# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001410368-26-018813
**Filing Date:** 2026-2
**Character Count:** 36979
**Document Hash:** 062e173684c83174a2ba840610295b6e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-018813.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-018813

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**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:** 26684771

**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

### Columbia Variable Portfolio - Emerging Markets Fund (Series ID: S000019858)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000055695 | Columbia Variable Portfolio - Emerging Markets Fund Class 3 |  |
| C000088787 | Columbia Variable Portfolio - Emerging Markets Fund Class 1 |  |
| C000088788 | Columbia Variable Portfolio - Emerging Markets Fund Class 2 |  |

## 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:** 800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Emerging Markets Fund

- **b. EDGAR series identifier (if any):** S000019858

- **c. LEI of Series:** UOPUQHR5UC65AYZL8393

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $495027097.99

**Total Liabilities:** $10642941.92

**Net Assets:** $484384156.07

**Cash Not Reported:** $1160212.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055695 | 2.88%                | -1.89%               | 2.47%                |
| Class ID C000088787 | 2.85%                | -1.87%               | 2.52%                |
| Class ID C000088788 | 2.83%                | -1.91%               | 2.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7761962.65              | $7004659.02                                |
| Month 2  | $4291939.56              | $-13669732.30                              |
| Month 3  | $6588511.99              | $5173980.95                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Atour Lifestyle Holdings Ltd                        | Atour Lifestyle Holdings Ltd                        | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     72341 | NS      | $2850235.40   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharti Airtel Ltd                                   | Bharti Airtel Ltd                                   | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |    360654 | NS      | $8465083.98   | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Electronics Ltd                              | Bharat Electronics Ltd                              | CUSIP: 000000000<br>LEI: 335800HS8AOTM9W1F335 | Long             | EC               | CORP              | IN        |    703334 | NS      | $3130681.73   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| BIM Birlesik Magazalar AS                           | BIM Birlesik Magazalar AS                           | CUSIP: 000000000<br>LEI: 7890001GCDJQD8DJKE29 | Long             | EC               | CORP              | TR        |    151295 | NS      | $1888711.30   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                        | China Construction Bank Corp                        | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | NUSS              | CN        |   4121000 | NS      | $4079011.09   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Land Ltd                            | China Resources Land Ltd                            | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | NUSS              | KY        |   1313500 | NS      | $4595020.02   | 0.95%             |  |  |  | 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        |     18296 | NS      | $18290.27     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Clicks Group Ltd                                    | Clicks Group Ltd                                    | CUSIP: 000000000<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |    117291 | NS      | $2389976.08   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Coupang Inc                                         | Coupang Inc                                         | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |    205349 | NS      | $4844182.91   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CG Power & Industrial Solutions Ltd                 | CG Power & Industrial Solutions Ltd                 | CUSIP: 000000000<br>LEI: 335800KN5UTZKUZN2703 | Long             | EC               | CORP              | IN        |    285151 | NS      | $2055841.11   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Embraer SA                                          | Embraer SA                                          | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |    127153 | NS      | $8184838.61   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                                   | Futu Holdings Ltd                                   | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | KY        |     15629 | NS      | $2566438.09   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                       | HDFC Bank Ltd                                       | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     50164 | NS      | $1832992.56   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hesai Group                                         | Hesai Group                                         | CUSIP: 428050108<br>LEI: 836800KOYHURQT1JZY11 | Long             | EC               | CORP              | KY        |     54888 | NS      | $1229491.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd                  | Hong Kong Exchanges & Clearing Ltd                  | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     71000 | NS      | $3714816.19   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| SK hynix Inc                                        | SK hynix Inc                                        | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     45667 | NS      | $20681587.80  | 4.27%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                      | ICICI Bank Ltd                                      | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    243234 | NS      | $7248373.20   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| JUMBO SA                                            | JUMBO SA                                            | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |     73358 | NS      | $2405267.97   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                              | KB Financial Group Inc                              | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     59367 | NS      | $5110589.75   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                        | MediaTek Inc                                        | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     98000 | NS      | $4449708.71   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                    | MercadoLibre Inc                                    | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      3769 | NS      | $7591745.94   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Accton Technology Corp                              | Accton Technology Corp                              | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |    262672 | NS      | $9912453.07   | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Circuit Electronics Ltd                        | Gold Circuit Electronics Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    142000 | NS      | $3101862.32   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE Inc                                      | Chroma ATE Inc                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     61000 | NS      | $1508741.67   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Doosan Enerbility Co Ltd                            | Doosan Enerbility Co Ltd                            | CUSIP: 000000000<br>LEI: 988400TK5NA3GLSTN506 | Long             | EC               | CORP              | KR        |     51878 | NS      | $2713431.55   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co Ltd                               | Elite Material Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     53000 | NS      | $2776772.81   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd                           | Capitec Bank Holdings Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     30602 | NS      | $7681743.43   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                  | Petroleo Brasileiro SA - Petrobras                  | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    382154 | NS      | $4528524.90   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA         | Powszechna Kasa Oszczednosci Bank Polski SA         | CUSIP: 000000000<br>LEI: P4GTT6GF1W40CVIMFR43 | Long             | EC               | CORP              | PL        |    277504 | NS      | $6549649.79   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Power Corp SA                                | Public Power Corp SA                                | CUSIP: 000000000<br>LEI: 213800T9Y5XCOVRZ4Y57 | Long             | EC               | CORP              | GR        |    182482 | NS      | $3899349.57   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                             | Hanwha Aerospace Co Ltd                             | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |      6313 | NS      | $4122702.27   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                          | Samsung Electronics Co Ltd                          | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    277422 | NS      | $23252096.72  | 4.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd                                             | Sea Ltd                                             | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     23847 | NS      | $3042161.79   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd           | Taiwan Semiconductor Manufacturing Co Ltd           | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   1247838 | NS      | $61340328.46  | 12.66%            |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                | Tencent Holdings Ltd                                | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    404501 | NS      | $31042838.48  | 6.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Music Entertainment Group                   | Tencent Music Entertainment Group                   | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | KY        |    203243 | NS      | $3562849.79   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                                  | Trip.com Group Ltd                                  | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |     78226 | NS      | $5625231.66   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Unimicron Technology Corp                           | Unimicron Technology Corp                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    763000 | NS      | $5327917.16   | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Vista Energy SAB de CV                              | Vista Energy SAB de CV                              | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |     24837 | NS      | $1208568.42   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd             | Ping An Insurance Group Co of China Ltd             | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    862000 | NS      | $7240545.59   | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Emaar Properties PJSC                               | Emaar Properties PJSC                               | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |   1378923 | NS      | $5262720.31   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NTPC Ltd                                            | NTPC Ltd                                            | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | EC               | NUSS              | IN        |    420920 | NS      | $1545087.87   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC                               | Aldar Properties PJSC                               | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |   1572697 | NS      | $3722167.75   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Mills Ltd/The                               | Phoenix Mills Ltd/The                               | CUSIP: 000000000<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |    245262 | NS      | $5064255.75   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| eMemory Technology Inc                              | eMemory Technology Inc                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     33000 | NS      | $1812402.59   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Jentech Precision Industrial Co Ltd                 | Jentech Precision Industrial Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     62000 | NS      | $5406060.53   | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| UNTRADE.C ANIMAL HEALTH                             | China Animal Healthcare Ltd.                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   4603000 | NS      | $0.59         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ASPEED Technology Inc                               | ASPEED Technology Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28000 | NS      | $6441969.43   | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW HORIZON HEALTH LTD                              | NEW HORIZON HEALTH LTD                              | CUSIP: 000000000<br>LEI: 6556003WN0RS45SU3L67 | Long             | EC               | CORP              | KY        |    272000 | NS      | $0.03         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HD Hyundai Electric Co Ltd                          | HD Hyundai Electric Co Ltd                          | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |     12481 | NS      | $6702899.49   | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Co Ltd                                   | HD Hyundai Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     15555 | NS      | $2036004.55   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Sieyuan Electric Co Ltd                             | Sieyuan Electric Co Ltd                             | CUSIP: 000000000<br>LEI: 836800H6UQQUWN4PSZ32 | Long             | EC               | CORP              | CN        |    230600 | NS      | $5097676.64   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Vietnam Technological & Commercial Joint Stock Bank | Vietnam Technological & Commercial Joint Stock Bank | CUSIP: 000000000<br>LEI: 5493001XNKHV3FNIUD50 | Long             | EC               | CORP              | VN        |   1060000 | NS      | $1406615.97   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Greece SA                          | National Bank of Greece SA                          | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    226006 | NS      | $3447145.90   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp                                         | Xiaomi Corp                                         | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |    445000 | NS      | $2245840.50   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd              | Contemporary Amperex Technology Co Ltd              | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    154800 | NS      | $8139777.37   | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Cholamandalam Investment and Finance Co Ltd         | Cholamandalam Investment and Finance Co Ltd         | CUSIP: 000000000<br>LEI: 3358008DNPV45O4EII52 | Long             | EC               | CORP              | IN        |     94965 | NS      | $1801267.88   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Salik Co PJSC                                       | Salik Co PJSC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |   1660437 | NS      | $2870812.05   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hansoh Pharmaceutical Group Co Ltd                  | Hansoh Pharmaceutical Group Co Ltd                  | CUSIP: 000000000<br>LEI: 254900Q6MR00EBXTPF42 | Long             | EC               | CORP              | KY        |    498000 | NS      | $2307400.36   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                           | Alibaba Group Holding Ltd                           | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    960200 | NS      | $17630195.96  | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuxi Biologics Cayman Inc                           | Wuxi Biologics Cayman Inc                           | CUSIP: 000000000<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | KY        |    848500 | NS      | $3431176.26   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd                                         | Eternal Ltd                                         | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |    928230 | NS      | $2876569.19   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                                 | Kuaishou Technology                                 | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | KY        |    270500 | NS      | $2236064.21   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilibili Inc                                        | Bilibili Inc                                        | CUSIP: 000000000<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | KY        |     79780 | NS      | $1969060.32   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Lodha Developers Ltd                                | Lodha Developers Ltd                                | CUSIP: 000000000<br>LEI: 254900B5QCN52ETNU557 | Long             | EC               | CORP              | IN        |    205845 | NS      | $2433755.97   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Heavy Industries Co Ltd                  | HD Hyundai Heavy Industries Co Ltd                  | CUSIP: 000000000<br>LEI: 988400CAR8W9URQLGF30 | Long             | EC               | CORP              | KR        |      4682 | NS      | $1650167.10   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceuticals Co Ltd              | Jiangsu Hengrui Pharmaceuticals Co Ltd              | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |    157200 | NS      | $1441153.64   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Eicher Motors Ltd                                   | Eicher Motors Ltd                                   | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |     22202 | NS      | $1807301.18   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| ADNOC Drilling Co PJSC                              | ADNOC Drilling Co PJSC                              | CUSIP: 000000000<br>LEI: 254900JPRSQL1PM0JV19 | Long             | EC               | CORP              | AE        |   2671960 | NS      | $3884899.98   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIC Securities Co Ltd                             | CITIC Securities Co Ltd                             | CUSIP: 000000000<br>LEI: 300300E1006744000068 | Long             | EC               | NUSS              | CN        |    336680 | NS      | $1383618.57   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuyao Glass Industry Group Co Ltd                   | Fuyao Glass Industry Group Co Ltd                   | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |    314275 | NS      | $2913589.30   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhejiang Shuanghuan Driveline Co Ltd                | Zhejiang Shuanghuan Driveline Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    234700 | NS      | $1593636.12   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Eastroc Beverage Group Co Ltd                       | Eastroc Beverage Group Co Ltd                       | CUSIP: 000000000<br>LEI: 836800LQ338417RCIL29 | Long             | EC               | CORP              | CN        |     95920 | NS      | $3671594.99   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Pictures Group Ltd                          | Damai Entertainment Holdings Ltd                    | CUSIP: 000000000<br>LEI: 213800DWTSI7ACSGHN32 | Long             | EC               | CORP              | BM        |  11530000 | NS      | $1410951.29   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| WuXi XDC Cayman Inc                                 | WuXi XDC Cayman Inc                                 | CUSIP: 000000000<br>LEI: 549300BV0TP5RVPBYO24 | Long             | EC               | CORP              | KY        |    591000 | NS      | $4621054.64   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| 360 ONE WAM Ltd                                     | 360 ONE WAM Ltd                                     | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |    472946 | NS      | $6267557.52   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Marine Solution Co Ltd                   | HD Hyundai Marine Solution Co Ltd                   | CUSIP: 000000000<br>LEI: 988400NV4TGR7O3GJM74 | Long             | EC               | CORP              | KR        |     15586 | NS      | $2088477.14   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Gold International Co Ltd                     | Zijin Gold International Co Ltd                     | CUSIP: 000000000<br>LEI: 254900FINUJR4MZ8A417 | Long             | EC               | CORP              | HK        |      3847 | NS      | $72168.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Finance Ltd                                   | Bajaj Finance Ltd                                   | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |    387940 | NS      | $4266171.43   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Detsky Mir PJSC                                     | Detsky Mir PJSC                                     | CUSIP: 000000000<br>LEI: 25340094SFG83VJ0YP24 | Long             | EC               | CORP              | RU        |    911435 | NS      | $0.01         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Piraeus Bank SA                                     | Piraeus Bank SA                                     | CUSIP: 000000000<br>LEI: 213800OYHR1MPQ5VJL60 | Long             | EC               | CORP              | GR        |    625474 | NS      | $4993977.56   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurobank SA                                         | Eurobank SA                                         | CUSIP: 000000000<br>LEI: 213800KGF4EFNUQKAT69 | Long             | EC               | CORP              | GR        |   1739630 | NS      | $6994479.24   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Huatai Securities Co Ltd                            | Huatai Securities Co Ltd                            | CUSIP: 000000000<br>LEI: 3003009ABT0UCWO79Q77 | Long             | EC               | CORP              | CN        |    604000 | NS      | $1465880.30   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Qualitas Controladora SAB de CV                     | Qualitas Controladora SAB de CV                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    147521 | NS      | $1524486.07   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Biologics Co Ltd                            | Samsung Biologics Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2149 | NS      | $2523322.04   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BTG Pactual SA                                | Banco BTG Pactual SA                                | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |    195408 | NS      | $1875003.90   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports Inc                                     | Amer Sports Inc                                     | CUSIP: 000000000<br>LEI: 391200YCSWTRD1J21867 | Long             | EC               | CORP              | KY        |     76767 | NS      | $2867247.45   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc                               | Anglogold Ashanti Plc                               | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     72208 | NS      | $6157898.24   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BBB Foods Inc                                       | BBB Foods Inc                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    110098 | NS      | $3676172.22   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Dlocal Ltd/Uruguay                                  | Dlocal Ltd/Uruguay                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     88959 | NS      | $1257880.26   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                      | NU Holdings Ltd/Cayman Islands                      | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |    874265 | NS      | $14635196.10  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MakeMyTrip Ltd                                      | MakeMyTrip Ltd                                      | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | MU        |     18417 | NS      | $1512404.04   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Co Ltd                           | Zijin Mining Group Co Ltd                           | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |   1320000 | NS      | $6043536.90   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-02

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

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager