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Q2 | JUNE 30, 2015 COLUMBIA TRUST LARGE CAP INDEX FUND Strategy Investment Objective The fund invests in stocks included in the Standard & Poor’s 500 Stock Index. The fund may also invest in stock index futures contracts and in money market instruments. Approximate the return of the S&P 500 Stock Index Portfolio Management Process Christopher Lo Vadim Shteyn A passive investment approach strives to replicate the composition of the index, resulting in a broadly diversified, blended portfolio of growth and value stocks with low turnover. CUSIP Average Annual Total Returns (%) Inception date 3-mo. YTD (cum.) (cum.) 1year 3year 5year 10year Base Fund Fund A Fund B Since Inception 03077K859 03077K826 03077K842 Base Fund 03/09/92 0.27 1.23 7.49 17.34 17.38 8.00 9.48 Fund C Sub-Fund A Sub-Fund B Sub-Fund C 03/09/92 03/09/92 03/31/92 0.24 0.22 0.18 1.19 1.12 1.06 7.40 17.22 17.27 7.90 7.27 17.09 17.14 7.79 7.12 16.92 16.97 7.63 9.37 9.22 9.09 03077K834 0.28 1.23 7.42 17.31 17.34 7.89 — S&P 500 Index Portfolio Characteristics The performance information shown represents past performance and does not guarantee future results. The investment return and principal value of your investment will fluctuate so that your units, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information shown. Base Fund 03/09/92 Fiscal year end 12/31/15 Total net assets (all classes, $m) 217 Number of holdings 502 Market cap (weighted median, $m) Calendar-Year Total Returns (%) 2014 13.73 Fund inception 2013 32.40 2012 16.12 2011 2.15 2010 15.39 Sub-Fund A Sub-Fund B Sub-Fund C 13.61 13.50 13.32 32.27 32.12 31.94 16.00 15.86 15.70 2.04 1.95 1.79 15.27 15.16 14.98 S&P 500 Index 13.69 32.39 16.00 2.11 15.06 Price/earnings (weighted average, trailing 12 months) Price/book (weighted average) 80,476 18.79 2.47 Turnover rate (fiscal year end, %) 4 Ameriprise Trust Company collective funds are maintained by Ameriprise Trust Company, a Minnesota state chartered trust company and distributed by Columbia Management Investment Distributors, Inc., member FINRA. Columbia Management Investment Advisers, LLC (“CMIA”) provides investment advice for certain of these funds in a subadvisory capacity. These companies are part of Ameriprise Financial, Inc. When making decisions about investing in your plan, you should carefully consider the investment objectives, risks, charges, and expenses of the fund. Christopher Lo and Vadim Shteyn are employees of CMIA, which acts as a sub-adviser of the fund. Price-to-book ratio is a stock’s price divided by its book value, and may help determine if it is valued fairly. Price-to-earnings ratio is a stock’s price divided by after-tax earnings over a trailing 12-month period, which serves as an indicator of value based on earnings. An index is not professionally managed, does not have a defined investment objective, and does not incur fees or expenses. Therefore, performance of an index fund will generally be less than its benchmark index. The Standard and Poor’s (S&P) 500 Index is an unmanaged index that tracks the performance of 500 widely held, large-capitalization U.S. stocks. It is not possible to invest directly in an index. Performance for the base fund is net of trading expenses, audit fees, and other fund expenses but does not factor in trustee/investment management fees. The sub-funds invest exclusively in units of the base fund. Historical performance for each of the sub-funds is based on the base fund; however, such performance includes all applicable fund fees and expenses. © 2015 Columbia Management Investment Advisers, LLC. All rights reserved. 225 Franklin Street, Boston, MA 02110-2804 800.215.5005 columbiathreadneedle.com/us Not FDIC insured • No bank guarantee • May lose value Q2 | JUNE 30, 2015 COLUMBIA TRUST LARGE CAP INDEX FUND Fees and Expenses Asset Allocation (% net assets) Minimum Investment ($m) $— .000% Admin Services Fee .000% .000% Gross Expense Ratio .000% Fund A 5 .100 .000 .000 .100 .100 Fund B 5 .100 .100 .010 .210 .210 Fund C 5 .100 .250 .010 .360 .360 Base Fund Trustee fee Other Fees Net Expense Ratio .000% Fees and Expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions. The cumulative fees and expenses can reduce the growth of the participant’s or beneficiary’s retirement savings. Visit the Department of Labor’s Web site: http://www.dol.gov/ebsa/publications/ 401k_employee.html for an example showing the long term effect of fees and expenses. Total Annual Operating Expenses are deducted daily from the Fund’s net asset value (NAV) and reduce the rate of return of the investment. All fees are based on a 12-month period ended 12/31/2014 unless otherwise noted. For funds with inception dates in the past 12 months, fees have been annualized. Expenses other than trustee fees and administrative services fee may increase or decrease in future without notice. Trustee fees relate to investment management and other trustee services provided by Ameriprise Trust Company to the fund and are as of the fund’s most recent offering documents. Administrative services fees are paid to the plan’s service providers at the direction of the plan. Other fees are additional expenses paid by the fund in accordance with the offering documents, including but not limited to audit fees, acquired fund fees (fees that apply to the fund’s investments in underlying pooled vehicles) and external management fee if any. Net expense ratio includes adjustments from voluntary fee waivers and/or expense reimbursements. These voluntary arrangements may be modified or rescinded by the Trustee at any time without notice. Top Sectors (% of investments) 20 19.6 19.6 16.6 16.6 15.4 15.4 12.8 12.8 12 10.1 10.1 8 4 0 Information Technology Financials 2.9 Domestic Stock Foreign Stock Cash and Cash Equivalents 92.5 Risk: 3 Years Relative to S&P 500 Index Alpha 0.02 Beta R-squared (%) Sharpe ratio 1.00 1.00 2.05 Standard deviation (%) 8.44 Top Holdings (% net assets) Fund S&P 500 16 4.7 Health Care Consumer Discretionary Industrials Apple 3.8 Microsoft 1.9 Exxon Mobil Corporation 1.9 Johnson & Johnson 1.4 General Electric 1.4 Wells Fargo & Company 1.4 JPMorgan Chase & Co 1.3 Berkshire Hathaway Inc-Cl B 1.3 Procter & Gamble 1.1 Pfizer 1.1 § Holdings are shown in descending order of value and exclude short-term holdings and cash, if applicable. Fund holdings are as of the date given, are subject to change at any time, and are not recommendations to buy or sell any security. Alpha measures the relationship between the portfolio’s performance and its beta over a three-year period. Alpha greater than 0.0 means an investment has performed better than the compared index given its level of risk. It can be viewed as a measure of the value added by the portfolio manager. Beta measures a fund’s risk relative to its benchmark. A beta of 1.00 indicates that the fund is as volatile as its benchmark. R-squared ranges from 0.00 to 1.00 and tells what percentage of an investment’s movements is explained by movements in its benchmark index. Sharpe ratio divides an investment’s return in excess of the 90-day Treasury bill by the investment’s standard deviation to measure risk-adjusted performance. Standard deviation is a statistical measure of the degree to which an individual value in a probability distribution tends to vary from the mean of the distribution. Diversification does not assure a profit or protect against loss. Percentages may not add up to 100 due to rounding. International investing involves increased risk and volatility due to potential political and economic instability, currency fluctuations, and differences in financial reporting and accounting standards and oversight. Risks are particularly significant in emerging markets. This fund is a collective fund, which is available only to participants of qualified employee benefit plans. The price and performance of this fund are generally not publicly reported. There is also no guarantee this fund will achieve its objective. This material is provided to plan sponsors and their third-party intermediaries for informational purposes only. To the extent any such recipient chooses to further disseminate this material to plan participants, Ameriprise Trust Company and its affiliates assume no responsibility for compliance with any laws and rules associated with such further dissemination. Furthermore, receipt of this material by a plan participant does not establish a relationship between any such plan participant and Ameriprise Trust Company or any of its affiliates. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.