Tri-Continental Distribution Policy and History

Tri-Continental Corporation ("the Corporation") has an earned distribution policy. Tri-Continental intends to make distributions to stockholders that are approximately equal to all distributions received from Tri-Continental's underlying portfolio investments, less expenses and dividends payable on Tri-Continental's preferred stock.

Distribution History

YEAR	INCOME	CAP GAINS	RETURN OF CAPITAL	TOTAL
1980	$1.14	$1.08	$0.00	$2.22
1981	$1.15	$1.64	$0.00	$2.79
1982	$1.08	$2.72	$0.00	$3.80
1983	$1.09	$1.48	$0.00	$2.57
1984	$1.13	$4.46	$0.00	$5.59
1985	$1.04	$2.40	$0.00	$3.44
1986	$0.97	$6.96	$0.00	$7.93
1987	$0.89	$3.73	$0.00	$4.62
1988	$0.81	$1.25	$0.00	$2.06
1989	$0.84	$2.55	$0.00	$3.39
1990	$0.86	$1.60	$0.00	$2.46
1991	$0.78	$1.80	$0.00	$2.58
1992	$0.78	$0.70	$0.00	$1.48
1993	$0.80	$1.80	$0.00	$2.60
1994	$0.79	$1.90	$0.00	$2.69
1995	$0.73	$2.01	$0.00	$2.74
1996	$0.66	$2.72	$0.00	$3.38
1997	$0.60	$3.45	$0.00	$4.05
1998	$0.52	$4.28	$0.00	$4.80
1999	$0.48	$3.79	$0.00	$4.27
2000	$0.33	$3.30	$0.00	$3.63
2001	$0.28	$1.11	$0.00	$1.39
2002	$0.26	$0.00	$0.00	$0.26
2003	$0.17	$0.00	$0.00	$0.17
2004	$0.23	$0.00	$0.00	$0.23
2005	$0.24	$0.00	$0.00	$0.24
2006	$0.28	$0.00	$0.00	$0.28
2007	$0.87	$1.57	$0.00	$2.44
2008	$0.50	$0.39	$1.22	$2.11
2009	$0.17	$0.00	$0.02	$0.19
2010	$0.25	$0.00	$0.00	$0.25
2011	$0.275	$0.00	$0.00	$0.275
2012	$0.60	$0.00	$0.00	$0.60
2013	$0.676	$0.00	$0.00	$0.676
2014	$0.75	$0.00	$0.00	$0.75
2015	$0.81	$0.00	$0.00	$0.81
2016	$0.91	$0.00	$0.00	$0.91
2017	$1.07	$0.10	$0.00	$1.17
2018	$0.96	$0.95	$0.00	$1.91
2019	$1.016	$0.918	$0.00	$1.934
2020	$1.0657	$0.5698	$0.00	$1.6355
2021	$1.0549	$3.6352	$0.00	$4.6901
2022	$1.0828	$1.1502	$0.00	$2.2330
2023	$1.1136	$0.1444	$0.00	$1.2580

Disclosures

The net asset value of shares may not always correspond to the market price of such shares. Common stock of many closed-end funds frequently trade at a discount from their net asset value. The Corporation is subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in the Corporation.

There is no guarantee that the Corporation's investment goals/objectives will be met or that distributions will be made, and you could lose money.

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