Tri-Continental Corporation declared a total long-term capital gain distribution of $0.0434 per share of Common Stock. Distributions on Common Stock will be paid on June 21, 2023 to Common Stockholders of record on June 12, 2023. The ex-dividend date is June 9, 2023.

The capital gain distribution, being a special distribution, will be paid in stock except that any stockholder of record as of June 12, 2023, may elect to receive such distribution as follows: 75% in shares and 25% in cash; 50% in shares and 50% in cash; or 100% in cash.