# EDGAR Filing Document

**Accession Number:** 0000002110
**File Stem:** 0001193125-25-160879
**Filing Date:** 2025-7
**Character Count:** 162492
**Document Hash:** 585155db61580561a9a4e22f0dc49ac8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-160879.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0001193125-25-160879

**CONFORMED SUBMISSION TYPE**: POS EX

**PUBLIC DOCUMENT COUNT**: 8

**FILED AS OF DATE**: 20250718

**DATE AS OF CHANGE**: 20250718

**EFFECTIVENESS DATE**: 20250718

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLUMBIA ACORN TRUST
- **CENTRAL INDEX KEY:** 0000002110

**ORGANIZATION NAME:**
- **EIN:** 362692100
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POS EX
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-34223
- **FILM NUMBER:** 251132670

**BUSINESS ADDRESS:**
- **STREET 1:** 71 S. WACKER DRIVE, SUITE 2500
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3126349200

**MAIL ADDRESS:**
- **STREET 1:** 71 S. WACKER DRIVE, SUITE 2500
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LIBERTY ACORN TRUST
- **DATE OF NAME CHANGE:** 20010424

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ACORN INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19940204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ACORN FUND INC
- **DATE OF NAME CHANGE:** 19920703

**As filed with the Securities and Exchange Commission on July 18, 2025.**

**Registration Nos. 002-34223** <br>**811-01829**

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**UNITED STATES** <br>**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

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**Form N-1A** <br>**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

☒

Pre-Effective Amendment No.

☐

Post-Effective Amendment No. 120

☒

**and/or**

**REGISTRATION STATEMENT**

***UNDER*** <br>

***THE INVESTMENT COMPANY ACT OF 1940***

☒

Amendment No. 95

☒

**(Check Appropriate Box or Boxes)**

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**COLUMBIA ACORN TRUST**

**(Exact Name of Registrant as Specified in Charter)**

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**290 Congress Street, Boston, Massachusetts 02210** <br>**(Address of Principal Executive Offices) (Zip Code)**

**Registrant's Telephone Number, Including Area Code: (800) 345-6611**

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---

| | |
|:---|:---|
| **Daniel J. Beckman**<br> **c/o Columbia Management Investment Advisers, LLC**<br> **290 Congress Street**<br> **Boston, Massachusetts 02210**<br>| &nbsp;&nbsp; **Ryan C. Larrenaga, Esq.**<br> **c/o Columbia Management Investment Advisers, LLC**<br> **290 Congress Street**<br> **Boston, Massachusetts 02210**<br>|

---

**(Name and Address of Agents for Service)**

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It is proposed that this filing will become effective immediately upon filing pursuant to Rule 462(d).

**EXPLANATORY NOTE**

This Post-Effective Amendment No. 120 to the Registration Statement on Form N-1A (File No. 002-34223) is being filed pursuant to Rule 462(d) under the Securities Act of 1933, as amended (the "Securities Act"), solely for the purpose of adding exhibits to such Registration Statement. Accordingly, this Post-Effective Amendment No. 120 consists only of a facing page, this explanatory note, and Part C of the Registration Statement on Form N-1A. This Post-Effective Amendment No. 120 does not change the form of any prospectus or Statement of Additional Information included in post-effective amendments previously filed with the Securities and Exchange Commission (the "SEC"). As permitted by Rule 462(d), this Post-Effective Amendment No. 120 shall become effective upon filing with the SEC.

This Post-Effective Amendment relates to all series of the Registrant.

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**PART C. OTHER INFORMATION**

**Item 28. Exhibits** 

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** |
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Registrant**<br> **that Made**<br> **the Filing**<br>| **File No.**<br> **of Such**<br> **Registrant**<br>| **Type of**<br> **Filing**<br>| **Exhibit of**<br> **Document**<br> **in that**<br> **Filing**<br>| **Filing**<br> **Date**<br>|
| (a)(1) | [Agreement and Declaration of Trust](https://www.sec.gov/Archives/edgar/data/2110/000095013196001730/0000950131-96-001730-index.htm) | Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #56 <br> on Form N-1A<br>| (1) | 4/30/1996 |
| (a)(2) | [Amendment No. 1 to the Agreement and](https://www.sec.gov/Archives/edgar/data/2110/000095013101501016/dex99a2.txt)<br> [Declaration of Trust, dated September](https://www.sec.gov/Archives/edgar/data/2110/000095013101501016/dex99a2.txt)<br> [29, 2000](https://www.sec.gov/Archives/edgar/data/2110/000095013101501016/dex99a2.txt)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #70 <br> on Form N-1A<br>| (a)(2) | 5/1/2001 |
| (a)(3) | [Amendment No. 2 to the Agreement and](https://www.sec.gov/Archives/edgar/data/2110/000089180405000872/file003.txt)<br> [Declaration of Trust, dated September](https://www.sec.gov/Archives/edgar/data/2110/000089180405000872/file003.txt)<br> [17, 2003](https://www.sec.gov/Archives/edgar/data/2110/000089180405000872/file003.txt)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #77 <br> on Form N-1A<br>| (a)(3) | 3/1/2005 |
| (a)(4) | [Amendment No. 3 to the Agreement and](d88873dex99a4.htm)<br> [Declaration of Trust, dated July 7, 2025](d88873dex99a4.htm)<br>| Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>| (a)(4) | 7/18/2025 |
| (b) | [By-laws dated September 28, 2004, as](d88873dex99b.htm)<br> [amended through July 7, 2025](d88873dex99b.htm)<br>| Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>| (b) | 7/18/2025 |
| (c)  | Stock Certificate:<br> Not Applicable<br>|  |  |  |  |  |  |
| (d)(1) | [Management Agreement, dated April 1,](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99d2.htm)<br> [2025, between Columbia Wanger Asset](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99d2.htm)<br> [Management, LLC, Columbia Acorn](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99d2.htm)<br> [Trust and Wanger Advisors Trust](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99d2.htm) (now <br> known as Columbia Funds Variable <br> Series Trust)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #118 <br> on Form N-1A<br>| (d)(2) | 4/4/2025 |
| (d)(2) | [Novation of Management Agreement,](d88873dex99d2.htm)<br> [dated July 7, 2025, between Columbia](d88873dex99d2.htm)<br> [Acorn Trust, Columbia Funds Variable](d88873dex99d2.htm)<br> [Series Trust (formerly Wanger Advisors](d88873dex99d2.htm)<br> [Trust), Columbia Wanger Asset](d88873dex99d2.htm)<br> [Management, LLC and Columbia](d88873dex99d2.htm)<br> [Management Investment Advisers, LLC](d88873dex99d2.htm)<br>| Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>| (d)(2) | 7/18/2025 |
| (e)(1) | [Distribution Agreement between](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br> [Columbia Management Investment](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br> [Distributors, Inc., Columbia Funds](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br> [Series Trust, Columbia Funds Series](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br> [Trust I, Columbia Funds Series Trust II](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br> [and Columbia Acorn Trust, dated March](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br> [1, 2025](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1.htm)<br>| Incorporated by <br> Reference<br>| Columbia Funds <br> Series Trust I<br>| 2-99356 | Post-Effective <br> Amendment #425 <br> on Form N-1A<br>| (e)(1) | 4/1/2025 |
| (e)(1)(i) | [Schedule I, effective March 27, 2025,](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [and Schedule II, as of September 7,](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [2010, to the Distribution Agreement](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [between Columbia Management](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [Investment Distributors, Inc., Columbia](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [Funds Series Trust, Columbia Funds](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [Series Trust I, Columbia Funds Series](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [Trust II and Columbia Acorn Trust,](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br> [dated March 1, 2025](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99e1i.htm)<br>| Incorporated by <br> Reference<br>| Columbia Funds <br> Series Trust I<br>| 2-99356 | Post-Effective <br> Amendment #425 <br> on Form N-1A<br>| (e)(1)(i) | 4/1/2025 |
| (e)(2) | [Form of Mutual Fund Sales Agreement](https://www.sec.gov/Archives/edgar/data/1352280/000119312523175680/d463029dex99e2.htm) | Incorporated by <br> Reference<br>| Columbia Funds <br> Series Trust II<br>| 333-131683 | Post-Effective <br> Amendment #238 <br> on Form N-1A<br>| (e)(2) | 6/27/2023 |
| (f) | [Deferred Compensation Plan, adopted as](https://www.sec.gov/Archives/edgar/data/1352280/000119312521056035/d85735dex99f.htm)<br> [of December 31, 2020](https://www.sec.gov/Archives/edgar/data/1352280/000119312521056035/d85735dex99f.htm)<br>| Incorporated by <br> Reference<br>| Columbia Funds <br> Series Trust II <br>| 333-131683 | Post-Effective <br> Amendment #218 <br> on Form N-1A<br>| (f) | 2/25/2021 |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** |
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Registrant**<br> **that Made**<br> **the Filing**<br>| **File No.**<br> **of Such**<br> **Registrant**<br>| **Type of**<br> **Filing**<br>| **Filing**<br> **Date**<br>|
| (g) | [Custody Agreement among JPMorgan](https://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99g.htm)<br> [Chase Bank, N.A., Columbia Acorn](https://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99g.htm)<br> [Trust and Wanger Advisors Trust dated](https://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99g.htm)<br> [December 15, 2010, effective July 22,](https://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99g.htm)<br> [2011, with Addendums dated July 14,](https://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99g.htm)<br> [2011](https://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99g.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #91 <br> on Form N-1A<br>(g) | 8/17/2011 |
| (h)(1) | [Transfer and Dividend Disbursing Agent](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Agreement by and between Columbia](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Management Investment Services Corp.,](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Columbia Acorn Trust, Columbia Credit](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Income Opportunities Fund, Columbia](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Funds Series Trust, Columbia Funds](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Series Trust I and Columbia Funds](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br> [Series Trust II, dated April 1, 2025](https://www.sec.gov/Archives/edgar/data/2110/000119312525073108/d906674dex99h1.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #118 <br> on Form N-1A<br>(h)(1) | 4/4/2025 |
| (h)(1)(i) | [Schedule A and Schedule B, effective](d88873dex99h1i.htm)<br> [July 1, 2025, to the Transfer and](d88873dex99h1i.htm)<br> [Dividend Disbursing Agent Agreement](d88873dex99h1i.htm)<br> [by and between Columbia Management](d88873dex99h1i.htm)<br> [Investment Services Corp., Columbia](d88873dex99h1i.htm)<br> [Acorn Trust, Columbia Credit Income](d88873dex99h1i.htm)<br> [Opportunities Fund, Columbia Funds](d88873dex99h1i.htm)<br> [Series Trust, Columbia Funds Series](d88873dex99h1i.htm)<br> [Trust I and Columbia Funds Series Trust](d88873dex99h1i.htm)<br> [II, dated April 1, 2025](d88873dex99h1i.htm)<br>| Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>(h)(1)(i) | 7/18/2025 |
| (h)(2) | [Amended and Restated Fee Waiver and](d88873dex99h2.htm)<br> [Expense Cap Agreement, effective July](d88873dex99h2.htm)<br> [1, 2025, between Columbia Management](d88873dex99h2.htm)<br> [Investment Advisers, LLC, Columbia](d88873dex99h2.htm)<br> [Management Investment Distributors,](d88873dex99h2.htm)<br> [Inc., Columbia Management Investment](d88873dex99h2.htm)<br> [Services Corp., Columbia Acorn Trust,](d88873dex99h2.htm)<br> [Columbia Credit Income Opportunities](d88873dex99h2.htm)<br> [Fund, Columbia Funds Series Trust,](d88873dex99h2.htm)<br> [Columbia Funds Series Trust I,](d88873dex99h2.htm)<br> [Columbia Funds Series Trust II,](d88873dex99h2.htm)<br> [Columbia Funds Variable Insurance](d88873dex99h2.htm)<br> [Trust, Columbia Funds Variable Series](d88873dex99h2.htm)<br> [Trust and Columbia Funds Variable](d88873dex99h2.htm)<br> [Series Trust II](d88873dex99h2.htm)<br>| Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>(h)(2) | 7/18/2025 |
| (h)(2)(i) | [Schedule A, as of July 1, 2025, to the](d88873dex99h2i.htm)<br> [Amended and Restated Fee Waiver and](d88873dex99h2i.htm)<br> [Expense Cap Agreement, effective July](d88873dex99h2i.htm)<br> [1, 2025, between Columbia Management](d88873dex99h2i.htm)<br> [Investment Advisers, LLC, Columbia](d88873dex99h2i.htm)<br> [Management Investment Distributors,](d88873dex99h2i.htm)<br> [Inc., Columbia Management Investment](d88873dex99h2i.htm)<br> [Services Corp., Columbia Acorn Trust,](d88873dex99h2i.htm)<br> [Columbia Credit Income Opportunities](d88873dex99h2i.htm)<br> [Fund, Columbia Funds Series Trust,](d88873dex99h2i.htm)<br> [Columbia Funds Series Trust I,](d88873dex99h2i.htm)<br> [Columbia Funds Series Trust II,](d88873dex99h2i.htm)<br> [Columbia Funds Variable Insurance](d88873dex99h2i.htm)<br> [Trust, Columbia Funds Variable Series](d88873dex99h2i.htm)<br> [Trust and Columbia Funds Variable](d88873dex99h2i.htm)<br> [Series Trust II](d88873dex99h2i.htm)<br>| Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>(h)(2)(i) | 7/18/2025 |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** |
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Registrant**<br> **that Made**<br> **the Filing**<br>| **File No.**<br> **of Such**<br> **Registrant**<br>| **Type of**<br> **Filing**<br>| **Filing**<br> **Date**<br>|
| (h)(3) | [Participation Agreement among Merrill](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file006.txt)<br> [Lynch Life Insurance Company,](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file006.txt)<br> [Columbia Acorn Trust and Columbia](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file006.txt)<br> [Funds Distributor, Inc. (now named](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file006.txt)<br> [Columbia Management Distributors,](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file006.txt)<br> [Inc.) dated March 4, 2005](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file006.txt).<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #79 <br> on Form N-1A<br>(h)(6) | 5/1/2006 |
| (h)(4) | [Amendment No. 1 to Participation](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br> [Agreement among Merrill Lynch Life](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br> [Insurance Company, Columbia Acorn](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br> [Trust and Columbia Management](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br> [Distributors, Inc. (formerly Columbia](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br> [Funds Distributor, Inc.) dated March 30,](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br> [2007](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd5.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #80 <br> on Form N-1A<br>(h)(5) | 4/30/2007 |
| (h)(5) | [Participation Agreement among ML Life](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file007.txt)<br> [Insurance Company of New York,](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file007.txt)<br> [Columbia Acorn Trust and Columbia](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file007.txt)<br> [Funds Distributor, Inc. (now named](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file007.txt)<br> [Columbia Management Distributors,](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file007.txt)<br> [Inc.) dated March 4, 2005](https://www.sec.gov/Archives/edgar/data/2110/000089180406001565/file007.txt)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #79 <br> on Form N-1A<br>(h)(7) | 5/1/2006 |
| (h)(6) | [Amendment No. 1 to Participation](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br> [Agreement among ML Life Insurance](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br> [Company of New York, Columbia Acorn](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br> [Trust and Columbia Management](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br> [Distributors, Inc. (formerly Columbia](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br> [Funds Distributor, Inc.) dated March 30,](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br> [2007](https://www.sec.gov/Archives/edgar/data/2110/000110465907033504/a07-7700_13ex99dhd7.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #80 <br> on Form N-1A<br>(h)(7) | 4/30/2007 |
| (h)(7) | [Amended and Restated Credit](https://www.sec.gov/Archives/edgar/data/1413032/000119312524256755/d883708dex99h8.htm)<br> [Agreement, as of October 24, 2024](https://www.sec.gov/Archives/edgar/data/1413032/000119312524256755/d883708dex99h8.htm)<br>| Incorporated by <br> Reference<br>| Columbia Funds <br> Variable Series <br> Trust II<br>| 333-146374 | Post-Effective <br> Amendment #95 <br> on Form N-1A<br>(h)(8) | 11/13/2024 |
| (h)(8) | [Form of Indemnification Agreement](d88873dex99h8.htm) | Filed Herewith | Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #120 <br> on Form N-1A<br>(h)(8) | 7/18/2025 |
| (i) | [Opinion and consent of counsel as to the](https://www.sec.gov/Archives/edgar/data/2110/000119312524104368/d768064dex99i.htm)<br> [legality of the securities being registered](https://www.sec.gov/Archives/edgar/data/2110/000119312524104368/d768064dex99i.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #117 <br> on Form N-1A<br>(i) | 4/22/2024 |
| (j) | [Consent of Independent Registered](https://www.sec.gov/Archives/edgar/data/2110/000119312525095335/d948362dex99j.htm)<br> [Accounting Firm](https://www.sec.gov/Archives/edgar/data/2110/000119312525095335/d948362dex99j.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #119 <br> on Form N-1A<br>(j) | 4/25/2025 |
| (k) | Omitted Financial Statements: Not <br> Applicable<br>|  |  |  |  |  |
| (l) | Initial Capital Agreement: Not <br> Applicable.<br>|  |  |  |  |  |
| (m)(1) | [Plan of Distribution Pursuant to Rule](http://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99m1.htm)<br> [12b-1](http://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99m1.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #91 <br> on Form N-1A<br>(m)(1) | 8/17/2011 |
| (m)(2) | [Rule 12b-1 Plan Implementing](http://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99m2.htm)<br> [Agreement](http://www.sec.gov/Archives/edgar/data/2110/000119312511225521/dex99m2.htm)<br>| Incorporated by <br> Reference<br>| Columbia Acorn <br> Trust<br>| 2-34223 | Post-Effective <br> Amendment #91 <br> on Form N-1A<br>(m)(2) | 8/17/2011 |
| (n) | [Rule 18f-3 Multi-Class Plan, approved](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99n.htm)<br> [November 8, 2023, amended and](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99n.htm)<br> [restated March 1, 2025](https://www.sec.gov/Archives/edgar/data/773757/000119312525070263/d903534dex99n.htm)<br>| Incorporated by <br> Reference<br>| Columbia Funds <br> Series Trust I<br>| 2-99356 | Post-Effective <br> Amendment #425 <br> on Form N-1A<br>(n) | 4/1/2025 |
| (o) | Reserved. |  |  |  |  |  |
| (p)(1) | [Code of Ethics adopted under Rule 17j-1](https://www.sec.gov/Archives/edgar/data/1413032/000119312519122312/d632544dex99p1.htm)<br> [for Registrant, effective March 2019](https://www.sec.gov/Archives/edgar/data/1413032/000119312519122312/d632544dex99p1.htm)<br>| Incorporated by <br> Reference<br>| Columbia Funds <br> Variable Series <br> Trust II<br>| 333-146374 | Post-Effective <br> Amendment #68 <br> on Form N-1A<br>(p)(1) | 4/26/2019 |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** | **Information About the Filing that Includes the Document Incorporated by Reference** |
| **Exhibit**<br> **Number** | **Exhibit Description** | **Filed Herewith or**<br> **Incorporated by** <br> **Reference** | **Registrant**<br> **that Made**<br> **the Filing**<br>| **File No.**<br> **of Such**<br> **Registrant**<br>| **Type of**<br> **Filing**<br>| **Filing**<br> **Date**<br>|
| (p)(2) | [Columbia Threadneedle Investments](https://www.sec.gov/Archives/edgar/data/1551950/000119312524281718/d910302dex99p2.htm)<br> [Global Personal Account Dealing and](https://www.sec.gov/Archives/edgar/data/1551950/000119312524281718/d910302dex99p2.htm)<br> [Code of Ethics, effective December 2024](https://www.sec.gov/Archives/edgar/data/1551950/000119312524281718/d910302dex99p2.htm)<br>| Incorporated by <br> Reference<br>| Columbia ETF <br> Trust I<br>| 333-209996 | Post-Effective <br> Amendment #40 <br> on Form N-1A<br>(p)(2) | 12/19/2024 |

---

**Item 29. Persons Controlled by or Under Common Control with the Registrant**

The Registrant does not consider that there are any persons directly or indirectly controlled by, or under common control with, the Registrant within the meaning of this item. The information in the prospectuses under the caption "More Information About the Fund - Primary Service Provider Contracts - The Investment Manager" and in the statement of additional information under the caption "The Investment Manager and Investment Management Services" is incorporated by reference.

**Item 30. Indemnification**

Article VIII of the Agreement and Declaration of Trust of the Registrant provides that the Registrant shall indemnify each of its trustees and officers (including persons who serve at Registrant's request as directors, officers or trustees of another organization in which Registrant has any interest as a shareholder, creditor or otherwise) (Covered Persons) against all liabilities and expenses reasonably incurred by any Covered Person in connection with the defense or disposition of any action, suit or other proceeding in which such Covered Person may be or may have been involved as a party or otherwise or with which such person may be or may have been threatened, which reason of being or having been such a Covered Person, all as more fully set forth in the Registrant's Agreement and Declaration of Trust, which has been filed as an exhibit to this registration statement. The Registrant has also agreed in an indemnification agreement to indemnify to the fullest extent authorized by applicable law against all liabilities and expenses incurred in connection with the defense or disposition any proceeding in which a trustee may be or may have been threatened by reason of any alleged act or omission as a trustee or by reason of being or having been a trustee, except with respect to any matter as to which the trustee shall have been finally adjudicated not to have acted in good faith in the reasonable belief that such trustee's action was in the best interests of the Registrant, all as more fully set forth in the indemnification agreement with each trustee, a form of which has been filed as an exhibit to this registration statement.

Section 17(h) of the Investment Company Act of 1940 (1940 Act) provides that no instrument pursuant to which Registrant is organized or administered shall contain any provision which protects or purports to protect any trustee or officer of Registrant against any liability to Registrant or its shareholders to which he or she would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence, or reckless disregard of the duties involved in the conduct of his or her office. In accordance with Section 17(h) of the 1940 Act, no Covered Person is indemnified under the Agreement and Declaration of Trust and, in the case of a trustee, the indemnification agreement against any liability to Registrant or its shareholders by reason of willful misfeasance, bad faith, gross negligence, or reckless disregard of the duties involved in the conduct of the Covered Person's office.

Pursuant to the Distribution Agreement, Columbia Management Investment Distributors, Inc. agrees to indemnify the Registrant, its officers and trustees against claims, demands, liabilities and expenses under specified circumstances, all as more fully set forth in the Registrant's Distribution Agreement, which has been filed as an exhibit to the registration statement. The Registrant may be party to other contracts that include indemnification provisions for the benefit of the Registrant's trustees and officers.

The trustees and officers of the Registrant and the personnel of the Registrant's investment adviser and principal underwriter are insured under an errors and omissions liability insurance policy. Registrant's investment adviser, Columbia Management Investment Advisers, LLC, maintains investment advisory professional liability insurance to insure it, for the benefit of Registrant and its non-interested trustees, against loss arising out of any effort, omission, or breach of any duty owed to Registrant or any series of Registrant by Columbia Management Investment Advisers, LLC.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to trustees, officers and controlling persons of the Registrant by the Registrant pursuant to the Registrant's organizational instruments or otherwise, the Registrant is aware that in the opinion of the Securities and Exchange Commission (SEC), such indemnification is against public policy as expressed in the Securities Act of 1933 and, therefore, is unenforceable.

**Item 31. Business and Other Connections of the Investment Adviser**

To the knowledge of the Registrant, none of the directors or officers of Columbia Management Investment Advisers, LLC (Columbia Management), the Registrant's investment adviser, or any subadviser to a series of the Registrant, except as set forth below, are or have been, at any time during the Registrant's past two fiscal years, engaged in any other business, profession, vocation or employment of a substantial nature.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(a) Columbia Management, a wholly owned subsidiary of Ameriprise Financial, Inc., performs investment advisory services for the Registrant and certain other clients. Information regarding the business of Columbia Management and the directors and principal officers of Columbia Management is also included in the Form ADV filed by Columbia Management with the SEC pursuant to the Investment Advisers Act of 1940 (File No. 801-25943), which information is incorporated herein by reference. In addition to their position with Columbia Management, certain directors and officers of Columbia Management also hold various positions with, and engage in business for, Ameriprise Financial, Inc. or its other subsidiaries.

**Item 32. Principal Underwriter**

(a) Columbia Management Investment Distributors, Inc. acts as principal underwriter for the following investment companies, including the Registrant:

Columbia Acorn Trust; Columbia Funds Series Trust; Columbia Credit Income Opportunities Fund; Columbia Funds Series Trust I; Columbia Funds Series Trust II; Columbia Funds Variable Insurance Trust; Columbia Funds Variable Series Trust (formerly Wanger Advisors Trust); and Columbia Funds Variable Series Trust II.

(b) As to each director, principal officer or partner of Columbia Management Investment Distributors, Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Name and**<br> **Principal Business Address\***<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Position and Offices** <br> **with Principal Underwriter**<br>| **Positions and Offices with Registrant** |
| William F. Truscott | President, Chief Executive Officer and Chairman of the Board | Senior Vice President |
| Francine Asselta | Vice President and Head of North America Institutional | None |
| Michael S. Mattox | Chief Financial Officer | None |
| Michael E. DeFao | Vice President, Chief Legal Officer and Assistant Secretary | &nbsp;&nbsp;&nbsp;&nbsp; Vice President and Assistant <br> Secretary<br>|
| Stephen O. Buff | Vice President, Chief Compliance Officer | None |
| James Bumpus | Vice President and Head of Intermediary Markets and Director | None |
| Thomas A. Jones | Vice President and Head of Strategic Relations | None |
| Gary Rawdon | Vice President – Distribution Strategy, Planning and Execution | None |
| Daniel J. Beckman | Vice President and Director | &nbsp;&nbsp;&nbsp;&nbsp; Board Member, President and<br> Principal Executive Officer<br>|
| Marc Zeitoun | Vice President and Head of North America Product | None |
| Suzanne Lieb | Vice President and Head of North America Marketing | None |
| Wendy B. Mahling | Secretary | None |
| Amy L. Hackbarth | Vice President and Assistant Secretary | None |
| Ryan C. Larrenaga | Vice President and Assistant Secretary | &nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President, Chief Legal <br> Officer and Secretary<br>|
| Joseph L. D'Alessandro | Vice President and Assistant Secretary | Assistant Secretary |
| Christopher O. Petersen | Vice President and Assistant Secretary | &nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President and Assistant <br> Secretary<br>|
| Kayla Sylvia | Vice President and Assistant Secretary | None |
| Shweta J. Jhanji | Vice President and Treasurer | None |
| Michael Tempesta | &nbsp;&nbsp;&nbsp;&nbsp; Anti-Money Laundering Officer and Assistant Identity Theft <br> Prevention Officer<br>| Anti-Money Laundering Officer |
| Kristin Weisser | Conflicts Officer | None |
| Kevin Sullivan | &nbsp;&nbsp;&nbsp;&nbsp; Identity Theft Prevention Officer and Assistant Anti-Money <br> Laundering Officer<br>| &nbsp;&nbsp;&nbsp;&nbsp; Privacy Officer and Identity Theft <br> Prevention Officer<br>|

---

\*

The principal business address of Columbia Management Investment Distributors, Inc. is 290 Congress Street, Boston, MA 02210.

(c) Not Applicable.

**Item 33. Location of Accounts and Records**

Persons maintaining physical possession of accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940 and the Rules thereunder include:

<sup>■</sup>

Registrant, 290 Congress Street, Boston, MA, 02210;

<sup>■</sup>

Registrant's investment adviser and administrator, Columbia Management Advisers, LLC, 290 Congress Street, Boston, MA, 02210;

<sup>■</sup>

Registrant's former investment adviser and administrator, Columbia Wanger Asset Management, LLC, 71 S. Wacker Drive, Suite 2500, Chicago, IL, 60606;

------

<sup>■</sup>

Registrant's principal underwriter, Columbia Management Investment Distributors, Inc., 290 Congress Street, Boston, MA, 02210;

<sup>■</sup>

Registrant's transfer agent, Columbia Management Investment Services Corp., 290 Congress Street, Boston, MA, 02210;

<sup>■</sup>

Registrant's sub-transfer agent, SS&C GIDS, Inc., 30 Braintree Hill Office Park, Suite 400, Braintree, MA 02184; and

<sup>■</sup>

Registrant's custodian, JP Morgan Chase Bank, N.A., 1 Chase Manhattan Plaza, 19th Floor, New York, NY 10005.

In addition, Iron Mountain Records Management is an off-site storage facility housing historical records that are no longer required to be maintained on-site. Records stored at this facility include various trading and accounting records, as well as other miscellaneous records. The address for Iron Mountain Records Management is 920 & 950 Apollo Road, Eagan, MN 55121.

Certain information on the above-referenced physical possession of accounts, books and other documents is also included in the Registrant's filing on Form N-CEN filed with the Securities and Exchange Commission on March 12, 2025.

**Item 34. Management Services**

Not Applicable.

**Item 35. Undertakings**

Not Applicable.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant, COLUMBIA ACORN TRUST, has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and the Commonwealth of Massachusetts on the 18<sup>th</sup> day of July, 2025.

---

| | |
|:---|:---|
| COLUMBIA ACORN TRUST | COLUMBIA ACORN TRUST |
| By: | /s/ Daniel J. Beckman |
|  | Daniel J. Beckman<br> Trustee and President<br>|

---

Pursuant to the requirements of the Securities Act of 1933, this Amendment to the Registration Statement has been signed below by the following persons in the capacities indicated on the 18<sup>th</sup> day of July, 2025.

---

| | | | |
|:---|:---|:---|:---|
| Signature | Capacity | Signature | Capacity |
| /s/ Daniel J. Beckman | &nbsp;&nbsp; Trustee and President<br> (Principal Executive Officer) | /s/ Patricia M. Flynn\* | Trustee |
| Daniel J. Beckman | &nbsp;&nbsp; Trustee and President<br> (Principal Executive Officer) | Patricia M. Flynn | Trustee |
| /s/ Michael G. Clarke\* | &nbsp;&nbsp; Chief Financial Officer,<br> Principal Financial Officer<br> and Senior Vice President | /s/ Brian J. Gallagher\* | Trustee |
| Michael G. Clarke | &nbsp;&nbsp; Chief Financial Officer,<br> Principal Financial Officer<br> and Senior Vice President | Brian J. Gallagher | Trustee |
| /s/ Charles H. Chiesa\* | &nbsp;&nbsp; Treasurer, Chief<br> Accounting Officer <br> (Principal Accounting Officer) and <br> Principal Financial Officer | /s/ Douglas A. Hacker\* | Trustee |
| Charles H. Chiesa | &nbsp;&nbsp; Treasurer, Chief<br> Accounting Officer <br> (Principal Accounting Officer) and <br> Principal Financial Officer | Douglas A. Hacker | Trustee |
| /s/ Pamela G. Carlton\* | Chair of the Board | /s/ Nancy T. Lukitsh\* | Trustee |
| Pamela G. Carlton | Chair of the Board | Nancy T. Lukitsh | Trustee |
| /s/ George S. Batejan\* | Trustee | /s/ David M. Moffett\* | Trustee |
| George S. Batejan | Trustee | David M. Moffett | Trustee |
| /s/ Kathleen A. Blatz\* | Trustee | /s/ Catherine James Paglia\* | Trustee |
| Kathleen A. Blatz | Trustee | Catherine James Paglia | Trustee |
| /s/ Janet Langford Carrig\* | Trustee | /s/ Natalie A. Trunow\* | Trustee |
| Janet Langford Carrig | Trustee | Natalie A. Trunow | Trustee |
| /s/ J. Kevin Connaughton\* | Trustee | /s/ Sandra L. Yeager\* | Trustee |
| J. Kevin Connaughton | Trustee | Sandra L. Yeager | Trustee |
| /s/ Olive M. Darragh\* | Trustee |  |  |
| Olive M. Darragh | Trustee |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| \* | By:<br> Name: | /s/ Joseph D'Alessandro |
| \* | By:<br> Name: | Joseph D'Alessandro\*\*<br> Attorney-in-fact<br>|
| \*\* | Executed by Joseph D'Alessandro on behalf of Michael G. Clarke and Charles H. Chiesa, pursuant to Powers of Attorney, <br> dated March 1, 2025, and on behalf of each of the Trustees pursuant to a Trustees' Power of Attorney, dated March 1, 2025. | Executed by Joseph D'Alessandro on behalf of Michael G. Clarke and Charles H. Chiesa, pursuant to Powers of Attorney, <br> dated March 1, 2025, and on behalf of each of the Trustees pursuant to a Trustees' Power of Attorney, dated March 1, 2025. |

---

------

**COLUMBIA ACORN TRUST**

**COLUMBIA FUNDS SERIES TRUST**

**COLUMBIA FUNDS SERIES TRUST I**

**COLUMBIA FUNDS SERIES TRUST II**

**COLUMBIA FUNDS VARIABLE INSURANCE TRUST**

**COLUMBIA FUNDS VARIABLE SERIES TRUST II**

**COLUMBIA ETF TRUST**

**COLUMBIA ETF TRUST I**

**COLUMBIA ETF TRUST II**

**WANGER ADVISORS TRUST**

**(each a "Registrant")**

**POWER OF ATTORNEY**

Each of the undersigned constitutes and appoints Michael G. Clarke, Joseph D'Alessandro, Michael E. DeFao, Ryan C. Larrenaga, Brian D. McCabe, Christopher O. Petersen, and Megan E. Garcy, each individually, his or her true and lawful attorney-in-fact and agent (each an "Attorney-in-Fact") with power of substitution or resubstitution, in any and all capacities, including without limitation in the undersigned's capacity as a trustee of each Registrant, in the furtherance of the business and affairs of each Registrant: (i) to execute any and all instruments which said Attorney-in-Fact may deem necessary or advisable or which may be required to comply with the Securities Act of 1933, the Investment Company Act of 1940, the Securities Exchange Act of 1934 (together the "Acts") and any other applicable federal securities laws, or rules, regulations or requirements of the U.S. Securities and Exchange Commission ("SEC") in respect thereof, in connection with the filing and effectiveness of each Registrant's Registration Statement regarding the registration of each Registrant or its shares of beneficial interest, and any and all amendments thereto, including without limitation any reports, forms or other filings required by the Acts or any other applicable federal securities laws, or rules, regulations or requirements of the SEC; and (ii) to execute any and all federal, state or foreign regulatory or other required filings, including all applications with regulatory authorities, state charter or organizational documents and any amendments or supplements thereto, to be executed by, on behalf of, or for the benefit of, each Registrant. The undersigned hereby grants to each Attorney-in-Fact full power and authority to do and perform each and every act and thing contemplated above, as fully and to all intents and purposes as the undersigned might or could do in person, and hereby ratifies and confirms all that said Attorneys-in-Fact, individually or collectively, may lawfully do or cause to be done by virtue hereof.

This Power of Attorney shall not be revoked with respect to any undersigned trustee by any subsequent power of attorney the undersigned may execute unless such subsequent power of attorney specifically refers to this Power of Attorney or specifically states that the instrument is intended to revoke all prior general powers of attorney or all prior powers of attorney (and unless otherwise required by a provision of law that cannot be waived). This Power of Attorney shall terminate automatically with respect to a Registrant if the undersigned ceases to hold the above-referenced office of the Registrant.

<br>Dated: March 1, 2025

<br>[REMAINDER OF THIS PAGE IS LEFT BLANK INTENTIONALLY]

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| /s/ George S. Batejan | Trustee | /s/ Brian J. Gallagher | Trustee |
| George S. Batejan | Trustee | Brian J. Gallagher | Trustee |
| /s/ Daniel J. Beckman | Trustee | /s/ Douglas Hacker | Trustee |
| Daniel J. Beckman | Trustee | Douglas Hacker | Trustee |
| /s/ Kathleen A. Blatz | Trustee | /s/ Nancy T. Lukitsh | Trustee |
| Kathleen A. Blatz | Trustee | Nancy T. Lukitsh | Trustee |
| /s/ Pamela G. Carlton | Trustee | /s/ David M. Moffett | Trustee |
| Pamela G. Carlton | Trustee | David M. Moffett | Trustee |
| /s/ Janet Langford Carrig | Trustee | /s/ Catherine James Paglia | Trustee |
| Janet Langford Carrig | Trustee | Catherine James Paglia | Trustee |
| /s/ J. Kevin Connaughton | Trustee | /s/ Natalie A. Trunow | Trustee |
| J. Kevin Connaughton | Trustee | Natalie A. Trunow | Trustee |
| /s/ Olive M. Darragh | Trustee | /s/ Sandra L. Yeager | Trustee |
| Olive M. Darragh | Trustee | Sandra L. Yeager | Trustee |
| /s/ Patricia M. Flynn | Trustee |  |  |
| Patricia M. Flynn | Trustee |  |  |

---

------

**COLUMBIA ACORN TRUST**

**COLUMBIA FUNDS SERIES TRUST**

**COLUMBIA FUNDS SERIES TRUST I**

**COLUMBIA FUNDS SERIES TRUST II**

**COLUMBIA FUNDS VARIABLE INSURANCE TRUST**

**COLUMBIA FUNDS VARIABLE SERIES TRUST II**

**COLUMBIA ETF TRUST**

**COLUMBIA ETF TRUST I**

**COLUMBIA ETF TRUST II**

**COLUMBIA SELIGMAN PREMIUM TECHNOLOGY GROWTH FUND**

**TRI-CONTINENTAL CORPORATION**

**WANGER ADVISORS TRUST**

**(each a "Registrant")**

**POWER OF ATTORNEY**

The undersigned does hereby constitute and appoint Joseph D'Alessandro, Michael E. DeFao, Ryan C. Larrenaga and Christopher O. Petersen, each individually, his true and lawful attorney-in-fact and agent (each an "Attorney-in-Fact") with power of substitution or resubstitution, in any and all capacities, including without limitation in the undersigned's capacity as Chief Financial Officer, Principal Financial Officer and Senior Vice President of each Registrant, in the furtherance of the business and affairs of each Registrant: (i) to execute any and all instruments which said Attorney-in-Fact may deem necessary or advisable or which may be required to comply with the Securities Act of 1933, the Investment Company Act of 1940, the Securities Exchange Act of 1934 (together the "Acts") and any other applicable federal securities laws, or rules, regulations or requirements of the U.S. Securities and Exchange Commission ("SEC") in respect thereof, in connection with the filing and effectiveness of each Registrant's Registration Statement regarding the registration of each Registrant or its shares of beneficial interest, and any and all amendments thereto, including without limitation any reports, forms or other filings required by the Acts or any other applicable federal securities laws, or rules, regulations or requirements of the SEC; and (ii) to execute any and all federal, state or foreign regulatory or other required filings, including all applications with regulatory authorities, state charter or organizational documents and any amendments or supplements thereto, to be executed by, on behalf of, or for the benefit of, each Registrant. The undersigned hereby grants to each Attorney-in-Fact full power and authority to do and perform each and every act and thing contemplated above, as fully and to all intents and purposes as the undersigned might or could do in person, and hereby ratifies and confirms all that said Attorneys-in-Fact, individually or collectively, may lawfully do or cause to be done by virtue hereof.

This Power of Attorney shall not be revoked by any subsequent power of attorney I may execute unless such subsequent power of attorney specifically refers to this Power of Attorney or specifically states that the instrument is intended to revoke all prior general powers of attorney or all prior powers of attorney (and unless otherwise required by a provision of law that cannot be waived). This Power of Attorney shall terminate automatically with respect to a Registrant if the undersigned ceases to hold the above-referenced office(s) of a Registrant.

Dated: March 1, 2025

<u>/s/ Michael G. Clarke</u>

Michael G. Clarke

------

**COLUMBIA ACORN TRUST**

**COLUMBIA FUNDS SERIES TRUST**

**COLUMBIA FUNDS SERIES TRUST I**

**COLUMBIA FUNDS SERIES TRUST II**

**COLUMBIA FUNDS VARIABLE INSURANCE TRUST**

**COLUMBIA FUNDS VARIABLE SERIES TRUST II**

**COLUMBIA SELIGMAN PREMIUM TECHNOLOGY GROWTH FUND**

**TRI-CONTINENTAL CORPORATION**

**WANGER ADVISORS TRUST**

**(each a "Registrant")**

**POWER OF ATTORNEY**

The undersigned does hereby constitute and appoint Michael G. Clarke, Joseph D'Alessandro, Michael E. DeFao, Ryan C. Larrenaga and Christopher O. Petersen, each individually, his true and lawful attorney-in-fact and agent (each an "Attorney-in-Fact") with power of substitution or resubstitution, in any and all capacities, including without limitation in the undersigned's capacity as Treasurer, Chief Accounting Officer (Principal Accounting Officer) and Principal Financial Officer of each Registrant, in the furtherance of the business and affairs of each Registrant: (i) to execute any and all instruments which said Attorney-in-Fact may deem necessary or advisable or which may be required to comply with the Securities Act of 1933, the Investment Company Act of 1940, the Securities Exchange Act of 1934 (together the "Acts") and any other applicable federal securities laws, or rules, regulations or requirements of the U.S. Securities and Exchange Commission ("SEC") in respect thereof, in connection with the filing and effectiveness of each Registrant's Registration Statement regarding the registration of each Registrant or its shares of beneficial interest, and any and all amendments thereto, including without limitation any reports, forms or other filings required by the Acts or any other applicable federal securities laws, or rules, regulations or requirements of the SEC; and (ii) to execute any and all federal, state or foreign regulatory or other required filings, including all applications with regulatory authorities, state charter or organizational documents and any amendments or supplements thereto, to be executed by, on behalf of, or for the benefit of, each Registrant. The undersigned hereby grants to each Attorney-in-Fact full power and authority to do and perform each and every act and thing contemplated above, as fully and to all intents and purposes as the undersigned might or could do in person, and hereby ratifies and confirms all that said Attorneys-in-Fact, individually or collectively, may lawfully do or cause to be done by virtue hereof.

This Power of Attorney shall not be revoked by any subsequent power of attorney I may execute unless such subsequent power of attorney specifically refers to this Power of Attorney or specifically states that the instrument is intended to revoke all prior general powers of attorney or all prior powers of attorney (and unless otherwise required by a provision of law that cannot be waived). This Power of Attorney shall terminate automatically with respect to a Registrant if the undersigned ceases to hold the above-referenced office of the Registrant.

Dated: March 1, 2025

<u>/s/ Charles H. Chiesa</u> <br>Charles H. Chiesa

------

**Exhibit Index**

Exhibits Related to Item 28 of Part C

---

| | |
|:---|:---|
| (a)(4) | Amendment No. 3 to the Agreement and Declaration of Trust, dated July 7, 2025 |
| (b) | By-laws dated September 28, 2004, as amended through July 7, 2025 |
| (d)(2) | Novation of Management Agreement, dated July 7, 2025, between Columbia Acorn Trust, Columbia Funds Variable Series Trust <br> (formerly Wanger Advisors Trust), Columbia Wanger Asset Management, LLC and Columbia Management Investment <br> Advisers, LLC<br>|
| (h)(1)(i) | Schedule A and Schedule B, effective July 1, 2025, to the Transfer and Dividend Disbursing Agent Agreement by and between <br> Columbia Management Investment Services Corp., Columbia Acorn Trust, Columbia Credit Income Opportunities Fund, <br> Columbia Funds Series Trust, Columbia Funds Series Trust I and Columbia Funds Series Trust II, dated April 1, 2025<br>|
| (h)(2) | Amended and Restated Fee Waiver and Expense Cap Agreement, effective July 1, 2025, between Columbia Management <br> Investment Advisers, LLC, Columbia Management Investment Distributors, Inc., Columbia Management Investment Services <br> Corp., Columbia Acorn Trust, Columbia Credit Income Opportunities Fund, Columbia Funds Series Trust, Columbia Funds <br> Series Trust I, Columbia Funds Series Trust II, Columbia Funds Variable Insurance Trust, Columbia Funds Variable Series Trust <br> and Columbia Funds Variable Series Trust II<br>|
| (h)(2)(i) | Schedule A, as of July 1, 2025, to the Amended and Restated Fee Waiver and Expense Cap Agreement, effective July 1, 2025, <br> between Columbia Management Investment Advisers, LLC, Columbia Management Investment Distributors, Inc., Columbia <br> Management Investment Services Corp., Columbia Acorn Trust, Columbia Credit Income Opportunities Fund, Columbia Funds <br> Series Trust, Columbia Funds Series Trust I, Columbia Funds Series Trust II, Columbia Funds Variable Insurance Trust, <br> Columbia Funds Variable Series Trust and Columbia Funds Variable Series Trust II<br>|
| (h)(8) | Form of Indemnification Agreement |

---

------

## Ex-99.(A)(4)

**COLUMBIA ACORN TRUST** 

AMENDMENT NO. 3 TO THE

AGREEMENT AND DECLARATION OF TRUST

WHEREAS, the principal place of business of **Columbia Acorn Trust** (the "Trust") has changed and the undersigned Trustees wish to amend the Agreement and Declaration of Trust (the "Declaration of Trust") of the Trust, dated April 21, 1992, as amended from time to time, a copy of which is on file in the Office of the Secretary of The Commonwealth of Massachusetts, to reflect the new address, as authorized by Section 7 of Article IX of the Declaration of Trust;

NOW, THEREFORE, the undersigned, being at least a majority of the Trustees of the Trust, do hereby certify that we have authorized the following amendments to said Declaration of Trust:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Address of the Trust, the Address of the Trustees and the Address of the Registered Agent are hereby
updated as follows:

Address of the Trust:

Columbia Acorn Trust

290 Congress Street

Boston, MA 02210

Address of the Trustees:

C/O Columbia Acorn Trust

290 Congress Street

Boston, MA 02210

Address of the Registered Agent:

CT Corporation

155 Federal Street # 700

Boston, MA 02110

The rest of the Declaration of Trust remains unchanged.

The foregoing amendment is effective as of July 7, 2025.

[The remainder of this page intentionally left blank]

------

IN WITNESS WHEREOF, the undersigned has signed this Amendment No. 3 to the Declaration of Trust on June 26, 2025.

---

| | |
|:---|:---|
| /s/ George S. Batejan | /s/ Brian J. Gallagher |
| George S. Batejan | Brian J. Gallagher |
| /s/ Kathleen A. Blatz | /s/ Douglas A. Hacker |
| Kathleen A. Blatz | Douglas A. Hacker |
| /s/ Daniel J. Beckman |  |
| Daniel J. Beckman | Nancy T. Lukitsh |
| /s/ Pamela G. Carlton |  |
| Pamela G. Carlton | David M. Moffett |
| /s/ Janet Langford Carrig | /s/ Catherine James Paglia |
| Janet Langford Carrig | Catherine James Paglia |
| /s/ J. Kevin Connaughton | /s/ Natalie A. Trunow |
| J. Kevin Connaughton | Natalie A. Trunow |
| /s/ Olive M. Darragh | /s/ Sandra L. Yeager |
| Olive M. Darragh | Sandra L. Yeager |
| /s/ Patricia M. Flynn |  |
| Patricia M. Flynn |  |

---

Registered Agent: CT Corporation 155 Federal Street # 700 Boston, MA 02110

## Ex-99.(B)

**COLUMBIA ACORN TRUST** 

**<u>BYLAWS</u>**

**<u>**Table of Contents**</u>**

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| | | |
|:---|:---|:---|
|  Section 1. | Agreement and Declaration of Trust and Principal Office | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 | Agreement and Declaration of Trust | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 | Principal Office of the Trust | 1 |
|  Section 2. | Shareholders | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1. | Shareholder Meetings | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 | Place of Meetings | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 | Notice of Meetings | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 | Ballots | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5. | Proxies | 2 |
|  Section 3. | Trustees | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 | Committees and Advisory Board | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 | Chairman and Vice-chairman | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 | Regular Meetings | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 | Special Meetings | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 | Notice | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6 | Quorum | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7 | Eligibility to Serve | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.8 | Emeritus Trustees | 3 |
|  Section 4. | Officers and Agents | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 | Enumeration; Qualification | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 | Powers | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 | Election | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.4 | Tenure | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.5 | President | 4 |

---

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.6 | Vice Presidents | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.7 | Treasurer | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.8 | Secretary | 4 |
|  Section 5. | Resignations and Removals | 5 |
|  Section 6. | Vacancies | 5 |
|  Section 7. | Shares of Beneficial Interest | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 | Share Certificates | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2 | Loss of Certificates | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3 | Discontinuance of Issuance of Certificates | 6 |
|  Section 8. | Record Date and Closing Transfer Books | 6 |
|  Section 9. | Seal | 6 |
|  Section 10. | Execution of Papers | 6 |
|  Section 11. | Fiscal Year | 6 |
|  Section 12. | Amendments | 6 |
|  Section 13. | Forum Selection | 7 |
|  Section 14. | Claims | 7 |

---

------

**<u>BYLAWS</u>**

**<u>OF</u>**

**<u>COLUMBIA ACORN TRUST</u>**

(as amended through July 7, 2025)

<u>Section 1. Agreement and Declaration of Trust and Principal Office</u> 

1.1 <u>Agreement and Declaration of Trust</u>. These Bylaws shall be subject to the Agreement and Declaration of Trust, as from time to time in effect (the "Declaration of Trust"), of Columbia Acorn Trust, a Massachusetts business trust established by the Declaration of Trust (the "Trust").

1.2 <u>Principal Office of the Trust</u>. The principal office of the Trust shall be located at 290 Congress Street, Boston, Massachusetts 02210 or such other location in Boston, Massachusetts as shall be determined from time to time by the officers of the Trust.

<u>Section 2. Shareholders</u> 

2.1. <u>Shareholder Meetings</u>. A meeting of the shareholders of the Trust or of any one or more series or classes of shares may be called at any time by the Trustees, by the chairman, the president or, if the Trustees, the chairman and the president shall fail to call any meeting of shareholders for a period of 30 days after written application of one or more shareholders who hold at least 10% of all outstanding shares of the Trust, if shareholders of all series are required under the Declaration of Trust to vote in the aggregate and not by individual series at such meeting, or of any series or class, if shareholders of such series or class are entitled under the Declaration of Trust to vote by individual series or class at such meeting, then such shareholders may call such meeting. If the meeting is a meeting of the shareholders of one or more series or classes of shares, but not a meeting of all shareholders of the Trust, then only the shareholders of such one or more series or classes shall be entitled to notice of and to vote at the meeting. Each call of a meeting shall state the place, date, hour and purposes of the meeting.

2.2 <u>Place of Meetings</u>. All meetings of the shareholders shall be held at the principal office of the Trust, or, to the extent permitted by the Declaration of Trust, at such other place within the United States as shall be designated by the Trustees or the president of the Trust.

2.3 <u>Notice of Meetings</u>. A written notice of each meeting of shareholders, stating the place, date and hour and the purposes of the meeting, shall be given at least seven days before the meeting to each shareholder entitled to vote thereat by leaving such notice with him or her or at his or her residence or usual place of business or by mailing it, postage prepaid, and addressed to such shareholder at his or her address as it appears in the records of the Trust. Such notice shall be given by the secretary or an assistant secretary or by an officer designated by the Trustees. No notice of any meeting of shareholders need be given to a shareholder if a written waiver of notice, executed before or after the meeting by such shareholder or his or her attorney thereunto duly authorized, is filed with the records of the meeting.

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2.4 <u>Ballots</u>. No ballot shall be required for any election unless requested by a shareholder present or represented at the meeting and entitled to vote in the election.

2.5. <u>Proxies</u>. Shareholders entitled to vote may vote either in person or by proxy executed not more than six months before the meeting named therein, which proxies shall be filed with the secretary or other person responsible to record the proceedings of the meeting before being voted. The placing of a shareholder's name on a proxy pursuant to telephone or electronically transmitted instructions obtained pursuant to procedures reasonably designed to verify that such instructions have been authorized by such shareholder shall constitute execution of such proxy by or on behalf of such shareholder. Unless otherwise specifically limited by their terms, such proxies shall entitle the holders thereof to vote at any adjournment of such meeting but shall not be valid after the final adjournment of such meeting. [amended 9/30/97]

<u>Section 3. Trustees</u> 

3.1 <u>Committees and Advisory Board</u>. The Trustees may appoint from their number an executive committee and other committees. Except as the Trustees may otherwise determine, any such committee may make rules for conduct of its business. The Trustees may appoint an advisory board to consist of not less than two nor more than five members. The members of the advisory board shall be compensated in such manner as the Trustees may determine and shall confer with and advise the Trustees regarding the investments and other affairs of the Trust. Each member of the advisory board shall hold office until the first meeting of the Trustees following the next meeting of the shareholders and until his or her successor is elected and qualified, or until he or she sooner dies, resigns, is removed or becomes disqualified, or until the advisory board is sooner abolished by the Trustees.

3.2 <u>Chairman and Vice-chairman</u>. The Trustees may appoint a chairman and a vice-chairman, who shall be Trustees of the Trust but need not be shareholders. The chairman shall preside at all meetings of the shareholders and of the Trustees and in the chairman's absence, the vice-chairman shall so preside. The chairman and the vice-chairman shall hold their respective positions at the pleasure of the Trustees. Neither the chairman nor the vice-chairman shall, by reason of holding such position, be or be deemed to be officers of the Trust. [added 9/15/92]

3.3 <u>Regular Meetings</u>. Regular meetings of the Trustees may be held without call or notice at such places and at such times as the Trustees may from time to time determine, provided that notice of the first regular meeting following any such determination shall be given to absent Trustees. [renumbered 9/15/92]

3.4 <u>Special Meetings</u>. Special meetings of the Trustees may be held at any time and at any place designated in the call of the meeting; when called by the chairman, the president or the treasurer or by two or more Trustees, sufficient notice thereof being given to each Trustee by the secretary or an assistant secretary or by the officer or one of the Trustees calling the meeting. [renumbered 9/15/92]

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3.5 <u>Notice</u>. It shall be sufficient notice to a Trustee to send notice by mail at least forty-eight hours or by telegram at least twenty-four hours before the meeting addressed to the Trustee at his or her usual or last known business or residence address or to give notice to him or her in person or by telephone at least twenty-four hours before the meeting. Notice of a meeting need not be given to any Trustee if a written waiver of notice, executed by him or her before or after the meeting, is filed with the records of the meeting, or to any Trustee who attends the meeting without protesting prior thereto or at its commencement the lack of notice to him or her. Neither notice of a meeting nor a waiver of a notice need specify the purposes of the meeting. [renumbered 9/15/92]

3.6 <u>Quorum</u>. At any meeting of the Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. [renumbered 9/15/92]

3.7 <u>Eligibility to Serve</u>. No person shall be appointed to serve as a Trustee after attaining the age of 75 years. Any Trustee shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 75 years, except that upon the vote of a majority of the Trustees who are not "interested persons," as defined in Section 2(a)(19) of the Investment Company Act of 1940 Act, as amended, the term of a Trustee may be extended past the end of the calendar year in which he attains the age of 75. [added 2/2/93; amended 12/2/94, 2/25/97, 5/20/02, 11/12/02 and 12/17/09]

3.8 <u>Emeritus Trustees</u>. The Trustees may from time to time designate one or more former Trustees of the Trust as "Emeritus" Trustee for the limited purpose of providing advice and counsel to the Trustees in connection with the Trustees' management of the business and officers of the Trust. Emeritus Trustees shall have no power to act on behalf of the Trust and shall not be entitled to vote on any matter that comes before the Trustees. Section 3.7 hereof shall not be applicable to an Emeritus Trustee. [added 9/30/09]

<u>Section 4. Officers and Agents</u> 

4.1 <u>Enumeration; Qualification</u>. The officers of the Trust shall be a president, a treasurer, a secretary and such other officers, if any, as the Trustees from time to time may in their discretion elect or appoint. The Trust may also have such agents, if any, as the Trustees from time to time may in their discretion appoint. Any officer may be but none need be a Trustee or shareholder. Any two or more offices may be held by the same person. [amended 9/15/92]

4.2 <u>Powers</u>. Subject to the other provisions of these Bylaws, each officer shall have, in addition to the duties and powers herein and in the Declaration of Trust set forth, such duties and powers as are commonly incident to his or her office as if the Trust were organized as a Massachusetts business corporation and such other duties and powers as the Trustees may from time to time designate, including without limitation the power to make purchases and sales of portfolio securities of the Trust pursuant to recommendations of the Trust's investment adviser in accordance with the policies and objectives of the Trust set forth in its prospectus and with such general or specific instructions as the Trustees may from time to time have issued.

------

4.3 <u>Election</u>. The president, the treasurer and the secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at any time. [amended 9/15/92]

4.4 <u>Tenure</u>. The president, the treasurer and the secretary shall hold office until their respective successors are chosen and qualified, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. Each other officer shall hold office at the pleasure of the Trustees. Each agent shall retain his or her authority at the pleasure of the Trustees. [amended 9/15/92]

4.5 <u>President</u>. The president shall be the chief executive officer of the Trust. In the absence of the chairman and the vice-chairman, or in the event of the inability or refusal to act of both of them, the president shall preside at meetings of the Trustees or shareholders. [amended 9/15/92]

4.6 <u>Vice Presidents</u>. In the absence of the president, or in the event of the president's inability or refusal to act, the vice president (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of their election) shall perform the duties of the president, and when so acting shall have all the powers of the president. Any vice president shall have such other duties and powers as shall be designated from time to time by the Trustees or the president. [renumbered 9/15/92]

4.7 <u>Treasurer</u>. The treasurer shall be the chief financial and accounting officer of the Trust and subject to any arrangement made by the Trustees with a bank or trust company or other organization as custodian or transfer or shareholder services agent, shall be in charge of its valuable papers and its books of account and accounting records, and shall have such duties and powers as shall be designated from time to time by the Trustees or the president. Any assistant treasurer shall have such duties and powers as shall be designated from time to time by the Trustees. [renumbered 9/15/92]

4.8 <u>Secretary</u>. The secretary shall record all proceedings of the shareholders and the Trustees in books to be kept therefor, which books shall be kept at the principal office of the Trust. In the absence of the secretary from any meeting of shareholders or Trustees, an assistant secretary, or if there be none or he or she is absent, a temporary clerk chosen at the meeting, shall record the proceedings thereof in the aforesaid books. [renumbered 9/15/92]

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<u>Section 5. Resignations and Removals</u> 

Any Trustee, chairman, vice-chairman, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by the vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, chairman, vice-chairman, officer, or advisory board member resigning, and no officer, chairman, vice-chairman, or advisory board member removed, shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. [amended 9/15/92]

<u>Section 6. Vacancies</u> 

A vacancy in any office may be filled at any time. Each successor shall hold office for the unexpired term, and in the case of the president, the treasurer and the secretary, until his or her successor is chosen and qualified, or in each case until he or she sooner dies, resigns, is removed or becomes disqualified. [amended 9/15/92]

<u>Section 7. Shares of Beneficial Interest</u> 

7.1 <u>Share Certificates</u>. No certificates certifying the ownership of shares shall be issued except as the Trustees may otherwise authorize. In the event that the Trustees authorize the issuance of share certificates, subject to the provisions of Section 7.3, each shareholder shall be entitled to a certificate stating the number of whole shares owned by him or her, in such form as shall be prescribed from time to time by the Trustees. Such certificate shall be signed by the chairman, the president or a vice president and by the treasurer or secretary. Such signatures may be facsimiles if the certificate is signed by a transfer agent or by a registrar, other than a Trustee, officer or employee of the Trust. In case any officer who has signed or whose facsimile signature has been placed on such certificate shall have ceased to be such officer before such certificate is issued, it may be issued by the Trust with the same effect as if he or she were such officer at the time of its issue.

In lieu of issuing certificates for shares, the Trustees or the transfer agent may either issue receipts therefor or keep accounts upon the books of the Trust for the record holders of such shares, who shall in either case be deemed, for all purposes hereunder, to be the holders of certificates for such shares as if they had accepted such certificates and shall be held to have expressly assented and agreed to the terms hereof.

7.2 <u>Loss of Certificates</u>. In the case of the alleged loss or destruction or the mutilation of a share certificate, a duplicate certificate may be issued in place thereof, upon such terms as the Trustees may prescribe.

------

7.3 <u>Discontinuance of Issuance of Certificates</u>. The Trustees may at any time discontinue the issuance of share certificates and may, by written notice to each shareholder, require the surrender of share certificates to the Trust for cancellation. Such surrender and cancellation shall not affect the ownership of shares in the Trust.

<u>Section 8. Record Date and Closing Transfer Books</u> 

The Trustees may fix in advance a time, which shall not be more than 90 days before the date of any meeting of shareholders or the date for the payment of any dividend or making of any other distribution to shareholders, as the record date for determining the shareholders having the right to notice and to vote at such meeting and any adjournment thereof or the right to receive such dividend or distribution, and in such case only shareholders of record on such record date shall have such right, notwithstanding any transfer of shares on the books of the Trust after the record date; or without fixing such record date the Trustees may for any of such purposes close the transfer books for all or any part of such period. [amended 10/24/97]

<u>Section 9. Seal</u> 

The seal of the Trust shall, subject to alteration by the Trustees, consist of a flat-faced circular die with the word "Massachusetts," together with the name of the Trust and the year of its organization, cut or engraved thereon; but, unless otherwise required by the Trustees, the seal shall not be necessary to be placed on, and its absence shall not impair the validity of, any document, instrument or other paper executed and delivered by or on behalf of the Trust.

<u>Section 10. Execution of Papers</u> 

Except as the Trustees may generally or in particular cases authorize the execution thereof in some other manner, all deeds, leases, transfers, contracts, bonds, notes, checks, drafts and other obligations made, accepted or endorsed by the Trust shall be signed, and all transfers of securities standing in the name of the Trust shall be executed, by the president or by one of the vice presidents or by the treasurer or by whomsoever else shall be designated for that purpose by the vote of the Trustees and need not bear the seal of the Trust. [amended 9/15/92]

<u>Section 11. Fiscal Year</u> 

Except as from time to time otherwise provided by the Trustees, the fiscal year of the Trust shall end on December 31.

<u>Section 12. Amendments</u> 

These Bylaws may be amended or repealed, in whole or in part, by a majority of the Trustees then in office at any meeting of the Trustees, or by one or more writings signed by such a majority.

------

<u>Section 13. Forum Selection</u> 

The state and federal courts sitting within the Commonwealth of Massachusetts shall be the sole and exclusive forums for any shareholder (including a beneficial owner of shares) to bring (i) any action or proceeding brought on behalf of the Trust, (ii) any action asserting a claim for breach of a fiduciary duty owed by any Trustee, officer or employee, if any, of the Trust to the Trust or the Trust's shareholders, (iii) any action asserting a claim against the Trust, its Trustees, officers or employees, if any, arising pursuant to any provision of the Massachusetts Business Corporation Act, Massachusetts Uniform Trust Code or the Trust's Trust Instrument or bylaw; or (iv) any action asserting a claim against the Trust, its Trustees, officers or employees, if any, governed by the internal affairs doctrine. If any provision or provisions of this Section 13 shall be held to be invalid, illegal or unenforceable as applied to any person or entity or circumstance for any reason whatsoever, then, to the fullest extent permitted by law, the validity, legality and enforceability of such provisions in any other circumstance and of the remaining provisions of this Section 13 (including, without limitation, each portion of any sentence of this Section 13 containing any such provision held to be invalid, illegal or unenforceable that is not itself held to be invalid, illegal or unenforceable), and the application of such provision to other persons or entities and circumstances, shall not in any way be affected or impaired thereby.

<u>Section 14. Claims</u> 

As used herein, a "direct" shareholder claim shall refer to: (i) a claim based upon alleged violations of a shareholder's individual rights independent of any harm to the Trust, including a shareholder's voting rights under the Declaration of Trust, rights to receive a dividend payment as may be declared from time to time, rights to inspect books and records, or other similar rights personal to the shareholder and independent of any harm to the Trust; and (ii) a claim for which a direct shareholder action is expressly provided under the U.S. federal securities laws. Any other claim asserted by a shareholder, including without limitation any claims purporting to be brought on behalf of the Trust or involving any alleged harm to the Trust, shall be considered a "derivative" claim as used herein.

------

14.1 <u>Derivative Claims</u>. No shareholder shall have the right to bring or maintain any court action or other proceeding asserting a derivative claim or any claim asserted on behalf of the Trust or involving any alleged harm to the Trust without first making demand on the Trustees requesting the Trustees to bring or maintain such action, proceeding or claim. Such demand shall not be excused under any circumstances, including claims of alleged interest on the part of the Trustees, unless the shareholder makes a specific showing that irreparable nonmonetary injury to the Trust would otherwise result. Such demand shall be mailed to the Secretary of the Trust at the Trust's principal office and shall set forth with particularity the nature of the proposed court action, proceeding or claim and the essential facts relied upon by the shareholder to support the allegations made in the demand. The Trustees shall consider such demand within 90 days of its receipt by the Trust. In their sole discretion, the Trustees may submit the matter to a vote of shareholders of the Trust or series or class of shares, as appropriate. Any decision by the Trustees to bring, maintain or settle (or not to bring, maintain or settle) such court action, proceeding or claim, or to submit the matter to a vote of shareholders, shall be binding upon the shareholders.

14.2 <u>Direct Claims</u>. No shareholder shall have the right to bring or maintain a court action or other proceeding asserting a direct claim against the Trust, the Trustees or officers predicated upon an express or implied right of action under the Declaration of Trust or the U.S. federal securities laws (excepting direct shareholder actions expressly provided by the U.S. federal securities laws), unless the shareholder has obtained authorization from the Trustees to bring the action. The requirement of authorization shall not be excused under any circumstances, including claims of alleged interest on the part of the Trustees. A request for authorization shall be mailed to the Secretary of the Trust at the Trust's principal office and shall set forth with particularity the nature of the proposed court action, proceeding or claim and the essential facts relied upon by the shareholder to support the allegations made in the request. The Trustees shall consider such request within 90 days of its receipt by the Trust. In their sole discretion, the Trustees may submit the matter to a vote of shareholders of the Trust or series or class of shares, as appropriate. Any decision by the Trustees to settle or to authorize (or not to settle or to authorize) such court action, proceeding or claim, or to submit the matter to a vote of shareholders, shall be binding upon the shareholder seeking authorization.

## Ex-99.(D)(2)

**NOVATION OF MANAGEMENT AGREEMENT** 

COLUMBIA ACORN TRUST

COLUMBIA FUNDS VARIABLE SERIES TRUST

This Novation of Management Agreement is entered into this 7<sup>th</sup> day of July, 2025 by and among Columbia Wanger Asset Management, LLC ("CWAM"), a Delaware limited liability company, Columbia Management Investment Advisers, LLC ("CMIA"), a Minnesota limited liability company, Columbia Acorn Trust ("CAT") and Columbia Funds Variable Series Trust (formerly known as Wanger Advisors Trust) ("CFVST" and, together with CAT, the "Trusts"), each a Massachusetts business trust.

WHEREAS, the Trusts have retained CWAM to serve as the investment manager to the series of the Trusts (the "Funds") pursuant to a Management Agreement dated April 1, 2025, by and between CWAM and the Trusts (the "Agreement");

WHEREAS, CWAM and CMIA are each registered with the Securities and Exchange Commission as investment advisers under the Investment Advisers Act of 1940, as amended;

WHEREAS, CWAM, CMIA and the Trusts desire that CMIA be substituted for CWAM under the Agreement in a transaction that does not result in a change of actual control or management of the investment adviser to the Funds in accordance with Rule 2a-6 under the Investment Company Act of 1940, as amended (the "1940 Act"), and is therefore not an "assignment" for purposes of Section 15(a)(4) of the 1940 Act; and

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. **Novation and Acceptance.** Subject to the terms and conditions contained herein, CWAM hereby effects a novation of the Agreement to substitute CMIA for CWAM as a party to such agreement (the "Novation"), and the Trusts hereby consent to such Novation and the Trusts hereby release CWAM from all of its duties and obligations under the Agreement, and CMIA hereby accepts the Novation and hereby releases CWAM from all of its duties and obligations under the Agreement, and assumes all rights, duties and obligations of CWAM under the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. **Term.** The Novation shall become effective as of the date hereof and shall extend for so long as the terms specified in Section 5 of the Agreement are satisfied or until terminated in accordance with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. **No Termination.** The parties agree that the Novation shall not constitute an "assignment" of the Agreement for purposes of Section 5 of the Agreement or the 1940 Act, and that the Agreement, as so novated, shall remain in full force and effect after the Novation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. **Technical Amendment.** The parties agree that all references in the Agreement to CWAM shall hereby be changed to CMIA.

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This Novation Agreement may be executed in multiple counterparts and all counterparts so executed will constitute one and the same agreement binding on all of the parties.

A copy of each Trust's Agreement and Declaration of Trust is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the trustees of the Trusts as trustees and not individually and that the obligations of this instrument are not binding upon any of the trustees, officers or shareholders of the Funds individually but are binding only upon the assets and property of the Funds.

**[The remainder of this page has been intentionally left blank.]** 

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IN WITNESS WHEREOF, the parties hereto have caused this Novation of Management Agreement to be executed as of the day and year first above written.

---

| | |
|:---|:---|
| **Columbia Wanger Asset Management, LLC** | **Columbia Wanger Asset Management, LLC** |
| By: | /s/ Ryan C. Larrenaga |
| Name: | Ryan C. Larrenaga |
| Title: | Vice President and Assistant Secretary |
| **Columbia Management Investment Advisers, LLC** | **Columbia Management Investment Advisers, LLC** |
| By: | /s/ Ryan C. Larrenaga |
| Name: | Ryan C. Larrenaga |
| Title: | Vice President and Assistant Secretary |
| **Columbia Acorn Trust** | **Columbia Acorn Trust** |
| By: | /s/ Daniel J. Beckman |
| Name: | Daniel J. Beckman |
| Title: | Trustee and President |
| **Columbia Funds Variable Series Trust** | **Columbia Funds Variable Series Trust** |
| By: | /s/ Daniel J. Beckman |
| Name: | Daniel J. Beckman |
| Title: | Trustee and President |

---

## Ex-99.(H)(1)(I)

*TA Schedule – CFST, CFST I and CFST II* 

<u>SCHEDULE A</u> 

*Effective July 1, 2025* 

**Columbia Acorn Trust** 

Columbia Acorn Fund

Columbia Acorn International

Columbia Acorn International Select

Columbia Acorn European Fund

Columbia Thermostat Fund

**Columbia Credit Income Opportunities Fund** 

**Columbia Funds Series Trust** 

Columbia California Intermediate Municipal Bond Fund

Columbia Capital Allocation Moderate Aggressive Portfolio

Columbia Capital Allocation Moderate Conservative Portfolio

Columbia Convertible Securities Fund

Columbia Large Cap Enhanced Core Fund

Columbia Large Cap Growth Opportunity Fund

Columbia Large Cap Index Fund

Columbia Mid Cap Index Fund

Columbia Overseas Value Fund

Columbia Select Large Cap Equity Fund

Columbia Select Mid Cap Value Fund

Columbia Short Term Bond Fund

Columbia Short Duration Municipal Bond Fund

Columbia Small Cap Index Fund

Columbia Small Cap Value Fund II

**Columbia Funds Series Trust I** 

Columbia Adaptive Risk Allocation Fund

Columbia Balanced Fund

Columbia Bond Fund

Columbia Contrarian Core Fund

Columbia Corporate Income Fund

Columbia Dividend Income Fund

Columbia Emerging Markets Fund

Columbia Global Technology Growth Fund

Columbia Greater China Fund

Columbia High Yield Municipal Fund

Columbia Intermediate Duration Municipal Bond Fund

Columbia International Dividend Income Fund

Columbia Large Cap Growth Fund

Columbia Massachusetts Intermediate Municipal Bond Fund

Columbia Multi Strategy Alternatives Fund

Columbia New York Intermediate Municipal Bond Fund

Columbia Oregon Intermediate Municipal Bond Fund

Columbia Real Estate Equity Fund

Columbia Select Large Cap Growth Fund

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*TA Schedule – CFST, CFST I and CFST II*

Columbia Select Mid Cap Growth Fund

Columbia Small Cap Growth Fund

Columbia Small Cap Value Fund I

Columbia Strategic California Municipal Income Fund

Columbia Strategic Income Fund

Columbia Strategic New York Municipal Income Fund

Columbia Tax-Exempt Fund

Columbia Total Return Bond Fund

Columbia U.S. Treasury Index Fund

Columbia Ultra Short Term Bond Fund

Multi-Manager Alternative Strategies Fund

Multi-Manager Directional Alternatives Strategies Fund

Multi-Manager Growth Strategies Fund

Multi-Manager International Equity Strategies Fund

Multi-Manager Small Cap Equity Strategies Fund

Multi-Manager Total Return Bond Strategies Fund

Multisector Bond SMA Completion Portfolio

Overseas SMA Completion Portfolio

**Columbia Funds Series Trust II** 

Columbia Capital Allocation Aggressive Portfolio

Columbia Capital Allocation Conservative Portfolio

Columbia Capital Allocation Moderate Portfolio

Columbia Commodity Strategy Fund

Columbia Disciplined Core Fund

Columbia Disciplined Growth Fund

Columbia Disciplined Value Fund

Columbia Dividend Opportunity Fund<sup>1</sup>

Columbia Emerging Markets Bond Fund<sup>1</sup>

Columbia Flexible Capital Income Fund<sup>1</sup>

Columbia Floating Rate Fund

Columbia Global Opportunities Fund

Columbia Global Value Fund

Columbia Government Money Market Fund

Columbia High Yield Bond Fund

Columbia Income Builder Fund

Columbia Income Opportunities Fund

Columbia Integrated Large Cap Growth Fund

Columbia Integrated Large Cap Value Fund

Columbia Integrated Small Cap Growth Fund

Columbia Large Cap Value Fund

Columbia Limited Duration Credit Fund

Columbia Minnesota Tax-Exempt Fund

Columbia Mortgage Opportunities Fund

Columbia Overseas Core Fund

Columbia Pyrford International Stock Fund

Columbia Quality Income Fund

Columbia Select Global Equity Fund

Columbia Select Large Cap Value Fund

Columbia Select Small Cap Value Fund

Columbia Seligman Global Technology Fund

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*TA Schedule – CFST, CFST I and CFST II*

Columbia Seligman Technology and Information Fund

Columbia Short-Term Cash Fund

Columbia Strategic Municipal Income Fund

Columbia Ultra Short Duration Municipal Bond Fund

Multi-Manager Value Strategies Fund

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*TA Schedule – CFST, CFST I and CFST II*

SCHEDULE B

*Effective July 1, 2025* 

Payments under the Agreement are payable to CMISC monthly.

Transfer agency costs are calculated separately for each of (i) Institutional 3 (Inst3) Class shares, (ii) Institutional 2 (Inst 2) Class shares, (iii) Class S shares, and (iv) all other classes of shares, with Interval Fund share classes accorded separate treatment from that of Columbia mutual fund share classes with the same share class name.

Each Fund shall pay to CMISC for the services to be provided by CMISC under the Agreement an amount equal to the sum of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) (i) Base transfer agency fee (excluding any Columbia interval Fund (Interval Funds) paid monthly of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. an annual per account fee equal to the Direct Account Fee for accounts established directly with the Fund
(direct accounts); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. an annual rate equal to the Intermediary Controlled Account Rate on the daily value of accounts of
intermediaries established with the Fund, including accounts established or maintained pursuant to the National Securities Clearing Corporation's networking system (network accounts and, together with omnibus accounts, intermediary controlled
accounts); PLUS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Base transfer agency fee for Interval Funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Direct pass through of SS&C GIDS, Inc. (SS&C) costs from Interval Fund invoices received from SS&C
under a services agreement by and among SS&C and CMISC (the SS&C-CMISC Services Agreement)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Rate associated with the allocation of a portion of the CMISC oversight and overhead costs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Fund's Allocated Share of CMISC Reimbursable Out-of-Pocket Expenses; PLUS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sub-transfer agency fees (generally intended to offset amounts paid by
CMISC to intermediaries for services they provide), subject to the limits set forth below

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *For all classes other than Inst2 or Inst 3:* the amount charged by an intermediary up to the following sub-transfer agency fee limits, which vary among distribution channels as follows:

------

*TA Schedule – CFST, CFST I and CFST II*

---

| | |
|:---|:---|
| **Distribution Channel** | **Sub-Transfer Agency Fee Limit** |
| Retirement Channel – Intermediary platforms that primarily service retirement accounts, including accounts of retirement plans qualified under sections 401(a), 401(k), 457 or 403(b) of the Internal Revenue Code of 1986, as amended (the Code), non-qualified deferred compensation plans governed by section 409A of the Code and individual retirement plans | (i) 0.25% of Fund assets held by Retirement Channel intermediaries or platforms charging an asset-based fee or (ii) $20 per account held by Retirement Channel intermediaries charging a per account fee |
| Supermarket Transaction Fee (TF) Channel – Accounts in mutual fund platforms of the type commonly referred to as "fund supermarkets" that charge participants a transaction fee | (i) 0.12% of Fund assets held by Supermarket TF Channel intermediaries or platforms charging an asset-based fee or (ii) $20 per Supermarket TF Account held for intermediaries charging a per account fee |
| Supermarket No-Transaction Fee (NTF) Channel – Accounts in mutual fund platforms of the type commonly referred to as "fund supermarkets" that do not charge participants a transaction fee | (i) 0.25% of Fund assets held by Supermarket NTF Channel intermediaries or platforms charging an asset based fee or (ii) $20 per account held by Supermarket NTF Channel intermediaries or platforms charging a per account fee |
| Bank Channel – Accounts maintained by banks offering financial and banking services to high net worth clients (commonly referred to as private bank accounts) | (i) 0.20% of Fund assets held by Private Bank Channel intermediaries or platforms or (ii) $20 per account held by Bank Channel intermediaries or platforms charging a per account fee |
| Section 529 Plan Assets – Accounts of portfolios of college saving plans authorized under section 529 of the Code (commonly referred to as Section 529 plans) (529 Plan Accounts) | 0.20% on Fund assets held in 529 Plan Accounts |
| Broker-Dealer Channel – Intermediary platforms offering mutual funds in brokerage accounts or through advisory programs, including independent, regional and wirehouses firms | (i) 0.15% of Fund assets held by Broker-Dealer Channel intermediaries or platforms charging an asset-based fee or (ii) $20 per account held by Broker-Dealer Channel intermediaries or platforms charging a per account fee |
| Insurance Channel – Insurance companies offering mutual funds in retirement/recordkeeping-type platforms, products and accounts. | (i) 0.25% of Fund assets held by Insurance Channel intermediaries on platforms charging an asset-based fee or (ii) $20 per account held by Insurance Channel intermediaries or platforms charging a per account fee |

---

The sub-transfer agency fee limit is applied by intermediary (or by platforms within an intermediary, where applicable), by Fund and by share class and not in the aggregate by distribution channel. For avoidance of doubt, per account limits applicable to certain channels are applied at the level of the underlying accounts serviced by the intermediary, not at the level of the omnibus account maintained by CMISC.

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*TA Schedule – CFST, CFST I and CFST II*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *For Inst2 Class shares:* 0.05% of the average aggregate value of the Fund's
shares maintained in omnibus accounts (subject to paragraph (b) below).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *For Inst3 Class shares:* Inst3 Class shares do not pay sub-transfer agency fees set forth in paragraph (a)(iii).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) For Inst2 Class shares, the annual rate for the fees set forth in paragraphs (a)(i) – (a)(iii)(2)
shall not exceed 0.070%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) For Inst3 Class shares, the annual rate for the fees set forth in paragraphs (a)(i) – (a)(ii) shall
not exceed 0.020%.

In addition, CMISC shall be entitled to retain as additional compensation/reimbursement for its services all CMISC revenues for fees for wire, telephone, and redemption orders, IRA trustee agent fees and account transcripts due CMISC from shareholders of the Fund and interest (net of bank charges) earned with respect to balances in the accounts referred to in paragraph 2 of the Agreement. All determinations hereunder shall be in accordance with generally accepted accounting principles and subject to audit by the Funds' independent accountants.

<u>Definitions</u> 

"<u>Allocated Share</u>" for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading "Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses."

"<u>CMISC Reimbursable Out-of-Pocket Expenses</u>" means (i) networking account fees paid to dealer firms by CMISC on shareholder accounts established or maintained pursuant to the National Securities Clearing Corporation's networking system, subject to a maximum annual rate of up to 0.20% of the month end value of the Fund's shares maintained in networked accounts of each dealer firm, and (ii) out-of-pocket expenses incurred on behalf of the Funds by CMISC for stationery, forms, postage and similar items and those expenses identified as "Out-of-Pocket Expenses" below.

"<u>Direct Account Fee</u>" means $31.50 for the period from July 1, 2025 through June 30, 2026, and such other amount as may be set annually based on actual costs incurred by CMIS in servicing direct accounts (including an agreed-upon margin).

"<u>Intermediary Controlled Account Rate</u>" means 0.0039% for the period from July 1, 2025 through June 30, 2026 and thereafter shall be the rate equal to (x) the amount approved or ratified by the Board to approximate the projected expenses of servicing intermediary controlled accounts (including an agreed-upon margin), divided by (y) the net assets of intermediary controlled accounts invested in funds within the Columbia Fund complex for which CMISC serves as transfer agent (excluding any variable portfolio funds). For any given month, CMISC shall calculate the Intermediary Controlled Account Rate based

------

*TA Schedule – CFST, CFST I and CFST II*

on net assets of applicable Columbia Funds as of the 15<sup>th</sup> day of the month preceding such month (or the next succeeding business day if the 15<sup>th</sup> day of the preceding month is not a business day). For example, the Intermediary Controlled Account Rate effective September 1, 2025 shall be calculated based on net assets as of August 15, 2025.

"Direct SS&C Charges" means the actual charges from SS&C for servicing an Interval Fund per the SS&C-CMISC Services Agreement as it pertains to Interval Fund services.

"Interval Fund Rate" means the allocation of a portion of CMIS oversight and overhead costs based on the assets under management of the Interval Funds as compared to the assets under management of all Funds under the SS&C-CMISC Services Agreement. The allocation will be reset monthly similar to the Intermediary Controlled Account Rate.

"<u>Out-of-Pocket Expenses</u>" also include, but are not limited to, the following items:

\* Printing, storage and programming costs associated with, but not limited to envelopes, checks, confirmations and stationery

\* Postage bulk, pre-sort, ZIP+4, barcoding, first class

\* Telephone and telecommunication costs, including all lease, maintenance and line costs

\* Proxy solicitations, mailings and tabulations

\* Daily & Distributions advice mailings

\* Implementing, monitoring or processing any Stop Orders

\* Shipping, Certified and Overnight mail and insurance

\* Year-end forms and mailings

\* Duplicating services

\* Courier services

\* National Securities Clearing Corporation charges related to fund transactions

\* Record retention costs including but not limited to the storage, movement, destruction, retrieval and handling charges

\* Data processing and storage for anti-market timing omnibus monitoring

\* Creation and maintenance of on-line records including reports, shareholder and dealer statements, year-end forms, and regulatory mailings

\* Third party quality control assessments

\* Compliance items including, but not limited to, lost shareholder review, lost certificate filings and compliance programs

\* Electronic website linkages to third party account management applications

\* Regulatory mailings inclusive of costs related to electronic delivery of such documents.

\* At the request, or with the consent of the Trust, such other miscellaneous expenses reasonably incurred by CMISC in performing its duties and responsibilities under this Agreement.

------

*TA Schedule – CFST, CFST I and CFST II*

The Funds agree that postage and mailing expenses will be paid on the day of or prior to mailing as agreed with CMISC. In addition, the Funds will promptly reimburse CMISC for any other unscheduled expenses incurred by CMISC whenever the Funds and CMISC mutually agree that such expenses are not otherwise properly borne by CMISC as part of its duties under the Agreement.

------

*TA Schedule – CFST, CFST I and CFST II*

<u>Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses</u> 

CMISC Reimbursable Out-of-Pocket Expenses are allocated to the Funds as follows:

---

| | | |
|:---|:---|:---|
| A. | Identifiable | Based on actual services performed and invoiced to a Fund. |
| B. | Unidentifiable | Allocation will be based on three evenly weighted factors.<br>- number of shareholder accounts<br>- Number of transactions<br>- Average net assets |

---

------

*TA Schedule – CFST, CFST I and CFST II*

IN WITNESS WHEREOF, the parties hereto have caused the forgoing Schedule A and Schedule B to be duly executed as of June 26, 2025.

---

| | |
|:---|:---|
| **COLUMBIA ACORN TRUST** | **COLUMBIA ACORN TRUST** |
| **COLUMBIA FUNDS SERIES TRUST** | **COLUMBIA FUNDS SERIES TRUST** |
| **COLUMBIA FUNDS SERIES TRUST I** | **COLUMBIA FUNDS SERIES TRUST I** |
| **COLUMBIA FUNDS SERIES TRUST II** | **COLUMBIA FUNDS SERIES TRUST II** |
| **COLUMBIA CREDIT INCOME OPPORTUNITIES FUND,** | **COLUMBIA CREDIT INCOME OPPORTUNITIES FUND,** |
| on behalf of their respective series listed on Schedule A | on behalf of their respective series listed on Schedule A |
| By: | /s/ Daniel J. Beckman |
| Name: | Daniel J. Beckman |
| Title: | President |
| **COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.** | **COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.** |
| By: | /s/ Veronica Seaman |
| Name: | Veronica Seaman |
| Title: | President |

---

## Ex-99.(H)(2)

**AMENDED AND RESTATED** 

**FEE WAIVER AND EXPENSE CAP AGREEMENT** 

This Amended and Restated Fee Waiver and Expense Cap Agreement, dated as of July 1, 2025 (as may be amended, modified, supplemented and in effect from time to time (the "Agreement"), is by and among each of the investment companies (each a "Registrant"), on behalf of its underlying series funds, as listed in Schedule A (the term "Fund" is used to refer to either the Registrant or the series, as the context requires), and each of Columbia Management Investment Advisers, LLC ("CMIA"), a Minnesota limited liability company, Columbia Management Investment Distributors, Inc. ("CMID"), a Delaware corporation, and Columbia Management Investment Services Corp. ("CMISC"), a Minnesota corporation, (CMIA, CMID, and CMISC are collectively referred to as the "Service Providers").

WHEREAS, the Registrants are each open-end investment companies registered under the Investment Company Act of 1940, as amended; and

WHEREAS, Columbia Acorn Trust and Columbia Funds Variable Series Trust (formerly known as Wanger Advisors Trust) became parties to the Agreement as of April 1, 2025; and

WHEREAS, Columbia Wanger Asset Management, LLC that became a party to this Agreement as of April 1, 2025, is no longer a party to this Agreement as of the date above written; and

WHEREAS, Columbia Credit Income Opportunities Fund became a party to the Agreement as of April 1, 2025; and

WHEREAS, pursuant to separate agreements (i) CMIA, an investment adviser registered under the Investment Advisers Act of 1940, serves as investment adviser and administrator to each of the Funds, (ii) CMID serves as distributor and shareholder servicing agent to the Funds, and (iii) CMISC serves as transfer agent to the Funds; and

NOW, THEREFORE, in consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt whereof is hereby acknowledged, the parties hereto agree that as of the date hereof the Agreement shall be amended and restated in its entirety as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1. Fee Waivers.** The parties hereby agree that the Service Providers shall waive fees (each a Fee Waiver) payable to them under their separate agreements with the Funds to the extent reflected for each Fund, as agreed to by the applicable Service Provider(s) and the Board and reflected in the minutes of Board meetings. In addition, unless an acquiring Fund has a Management Fee schedule that expressly contemplates investment in Affiliated Underlying Funds (as identified on Schedule A), CMIA agrees to waive its Management Fee with respect to the acquiring Fund for each day in an amount equal to the product of (a) the net assets of the acquiring Fund

------

invested in the Affiliated Underlying Fund and (b) the Management Fee rate payable by the Affiliated Underlying Fund to CMIA (or an affiliated investment adviser) less any waiver or reimbursement applicable to the share class held by the acquiring Fund (expressed as a percentage of daily net assets attributable to such class) divided by the number of days in the year. For these purposes, the acquiring Fund's net assets will be the net assets from the prior business day and the effective Management Fee rate and waiver/reimbursement rate will be updated monthly using the Affiliated Underlying Fund's fiscal year to date as of each month-end expense ratios (annualized).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2. Expense Cap Setting Methodology.** Unless otherwise agreed to by the parties, each Fund shall be subject to a fee cap (each a Fee Cap) such that the ratio of Covered Expenses (defined below) to net assets of the Fund's Class A shares (or such other class as may be agreed by the parties) (the Specified Class) for a defined period agreed to by the parties (a Covered Period) shall not exceed the median expense ratio of the Fund's peer universe for such Specified Class, as reported by Lipper, Inc. as of a date agreed to by the parties (the Median Ratio) (or such lower or higher expense ratio as may be agreed by the parties) and also such that the ratio of Covered Expenses to net assets of the Fund's other classes shall not exceed the amounts set by reference to the Median Ratio pursuant to a methodology mutually agreed upon by the parties. Further, unless otherwise agreed to by the parties, no Fee Cap shall be required for a Fund for any Covered Period if the ratio of Covered Expenses to net assets of the Specified Class for the last fiscal year was less than the Median Ratio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3. Limitation of Total Operating Expense Ratios.** The parties hereby agree that the Service Providers shall waive any fees payable to them under their separate agreements with the Funds or reimburse other expenses of the Funds to the extent necessary to ensure that the ratio of Covered Expenses to net assets of each class of shares of a Fund does not exceed the Fee Cap for such class for the Covered Period, as agreed to by the applicable Service Provider(s) and the Board and reflected in the minutes of the Board meetings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4. Covered Expenses**. "Covered Expenses" include all expenses incurred directly by a Fund that are required to be included as an expense in a Fund's Form N-1A Fee Table, but exclude expenses set forth for each Fund in Schedule A attached hereto. Covered Expenses shall reflect the application of any balance credits made available by the Funds' custodian and any custodial charges relating to overdrafts, as well as any fee waivers and/or reimbursements pursuant to Section 3 hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5. Allocation of Fee Waivers or Expense Reimbursements.** Except where otherwise required by applicable law, fee waivers or expense reimbursements shall be allocated among the Service Providers in their discretion. In all instances, fee waivers and expense reimbursements shall be made in a manner that is not inconsistent with the Fund's multi-class plan.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6. Term and Termination**. Except as noted above or otherwise agreed to by the parties, a Fee Cap for each class of each Fund for a Covered Period of one year from the expiration of the previous Covered Period shall be established under this Agreement in the manner set forth above (i.e., by reference to the Median Ratio). The Fee Waivers and Fee Caps shall, unless earlier terminated by the Board of a Fund in its sole discretion, expire on the date agreed to by the applicable Service Provider(s) and Board as reflected in the minutes of Board meetings. The Fee Waivers and Fee Caps may be adjusted from time to time by the mutual agreement of the parties. Either party may terminate the Agreement with respect to a Fund upon 60 days' notice to the relevant Board, to take effect upon the expiration of the then-effective Covered Period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7. Entire Agreement; Modification; Amendment**. This Agreement constitutes the entire agreement of the parties with respect to its subject matter. Each provision herein shall be treated as separate and independent from any other provision or agreement herein and shall be enforceable notwithstanding the enforceability of any such other provision or agreement. In addition, each provision herein shall be treated as separate and independent with respect to each Fund and shall be treated as separate and independent from such provision or agreement with respect to each of the other Funds. No modification or amendment of this Agreement shall be binding unless in writing and executed by the parties affected thereby.

[Signature Page Follows]

------

IN WITNESS WHEREOF, the parties hereto have caused the forgoing Agreement as of July 1, 2025.

---

| | |
|:---|:---|
| **COLUMBIA ACORN TRUST** | **COLUMBIA ACORN TRUST** |
| **COLUMBIA CREDIT INCOME OPPORTUNITIES FUND** | **COLUMBIA CREDIT INCOME OPPORTUNITIES FUND** |
| **COLUMBIA FUNDS SERIES TRUST** | **COLUMBIA FUNDS SERIES TRUST** |
| **COLUMBIA FUNDS SERIES TRUST I** | **COLUMBIA FUNDS SERIES TRUST I** |
| **COLUMBIA FUNDS SERIES TRUST II** | **COLUMBIA FUNDS SERIES TRUST II** |
| **COLUMBIA FUNDS VARIABLE INSURANCE TRUST** | **COLUMBIA FUNDS VARIABLE INSURANCE TRUST** |
| **COLUMBIA FUNDS VARIABLE SERIES TRUST** | **COLUMBIA FUNDS VARIABLE SERIES TRUST** |
| **COLUMBIA FUNDS VARIABLE SERIES TRUST II** | **COLUMBIA FUNDS VARIABLE SERIES TRUST II** |
| Each for itself and on behalf of its respective series listed on this Schedule A | Each for itself and on behalf of its respective series listed on this Schedule A |
| By: | /s/ Daniel J. Beckman |
| Name: | Daniel J. Beckman |
| Title: | President |
| **COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC** | **COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC** |
| By: | /s/ Michael G. Clarke |
| Name: | Michael G. Clarke |
| Title: | Senior Vice President and North America |
|  | Head of Operations & Investor Services |
| **COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.** | **COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.** |
| By: | /s/ Marc Zeitoun |
| Name: | Marc Zeitoun |
| Title: | Vice President and Head of North America Product |
| **COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.** | **COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.** |
| By: | /s/ Veronica Seaman |
| Name: | Veronica Seaman |
| Title: | President |

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## Ex-99.(H)(2)(I)

*Fee Waiver Schedule* 

**SCHEDULE A** 

**As of July 1, 2025** 

**Columbia Acorn Trust** 

Columbia Acorn<sup>1</sup>

Columbia Acorn International<sup>1</sup>

Columbia Acorn International Select<sup>1</sup>

Columbia European Fund<sup>1</sup>

Columbia Thermostat Fund<sup>1</sup>

**Columbia Credit Income Opportunities Fund<sup>1</sup>** 

**Columbia Funds Series Trust** 

Columbia California Intermediate Municipal Bond Fund<sup>1</sup>

Columbia Capital Allocation Moderate Aggressive Portfolio<sup>2,6</sup>

Columbia Capital Allocation Moderate Conservative Portfolio<sup>2,6</sup>

Columbia Convertible Securities Fund<sup>1</sup>

Columbia Large Cap Growth Opportunity Fund<sup>1</sup>

Columbia Large Cap Enhanced Core Fund<sup>1</sup>

Columbia Large Cap Index Fund<sup>1</sup>

Columbia Mid Cap Index Fund<sup>1</sup>

Columbia Overseas Value Fund<sup>1</sup>

Columbia Select Large Cap Equity Fund<sup>1</sup>

Columbia Select Mid Cap Value Fund<sup>1</sup>

Columbia Short Duration Municipal Bond Fund<sup>1</sup>

Columbia Short Term Bond Fund<sup>1</sup>

Columbia Small Cap Index Fund<sup>1</sup>

Columbia Small Cap Value Fund II<sup>1</sup>

**Columbia Funds Series Trust I** 

Columbia Adaptive Risk Allocation Fund<sup>3</sup>

Columbia Balanced Fund<sup>1</sup>

Columbia Bond Fund<sup>1</sup>

Columbia Contrarian Core Fund<sup>1</sup>

Columbia Corporate Income Fund<sup>1</sup>

Columbia Dividend Income Fund<sup>1</sup>

Columbia Emerging Markets Fund<sup>1</sup>

Columbia Global Technology Growth Fund<sup>1</sup>

Columbia Greater China Fund<sup>1</sup>

Columbia High Yield Municipal Fund<sup>1</sup>

Columbia Intermediate Duration Municipal Bond Fund<sup>1</sup>

Columbia International Dividend Income Fund<sup>1</sup>

Columbia Large Cap Growth Fund<sup>1</sup>

Columbia Massachusetts Intermediate Municipal Bond Fund<sup>1</sup>

Columbia Multi Strategy Alternatives Fund<sup>1</sup>

Columbia New York Intermediate Municipal Bond Fund<sup>1</sup>

Columbia Oregon Intermediate Municipal Bond Fund<sup>1</sup>

Columbia Real Estate Equity Fund<sup>1</sup>

Columbia Select Large Cap Growth Fund<sup>1</sup>

Columbia Select Mid Cap Growth Fund<sup>1</sup>

Columbia Small Cap Growth Fund<sup>1</sup>

Columbia Small Cap Value Fund I<sup>1</sup>

Columbia Strategic California Municipal Income Fund<sup>1</sup>

Columbia Strategic Income Fund<sup>1</sup>

Columbia Strategic New York Municipal Income Fund<sup>1</sup>

Columbia Tax-Exempt Fund<sup>1</sup>

Columbia Total Return Bond Fund<sup>4</sup>

Columbia U.S. Treasury Index Fund<sup>1</sup>

Columbia Ultra Short Term Bond Fund<sup>1</sup>

Multi-Manager Alternative Strategies Fund<sup>1</sup>

Multi-Manager Directional Alternatives Strategies Fund<sup>1</sup> 

Multi-Manager Growth Strategies Fund<sup>1</sup> 

Multi-Manager International Equity Strategies Fund<sup>1</sup>

Multi-Manager Large Cap Growth Strategies Fund<sup>1</sup>

Multi-Manager Small Cap Equity Strategies Fund<sup>1</sup>

Multi-Manager Total Return Bond Strategies Fund<sup>1</sup>

Multisector Bond SMA Completion Portfolio<sup>5</sup>

Overseas SMA Completion Portfolio<sup>5</sup>

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*Fee Waiver Schedule*

**Columbia Funds Series Trust II** 

Columbia Capital Allocation Aggressive Portfolio<sup>2,6</sup>

Columbia Capital Allocation Conservative Portfolio<sup>2,6</sup>

Columbia Capital Allocation Moderate Portfolio<sup>2,6</sup>

Columbia Commodity Strategy Fund<sup>1</sup>

Columbia Disciplined Core Fund<sup>1</sup>

Columbia Disciplined Growth Fund<sup>1</sup>

Columbia Disciplined Value Fund<sup>1</sup>

Columbia Dividend Opportunity Fund<sup>1</sup>

Columbia Emerging Markets Bond Fund<sup>1</sup>

Columbia Flexible Capital Income Fund<sup>1</sup>

Columbia Floating Rate Fund<sup>1</sup>

Columbia Global Opportunities Fund<sup>1,6</sup>

Columbia Global Value Fund<sup>1</sup>

Columbia Government Money Market Fund<sup>1</sup>

Columbia High Yield Bond Fund<sup>1</sup>

Columbia Income Builder Fund<sup>1,6</sup>

Columbia Income Opportunities Fund<sup>1</sup>

Columbia Integrated Large Cap Growth Fund<sup>1</sup>

Columbia Integrated Large Cap Value Fund<sup>1</sup>

Columbia Integrated Small Cap Growth Fund<sup>1</sup>

Columbia Large Cap Value Fund<sup>1</sup>

Columbia Limited Duration Credit Fund<sup>1</sup>

Columbia Minnesota Tax-Exempt Fund<sup>1</sup>

Columbia Mortgage Opportunities Fund<sup>1</sup>

Columbia Overseas Core Fund<sup>1</sup>

Columbia Pyrford International Stock Fund<sup>1</sup>

Columbia Quality Income Fund<sup>1</sup>

Columbia Select Global Equity Fund<sup>1</sup>

Columbia Select Large Cap Value Fund<sup>1</sup>

Columbia Select Small Cap Value Fund<sup>1</sup>

Columbia Seligman Global Technology Fund<sup>1</sup>

Columbia Seligman Technology and Information Fund<sup>1</sup>

Columbia Short-Term Cash Fund<sup>1</sup>

Columbia Strategic Municipal Income Fund<sup>1</sup>

Columbia Ultra Short Duration Municipal Bond Fund<sup>1</sup>

Multi-Manager Value Strategies Fund<sup>1</sup>

**Columbia Funds Variable Insurance Trust** 

Columbia Variable Portfolio – Contrarian Core Fund<sup>1</sup>

Columbia Variable Portfolio – Long Government/Credit Bond Fund<sup>1</sup>

Columbia Variable Portfolio – Small Cap Value Fund<sup>1</sup>

Columbia Variable Portfolio – Small Company Growth Fund<sup>1</sup>

Columbia Variable Portfolio – Strategic Income Fund<sup>1</sup>

Variable Portfolio – Managed Risk Fund<sup>3,6</sup>

Variable Portfolio – Managed Risk U.S. Fund<sup>3,6</sup>

Variable Portfolio – Managed Volatility Conservative Fund<sup>3,6</sup>

Variable Portfolio – Managed Volatility Conservative Growth Fund<sup>3,6</sup>

Variable Portfolio – Managed Volatility Growth Fund<sup>3,6</sup>

Variable Portfolio – U.S. Flexible Conservative Growth Fund<sup>3,6</sup>

Variable Portfolio – U.S. Flexible Growth Fund<sup>3,6</sup>

Variable Portfolio – U.S. Flexible Moderate Growth Fund<sup>3,6</sup>

**Columbia Funds Variable Series Trust** 

Columbia Variable Portfolio - Acorn Fund<sup>1</sup>

Columbia Variable Portfolio - Acorn International Fund<sup>1</sup>

**Columbia Funds Variable Series Trust II** 

Columbia Variable Portfolio – Balanced Fund<sup>1</sup>

Columbia Variable Portfolio – Commodity Strategy Fund<sup>1</sup>

Columbia Variable Portfolio – Core Equity Fund<sup>1</sup>

Columbia Variable Portfolio – Corporate Bond Fund<sup>1</sup>

Columbia Variable Portfolio – Disciplined Core Fund<sup>1</sup>

Columbia Variable Portfolio – Dividend Opportunity Fund<sup>1</sup>

Columbia Variable Portfolio – Emerging Markets Bond Fund<sup>1</sup>

Columbia Variable Portfolio – Emerging Markets Fund<sup>1</sup>

Columbia Variable Portfolio – Government Money Market Fund<sup>1</sup>

Columbia Variable Portfolio – High Yield Bond Fund<sup>1</sup>

Columbia Variable Portfolio – Income Opportunities Fund<sup>1</sup>

Columbia Variable Portfolio – Intermediate Bond Fund<sup>1</sup>

------

*Fee Waiver Schedule*

Columbia Variable Portfolio – Large Cap Growth Fund<sup>1</sup>

Columbia Variable Portfolio – Large Cap Index Fund<sup>1</sup>

Columbia Variable Portfolio – Limited Duration Credit Fund<sup>1</sup>

Columbia Variable Portfolio – Overseas Core Fund<sup>1</sup>

Columbia Variable Portfolio – Select Large Cap Equity Fund<sup>1</sup>

Columbia Variable Portfolio – Select Large Cap Value Fund<sup>1</sup>

Columbia Variable Portfolio – Select Mid Cap Growth Fund<sup>1</sup>

Columbia Variable Portfolio – Select Mid Cap Value Fund<sup>1</sup>

Columbia Variable Portfolio – Select Small Cap Value Fund<sup>1</sup>

Columbia Variable Portfolio – Seligman Global Technology Fund<sup>1</sup>

Columbia Variable Portfolio – U.S. Government Mortgage Fund<sup>1</sup>

CTIVP<sup>®</sup> – American Century Diversified Bond Fund<sup>1</sup>

CTIVP<sup>®</sup> – BlackRock Global Inflation-Protected Securities Fund<sup>1</sup>

CTIVP<sup>®</sup> – CenterSquare Real Estate Fund<sup>1</sup>

CTIVP<sup>®</sup> – Principal Large Cap Growth Fund<sup>1</sup>

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund<sup>1</sup>

CTIVP<sup>®</sup> – TCW Core Plus Bond Fund<sup>1</sup>

CTIVP<sup>®</sup> – Victory Sycamore Established Value Fund<sup>1</sup>

CTIVP<sup>®</sup> – Wellington Large Cap Value Fund<sup>1</sup>

CTIVP<sup>®</sup> – Westfield Mid Cap Growth Fund<sup>1</sup>

CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund<sup>1</sup>

Variable Portfolio – Aggressive Portfolio<sup>1</sup>

Variable Portfolio – Conservative Portfolio<sup>1</sup>

Variable Portfolio – Managed Volatility Moderate Growth Fund<sup>3,6</sup>

Variable Portfolio – Moderate Portfolio<sup>1,6</sup>

Variable Portfolio – Moderately Aggressive Portfolio<sup>1,6</sup>

Variable Portfolio – Moderately Conservative Portfolio<sup>1,6</sup>

Variable Portfolio – Partners Core Bond Fund<sup>1</sup>

Variable Portfolio – Partners Core Equity Fund<sup>1</sup>

Variable Portfolio – Partners International Core Equity Fund<sup>1</sup>

Variable Portfolio – Partners International Growth Fund<sup>1</sup>

Variable Portfolio – Partners International Value Fund<sup>1</sup>

Variable Portfolio – Partners Small Cap Growth Fund<sup>1</sup>

Variable Portfolio – Partners Small Cap Value Fund<sup>1</sup>

<sup>1</sup> The following fees and expenses are excluded from the Fund's operating expenses when calculating the waiver/reimbursement commitment, and therefore will be paid by the Fund, if applicable: taxes (including foreign transaction taxes), expenses associated with investment in affiliated and non-affiliated pooled investment vehicles (including mutual funds and exchange-traded funds), transaction costs and brokerage commissions, costs related to any securities lending program, dividend expenses associated with securities sold short, inverse floater program fees and expenses, transaction charges and interest on borrowed money, interest, costs associated with shareholder meetings, infrequent and/or unusual expenses and any other expenses the exclusion of which is specifically approved by the Fund's Board. 

<sup>2</sup> The following fees and expenses are excluded from the Fund's operating expenses when calculating the waiver/reimbursement commitment, and therefore will be paid by the Fund, if applicable: management service fee, taxes (including foreign transaction taxes), expenses associated with investment in affiliated and non-affiliated pooled investment vehicles (including mutual funds and exchange-traded funds), transaction costs and brokerage commissions, costs related to any securities lending program, dividend expenses associated with securities sold short, inverse floater program fees and expenses, transaction charges and interest on borrowed money, interest, costs associated with shareholder meetings, infrequent and/or unusual expenses and any other expenses the exclusion of which is specifically approved by the Fund's Board. 

<sup>3</sup> The following fees and expenses are excluded from the Fund's operating expenses when calculating the waiver/reimbursement commitment, and therefore will be paid by the Fund, if applicable: taxes (including foreign transaction taxes), transaction costs and brokerage commissions, costs related to any securities lending program, dividend expenses associated with securities sold short, inverse floater program fees and expenses, transaction charges and interest on borrowed money, interest, costs associated with shareholder meetings, infrequent and/or unusual expenses and any other expenses the exclusion of which is specifically approved by the Fund's Board. 

<sup>4</sup> The following fees and expenses are excluded from the Fund's operating expenses when calculating the waiver/reimbursement commitment, and therefore will be paid by the Fund, if applicable: taxes (including foreign transaction taxes), expenses associated with investment in affiliated and non-affiliated pooled investment vehicles (including mutual funds and exchange-traded funds), transaction costs and brokerage commissions, costs related to any securities lending program, dividend expenses associated with securities sold short, inverse floater program fees and expenses, transaction charges and interest on borrowed money, costs associated with shareholder meetings, infrequent and/or unusual expenses and any other expenses the exclusion of which is specifically approved by the Fund's Board. 

<sup>5</sup> The following fees and expenses are excluded from the Fund's operating expenses when calculating the waiver/reimbursement commitment, and therefore will be paid by the Fund, if applicable: taxes (including foreign transaction taxes), transaction costs and brokerage commissions, costs related to any securities lending program, dividend expenses associated with securities sold short, inverse floater program fees and expenses, transaction charges and interest on borrowed money, costs associated with shareholder meetings, infrequent and/or unusual expenses and any other expenses the exclusion of which is specifically approved by the Fund's Board. 

<sup>6</sup> Fund has a Management Fee schedule that explicitly contemplates investment in Affiliated Underlying Funds.

------

*Fee Waiver Schedule*

IN WITNESS THEREOF, the parties hereto have executed the foregoing Schedule A as of July 1, 2025

---

| | |
|:---|:---|
| **COLUMBIA ACORN TRUST** | **COLUMBIA ACORN TRUST** |
| **COLUMBIA CREDIT INCOME OPPORTUNITIES FUND** | **COLUMBIA CREDIT INCOME OPPORTUNITIES FUND** |
| **COLUMBIA FUNDS SERIES TRUST** | **COLUMBIA FUNDS SERIES TRUST** |
| **COLUMBIA FUNDS SERIES TRUST I** | **COLUMBIA FUNDS SERIES TRUST I** |
| **COLUMBIA FUNDS SERIES TRUST II** | **COLUMBIA FUNDS SERIES TRUST II** |
| **COLUMBIA FUNDS VARIABLE INSURANCE TRUST** | **COLUMBIA FUNDS VARIABLE INSURANCE TRUST** |
| **COLUMBIA FUNDS VARIABLE SERIES TRUST** | **COLUMBIA FUNDS VARIABLE SERIES TRUST** |
| **COLUMBIA FUNDS VARIABLE SERIES TRUST II** | **COLUMBIA FUNDS VARIABLE SERIES TRUST II** |
| Each for itself and on behalf of its respective series listed on this Schedule A | Each for itself and on behalf of its respective series listed on this Schedule A |
| By: | /s/ Daniel J. Beckman |
| Name: | Daniel J. Beckman |
| Title: | President |
| **COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC** | **COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC** |
| By: | /s/ Michael G. Clarke |
| Name: | Michael G. Clarke |
| Title: | Senior Vice President and |
|  | North America Head of |
|  | Operations & Investor Services |
| **COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.** | **COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.** |
| By: | /s/ Marc Zeitoun |
| Name: | Marc Zeitoun |
| Title: | Vice President and Head of North America Product |
| **COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.** | **COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.** |
| By: | /s/ Veronica Seaman |
| Name: | Veronica Seaman |
| Title: | President |

---

## Ex-99.(H)(8)

**<u>FORM OF INDEMNIFICATION AGREEMENT</u>**

This Indemnification Agreement (the "Agreement") is made as of the date set forth on the signature page by and between each of the entities listed in Schedule A hereto (each a "Fund"), and the trustee/director of the Fund whose name is set forth on the signature page (the "Trustee").

WHEREAS, the Trustee is a trustee/director of the Fund, and the Fund wishes the Trustee to continue to serve in that capacity; and

WHEREAS, the Governing Documents (as defined below) of the Fund and applicable laws provide for the Fund to indemnify the Trustee in certain cases; and

WHEREAS, to induce the Trustee to continue to provide services to the Fund as a Trustee and to provide the Trustee with contractual assurance that indemnification will be available to the Trustee, the Fund desires to provide the Trustee with protection against personal liability and delineate certain procedural aspects relating to indemnification and advancement of expenses, as more fully set forth herein.

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual agreements set forth herein, the parties hereby agree as set forth below. Certain capitalized terms used herein are defined in Section 7.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1. <u>Indemnification</u>.** The Trustee shall be indemnified and held harmless by the Fund to the fullest extent authorized by applicable law, as the same may hereafter be amended (but, in the case of any such amendment, only to the extent that such amendment permits the Fund to provide broader indemnification rights than the law permitted the Fund to provide prior to such amendment) against all Expenses actually and reasonably incurred by the Trustee in connection with the defense or disposition of any Proceeding in which the Trustee may be or may have been involved as a party or otherwise or with which the Trustee may be or may have been threatened, while in office or thereafter, by reason of any alleged act or omission as a Trustee or by reason of his or her being or having been a Trustee, except with respect to any matter as to which the Trustee shall have been finally adjudicated in any such Proceeding not to have acted in good faith in the reasonable belief that the Trustee's action was in the best interests of the Fund and except that the Trustee shall not be indemnified against any liability to the Fund or its shareholders by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of such Trustee's office.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2. <u>Advancement of Expenses</u>.** To the maximum extent permitted by applicable law, Expenses, including reasonable counsel fees incurred by the Trustee (but excluding amounts paid in satisfaction of judgments, in compromise or as fines or penalties), shall be paid from time to time by the Fund in advance of the final disposition of a Proceeding. In the case of each Fund that is organized as a Massachusetts business trust or Delaware statutory trust, such advancement shall be made upon receipt by the Fund of an undertaking by or on behalf of the Trustee to repay amounts so paid to the Fund if it is ultimately determined that indemnification of such Expenses is not authorized under this Agreement, provided, however, that either (a) the Trustee shall provide security considered in the sole discretion of the Fund to be appropriate for such

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undertaking, (b) the Fund shall be insured against losses arising from any such advance payments, or (c) either a majority of the Independent Trustees acting on the matter (provided that a majority of the Independent Trustees then in office act on the matter), or Independent Counsel in a written opinion, shall determine, based upon a review of readily available facts (as opposed to a full trial-type inquiry), that there is reason to believe the Trustee will be ultimately found entitled to indemnification under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3. <u>Presumptions</u>.** For purposes of the determination or opinion referred to in clause (c) of Section 2 of this Agreement or clauses (x) or (y) of subsection (h) of Section 5 of this Agreement, the majority of Independent Trustees or Independent Counsel, as the case may be, shall afford the Trustee a rebuttable presumption that the Trustee has not engaged in willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the Trustee's office.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4. <u>Witness Expenses</u>.** To the extent that the Trustee is, by reason of the Trustee's service to the Fund, a witness for any reason in any Proceeding to which such Trustee is not a party, such Trustee shall be indemnified by the Fund to the fullest extent authorized by applicable law against any and all Expenses actually and reasonably incurred by or on behalf of such Trustee in connection therewith.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5. <u>Procedure for Determination of Entitlement to Indemnification and Advancements</u>.** A request by the Trustee for indemnification or advancement of Expenses shall be made in writing to the Secretary of the Fund, and shall be accompanied by such relevant documentation and information as is reasonably available to the Trustee. The Secretary of the Fund shall promptly advise the Board of such request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Methods of Determination</u>. Upon the Trustee's request for indemnification or advancement of Expenses, a determination with respect to the Trustee's entitlement thereto shall be made in a manner consistent with the terms of this Agreement. The Trustee shall cooperate with the person or persons making such determination, including, without limitation, providing to such persons upon reasonable advance request any documentation or information that is not privileged or otherwise protected from disclosure and is reasonably available to the Trustee and reasonably necessary to such determination. Any failure by the Trustee to cooperate with the person or persons making such determination shall extend as necessary and appropriate the period or periods described in paragraph (c) of this Section 5 regarding determinations deemed to have been made. Any Expenses reasonably incurred by the Trustee in so cooperating shall be borne by the Fund, irrespective of the determination as to the Trustee's entitlement to indemnification or advancement of Expenses. Any legal counsel selected by the Fund pursuant hereto to make the relevant determination shall be an Independent Counsel.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Independent Counsel</u>. If the determination of entitlement to indemnification or advancement of Expenses is to be made by Independent Counsel, the Independent Counsel shall be selected by the Trustee and approved by a majority of the Board (which approval shall not be unreasonably withheld or delayed). In the event that the Board does not approve Trustee's selection within 14 days of written notice from Trustee of Trustee's selection, Trustee may petition a court of competent jurisdiction for the appointment as Independent Counsel of a person selected by the court or by such other person as the court shall designate, and the person with

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respect to whom an objection is favorably resolved or the person so appointed shall act as Independent Counsel, provided that such other law firm or member of a law firm is not currently representing, nor in the past two years has been retained to represent, the Fund or Trustee in any matter material to either such party or any other party to the Proceeding giving rise to the claim for indemnification or advancements hereunder.

The Fund shall pay all reasonable fees and Expenses charged or incurred by Independent Counsel in connection with his or her determinations pursuant to this Agreement, and shall pay all reasonable fees and Expenses of the Trustee incurred incident to the procedures described in this paragraph (b), regardless of the manner in which such Independent Counsel was selected or appointed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Failure to Make Timely Determination</u>. Subject to paragraph (a) of this Section 5, if the person or persons empowered or selected to determine whether the Trustee is entitled to indemnification or advancement of Expenses (other than determinations that are made or to be made by a court) shall not have made such determination within 60 days after receipt by the Fund of the request therefor, the requisite determination of entitlement to indemnification or advancement of Expenses shall be deemed to have been made, and the Trustee shall be entitled to such indemnification or advancement, absent (i) an intentional misstatement by the Trustee of a material fact, or an intentional omission of a material fact necessary to make the Trustee's statement not materially misleading, in connection with the request for indemnification or advancement of Expenses, (ii) a prohibition of such indemnification or advancement under applicable law or the Fund's Governing Documents, or (iii) a requirement under the Investment Company Act of 1940, as amended (the "1940 Act"), for insurance or security; provided, however, that the Fund, in its sole discretion, may extend such 60 day period for a reasonable period of time, not to exceed an additional 60 days, if the person or persons making the determination in good faith require such additional time to obtain or evaluate documentation or information relating thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Payment Upon Determination of Entitlement</u>. If a determination is made pursuant to Sections 1 or 2 (or is deemed to be made pursuant to paragraph (c) of this Section 5 and, in the case of advancement of Expenses, the other conditions are satisfied) that the Trustee is entitled to indemnification or advancement of Expenses, payment of any indemnification amounts or advancements owing to the Trustee shall be made within 10 days after such determination (and, in the case of advancements of Expenses, within 10 days after submission of supporting information, including the required undertaking and evidence of any required security). If such payment is not made when due, the Trustee shall be entitled to an adjudication in an appropriate court of The Commonwealth of Massachusetts, or in any other court of competent jurisdiction, of the Trustee's entitlement to such indemnification or advancement. The Trustee shall commence any proceeding seeking such adjudication within one year following the date on which he or she first has the right to commence such proceeding pursuant to this paragraph (d). In any such proceeding, the Fund shall be bound by the determination that the Trustee is entitled to indemnification or advancement, absent (i) an intentional misstatement by the Trustee of a material fact, or an intentional omission of a material fact necessary to make his or her statement not materially misleading, in connection with the request for indemnification or advancements, (ii) a prohibition of such indemnification or advancement under applicable law, or (iii) a requirement under the 1940 Act for insurance or security.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Appeal of Adverse Determination</u>. If a determination is made that the Trustee is not entitled to indemnification or advancement, the Trustee shall be entitled to an adjudication of such matter in an appropriate court of The Commonwealth of Massachusetts or in any other court of competent jurisdiction. Alternatively, the Trustee, at his or her option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association. The Trustee shall commence such proceeding or arbitration within one year following the date on which the adverse determination is made. Any such judicial proceeding or arbitration shall be conducted in all respects as a de novo trial or arbitration on the merits, and the Trustee shall not be prejudiced by reason of such prior adverse determination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>Expenses of Appeal</u>. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the Fund, and shall be indemnified by the Fund against, any and all Expenses actually and reasonably incurred by the Trustee in such arbitration or judicial adjudication, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) <u>Validity of Agreement</u>. In any arbitration or judicial proceeding commenced pursuant to this Section 5, the Fund shall be precluded from asserting that the procedures and presumptions set forth in this Agreement are not valid, binding and enforceable against the Fund, and shall stipulate in any such court or before any such arbitrator that the Fund is bound by all the provisions of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) <u>Lack of Adjudication</u>. Notwithstanding any provision herein to the contrary, as to any matter disposed of (whether by a compromise payment, pursuant to a consent decree or otherwise) without an adjudication by a court, or by any other body before which the Proceeding was brought, that the Trustee either (a) did not act in good faith in the reasonable belief that the Trustee's action was in the best interests of the Fund or (b) is liable to the Fund or its shareholders by reason of the Trustee's willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the Trustee's office, indemnification shall be provided if (x) approved, after notice that it involves such indemnification, by at least a majority of the Independent Trustees acting on the matter (provided that a majority of the Independent Trustees then in office act on the matter), upon a determination, based upon a review of readily available facts (as opposed to a full trial-type inquiry) that the Trustee acted in good faith in the reasonable belief that the Trustee's action was in the best interests of the Fund and is not liable to the Fund or its shareholders by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the Trustee's office, or (y) there has been obtained an opinion in writing of Independent Counsel, based upon a review of readily available facts (as opposed to a full trial-type inquiry), to the effect that the Trustee appears to have acted in good faith in the reasonable belief that the Trustee's action was in the best interests of the Fund and that such indemnification would not protect the Trustee against any liability to the Fund to which the Trustee would otherwise be subject by reason of the Trustee's willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the Trustee's office.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6. <u>General Provisions</u>.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Non-Exclusive Rights</u>. The provisions for indemnification of, and advancement of Expenses to, the Trustee set forth in this Agreement shall not be deemed exclusive of any other rights to which the Trustee may otherwise be entitled, including any other rights to be indemnified, or have Expenses advanced, by the Fund. The Fund shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that the Trustee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise, if such payment is not recoverable from the Trustee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Continuation of Provisions; Assignment</u>. This Agreement shall be binding upon all successors of the Fund, including without limitation any transferee of all or substantially all assets of the Fund and any successor by merger, consolidation or operation of law, and shall inure to the benefit of the Trustee's heirs, executors and administrators. The Fund agrees that it shall not sell, assign or otherwise transfer all or substantially all of its assets, or merge or reorganize with any other entity or series of any other entity, unless the entity or series to which such sale, assignment or transfer is being made, or that is the survivor of any such merger or reorganization, agrees to assume all of the obligations (whether contingent or otherwise) of the Fund under this Agreement. The provisions of this Agreement shall continue until the later of (A) ten years after the Trustee has ceased to provide any service to the Fund, and (B) the final termination of all Proceedings in respect of which the Trustee has asserted, is entitled to assert, or has been granted rights of indemnification or advancement of Expenses hereunder and of any proceeding commenced by the Trustee pursuant to Section 5 relating thereto. No amendment of the Governing Documents shall limit or eliminate the right of the Trustee to indemnification and advancement of Expenses set forth in this Agreement. The Trustee, in his or her sole discretion, may assign his or her rights to receive indemnification payments (but not any rights to assert a claim for indemnification based on the assignee's own conduct) under this Agreement to any other person, upon written notice to the Fund in accordance with a notice of assignment in a form that is reasonably acceptable to the Fund and Trustee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Selection of Counsel</u>. The Fund shall be entitled to assume the defense of any Proceeding for which the Trustee seeks indemnification or advancement of Expenses under this Agreement. Notwithstanding the foregoing, however, counsel selected by the Trustee shall conduct the defense of the Trustee to the extent reasonably determined by such counsel to be necessary to protect the interests of the Trustee, and the Fund shall indemnify the Trustee for the Expenses of such defense to the extent otherwise permitted under this Agreement, if (1) the Trustee reasonably determines that there may be a conflict in the Proceeding between the positions of the Trustee and the positions of the Fund or of other parties to the Proceeding that are indemnified by the Fund and not represented by separate counsel, or the Trustee otherwise reasonably concludes that representation of both the Trustee and the Fund or any such other parties by the same counsel would not be appropriate, or (2) the Proceeding involves the Trustee, but neither the Fund nor any such other party who is indemnified by the Fund, and the Trustee reasonably withholds consent to being represented by counsel selected by the Fund. If the Fund shall not have elected to assume the defense of any such Proceeding for the Trustee within thirty days after receiving written notice thereof from the Trustee, the Fund shall be deemed to have waived any right it might otherwise have to assume such defense.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Subrogation</u>. In the event of any payment by the Fund pursuant to this Agreement, the Fund shall be subrogated to the extent of such payment to all of the rights of recovery of the Trustee, who shall, upon reasonable written request by the Fund and at the Fund's expense, execute all such documents and take all such reasonable actions as are necessary to enable the Fund to enforce such rights. Nothing in this Agreement shall be deemed (1) to diminish or otherwise restrict the right of the Fund or the Trustee to proceed or collect against any insurers or (2) to give such insurers any rights against the Fund under or with respect to this Agreement, including, without limitation, any right to be subrogated to the Trustee's rights hereunder, unless otherwise expressly agreed to by the Fund in writing, and the obligation of such insurers to the Fund and the Trustee shall not be deemed to be reduced or impaired in any respect by virtue of the provisions of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Insurance</u>. For a period of six years after the Trustee has ceased to serve as a member of the Board, the Fund shall purchase and maintain in effect one or more policies of insurance on behalf of the Trustee which collectively provide limits of coverage for claims made against the Trustee in the event of the insolvency of the Fund, or any series of the Fund, or other event which causes the Fund or any series of the Fund to be unable to pay Expenses as contemplated by this Agreement, having the same scope of coverage as the scope of coverage available for members of the Board at the time a request by the Trustee for indemnification or advancement of Expenses is made to the Fund pursuant to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>Notice of Proceedings</u>. The Trustee shall promptly notify the Fund in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding which may be subject to indemnification or advancement of Expenses pursuant to this Agreement, but no delay in providing such notice shall in any way limit or affect the Trustee's rights or the Fund's obligations under this Agreement, except to the extent the Fund can establish that it was materially harmed thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) <u>Notices</u>. All notices, requests, demands and other communications to a party pursuant to this Agreement shall be in writing, addressed to such party at the address specified on the signature page of this Agreement (or such other address, including any electronic mailing address, as may have been furnished by such party by notice in accordance with this paragraph), and shall be deemed to have been duly given when delivered personally (with a written receipt by the addressee) or two business days after being sent (1) by certified or registered mail, postage prepaid, return receipt requested, or (2) by nationally recognized overnight courier service.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) <u>Severability</u>. If any provision of this Agreement shall be held to be invalid, illegal or unenforceable, in whole or in part, for any reason whatsoever, (1) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section of this Agreement containing any provision that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby, and (2) to the fullest extent possible, the remaining provisions of this Agreement shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <u>Modification and Waiver</u>. This Agreement supersedes any existing or prior agreement between the Fund and the Trustee pertaining to the subject matter of indemnification, advancement of Expenses and insurance, other than the Governing Documents and the terms of any liability insurance policies, which shall not be modified or amended by this Agreement. The rights of indemnification set forth in this Agreement shall in no way impact the provisions relating to tenure, removal and resignation of members of the Board, as set forth in the Governing Documents. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing (including by electronic transmission) by both parties to this Agreement or their respective successors or legal representatives; provided, however, that any supplements, modifications or amendments to the Governing Documents or the terms of any liability insurance policies shall be deemed not to constitute supplements, modifications or amendments to this Agreement. Any waiver by either party of any breach by the other party of any provision contained in this Agreement to be performed by the other party must be in writing and signed by the waiving party or such party's successor or legal representative. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement (whether or not similar) at the same or any prior or subsequent time, nor shall such waiver constitute a continuing waiver.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) <u>Headings</u>. The headings of the Sections of this Agreement are for convenience only and shall not be deemed to control or affect the meaning or construction of any provision of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) <u>Counterparts</u>. This Agreement may be executed in one or more counterparts (including by electronic transmission), each of which shall be deemed to be an original, and all of which, when taken together, shall constitute one agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) <u>Applicable Law</u>. This Agreement shall be governed by and construed and enforced in accordance with the laws of the state in which the applicable Fund is organized or incorporated without reference to principles of conflict of laws. The Fund and the Trustee submit to the jurisdiction of all state and federal courts sitting in the state in which the applicable Fund is organized or incorporated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) <u>WAIVER OF RIGHT TO JURY TRIAL</u>. BY EXECUTING THIS AGREEMENT, THE PARTIES KNOWINGLY AND WILLINGLY WAIVE ANY RIGHT THEY HAVE UNDER APPLICABLE LAW TO A TRIAL BY JURY IN ANY DISPUTE ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT OR THE ISSUES RAISED BY THAT DISPUTE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7. <u>Definitions</u>.** For purposes of this Agreement, the following terms shall have the following meanings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) "Board" means the board of trustees/directors of the Fund.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) "Expenses" shall include without limitation all judgments, penalties, fines, amounts paid or to be paid in settlement, ERISA excise taxes, liabilities, losses, interest, expenses of investigation, attorneys' fees, retainers, court costs, transcript costs, fees of experts and witnesses, expenses of preparing for and attending depositions and other proceedings, travel expenses, duplicating costs, printing and binding costs, computerized legal research costs, telephone charges, postage, delivery service fees, and all other costs, disbursements or expenses of the type customarily incurred in connection with establishing a right to indemnification or prosecuting, defending, preparing to prosecute or defend, investigating, or acting or preparing to act as a witness in a Proceeding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) "Final adjudication," "final disposition" or "judgment" shall mean a final adjudication by court order or judgment of the court or other body before which a matter is pending, from which no further right of appeal or review exists.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) "Governing Documents" means the Agreement and Declaration of Trust, Trust Instrument, Articles of Incorporation, and/or By-Laws or such other charter documents governing the organization and operation of the Fund, as the same may be amended, restated, supplemented and in effect from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) "Independent Counsel" shall mean a law firm, or a member of a law firm, that is experienced in matters of corporation or investment company law and neither at the time of designation is, nor in the two years immediately preceding such designation was, retained to represent (A) the Fund or the Trustee in any matter material to either such party, or (B) any other party to the Proceeding giving rise to a claim for indemnification or advancements hereunder. Notwithstanding the foregoing, however, the term "Independent Counsel" shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Fund or the Trustee in an action to determine the Trustee's rights pursuant to this Agreement, regardless of when the Trustee's act or failure to act occurred.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) "Independent Trustee" shall mean a trustee/director of the Fund who is neither an "interested person" of the Fund as defined in Section 2(a)(19) of the 1940 Act (or exempted from being an "interested person" by any rule, regulation or order of the U.S. Securities and Exchange Commission), nor a party to the Proceeding with respect to which indemnification or advances are sought nor a party to any other Proceeding based on the same or similar grounds which is then or has been pending.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) The term "Proceeding" shall include without limitation any threatened, pending or completed claim, demand, threat, discovery request, request for testimony or information, action, suit, arbitration, alternative dispute mechanism, investigation, regulatory inquiry, hearing or other proceeding, including any appeal from any of the foregoing, whether civil, criminal, administrative or investigative, whether formally or informally initiated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) The Trustee's "service to the Fund" shall include without limitation the Trustee's status or service as a trustee or officer of the Fund and his or her service at the request of the Fund as a trustee, director or officer of another organization in which the Fund has any interest as a shareholder, creditor or otherwise.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8. <u>Miscellaneous</u>**. A copy of the Agreement and Declaration of Trust of each Fund that is organized as a Massachusetts business trust or Delaware statutory trust, as amended or restated from time to time, is on file with the relevant governmental authorities, and notice is hereby given that this Agreement is executed on behalf of the Fund by an officer or Trustee of the Fund in his or her capacity as an officer or Trustee of the Fund and not individually and that the obligations of, or arising out of, this Agreement are not binding upon any of the Trustees, officers, employees, agents, or shareholders of the Fund, whether past, present, or future, individually, but are binding only upon the assets and property of the Fund, as provided in the Governing Documents. Furthermore, notice is given that the assets and liabilities of each series of the Fund are separate and distinct and that the obligations of or arising out of this Agreement with respect to the series of the Fund are several and not joint, and to the extent not otherwise reasonably allocated among such series by the Trustees of the Fund, shall be deemed to have been allocated in accordance with the relative net assets of such series, and the Trustee agrees not to proceed against any series for the obligations of another series.

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IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date set forth below.

Dated:<u> </u>

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| | |
|:---|:---|
| Each of the entities set forth on Schedule A hereto | Each of the entities set forth on Schedule A hereto |
| By: |  |
|  | Name: |
|  | Title: |
| Address for notices: | Address for notices: |
| c/o Columbia Management Investment<br> Advisers, LLC<br> 290 Congress Street | c/o Columbia Management Investment<br> Advisers, LLC<br> 290 Congress Street |
| Boston, MA 02210 | Boston, MA 02210 |
| TRUSTEE: | TRUSTEE: |
| By: |  |
|  | Name: |
| Address for notices: | Address for notices: |
| c/o Columbia Management Investment<br> Advisers, LLC<br> 290 Congress Street | c/o Columbia Management Investment<br> Advisers, LLC<br> 290 Congress Street |
| Boston, MA 02210 | Boston, MA 02210 |

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**<u>Schedule A</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Columbia Acorn Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Columbia Credit Income Opportunities Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Columbia ETF Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Columbia ETF Trust I

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Columbia ETF Trust II

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Columbia Funds Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Columbia Funds Series Trust I

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Columbia Funds Series Trust II

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Columbia Funds Variable Insurance Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Columbia Funds Variable Series Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. Columbia Funds Variable Series Trust II

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. Columbia Seligman Premium Technology Growth Fund, Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. Tri-Continental Corporation