HOLDCO ASSET MANAGEMENT RELEASES PRESENTATION PREVIOUSLY PROVIDED TO THE BOARD OF DIRECTORS OF COLUMBIA BANKING SYSTEM, INC. ON SEPTEMBER 14, 2025

Rhea-AI Summary

HoldCo Asset Management released a follow-up presentation to the Board of Directors of Columbia Banking System (NASDAQ: COLB) on Oct 29, 2025. HoldCo, which manages approximately $2.6 billion in regulatory assets under management, attached the presentation that was previously provided to the board on Sept 14, 2025 titled "Failed Gambles Borne Solely By Owners – Protective Covenants Needed."

The presentation is publicly available at https://holdcoam.co/COLB. HoldCo disclosed it owns common stock of Columbia Banking System and therefore has an economic interest in COLB share price.

FORT LAUDERDALE, Fla., Oct. 29, 2025 /PRNewswire/ -- Today, HoldCo Asset Management, LP ("HoldCo"), a Florida-based investment firm managing approximately $2.6 billion in regulatory assets under management, released a follow-up presentation to the Board of Directors of Columbia Banking System, Inc., attaching a copy of the presentation previously provided to the Board of Directors on September 14, 2025 entitled "Failed Gambles Borne Solely By Owners – Protective Covenants Needed."

The presentation may be found at the following link:

https://holdcoam.co/COLB

In the presentation, HoldCo disclosed that it owns common stock of Columbia Banking System, Inc. (NASDAQ Global Select Market: COLB) and consequently has an economic interest in the price of these securities.

About HoldCo Asset Management, LP

HoldCo Asset Management, LP is an investment adviser located in Fort Lauderdale, Florida. HoldCo was founded by Vik Ghei and Misha Zaitzeff. HoldCo currently has approximately $2.6 billion of regulatory assets under management.  

Disclaimer

As of the publication date of this report, a fund managed by HoldCo has a long position in Columbia Banking System, Inc. through ownership of its common stock. HoldCo may change its views about its investment positions in Columbia Banking System, Inc. at any time, for any reason or no reason, and at any time may change the form or substance of any of its related or unrelated investment positions. If it does so, it will not be under obligation to inform anyone and does not intend to do so unless required by law.

All content in this press release and referenced presentations represent the opinions of HoldCo and are for discussion and general information purposes only. HoldCo has obtained all information herein from publicly available sources, and such information is presented "as is," without warranty of any kind whether express or implied. All data and other information are not warranted as to completeness or accuracy and reflect HoldCo's views as of this date, all of which are accordingly subject to change without notice.

This document is not intended to be, nor should it be construed as, a marketing or solicitation vehicle for HoldCo or any fund managed by HoldCo, and it is not investment advice, an investment recommendation, or an offer to buy or sell or the solicitation of an offer to buy or sell any securities, including without limitation any interests in a fund managed by and/or associated with HoldCo. Any offer or solicitation may only be made pursuant to a private placement memorandum, agreement of limited partnership, or similar or related documents, which will only be provided to qualified offerees and should be reviewed carefully and in their entirety by any such offerees prior to making or considering a decision to invest in any HoldCo managed fund.

The information contained in this document may include, or incorporate by reference, forward-looking statements, which would include any statements that are not statements of historical fact. These forward-looking statements may turn out to be wrong and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors. There can be no assurance that forward-looking statements will materialize or that actual results will not be materially different than those presented.

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SOURCE HOLDCO ASSET MANAGEMENT

FAQ

What did HoldCo Asset Management release about Columbia Banking System (COLB) on Oct 29, 2025?

HoldCo released a follow-up presentation to Columbia Banking System's board, attaching the Sept 14, 2025 presentation titled "Failed Gambles Borne Solely By Owners – Protective Covenants Needed."

How much assets under management does HoldCo Asset Management report in the Oct 29, 2025 release?

The release states HoldCo manages approximately $2.6 billion in regulatory assets under management.

Where can investors read the HoldCo presentation about COLB dated Sept 14, 2025?

The presentation is available at https://holdcoam.co/COLB as noted in the Oct 29, 2025 release.

Did HoldCo disclose an ownership stake in Columbia Banking System (COLB)?

Yes. HoldCo disclosed it owns common stock of Columbia Banking System and has an economic interest in COLB shares.

What is the significance of the Sept 14, 2025 presentation title for COLB shareholders?

The title signals HoldCo's advocacy for protective covenants and indicates a critical investor presentation addressed to the board on Sept 14, 2025.

Will the Oct 29, 2025 HoldCo release change COLB investor filings or financial guidance?

The release is a presentation disclosure and does not state any changes to Columbia Banking System's financial guidance or filings.