12b-1 Schedule – CFVST II
Schedule A
Effective July 1, 2024
| | | | | | |
Funds | | Classes |
| | Class 2 | | Class 3 | | Class 4 |
| Columbia Funds Variable Series Trust II | | | | | | |
| Columbia Variable Portfolio – Balanced Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Commodity Strategy Fund | | Class 2 | | — | | — |
| Columbia Variable Portfolio – Disciplined Core Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Dividend Opportunity Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Emerging Markets Bond Fund | | Class 2 | | — | | — |
| Columbia Variable Portfolio – Emerging Markets Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Global Strategic Income Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Government Money Market Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – High Yield Bond Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Income Opportunities Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Intermediate Bond Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Large Cap Growth Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Large Cap Index Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Limited Duration Credit Fund | | Class 2 | | — | | — |
| Columbia Variable Portfolio – Overseas Core Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Select Large Cap Equity Fund | | Class 2 | | — | | — |
| Columbia Variable Portfolio – Select Large Cap Value Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Select Mid Cap Growth Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Select Mid Cap Value Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio – Select Small Cap Value Fund | | Class 2 | | Class 3 | | — |
| Columbia Variable Portfolio—Seligman Global Technology Fund | | Class 2 | | — | | — |
| Columbia Variable Portfolio—U.S. Government Mortgage Fund | | Class 2 | | Class 3 | | — |
| CTIVP® – American Century Diversified Bond Fund | | Class 2 | | — | | — |
| CTIVP® – BlackRock Global Inflation-Protected Securities Fund | | Class 2 | | Class 3 | | — |
| CTIVP® – CenterSquare Real Estate Fund | | Class 2 | | — | | — |
| CTIVP® – MFS® Value Fund | | Class 2 | | — | | — |
| CTIVP® – Principal Blue Chip Growth Fund | | Class 2 | | — | | — |
| CTIVP® – T. Rowe Price Large Cap Value Fund | | Class 2 | | — | | — |
| CTIVP® – TCW Core Plus Bond Fund | | Class 2 | | — | | — |
| CTIVP® – Victory Sycamore Established Value Fund | | Class 2 | | Class 3 | | — |
| CTIVP® – Westfield Mid Cap Growth Fund | | Class 2 | | — | | — |
| CTIVP® – Westfield Select Large Cap Growth Fund | | Class 2 | | | | |
| Variable Portfolio – Aggressive Portfolio | | Class 2 | | — | | Class 4 |
| Variable Portfolio – Conservative Portfolio | | Class 2 | | — | | Class 4 |
| Variable Portfolio – Managed Volatility Moderate Growth Fund | | Class 2 | | — | | — |
| Variable Portfolio – Moderate Portfolio | | Class 2 | | — | | Class 4 |
| Variable Portfolio – Moderately Aggressive Portfolio | | Class 2 | | — | | Class 4 |
| Variable Portfolio – Moderately Conservative Portfolio | | Class 2 | | — | | Class 4 |
| Variable Portfolio – Partners Core Bond Fund | | Class 2 | | — | | — |
| Variable Portfolio – Partners Core Equity Fund | | Class 2 | | | | |
| Variable Portfolio – Partners International Core Equity Fund | | Class 2 | | | | |
| Variable Portfolio – Partners International Growth Fund | | Class 2 | | | | |
| Variable Portfolio – Partners International Value Fund | | Class 2 | | | | |
| Variable Portfolio – Partners Small Cap Growth Fund | | Class 2 | | — | | — |
| Variable Portfolio – Partners Small Cap Value Fund | | Class 2 | | Class 3 | | — |
12b-1 Schedule – CFVST II
Fee Schedule
The maximum fee for services under this Plan and Agreement shall be the lesser of the amount of expenses eligible for reimbursement (including any unreimbursed expenses) or a rate equal on an annual basis to the percentage of the average daily net assets of the Fund attributable to the applicable class as set forth in the table below (the “Lesser of Methodology”). The Lesser of Methodology shall be determined and applied on a quarterly basis by computing the amount of actual fees and expenses accrued during the prior quarter (for each share class of each Fund) that were eligible to be paid under Section 3 of the Plan (i.e., the “expenses eligible for reimbursement”) and comparing that amount to the flat rate for the applicable Class. If the flat rate exceeds the expenses eligible for reimbursement, then, based on the Lesser of Methodology, the maximum 12b-1 fee amount accrued for such Class is applied on a going forward basis to reflect the actual amount of expenses eligible for reimbursement for the prior quarter. This determination and calculation is re-applied each subsequent quarter. The frequency of application of the methodology (currently, quarterly) may be revised by the Distributor at any time, after consultation with the Board.
| | | | |
Class | | Fee | |
Class 2 | | | 0.25 | % |
Class 3 | | | 0.125 | % |
Class 4 | | | 0.25 | % |
Payments under the Plan and Agreement shall be made within five (5) business days after the last day of each month. At the end of each calendar year, Columbia Management Investment Distributors shall furnish a declaration setting out the actual expenses it has paid and accrued. Any money that has been paid in excess of the amount of these expenses shall be returned to the Funds.
12b-1 Schedule – CFVST II
IN WITNESS THEREOF, the parties hereto have executed the foregoing Schedule A as of June 27, 2024.
COLUMBIA FUNDS VARIABLE SERIES TRUST II
| | |
| By: | | /s/ Daniel J. Beckman |
| Name: | | Daniel J. Beckman |
| Title: | | President |
COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.
| | |
| By: | | /s/ Marc Zeitoun |
| Name: | | Marc Zeitoun |
| Title: | | Vice President and Head of |
North America Product |
