EX-99.(M)(1)(I) 10 d104992dex99m1i.htm (M)(1)(I) SCHEDULE A (6-17-2020) TO 12B-1 PLAN (m)(1)(i) Schedule A (6-17-2020) to 12b-1 Plan

12b-1 Schedule – CFVST II

Schedule A

Effective June 17, 2020

 

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 – Mid Cap Growth Fund

     Class 2        Class 3        —    

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 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® – Loomis Sayles Growth Fund

     Class 2        —          —    

CTIVP® – Los Angeles Capital Large Cap Growth Fund

     Class 2        —          —    

CTIVP® – MFS® Value Fund

     Class 2        —          —    

CTIVP® – Morgan Stanley Advantage 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® – Wells Fargo Short Duration Government Fund

     Class 2        —          —    

CTIVP® – Westfield Mid 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 17, 2020.

 

COLUMBIA FUNDS VARIABLE SERIES TRUST II
By:  

/s/ Christopher O. Petersen

Name:   Christopher O. Petersen
Title:   President
COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.
By:  

/s/ Daniel J. Beckman

Name:   Daniel J. Beckman
Title:   Vice President and Head of U.S. Retail Product