Tri-Continental Corporation Holds 92nd Annual Meeting of Stockholders

Rhea-AI Summary

Tri-Continental Corporation (NYSE: TY) held its 92^nd Annual Meeting of Stockholders in Minneapolis, Minnesota. Stockholders elected Directors Douglas A. Hacker and Daniel J. Beckman, and re-elected Minor M. Shaw and Sandra L. Yeager, all serving until the 2025 Annual Meeting. Additionally, they ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2022. The Corporation is managed by Columbia Management Investment Advisers, LLC, and potential investors are urged to review the investment objectives, risks, and expenses associated with the Corporation.

Positive

• Election of two new Directors and re-election of two others enhances governance.
• Ratification of PricewaterhouseCoopers LLP as auditor reflects confidence in financial oversight.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today held its 92^nd Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders voted in favor of the recommendations of the Corporation’s Board of Directors (the “Board”) on each of two proposals at the Meeting.

Specifically, Stockholders elected two Directors, Messrs. Douglas A. Hacker and Daniel J. Beckman, and re-elected two other Directors, Mses. Minor M. Shaw and Sandra L. Yeager, to the Board, each for a term that will expire at the Corporation’s 2025 Annual Meeting of Stockholders. Stockholders also ratified the Board’s selection of PricewaterhouseCoopers LLP as the Corporation’s independent registered public accounting firm for 2022.

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 www.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.

© 2022 Columbia Management Investment Advisers, LLC. All rights reserved.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220621005935/en/

Stockholder contact:

Kevin Howley

617-385-9517

kevin.howley@columbiathreadneedle.com

Media contact:

Elizabeth Kennedy

617-897-9394

liz.kennedy@ampf.com

Source: Tri-Continental Corporation

FAQ

What were the results of Tri-Continental Corporation's annual meeting on NYSE:TY?

At Tri-Continental Corporation's annual meeting, stockholders elected two new Directors and re-elected two existing Directors.

Who were elected as Directors at the Tri-Continental Corporation meeting?

Douglas A. Hacker and Daniel J. Beckman were elected, while Minor M. Shaw and Sandra L. Yeager were re-elected.

What accounting firm was ratified by Tri-Continental Corporation for 2022?

PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for 2022.

What is the significance of the Directors' election for NYSE:TY?

The election and re-election of Directors at Tri-Continental Corporation enhances governance and strategic oversight.