# EDGAR Filing Document

**Accession Number:** 0000929521
**File Stem:** 0001410368-26-055040
**Filing Date:** 2026-5
**Character Count:** 36542
**Document Hash:** c34197efb97005fa2c70d4535668a019
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055040.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055040

**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
- **CENTRAL INDEX KEY:** 0000929521

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08748
- **FILM NUMBER:** 261033036

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 8003456611

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WANGER ADVISORS TRUST
- **DATE OF NAME CHANGE:** 19940909

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Acorn International Fund (Series ID: S000008982)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000024404 | Columbia Variable Portfolio - Acorn International Fund | WSCAX           |

## Nport-Ex

![](img2697776a1.jpg)

Columbia Variable Portfolio – Acorn International 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

Columbia Variable Portfolio – Acorn International 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 97.0%** | **Common Stocks 97.0%** | **Common Stocks 97.0%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Australia 2.2%** | **Australia 2.2%** | **Australia 2.2%** |
| ALS Ltd. | &nbsp;&nbsp; 290455 | &nbsp;&nbsp; 4263761 |
| CAR Group Ltd. | &nbsp;&nbsp; 83012 | &nbsp;&nbsp; 1325151 |
| **Total** | **Total** | &nbsp;&nbsp; **5588912** |
| **Canada 1.0%** | **Canada 1.0%** | **Canada 1.0%** |
| Finning International, Inc. | &nbsp;&nbsp; 40504 | &nbsp;&nbsp; 2506351 |
| **China 1.3%** | **China 1.3%** | **China 1.3%** |
| Silergy Corp. | &nbsp;&nbsp; 372000 | &nbsp;&nbsp; 3390284 |
| **Denmark 0.9%** | **Denmark 0.9%** | **Denmark 0.9%** |
| FLSmidth & Co. A/S | &nbsp;&nbsp; 32250 | &nbsp;&nbsp; 2443146 |
| **Finland 2.8%** | **Finland 2.8%** | **Finland 2.8%** |
| Konecranes OYJ | &nbsp;&nbsp; 106057 | &nbsp;&nbsp; 3480866 |
| Valmet OYJ | &nbsp;&nbsp; 126519 | &nbsp;&nbsp; 3620160 |
| **Total** | **Total** | &nbsp;&nbsp; **7101026** |
| **France 4.9%** | **France 4.9%** | **France 4.9%** |
| Gaztransport Et Technigaz SA | &nbsp;&nbsp; 27259 | &nbsp;&nbsp; 6411146 |
| Lisi SA | &nbsp;&nbsp; 28329 | &nbsp;&nbsp; 1732112 |
| Robertet SA | &nbsp;&nbsp; 1402 | &nbsp;&nbsp; 1310016 |
| Virbac SA | &nbsp;&nbsp; 7628 | &nbsp;&nbsp; 3150466 |
| **Total** | **Total** | &nbsp;&nbsp; **12603740** |
| **Germany 4.5%** | **Germany 4.5%** | **Germany 4.5%** |
| CTS Eventim AG & Co. KGaA | &nbsp;&nbsp; 32672 | &nbsp;&nbsp; 1913622 |
| flatexDEGIRO AG | &nbsp;&nbsp; 88775 | &nbsp;&nbsp; 3061437 |
| Nemetschek SE | &nbsp;&nbsp; 37739 | &nbsp;&nbsp; 2825142 |
| Renk Group AG | &nbsp;&nbsp; 62876 | &nbsp;&nbsp; 3758205 |
| **Total** | **Total** | &nbsp;&nbsp; **11558406** |
| **Greece 1.8%** | **Greece 1.8%** | **Greece 1.8%** |
| National Bank of Greece SA | &nbsp;&nbsp; 296331 | &nbsp;&nbsp; 4577687 |
| **Ireland 2.5%** | **Ireland 2.5%** | **Ireland 2.5%** |
| Bank of Ireland Group PLC | &nbsp;&nbsp; 361699 | &nbsp;&nbsp; 6562393 |
| **Italy 4.8%** | **Italy 4.8%** | **Italy 4.8%** |
| Carel Industries SpA | &nbsp;&nbsp; 186315 | &nbsp;&nbsp; 4748516 |
| Prysmian SpA | &nbsp;&nbsp; 64092 | &nbsp;&nbsp; 7568694 |
| **Total** | **Total** | &nbsp;&nbsp; **12317210** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Japan 41.5%** | **Japan 41.5%** | **Japan 41.5%** |
| Anritsu Corp. | &nbsp;&nbsp; 70500 | &nbsp;&nbsp; 1280164 |
| Asics Corp. | &nbsp;&nbsp; 186800 | &nbsp;&nbsp; 5022140 |
| BayCurrent, Inc. | &nbsp;&nbsp; 64000 | &nbsp;&nbsp; 1852565 |
| Capcom Co., Ltd. | &nbsp;&nbsp; 241600 | &nbsp;&nbsp; 5105474 |
| Disco Corp. | &nbsp;&nbsp; 10500 | &nbsp;&nbsp; 4279625 |
| DMG Mori Co., Ltd. | &nbsp;&nbsp; 101500 | &nbsp;&nbsp; 1567993 |
| Gunma Bank Ltd. (The) | &nbsp;&nbsp; 247100 | &nbsp;&nbsp; 3293104 |
| Kokusai Electric Corp. | &nbsp;&nbsp; 120200 | &nbsp;&nbsp; 4064527 |
| Konami Holdings Corp. | &nbsp;&nbsp; 16100 | &nbsp;&nbsp; 1983973 |
| Kraftia Corp. | &nbsp;&nbsp; 108800 | &nbsp;&nbsp; 6580826 |
| Kyoritsu Maintenance Co., Ltd. | &nbsp;&nbsp; 195200 | &nbsp;&nbsp; 3029445 |
| MatsukiyoCocokara & Co. | &nbsp;&nbsp; 174900 | &nbsp;&nbsp; 2783765 |
| Modec, Inc. | &nbsp;&nbsp; 39900 | &nbsp;&nbsp; 3777098 |
| Nippon Sanso Holdings Corp. | &nbsp;&nbsp; 130900 | &nbsp;&nbsp; 4641505 |
| Nissin Foods Holdings Co., Ltd. | &nbsp;&nbsp; 212700 | &nbsp;&nbsp; 4036984 |
| Niterra Co., Ltd. | &nbsp;&nbsp; 147200 | &nbsp;&nbsp; 6940711 |
| Nomura Real Estate Holdings, Inc. | &nbsp;&nbsp; 924300 | &nbsp;&nbsp; 5992961 |
| Omron Corp. | &nbsp;&nbsp; 123900 | &nbsp;&nbsp; 3564491 |
| Open House Co., Ltd. | &nbsp;&nbsp; 77500 | &nbsp;&nbsp; 4967110 |
| Renesas Electronics Corp. | &nbsp;&nbsp; 235800 | &nbsp;&nbsp; 3371287 |
| Sanwa Holdings Corp. | &nbsp;&nbsp; 152911 | &nbsp;&nbsp; 3477541 |
| Sekisui Chemical Co., Ltd. | &nbsp;&nbsp; 244800 | &nbsp;&nbsp; 4109865 |
| Shimadzu Corp. | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 2376286 |
| Simplex Holdings, Inc. | &nbsp;&nbsp; 737600 | &nbsp;&nbsp; 3791901 |
| Sundrug Co., Ltd. | &nbsp;&nbsp; 104500 | &nbsp;&nbsp; 2574557 |
| Suntory Beverage & Food Ltd. | &nbsp;&nbsp; 150600 | &nbsp;&nbsp; 4252960 |
| Taisei Corp. | &nbsp;&nbsp; 76500 | &nbsp;&nbsp; 7925533 |
| **Total** | **Total** | &nbsp;&nbsp; **106644391** |
| **Jersey 1.8%** | **Jersey 1.8%** | **Jersey 1.8%** |
| Yellow Cake PLC<sup>(a)</sup> <br>| &nbsp;&nbsp; 582368 | &nbsp;&nbsp; 4663977 |
| **Netherlands 2.5%** | **Netherlands 2.5%** | **Netherlands 2.5%** |
| BE Semiconductor Industries NV | &nbsp;&nbsp; 30261 | &nbsp;&nbsp; 6481720 |
| **New Zealand 2.0%** | **New Zealand 2.0%** | **New Zealand 2.0%** |
| Fisher & Paykel Healthcare Corp., Ltd. | &nbsp;&nbsp; 238488 | &nbsp;&nbsp; 5171251 |

---

Columbia Variable Portfolio – Acorn International Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Acorn International Fund, March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Sweden 1.6%** | **Sweden 1.6%** | **Sweden 1.6%** |
| AddTech AB, B Shares | &nbsp;&nbsp; 119452 | &nbsp;&nbsp; 4098989 |
| **Switzerland 7.0%** | **Switzerland 7.0%** | **Switzerland 7.0%** |
| Belimo Holding AG, Registered Shares | &nbsp;&nbsp; 3365 | &nbsp;&nbsp; 2732881 |
| Inficon Holding AG, Registered Shares | &nbsp;&nbsp; 19224 | &nbsp;&nbsp; 2433016 |
| Kardex Holding AG | &nbsp;&nbsp; 13774 | &nbsp;&nbsp; 4144242 |
| SGS SA, Registered Shares | &nbsp;&nbsp; 24464 | &nbsp;&nbsp; 2578236 |
| Tecan Group AG, Registered Shares | &nbsp;&nbsp; 13413 | &nbsp;&nbsp; 2283048 |
| VAT Group AG | &nbsp;&nbsp; 6108 | &nbsp;&nbsp; 3810425 |
| **Total** | **Total** | &nbsp;&nbsp; **17981848** |
| **United Kingdom 11.1%** | **United Kingdom 11.1%** | **United Kingdom 11.1%** |
| Babcock International Group PLC | &nbsp;&nbsp; 355702 | &nbsp;&nbsp; 5522135 |
| Baltic Classifieds Group PLC | &nbsp;&nbsp; 685364 | &nbsp;&nbsp; 1660081 |
| ConvaTec Group PLC | &nbsp;&nbsp; 1055016 | &nbsp;&nbsp; 3043128 |
| Endeavour Mining PLC | &nbsp;&nbsp; 91625 | &nbsp;&nbsp; 5520387 |
| Halma PLC | &nbsp;&nbsp; 99696 | &nbsp;&nbsp; 5087563 |
| ICG PLC | &nbsp;&nbsp; 157379 | &nbsp;&nbsp; 3227730 |
| Rightmove PLC | &nbsp;&nbsp; 255002 | &nbsp;&nbsp; 1458947 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| Safestore Holdings PLC | &nbsp;&nbsp; 348008 | &nbsp;&nbsp; 2922655 |
| **Total** | **Total** | &nbsp;&nbsp; **28442626** |
| **United States 2.8%** | **United States 2.8%** | **United States 2.8%** |
| Interparfums, Inc. | &nbsp;&nbsp; 31547 | &nbsp;&nbsp; 2865730 |
| Sunbelt Rentals Holdings, Inc. | &nbsp;&nbsp; 68201 | &nbsp;&nbsp; 4350634 |
| **Total** | **Total** | &nbsp;&nbsp; **7216364** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $207,960,208) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $207,960,208) | &nbsp;&nbsp; **249350321** |
| **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 3.790%<sup>(b),(c)</sup> <br>| &nbsp;&nbsp; 5499199 | &nbsp;&nbsp; 5496999 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $5,497,145) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $5,497,145) | &nbsp;&nbsp; **5496999** |
| **Total Investments in Securities** <br>**(Cost $213,457,353)** | **Total Investments in Securities** <br>**(Cost $213,457,353)** | &nbsp;&nbsp; **254847320** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **2162860** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **$257010180** |

---

**Notes to Portfolio of Investments** 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;(c) 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% |
|  | 4175049 | &nbsp;&nbsp; 27228158 | &nbsp;&nbsp; (25905876)<br>| &nbsp;&nbsp; (332)<br>| &nbsp;&nbsp; 5496999 | &nbsp;&nbsp; (330)<br>| &nbsp;&nbsp; 51632 | &nbsp;&nbsp; 5499199 |

---

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

Columbia Variable Portfolio – Acorn International Fund \| 2026

------

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

1QT7062_(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

- **b. Investment Company Act file number:** 811-08748

- **c. CIK number of Registrant:** 0000929521

- **d. LEI of Registrant:** 549300SGDXTPWJMBI838

- **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:** Columbia Variable Portfolio - Acorn International Fund

- **b. EDGAR series identifier (if any):** S000008982

- **c. LEI of Series:** 549300UMYQQ309WNJM65

**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:** $259753250.10

**Total Liabilities:** $2640837.95

**Net Assets:** $257112412.15

**Cash Not Reported:** $697.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024404 | 4.35%                | 4.27%                | -10.57%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1811566.96              | $10231363.01                               |
| Month 2  | $4923504.23              | $7161549.00                                |
| Month 3  | $4823511.92              | $-36536419.10                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Anritsu Corp                        | Anritsu Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     70500 | NS      | $1280163.75   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Asics Corp                          | Asics Corp                          | CUSIP: 000000000<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |    186800 | NS      | $5022139.61   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Babcock International Group PLC     | Babcock International Group PLC     | CUSIP: 000000000<br>LEI: 213800TSKOLX4EU6L377 | Long             | EC               | CORP              | GB        |    355702 | NS      | $5522135.40   | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Capcom Co Ltd                       | Capcom Co Ltd                       | CUSIP: 000000000<br>LEI: 529900JJWQKXS3TC8744 | Long             | EC               | CORP              | JP        |    241600 | NS      | $5105474.10   | 1.99%             |  |  |  | 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        |   5499199 | NS      | $5496998.85   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co KGaA            | CTS Eventim AG & Co KGaA            | CUSIP: 000000000<br>LEI: 529900FDHSN08UBJII80 | Long             | EC               | CORP              | DE        |     47247 | NS      | $2767290.53   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Disco Corp                          | Disco Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10500 | NS      | $4279624.77   | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Finning International Inc           | Finning International Inc           | CUSIP: 318071404<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |     40504 | NS      | $2506350.60   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fisher & Paykel Healthcare Corp Ltd | Fisher & Paykel Healthcare Corp Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |    238488 | NS      | $5171250.72   | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FLSmidth & Co A/S                   | FLSmidth & Co A/S                   | CUSIP: 000000000<br>LEI: 213800MXXDGQ3ITPXI41 | Long             | EC               | CORP              | DK        |     32250 | NS      | $2443146.49   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Gunma Bank Ltd/The                  | Gunma Bank Ltd/The                  | CUSIP: 000000000<br>LEI: 54930054A69VC4I5BP89 | Long             | EC               | CORP              | JP        |    247100 | NS      | $3293104.01   | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                           | Halma PLC                           | CUSIP: 000000000<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |     99696 | NS      | $5087563.32   | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| BE Semiconductor Industries NV      | BE Semiconductor Industries NV      | CUSIP: 000000000<br>LEI: 7245007A1YFLI2GNYX06 | Long             | EC               | CORP              | NL        |     30261 | NS      | $6481720.46   | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Interparfums Inc                    | Interparfums Inc                    | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31547 | NS      | $2865729.48   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Konecranes Oyj                      | Konecranes Oyj                      | CUSIP: 000000000<br>LEI: 549300EF0CDEQZBMA096 | Long             | EC               | CORP              | FI        |    106057 | NS      | $3480866.02   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Robertet SA                         | Robertet SA                         | CUSIP: 000000000<br>LEI: 969500EUEC3HIYQOCS92 | Long             | EC               | CORP              | FR        |      1402 | NS      | $1310016.44   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Konami Group Corp                   | Konami Group Corp                   | CUSIP: 000000000<br>LEI: 353800FC4A5QCMIZFV94 | Long             | EC               | CORP              | JP        |     16100 | NS      | $1983973.38   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyoritsu Maintenance Co Ltd         | Kyoritsu Maintenance Co Ltd         | CUSIP: 000000000<br>LEI: 353800IO2MFHL1NA0986 | Long             | EC               | CORP              | JP        |    195200 | NS      | $3029445.31   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Interroll Holding AG                | Interroll Holding AG                | CUSIP: 000000000<br>LEI: 529900MU4QAEI94TB543 | Long             | EC               | CORP              | CH        |       233 | NS      | $431123.02    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| LISI SA                             | LISI SA                             | CUSIP: 000000000<br>LEI: 969500UU4O58BR802Y55 | Long             | EC               | CORP              | FR        |     28329 | NS      | $1732112.17   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Nemetschek SE                       | Nemetschek SE                       | CUSIP: 000000000<br>LEI: 529900R0S2IX1S358J38 | Long             | EC               | CORP              | DE        |     37739 | NS      | $2825141.61   | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MatsukiyoCocokara & Co              | MatsukiyoCocokara & Co              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    174900 | NS      | $2783764.85   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Modec Inc                           | Modec Inc                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     39900 | NS      | $3777097.92   | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ALS LTD                             | ALS LTD                             | CUSIP: 000000000<br>LEI: 549300RYCQ8DMIO2J661 | Long             | EC               | CORP              | AU        |    290455 | NS      | $4263760.74   | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| DMG Mori Co Ltd                     | DMG Mori Co Ltd                     | CUSIP: 000000000<br>LEI: 353800P4I3FIXTQV2E13 | Long             | EC               | CORP              | JP        |    101500 | NS      | $1567992.98   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Niterra Co Ltd                      | Niterra Co Ltd                      | CUSIP: 000000000<br>LEI: 549300RG3XQGTFM4HH31 | Long             | EC               | CORP              | JP        |    147200 | NS      | $6940711.11   | 2.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Renesas Electronics Corp            | Renesas Electronics Corp            | CUSIP: 000000000<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |    235800 | NS      | $3371287.06   | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Kraftia Corp                        | Kraftia Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    108800 | NS      | $6580825.58   | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissin Foods Holdings Co Ltd        | Nissin Foods Holdings Co Ltd        | CUSIP: 000000000<br>LEI: 529900YMZMNSHC1W6V41 | Long             | EC               | CORP              | JP        |    212700 | NS      | $4036984.13   | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Real Estate Holdings Inc     | Nomura Real Estate Holdings Inc     | CUSIP: 000000000<br>LEI: 353800UZ91CT24OL9P59 | Long             | EC               | CORP              | JP        |    924300 | NS      | $5992961.46   | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Omron Corp                          | Omron Corp                          | CUSIP: 000000000<br>LEI: 549300ZHW0TR2QZ0NY83 | Long             | EC               | CORP              | JP        |    123900 | NS      | $3564490.68   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian SpA                        | Prysmian SpA                        | CUSIP: 000000000<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |     64092 | NS      | $7568693.75   | 2.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanwa Holdings Corp                 | Sanwa Holdings Corp                 | CUSIP: 000000000<br>LEI: 5299003X6BCA4ROO5A70 | Long             | EC               | CORP              | JP        |    152911 | NS      | $3477541.43   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Safestore Holdings PLC              | Safestore Holdings PLC              | CUSIP: 000000000<br>LEI: 213800WGA3YSJC1YOH73 | Long             | EC               |  | GB        |    348008 | NS      | $2922655.40   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui Chemical Co Ltd             | Sekisui Chemical Co Ltd             | CUSIP: 000000000<br>LEI: 529900KQIVT7NWFNMI70 | Long             | EC               | CORP              | JP        |    244800 | NS      | $4109865.23   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimadzu Corp                       | Shimadzu Corp                       | CUSIP: 000000000<br>LEI: 353800Y64Z08WEH8PH97 | Long             | EC               | CORP              | JP        |    100000 | NS      | $2376286.19   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Virbac SACA                         | Virbac SACA                         | CUSIP: 000000000<br>LEI: 969500QQ1X5XHG649644 | Long             | EC               | CORP              | FR        |      7628 | NS      | $3150466.03   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sundrug Co Ltd                      | Sundrug Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    104500 | NS      | $2574556.57   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Sanso Holdings Corp          | Nippon Sanso Holdings Corp          | CUSIP: 000000000<br>LEI: 353800F1K6653B4VPY57 | Long             | EC               | CORP              | JP        |    130900 | NS      | $4641504.77   | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Taisei Corp                         | Taisei Corp                         | CUSIP: 000000000<br>LEI: 529900TF7XJKIOWMLQ79 | Long             | EC               | CORP              | JP        |     76500 | NS      | $7925533.50   | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Tecan Group AG                      | Tecan Group AG                      | CUSIP: 000000000<br>LEI: 529900CSN9R3BLETSL26 | Long             | EC               | CORP              | CH        |     13413 | NS      | $2283047.65   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Kardex Holding AG                   | Kardex Holding AG                   | CUSIP: 000000000<br>LEI: 529900JKKMQ07D6QZ480 | Long             | EC               | CORP              | CH        |     13774 | NS      | $4144241.70   | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| CAR Group Ltd                       | CAR Group Ltd                       | CUSIP: 000000000<br>LEI: 5299009TFWZGH2AN7D11 | Long             | EC               | CORP              | AU        |     83012 | NS      | $1325151.13   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Suntory Beverage & Food Ltd         | Suntory Beverage & Food Ltd         | CUSIP: 000000000<br>LEI: 549300FONLMVK7YYYH41 | Long             | EC               | CORP              | JP        |    150600 | NS      | $4252959.74   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Ireland Group PLC           | Bank of Ireland Group PLC           | CUSIP: 000000000<br>LEI: 635400C8EK6DRI12LJ39 | Long             | EC               | CORP              | IE        |    361699 | NS      | $6562392.56   | 2.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Open House Group Co Ltd             | Open House Group Co Ltd             | CUSIP: 000000000<br>LEI: 529900WQOGPBIJEHW865 | Long             | EC               | CORP              | JP        |     77500 | NS      | $4967109.70   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Convatec Group PLC                  | Convatec Group PLC                  | CUSIP: 000000000<br>LEI: 213800LS272L4FIDOH92 | Long             | EC               | CORP              | GB        |   1055016 | NS      | $3043128.34   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Yellow Cake PLC                     | Yellow Cake PLC                     | CUSIP: 000000000<br>LEI: 213800CVMYUGOA9EZY95 | Long             | EC               | CORP              | JE        |    582368 | NS      | $4663977.40   | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA          | National Bank of Greece SA          | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    296331 | NS      | $4577687.03   | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Carel Industries SpA                | Carel Industries SpA                | CUSIP: 000000000<br>LEI: 815600115DA6E507AE33 | Long             | EC               | CORP              | IT        |    186315 | NS      | $4748515.85   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Rightmove PLC                       | Rightmove PLC                       | CUSIP: 000000000<br>LEI: 2138001JXGCFKBXYB828 | Long             | EC               | CORP              | GB        |    255002 | NS      | $1458946.84   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Silergy Corp                        | Silergy Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    372000 | NS      | $3390284.03   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Valmet OYJ                          | Valmet OYJ                          | CUSIP: 000000000<br>LEI: 213800D9O7FUQDH83V62 | Long             | EC               | CORP              | FI        |    126519 | NS      | $3620159.91   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaztransport Et Technigaz SA        | Gaztransport Et Technigaz SA        | CUSIP: 000000000<br>LEI: 969500BVOHVZUUFWDT54 | Long             | EC               | CORP              | FR        |     27259 | NS      | $6411145.91   | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Endeavour Mining PLC                | Endeavour Mining PLC                | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |     91625 | NS      | $5520386.79   | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| AddTech AB                          | AddTech AB                          | CUSIP: 000000000<br>LEI: 549300QZ5U2IDRHPWL60 | Long             | EC               | CORP              | SE        |    119452 | NS      | $4098988.73   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| SGS SA                              | SGS SA                              | CUSIP: 000000000<br>LEI: 2138007JNS19JHNA2336 | Long             | EC               | CORP              | CH        |     24464 | NS      | $2578236.39   | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RENK Group AG                       | RENK Group AG                       | CUSIP: 000000000<br>LEI: 894500H8CNSZ53EI6K63 | Long             | EC               | CORP              | DE        |     44849 | NS      | $2680700.66   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Baltic Classifieds Group PLC        | Baltic Classifieds Group PLC        | CUSIP: 000000000<br>LEI: 213800I1RPHCFSSQS969 | Long             | EC               | CORP              | GB        |    685364 | NS      | $1660080.46   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplex Holdings Inc                | Simplex Holdings Inc                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    737600 | NS      | $3791901.27   | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Inficon Holding AG                  | Inficon Holding AG                  | CUSIP: 000000000<br>LEI: 5067008UT6890I0YM937 | Long             | EC               | CORP              | CH        |     19224 | NS      | $2433016.56   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Kokusai Electric Corp               | Kokusai Electric Corp               | CUSIP: 000000000<br>LEI: 549300CDY6N3WKYK2I96 | Long             | EC               | CORP              | JP        |    120200 | NS      | $4064526.52   | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Belimo Holding AG                   | Belimo Holding AG                   | CUSIP: 000000000<br>LEI: 506700339DLX749VEM23 | Long             | EC               | CORP              | CH        |      3365 | NS      | $2732880.75   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunbelt Rentals Holdings Inc        | Sunbelt Rentals Holdings Inc        | CUSIP: 866966104<br>LEI: 529900W4BQDNMAOSRA49 | Long             | EC               | CORP              | US        |     68201 | NS      | $4350634.28   | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| BayCurrent Inc                      | BayCurrent Inc                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     64000 | NS      | $1852565.32   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| ICG PLC                             | ICG PLC                             | CUSIP: 000000000<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |    157379 | NS      | $3227729.56   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| flatexDEGIRO AG                     | flatexDEGIRO AG                     | CUSIP: 000000000<br>LEI: 529900IRBZTADXJB6757 | Long             | EC               | CORP              | DE        |     70109 | NS      | $2417733.32   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| VAT Group AG                        | VAT Group AG                        | CUSIP: 000000000<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |      6108 | NS      | $3810425.51   | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** COLUMBIA FUNDS VARIABLE SERIES TRUST

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager