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Tri-Continental Corporation Announcements Regarding 91st Annual Meeting of Stockholders

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The Board of Directors of Tri-Continental Corporation (NYSE: TY) announced that the 91st Annual Meeting of Stockholders will occur virtually on June 11, 2021. The record date for stockholder eligibility is set for April 20, 2021. Stockholders will vote on the election of two directors, re-election of three directors, and the ratification of PricewaterhouseCoopers LLP as the independent accounting firm for fiscal year 2021. Further details will be provided in a proxy statement to be filed with the SEC.

Positive
  • Two new directors to be elected, enhancing board diversity and expertise.
  • Ratification of PricewaterhouseCoopers LLP as the independent auditor may instill investor confidence.
Negative
  • None.

The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation’s 91st Annual Meeting of Stockholders will be held virtually on June 11, 2021 (the Meeting). The close of business on April 20, 2021 has been fixed by the Corporation’s Board as the record date for the determination of Stockholders entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.

At the Meeting, Stockholders will be asked to elect two directors, Ms. Sandra Yeager and Mr. Christopher O. Petersen, to the Board, each to hold office until the 2022 Annual Meeting of Stockholders, and to re-elect three other directors, Mses. Kathleen Blatz and Pamela G. Carlton and Mr. George S. Batejan, to the Board, each to hold office until the 2024 Annual Meeting of Stockholders, and all until their successors are elected and qualify; to consider the ratification of the Board’s selection of PricewaterhouseCoopers LLP as the Corporation’s independent registered public accounting firm for the 2021 fiscal year; and to consider such other matters as may properly come before the Meeting or any postponement or adjournment thereof. This and other information relating to the Meeting, including additional details of the Meeting time and how to access the Meeting, will be described in a notice of meeting and proxy statement that the Corporation intends to file with the Securities and Exchange Commission.

The Corporation is managed by Columbia Management Investment Advisers, LLC. This material is distributed by Columbia Management Investment Distributors, Inc., member FINRA.

Investors should consider the investment objectives, risks, charges, and expenses of the Corporation carefully before investing. A prospectus containing information about the Corporation (including its investment objectives, risks, charges, expenses, and other information about the Corporation) may be obtained by contacting your financial advisor or visiting columbiathreadneedleus.com. The prospectus should be read carefully before investing in the Corporation. For more information, please call 1-800-345-6611 or visit columbiathreadneedleus.com.

Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

© 2021 Columbia Management Investment Advisers, LLC. All rights reserved.

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FAQ

When is the Tri-Continental Corporation Annual Meeting for 2021?

The Annual Meeting will be held virtually on June 11, 2021.

What is the record date for stockholders of Tri-Continental Corporation?

The record date for stockholders is set for April 20, 2021.

Who are the directors up for election at Tri-Continental Corporation's 2021 Annual Meeting?

Ms. Sandra Yeager and Mr. Christopher O. Petersen are up for election, along with the re-election of Mses. Kathleen Blatz and Pamela G. Carlton and Mr. George S. Batejan.

What firm will be ratified as the independent auditor for Tri-Continental Corporation?

PricewaterhouseCoopers LLP is to be ratified as the independent registered public accounting firm for the 2021 fiscal year.

Where can I find more information about Tri-Continental Corporation's Annual Meeting?

Additional information will be available in the notice of meeting and proxy statement, filed with the SEC.

TRI-Continental Corporation

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