# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001410368-26-055034
**Filing Date:** 2026-5
**Character Count:** 30865
**Document Hash:** a45e3a0fff2570956a7f968fecc1889e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055034.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055034

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 261033028

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Variable Portfolio - Partners International Core Equity Fund (Series ID: S000028687)

| Class ID   | Class Name                                                           | Ticker Symbol   |
|:---|:---|:---|
| C000087792 | Variable Portfolio - Partners International Core Equity Fund Class 1 |  |
| C000087793 | Variable Portfolio - Partners International Core Equity Fund Class 2 |  |

## Nport-Ex

![](img4d3e3c561.jpg)

Variable Portfolio – Partners International Core Equity Fund

**First Quarter Report**

March 31, 2026 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

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

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Variable Portfolio – Partners International Core Equity Fund, March 31, 2026 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

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

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

---

| | | |
|:---|:---|:---|
| **Common Stocks 97.7%** | **Common Stocks 97.7%** | **Common Stocks 97.7%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Austria 1.9%** | **Austria 1.9%** | **Austria 1.9%** |
| Erste Group Bank AG | &nbsp;&nbsp; 313917 | &nbsp;&nbsp; 33910973 |
| **Brazil 1.4%** | **Brazil 1.4%** | **Brazil 1.4%** |
| MercadoLibre, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 14744 | &nbsp;&nbsp; 25492671 |
| **Canada 2.9%** | **Canada 2.9%** | **Canada 2.9%** |
| Kinross Gold Corp. | &nbsp;&nbsp; 554342 | &nbsp;&nbsp; 16918518 |
| Toronto-Dominion Bank (The) | &nbsp;&nbsp; 360956 | &nbsp;&nbsp; 33711023 |
| **Total** | **Total** | &nbsp;&nbsp; **50629541** |
| **China 3.1%** | **China 3.1%** | **China 3.1%** |
| &nbsp;&nbsp; Contemporary Amperex Technology Co., Ltd., <br> Class A<br>| &nbsp;&nbsp; 618881 | &nbsp;&nbsp; 36616752 |
| Tencent Music Entertainment Group, ADR | &nbsp;&nbsp; 1883212 | &nbsp;&nbsp; 17476208 |
| **Total** | **Total** | &nbsp;&nbsp; **54092960** |
| **France 8.4%** | **France 8.4%** | **France 8.4%** |
| Legrand SA | &nbsp;&nbsp; 254502 | &nbsp;&nbsp; 39538062 |
| LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp; 63201 | &nbsp;&nbsp; 34548803 |
| Safran SA | &nbsp;&nbsp; 102684 | &nbsp;&nbsp; 33601215 |
| Schneider Electric SE | &nbsp;&nbsp; 149254 | &nbsp;&nbsp; 40021398 |
| **Total** | **Total** | &nbsp;&nbsp; **147709478** |
| **Germany 6.2%** | **Germany 6.2%** | **Germany 6.2%** |
| Beiersdorf AG | &nbsp;&nbsp; 223936 | &nbsp;&nbsp; 20129015 |
| SAP SE | &nbsp;&nbsp; 284721 | &nbsp;&nbsp; 48539989 |
| Siemens AG, Registered Shares | &nbsp;&nbsp; 168681 | &nbsp;&nbsp; 41096442 |
| **Total** | **Total** | &nbsp;&nbsp; **109765446** |
| **Hong Kong 2.2%** | **Hong Kong 2.2%** | **Hong Kong 2.2%** |
| AIA Group Ltd. | &nbsp;&nbsp; 3533000 | &nbsp;&nbsp; 39256321 |
| **Japan 17.3%** | **Japan 17.3%** | **Japan 17.3%** |
| Fast Retailing Co., Ltd. | &nbsp;&nbsp; 97300 | &nbsp;&nbsp; 38443854 |
| Hoya Corp. | &nbsp;&nbsp; 247000 | &nbsp;&nbsp; 42820027 |
| ITOCHU Corp. | &nbsp;&nbsp; 3245300 | &nbsp;&nbsp; 41281811 |
| Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp; 2540300 | &nbsp;&nbsp; 43017275 |
| MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp; 1829800 | &nbsp;&nbsp; 47749688 |
| Recruit Holdings Co., Ltd. | &nbsp;&nbsp; 458500 | &nbsp;&nbsp; 19976831 |
| Shimano, Inc. | &nbsp;&nbsp; 185200 | &nbsp;&nbsp; 19335411 |
| SoftBank Group Corp. | &nbsp;&nbsp; 720500 | &nbsp;&nbsp; 17543996 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| Sony Group Corp. | &nbsp;&nbsp; 1689800 | &nbsp;&nbsp; 35220056 |
| **Total** | **Total** | &nbsp;&nbsp; **305388949** |
| **Netherlands 8.0%** | **Netherlands 8.0%** | **Netherlands 8.0%** |
| ASML Holding NV | &nbsp;&nbsp; 64680 | &nbsp;&nbsp; 86008660 |
| Shell PLC | &nbsp;&nbsp; 1159821 | &nbsp;&nbsp; 54234527 |
| **Total** | **Total** | &nbsp;&nbsp; **140243187** |
| **Norway 1.8%** | **Norway 1.8%** | **Norway 1.8%** |
| DNB Bank ASA | &nbsp;&nbsp; 1019275 | &nbsp;&nbsp; 31891746 |
| **Singapore 2.9%** | **Singapore 2.9%** | **Singapore 2.9%** |
| Sea Ltd. ADR<sup>(a)</sup> <br>| &nbsp;&nbsp; 164337 | &nbsp;&nbsp; 13608747 |
| Singapore Telecommunications Ltd. | &nbsp;&nbsp; 9626200 | &nbsp;&nbsp; 36986411 |
| **Total** | **Total** | &nbsp;&nbsp; **50595158** |
| **Spain 1.5%** | **Spain 1.5%** | **Spain 1.5%** |
| Bankinter SA | &nbsp;&nbsp; 1652303 | &nbsp;&nbsp; 26168147 |
| **Sweden 1.8%** | **Sweden 1.8%** | **Sweden 1.8%** |
| Svenska Handelsbanken AB, Class A | &nbsp;&nbsp; 2469939 | &nbsp;&nbsp; 32562994 |
| **Switzerland 7.7%** | **Switzerland 7.7%** | **Switzerland 7.7%** |
| Chocoladefabriken Lindt & Spruengli AG | &nbsp;&nbsp; 3052 | &nbsp;&nbsp; 42856132 |
| &nbsp;&nbsp; Cie Financiere Richemont SA, Class A, Registered <br> Shares<br>| &nbsp;&nbsp; 250561 | &nbsp;&nbsp; 44240588 |
| Lonza Group AG, Registered Shares | &nbsp;&nbsp; 46655 | &nbsp;&nbsp; 29930051 |
| Straumann Holding AG, Registered Shares | &nbsp;&nbsp; 183818 | &nbsp;&nbsp; 19231614 |
| **Total** | **Total** | &nbsp;&nbsp; **136258385** |
| **Taiwan 2.2%** | **Taiwan 2.2%** | **Taiwan 2.2%** |
| &nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co., Ltd., <br> ADR<br>| &nbsp;&nbsp; 113601 | &nbsp;&nbsp; 38391458 |
| **United Arab Emirates —%** | **United Arab Emirates —%** | **United Arab Emirates —%** |
| NMC Health PLC<sup>(a),(b),(c)</sup> <br>| &nbsp;&nbsp; 293698 | &nbsp;&nbsp; 0 |
| **United Kingdom 21.4%** | **United Kingdom 21.4%** | **United Kingdom 21.4%** |
| AstraZeneca PLC | &nbsp;&nbsp; 360955 | &nbsp;&nbsp; 70581140 |
| BAE Systems PLC | &nbsp;&nbsp; 1490059 | &nbsp;&nbsp; 43686304 |
| Haleon PLC | &nbsp;&nbsp; 8290873 | &nbsp;&nbsp; 41031486 |
| HSBC Holdings PLC | &nbsp;&nbsp; 2773283 | &nbsp;&nbsp; 45544499 |
| London Stock Exchange Group PLC | &nbsp;&nbsp; 371652 | &nbsp;&nbsp; 43887554 |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp; 549372 | &nbsp;&nbsp; 36939962 |
| RELX PLC | &nbsp;&nbsp; 1024687 | &nbsp;&nbsp; 33571174 |

---

Variable Portfolio – Partners International Core Equity Fund \| 2026

------

Portfolio of Investments (continued)

Variable Portfolio – Partners International Core Equity Fund, March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| Sage Group PLC (The) | &nbsp;&nbsp; 2374328 | &nbsp;&nbsp; 26605277 |
| Unilever PLC | &nbsp;&nbsp; 629311 | &nbsp;&nbsp; 34548790 |
| **Total** | **Total** | &nbsp;&nbsp; **376396186** |
| **United States 7.0%** | **United States 7.0%** | **United States 7.0%** |
| ARM Holdings PLC, ADR<sup>(a)</sup> <br>| &nbsp;&nbsp; 222163 | &nbsp;&nbsp; 33608819 |
| &nbsp;&nbsp; Liberty Media Corp.-Liberty Formula One, <br> Class C<sup>(a)</sup> <br>| &nbsp;&nbsp; 286995 | &nbsp;&nbsp; 24400315 |
| Roche Holding Ag | &nbsp;&nbsp; 162510 | &nbsp;&nbsp; 64856253 |
| **Total** | **Total** | &nbsp;&nbsp; **122865387** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,425,732,063) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,425,732,063) | &nbsp;&nbsp; **1721618987** |

---

---

| | | |
|:---|:---|:---|
| **Money Market Funds 1.3%** | **Money Market Funds 1.3%** | **Money Market Funds 1.3%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 3.790%<sup>(d),(e)</sup> <br>| &nbsp;&nbsp; 23638755 | &nbsp;&nbsp; 23629300 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $23,631,857) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $23,631,857) | &nbsp;&nbsp; **23629300** |
| **Total Investments in Securities** <br>**(Cost $1,449,363,920)** | **Total Investments in Securities** <br>**(Cost $1,449,363,920)** | &nbsp;&nbsp; **1745248287** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **17423700** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **$1762671987** |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Represents fair value as determined in good faith under procedures approved by the
 Board of Trustees. At March 31, 2026, the total value of these securities amounted to $0, which represents less than 0.01% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Valuation based on significant unobservable inputs.

&nbsp;&nbsp;&nbsp;&nbsp;(d) The rate shown is the seven-day current annualized yield at March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended March 31, 2026 are as follows:

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% |
|  | 24304326 | &nbsp;&nbsp; 104446677 | &nbsp;&nbsp; (105120583)<br>| &nbsp;&nbsp; (1120)<br>| &nbsp;&nbsp; 23629300 | &nbsp;&nbsp; 544 | &nbsp;&nbsp; 174278 | &nbsp;&nbsp; 23638755 |

---

**Abbreviation Legend** 

ADR American Depositary Receipt

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Variable Portfolio – Partners International Core Equity Fund \| 2026

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT7054_(05/26)

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1800-345-6611

**Item A.2. Information about the Series.**

- **a. Name of Series:** Variable Portfolio - Partners International Core Equity Fund

- **b. EDGAR series identifier (if any):** S000028687

- **c. LEI of Series:** R7Z4YRZLDZ6NCQHFVI59

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1763620289.54

**Total Liabilities:** $312497.18

**Net Assets:** $1763307792.36

**Cash Not Reported:** $557687.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000087792 | 2.46%                | 4.03%                | -8.98%               |
| Class ID C000087793 | 2.49%                | 3.92%                | -8.95%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1016647.91             | $48846039.69                               |
| Month 2  | $28165359.89             | $43857470.81                               |
| Month 3  | $24136169.62             | $-205209768.49                             |

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARM Holdings PLC                          | ARM Holdings PLC                          | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |    222163 | NS      | $33608818.64  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                           | AstraZeneca PLC                           | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    360955 | NS      | $70581139.68  | 4.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bankinter SA                              | Bankinter SA                              | CUSIP: 000000000<br>LEI: VWMYAEQSTOPNV0SUGU82 | Long             | EC               | CORP              | ES        |   1652303 | NS      | $26168147.35  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     64680 | NS      | $86008660.07  | 4.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                             | Beiersdorf AG                             | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |    223936 | NS      | $20129014.88  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                           | BAE Systems PLC                           | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |   1490059 | NS      | $43686304.29  | 2.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA               | Cie Financiere Richemont SA               | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |    250561 | NS      | $44240588.12  | 2.51%             |  |  |  | No            |                  2 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND             | COLUMBIA SHORT TERM CASH FUND             | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  23638755 | NS      | $23629299.86  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                       | Erste Group Bank AG                       | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |    313917 | NS      | $33910972.85  | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Fast Retailing Co Ltd                     | Fast Retailing Co Ltd                     | CUSIP: 000000000<br>LEI: 353800ZCXKHDPY0N5218 | Long             | EC               | CORP              | JP        |     97300 | NS      | $38443854.05  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                         | HSBC Holdings PLC                         | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |   2773283 | NS      | $45544499.32  | 2.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp                                 | Hoya Corp                                 | CUSIP: 000000000<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |    247000 | NS      | $42820027.12  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU Corp                               | ITOCHU Corp                               | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |   3245300 | NS      | $41281811.16  | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                         | Kinross Gold Corp                         | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |    554342 | NS      | $16918517.84  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE       | LVMH Moet Hennessy Louis Vuitton SE       | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     63201 | NS      | $34548802.63  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                                | Legrand SA                                | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |    254502 | NS      | $39538062.06  | 2.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One    | Liberty Media Corp-Liberty Formula One    | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    286995 | NS      | $24400314.90  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG    | Chocoladefabriken Lindt & Spruengli AG    | CUSIP: 000000000<br>LEI: 529900JYJNNOKKAGK736 | Long             | EC               | CORP              | CH        |      3052 | NS      | $42856132.15  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group PLC           | London Stock Exchange Group PLC           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |    371652 | NS      | $43887553.74  | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                            | Lonza Group AG                            | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |     46655 | NS      | $29930050.43  | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                          | MercadoLibre Inc                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     11573 | NS      | $20009948.46  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MS&AD Insurance Group Holdings Inc        | MS&AD Insurance Group Holdings Inc        | CUSIP: 000000000<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |   1829800 | NS      | $47749687.82  | 2.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc        | Mitsubishi UFJ Financial Group Inc        | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |   2540300 | NS      | $43017274.85  | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                  | RELX PLC                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |   1024687 | NS      | $33571173.92  | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Safran SA                                 | Safran SA                                 | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |    102684 | NS      | $33601215.21  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group PLC/The                        | Sage Group PLC/The                        | CUSIP: 000000000<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |   2374328 | NS      | $26605277.04  | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                    | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    284721 | NS      | $48539988.77  | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd                                   | Sea Ltd                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |    164337 | NS      | $13608746.97  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc                               | Shimano Inc                               | CUSIP: 000000000<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |    185200 | NS      | $19335411.42  | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                | Siemens AG                                | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |    168681 | NS      | $41096442.12  | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp                       | SoftBank Group Corp                       | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |    720500 | NS      | $17543995.45  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| SONY CORP COM                             | Sony Group Corp                           | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |   1689800 | NS      | $35220056.24  | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    127121 | NS      | $42960541.95  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Group         | Tencent Music Entertainment Group         | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | KY        |   1883212 | NS      | $17476207.36  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank/The                 | Toronto-Dominion Bank/The                 | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |    360956 | NS      | $33711022.59  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Telecommunications Ltd          | Singapore Telecommunications Ltd          | CUSIP: 000000000<br>LEI: 2549003XJKIQO8YDYD89 | Long             | EC               | NUSS              | SG        |   9626200 | NS      | $36986410.52  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                     | Schneider Electric SE                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |    149254 | NS      | $40021398.47  | 2.27%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |   3533000 | NS      | $39256321.32  | 2.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NMC Health PLC                            | NMC Health PLC                            | CUSIP: 000000000<br>LEI: 2138008YQEVWBE1V2M52 | Long             | EC               | CORP              | GB        |    293698 | NS      | $0.38         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd    | Contemporary Amperex Technology Co Ltd    | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    618881 | NS      | $36616752.11  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                | CUSIP: 000000000<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |   8290873 | NS      | $41031486.29  | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                              | DNB Bank ASA                              | CUSIP: 000000000<br>LEI: 549300GKFG0RYRRQ1414 | Long             | EC               | CORP              | NO        |   1019275 | NS      | $31891746.40  | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                 | Shell PLC                                 | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1159821 | NS      | $54234527.17  | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Straumann Holding AG                      | Straumann Holding AG                      | CUSIP: 000000000<br>LEI: 50670046ML5FVIM60Z37 | Long             | EC               | CORP              | CH        |    183818 | NS      | $19231614.33  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd                   | Recruit Holdings Co Ltd                   | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    458500 | NS      | $19976831.26  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER GROUP PLC               | RECKITT BENCKISER GROUP PLC               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    549372 | NS      | $36939961.51  | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    162510 | NS      | $64856252.89  | 3.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                              | Unilever PLC                              | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    629311 | NS      | $34548789.98  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                  | Svenska Handelsbanken AB                  | CUSIP: 000000000<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EC               | CORP              | SE        |   2469939 | NS      | $32562994.38  | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-04

**Name of Applicant:** Columbia Funds Variable Series Trust II

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager