Columbia Seligman Premium Technology Growth Fund, Inc.

Item 1. Reports to Stockholders.

Columbia Seligman Premium

Technology Growth Fund, Inc.

Semiannual Report

June 30, 2025 (Unaudited)

Not FDIC or NCUA Insured

No Financial Institution Guarantee

May Lose Value

(Unaudited)

Under the managed distribution policy of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) and subject

to the approval of the Fund’s Board of Directors (the Board), the Fund expects to make quarterly cash distributions (in

February, May, August and November) to holders of common stock (Common Stockholders). The Fund’s most recent

distribution under its managed distribution policy (paid on August 26, 2025) amounted to $0.4625 per share, which is equal

to a quarterly rate of 1.4871% (5.95% annualized) of the Fund’s market price of $31.10 per share as of July 31, 2025. You

should not draw any conclusions about the Fund’s investment performance from the amount of the distributions or from the

terms of the Fund’s managed distribution policy. Historically, the Fund has at times distributed more than its income and net

realized capital gains, which has resulted in Fund distributions substantially consisting of return of capital or other capital

source. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back

to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be

confused with ‘yield’ or ‘income’. The Fund’s Board may determine in the future that the Fund’s managed distribution policy

and the amount or timing of the distributions should not be continued in light of changes in the Fund’s portfolio holdings,

market or other conditions or factors, including that the distribution rate under such policy may not be dependent upon the

amount of the Fund’s earned income or realized capital gains. The Board could also consider amending or terminating the

current managed distribution policy because of potential adverse tax consequences associated with maintaining the policy.

In certain situations, returns of capital could be taxable for federal income tax purposes, and all or a portion of the Fund’s

capital loss carryforwards from prior years, if any, could effectively be forfeited. The Board may amend or terminate the

Fund’s managed distribution policy at any time without prior notice to Fund stockholders; any such change or termination

may have an adverse effect on the market price of the Fund’s shares.

See Notes to Financial Statements for additional information related to the Fund’s managed distribution policy.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Table of Contents

Fund at a Glance	2
Fund Investment Objective, Strategies, Policies and Principal Risks	4
Fees and Expenses, and Share Price Data	13
Portfolio of Investments	15
Statement of Assets and Liabilities	19
Statement of Operations	20
Statement of Changes in Net Assets	21
Financial Highlights	22
Notes to Financial Statements	24
Approval of Management Agreement	38
Results of Meeting of Stockholders	40

Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) mails one stockholder report to each stockholder

address. If you would like more than one report, please call shareholder services at 800.937.5449 and additional reports will

be sent to you.

Proxy voting policies and procedures

The policy of the Board is to vote the proxies of the companies in which the Fund holds investments consistent with the

procedures that can be found by visiting

columbiathreadneedleus.com/investor/

. Information regarding how the Fund voted

proxies relating to portfolio securities is filed with the SEC by August 31 for the most recent 12-month period ending June 30

of that year, and is available without charge by visiting

columbiathreadneedleus.com/investor/

; or searching the website of

the SEC at

sec.gov

Quarterly schedule of investments

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on

Form N-PORT. The Fund’s Form N-PORT filings are available on the SEC’s website at

sec.gov

. The Fund’s complete schedule

of portfolio holdings, as filed on Form N-PORT, can also be obtained without charge, upon request, by calling 800.937.5449.

Additional Fund information

For more information, go online to

columbiathreadneedleus.com/investor/

; or call Equiniti Trust Company, LLC, the Fund’s

Stockholder Servicing and Transfer Agent, at 866.666.1532. Customer Service Representatives are available to answer your

questions Monday through Friday from 8 a.m. to 8 p.m. Eastern time.

Fund investment manager

Columbia Management Investment Advisers, LLC (the Investment Manager)

290 Congress Street

Boston, MA 02210

Fund transfer agent

Equinity Trust Company, LLC

6201 15th Avenue

Brooklyn, NY 11219

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund at a Glance

(Unaudited)

Portfolio management

Paul Wick

Lead Portfolio Manager

Managed Fund since 2009

Braj Agrawal

Co-Portfolio Manager

Managed Fund since 2010

Christopher Boova

Co-Portfolio Manager

Managed Fund since 2016

Jeetil Patel

Technology Team Member

Managed Fund since 2015

Vimal Patel

Technology Team Member

Managed Fund since 2018

Shekhar Pramanick

Technology Team Member

Managed Fund since 2018

Price Per Share
	June 30, 2025	March 31, 2025	December 31, 2024
Market Price ($)	30.41	27.98	31.95
Net Asset Value ($)	29.95	27.53	31.84

Distributions Paid Per Common Share
Payable Date	Per Share Amount ($)
January 21, 2025	3.2669 (a)
February 25, 2025	0.4625
May 27, 2025	0.4625

(a) The Fund paid this special 2024 fourth quarter distribution beyond its typical quarterly managed distribution

policy to stockholders of record on December 16, 2024.

The net asset value of the Fund’s 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 Fund 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 Fund.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund at a Glance

(continued)

(Unaudited)

The tables below show the investment makeup of the Fund represented as a percentage of Fund net assets as of June 30,

2025. Derivatives are excluded from the tables unless otherwise noted. The Fund’s portfolio composition is subject to

change.

Top Holdings
NVIDIA Corp.	6.3 %
Broadcom, Inc.	6.2 %
Lam Research Corp.	6.1 %
Microsoft Corp.	5.5 %
Bloom Energy Corp., Class A	4.8 %
Alphabet, Inc., Class A	4.1 %
Applied Materials, Inc.	3.4 %
Apple, Inc.	3.3 %
Visa, Inc., Class A	2.9 %
Oracle Corp.	2.7 %

Equity Sector Allocation
Information Technology	69.9 %
Communication Services	13.9 %
Financials	6.5 %
Industrials	6.4 %
Consumer Discretionary	3.0 %

Information Technology Sub-industry Allocation
Semiconductors	22.6 %
Systems Software	13.5 %
Semiconductor Materials & Equipment	11.2 %
Technology Hardware, Storage & Peripherals	8.9 %
Application Software	5.4 %
Communications Equipment	3.6 %
Internet Services & Infrastructure	3.1 %
Electronic Equipment & Instruments	1.1 %
Other	0.5 %

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(Unaudited)

Fund Investment Objective

The Fund’s investment objective is to seek growth of capital and current income. The Fund’s investment objective is

non-fundamental and may be changed by the Board without approval of the Fund’s stockholders.

Fund Investment Strategies and Policies

Under normal market conditions, the Fund invests at least 80% of its “Managed Assets” (as defined below) in a portfolio of

equity securities of technology and technology-related companies that Columbia Management Investment Advisers, LLC

(the Investment Manager) believes offer attractive opportunities for capital appreciation. Under normal market conditions,

the Fund’s investment program consists primarily of (i) investing in a portfolio of common stocks of technology and

technology-related companies that seeks to exceed the total return, before fees and expenses, of the S&P North American

Technology Sector Index (described further below) and (ii) writing call options on the NASDAQ 100 Index

, an unmanaged

index of the 100 largest non-financial domestic and international companies listed on the NASDAQ Stock Market based on

market capitalization, or an exchange-traded fund (ETF) equivalent (the NASDAQ 100) on a month-to-month basis, with an

aggregate notional amount typically ranging from 0%-90% of the underlying value of the Fund’s holdings of common stock

(the Rules-based Option Strategy, as further described below). The Fund expects to generate current income from premiums

received from writing call options on the NASDAQ 100. The Fund concentrates its investments in technology and

technology-related stocks. The Fund may invest in companies of any size, including small-, mid-, and large-cap companies,

as well as foreign companies.

Technology and technology-related companies in which the Fund invests are companies operating in the information

technology and communications services sectors, as well as other related industries, applying a global industry

classification standard, as it may be amended from time to time, to determine industry/sector classifications. These related

industry companies may also include companies operating in the consumer discretionary and healthcare sectors,

particularly those that are principally engaged in offering or developing products, processes, or services that benefit

significantly from technological advances and improvements. By way of example, technology and technology-related

companies may include semiconductor, semiconductor equipment, technology hardware, storage and peripherals, software,

communication equipment and services, electronic equipment and instruments, internet services and infrastructure, media,

health care equipment and supplies, and medical technology companies. The Fund tends to focus its technology and

technology-related investments on companies in the information technology sector and/or the semiconductor and

semiconductor equipment industry.

In determining the level (i.e., 0% to 90%) of call options to be written on the NASDAQ 100, the Investment Manager’s

Rules-based Option Strategy is based on the CBOE NASDAQ-100 Volatility Index

(the VXN Index). The VXN Index

measures the market’s expectation of 30-day volatility implicit in the prices of near-term NASDAQ 100 Index options. The

VXN Index, which is quoted in percentage points (e.g., 19.36), is a leading barometer of investor sentiment and market

volatility relating to the NASDAQ 100 Index. In general, the Investment Manager intends to write more call options when

market volatility, as represented by the VXN Index, is high (and premiums received for writing the option are high) and write

fewer call options when market volatility, as represented by the VXN Index, is low (and premiums for writing the option are

low).

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

The Fund’s Rules-based Option Strategy with respect to writing call options is as follows:

When the VXN Index is:	Aggregate Notional Amount of Written Call Options as a Percentage of the Fund’s Holdings in Common Stocks
17 or less	25%
Greater than 17, but less than 18	Increase up to 50%
At least 18, but less than 33	50%
At least 33, but less than 34	Increase up to 90%
At least 34, but less than 55	90%
At 55 or greater	0% to 90%

In addition to the Rules-based Option Strategy, the Fund may write additional calls with aggregate notional amounts of up to

25% of the value of the Fund’s holdings in common stock (to a maximum of 90% when aggregated with the call options

written pursuant to the Rules-based Option Strategy) when the Investment Manager believes call premiums are attractive

relative to the risk of the price of the NASDAQ 100. The Fund may also close (or buy back) a written call option if the

Investment Manager believes that a substantial amount of the premium (typically, 70% or more) to be received by the Fund

has been captured before exercise, potentially reducing the call position to 0% of total equity until additional calls are written.

The Fund, subject to the above-mentioned aggregate notional amount of 90% of the underlying value of the Fund’s holdings

of common stock, may also buy or write other call and put options on securities, indices, ETFs and market baskets of

securities to generate additional income or return or to provide the portfolio with downside protection.

The S&P North American Technology Sector Index is a benchmark that represents U.S. securities classified under the GICS

information technology sector as well as the internet and direct marketing retail, interactive home entertainment, and

interactive media and services sub-industries.

The Fund’s investment policy of investing at least 80% of its Managed Assets in equity securities of technology and

technology-related companies and its policy with respect to the use of the Rules-based Option Strategy on a month-to-month

basis may be changed by the Board without stockholder approval only with 60 days’ prior written notice to

stockholders.

The Fund is a non-diversified fund. A non-diversified fund is permitted to invest a greater percentage of its total assets in

fewer issuers than a diversified fund. This policy may not be changed without a stockholder vote.

The Fund has a fundamental policy of investing at least 25% of the value of its Managed Assets in technology and

technology-related stocks. This policy may not be changed without a stockholder vote.

The Fund may also invest: up to 15% of its Managed Assets in illiquid securities (i.e., securities that at the time of purchase

are not readily marketable); up to 20% of its Managed Assets in debt securities (including convertible and non-convertible

debt securities), such as debt securities issued by technology and technology-related companies and obligations of the

U.S. Government, its agencies and instrumentalities, and government-sponsored enterprises, as well as below-investment

grade securities (i.e., high-yield or junk bonds); and up to 25% of its Managed Assets in equity securities of companies

organized outside of the United States. The Fund may hold foreign securities of issuers located or doing substantial

business in emerging markets. Each of these policies may be changed by the Board without stockholder approval.

The Fund has other fundamental policies that may not be changed without a stockholder vote. Under these policies, the

Fund may not:

• Purchase or sell commodities or commodity contracts, except to the extent permissible under applicable law and

interpretations, as they may be amended from time to time, and except this shall not prevent the Fund from buying or selling

options, futures contracts and foreign currency or from entering into forward currency contracts or from investing in

securities or other instruments backed by, or whose value is derived from, physical commodities;

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

• Issue senior securities or borrow money, except as permitted by the Investment Company Act of 1940, as amended (1940

Act) or any rule thereunder, any Securities and Exchange Commission (SEC) or SEC staff interpretations thereof or any

exemptions therefrom which may be granted by the SEC;

• Make loans, except as permitted by the 1940 Act or any rule thereunder, any SEC or SEC staff interpretations thereof or any

exemptions therefrom which may be granted by the SEC;

• Underwrite the securities of other issuers, except insofar as the Fund may be deemed an underwriter under the Securities

Act of 1933 (1933 Act) in disposing of a portfolio security or in connection with investments in other investment companies;

• Buy or sell real estate, unless acquired as a result of ownership of securities or other instruments, except this shall not

prevent the Fund from investing in securities or other instruments backed by real estate or securities of companies engaged

in the real estate business or real estate investment trusts; and

• Invest 25% or more of its Managed Assets (as defined below), at market value, in the securities of issuers in any particular

industry, except that the Fund will invest at least 25% of the value of its Managed Assets in technology and technology-related

stocks (in which the Fund intends to concentrate) and may invest without limit in securities issued or guaranteed by

the U.S. Government, its agencies or instrumentalities, or government-sponsored enterprises, as described in the Fund’s

prospectus, which may be amended from time to time.

“Managed Assets” means the net asset value of the Fund’s outstanding common shares plus any liquidation preference of

any issued and outstanding shares of Fund preferred stock ("Preferred Shares") and the principal amount of any borrowings

used for leverage.

Certain of the Fund’s fundamental policies set forth above prohibit transactions “except as permitted by the 1940 Act or any

rule thereunder, any SEC or SEC staff interpretations thereof or any exemptions therefrom which may be granted by the

SEC.” The following discussion summarizes the flexibility that the Fund currently gains from these exceptions. To the extent

the 1940 Act or the rules and regulations thereunder may, in the future, be amended to provide greater flexibility, or to the

extent the SEC may in the future grant exemptive relief providing greater flexibility, the Fund will be able to use that flexibility

without seeking shareholder approval of its fundamental policies.

Issuing senior securities — A “senior security” is an obligation with respect to the earnings or assets of a company that takes

precedence over the claims of that company’s common stock with respect to the same earnings or assets. The 1940 Act

limits a closed-end fund’s issuance of senior securities, but Rule 18f-4 provides relief from that prohibition as to certain

transactions that could be considered issuances of senior securities, provided that the Fund complies with its conditions.

The exception in the fundamental policy allows the Fund to operate in accordance with Rule 18f-4.

Borrowing money — The 1940 Act permits the Fund to borrow up to 33 1/3% of its Managed Assets, plus an additional 5% of

its Managed Assets for temporary purposes. The Fund’s compliance with its policy on borrowing is not determined by

applying the time of purchase standard.

Making loans — The 1940 Act generally prohibits the Fund from making loans to affiliated persons but does not otherwise

restrict the Fund’s ability to make loans.

Under the 1940 Act, the Fund’s fundamental policies may not be changed without the approval of the holders of a “majority

of the outstanding” common shares and, if issued, preferred shares voting together as a single class, and of the holders of a

“majority of the outstanding” preferred shares voting as a separate class. When used with respect to particular shares of the

Fund, a “majority of the outstanding” shares means the lesser of: (i) 67% or more of the shares present at a stockholder

meeting, if the holders of more than 50% of the outstanding shares are present at the meeting or represented by proxy, or (ii)

more than 50% of the outstanding shares of the Fund.

Principal

Ris

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

An investment in the Fund involves risks. The principal risks of investing in the Fund are provided below. There is no

assurance that the Fund will achieve its investment objective and you may lose money. The value of the Fund’s holdings may

decline, and the Fund’s net asset value (NAV) and share price may go down. An investment in the Fund is not a bank deposit

and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The

significance of any specific risk to an investment in the Fund will vary over time depending on the composition of the Fund’s

portfolio, market conditions, and other factors. You should read all of the risk information below carefully, because any one

or more of these risks may result in losses to the Fund. See also the Fund’s "Significant Risks" in the Notes to Financial

Statements section.

Active Management Risk

The Fund is actively man

ged and its performance therefore will reflect, in part, the ability of the

portfolio managers to make investment decisions that seek to achieve the Fund’s investment objective. Due to its active

management, the Fund could underperform its benchmark index and/or other funds with similar investment objectives

and/or strategies.

Counterparty Risk

. The risk exists that a counterparty to a transaction in a financial instrument held by the Fund or by a

special purpose or structured vehicle in which the Fund invests may become insolvent or otherwise fail to perform its

obligations, including making payments to the Fund, due to financial difficulties. The Fund may obtain no or limited recovery

in a bankruptcy or other reorganizational proceedings, and any recovery may be significantly delayed. Transactions that the

Fund enters into may involve counterparties in the financial services sector and, as a result, events affecting the financial

services sector may cause the Fund’s NAV to fluctuate.

Credit Risk.

Credit risk is the risk that the value of debt instruments may decline if the issuer thereof defaults or otherwise

becomes unable or unwilling, or is perceived to be unable or unwilling, to honor its financial obligations, such as making

payments to the Fund when due. Various factors could affect the actual or perceived willingness or ability of the issuer to

make timely interest or principal payments, including changes in the financial condition of the issuer or in general economic

conditions. Credit rating agencies, such as S&P Global Ratings, Moody’s Ratings, Fitch, DBRS and KBRA, assign credit

ratings to certain debt instruments to indicate their credit risk. A rating downgrade by such agencies can negatively impact

the value of such instruments. Lower-rated or unrated instruments held by the Fund may present increased credit risk as

compared to higher-rated instruments. Non-investment grade debt instruments may be subject to greater price fluctuations

and are more likely to experience a default than investment grade debt instruments and therefore may expose the Fund to

increased credit risk. If the Fund purchases unrated instruments, or if the ratings of instruments held by the Fund are

lowered after purchase, the Fund will depend on analysis of credit risk more heavily than usual.

Derivatives Risk.

Derivatives may involve sig

ificant risks. Derivatives are financial instruments, t

ded on an exchange or in

the over-the-counter (OTC) markets, with a value in relation to, or derived from, the value of an underlying asset(s) (such as a

security, commodity or currency) or other reference, such as an index, rate or other economic indicator (each an underlying

reference). Derivatives may include those that are privately placed or otherwise exempt from SEC registration, including

certain Rule 144A eligible securities. Derivatives could result in Fund losses if the underlying reference does not perform as

anticipated. Use of derivatives is a highly specialized activity that can involve investment techniques, risks, and tax planning

different from those associated with more traditional investment instruments. The Fund’s derivatives strategy may not be

successful and use of certain derivatives could result in substantial, potentially unlimited, losses to the Fund regardless of

the Fund’s actual investment. A relatively small movement in the price, rate or other economic indicator associated with the

underlying reference may result in substantial losses for the Fund. Derivatives may be more volatile than other types of

investments. Derivatives can increase the Fund’s risk exposure to underlying references and their attendant risks, including

the risk of an adverse credit event associated with the underlying reference (credit risk), the risk of an adverse movement in

the value, price or rate of the underlying reference (market risk), the risk of an adverse movement in the value of underlying

currencies (foreign currency risk) and the risk of an adverse movement in underlying interest rates (interest rate risk).

Derivatives may expose the Fund to additional risks, including the risk of loss due to a derivative position that is imperfectly

correlated with the underlying reference it is intended to hedge or replicate (correlation risk), the risk that a counterparty will

fail to perform as agreed (counterparty risk), the risk that a hedging strategy may fail to mitigate losses, and may offset

gains (hedging risk), the risk that the return on an investment may not keep pace with inflation (inflation risk), the risk that

losses may be greater than the amount invested (leverage risk), the risk that the Fund may be unable to sell an investment at

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

an advantageous time or price (liquidity risk), the risk that the investment may be difficult to value (pricing risk), and the risk

that the price or value of the investment fluctuates significantly over short periods of time (volatility risk). The value of

derivatives may be influenced by a variety of factors, including national and international political and economic

developments. Potential changes to the regulation of the derivatives markets may make derivatives more costly, may limit

the market for derivatives, or may otherwise a

dve

sely

affect the value or performanc

of derivatives.

Derivatives Risk – Options Risk.

Options are derivatives that give the purchaser the option to buy (call) or sell (put) an

underlying reference from or to a counterparty at a specified price (the strike price) on or before an expiration date. The Fund

may purchase or write (i.e., sell) put and call options on an underlying reference it is otherwise permitted to invest in. When

writing options, the Fund is exposed to the risk that it may be required to buy or sell the underlying reference at a

disadvantageous price on or before the expiration date. If the Fund sells a put option, the Fund may be required to buy the

underlying reference at a strike price that is above market price, resulting in a loss. If the Fund sells a call option, the Fund

may be required to sell the underlying reference at a strike price that is below market price, resulting in a loss. If the Fund

sells a call option that is not covered (it does not own the underlying reference), the Fund’s losses are potentially unlimited.

Options may involve economic leverage, which could result in greater volatility in price movement. Options may be traded on

a securities exchange or in the over-the-counter market. At or prior to maturity of an options contract, the Fund may enter

into an offsetting contract and may incur a loss to the extent there has been adverse movement in options prices. Options

can increase the Fund’s risk exposure to underlying references and their attendant risks such as credit risk, market risk,

foreign currency risk and interest rate risk, while potentially exposing the Fund to correlation risk, counterparty risk, hedging

risk, inflation risk, leverage risk, liquidity risk, pricing risk and volatility risk.

Foreign Securities Risk.

Investments in or exposure to securities of foreign companies m

y involve heightened risks relative

to investments in or exposure to securities of U.S. companies. For example, foreign markets can be extremely volatile.

Foreign securities may also be less liquid, making them more difficult to trade, than securities of U.S. companies so that the

Fund may, at times, be unable to sell foreign securities at desirable times or prices. Brokerage commissions, custodial costs

and other fees are also generally higher for foreign securities. The Fund may have limited or no legal recourse in the event of

default with respect to certain foreign securities, including those issued by foreign governments. In addition, foreign

governments may impose withholding or other taxes on the Fund’s income, capital gains or proceeds from the disposition

of foreign securities, which could reduce the Fund’s return on such securities. In some cases, such withholding or other

taxes could potentially be confiscatory. Other risks include: possible delays in the settlement of transactions or in the

payment of income; generally less publicly available information about foreign companies; the impact of economic, political,

social, diplomatic or other conditions or events (including, for example, military confrontations and actions, war, other

conflicts, terrorism and disease/virus outbreaks and epidemics), possible seizure, expropriation or nationalization of a

company or its assets or the assets of a particular investor or category of investors; accounting, auditing and financial

reporting standards that may be less comprehensive and stringent than those applicable to domestic companies; the

imposition of economic and other sanctions against a particular foreign country, its nationals or industries or businesses

within the country; and the generally less stringent standard of care to which local agents may be held in the local markets.

In addition, it may be difficult to obtain reliable information about the securities and business operations of certain foreign

issuers. Governments or trade groups may compel local agents to hold securities in designated depositories that are not

subject to independent evaluation. The less developed a country’s securities market is, the greater the level of risks.

Economic sanctions may be, and have been, imposed against certain countries, organizations, companies, entities and/or

individuals. Economic sanctions and other similar governmental actions could, among other things, effectively restrict or

eliminate the Fund’s ability to purchase or sell securities, and thus may make the Fund’s investments in such securities less

liquid or more difficult to value. In addition, as a result of economic sanctions, the Fund may be forced to sell or otherwise

dispose of investments at inopportune times or prices, which could result in losses to the Fund and increased transaction

costs. These conditions may be in place for a substantial period of time and enacted with limited advance notice to the

Fund. The risks posed by sanctions against a particular foreign country, its nationals or industries or businesses within the

country may be heightened to the extent the Fund invests significantly in the affected country or region or in issuers from

the affected country that depend on global markets. Additionally, investments in certain countries may subject the Fund to a

number of tax rules, the application of which may be uncertain. Countries may amend or revise their existing tax laws,

regulations and/or procedures in the future, possibly with retroactive effect. Changes in or uncertainties regarding the laws,

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

regulations or procedures of a country could reduce the after-tax profits of the Fund, directly or indirectly, including by

reducing the after-tax profits of companies located in such countries in which the Fund invests, or result in unexpected tax

liabilities for the Fund. The performance of the Fund may also be negatively affected by fluctuations in a foreign currency’s

strength or weakness relative to the U.S. dollar, particularly to the extent the Fund invests a significant percentage of its

assets in foreign securities or other assets denominated in currencies other than the U.S. dollar. Currency rates in foreign

countries may fluctuate significantly over short or long periods of time for a number of reasons, including changes in

interest rates, imposition of currency exchange controls and economic or political developments in the U.S. or abroad. The

Fund may also incur curre

y conversion costs when converting foreign currencies into U.S. dollars and vice versa.

Interest Rate Risk.

Interest rate risk is the ri

k of losses attributable to changes in interest rates. In general, if interest rates

rise, the values of debt instruments tend to fall, and if interest rates fall, the values of debt instruments tend to rise. Changes

in the value of a debt instrument usually will not affect the amount of income the Fund receives from it but will generally

affect the value of your investment in the Fund. Changes in interest rates may also affect the liquidity of the Fund’s

investments in debt instruments. In general, the longer the maturity or duration of a debt instrument, the greater its

sensitivity to changes in interest rates. For example, a three-year duration means a bond is expected to decrease in value by

3% if interest rates rise 1% and increase in value by 3% if interest rates fall 1%. Interest rate declines also may increase

prepayments of debt obligations, which, in turn, would increase prepayment risk (the risk that the Fund will have to reinvest

the money received in securities that have lower yields). The Fund is subject to the risk that the income generated by its

investments may not keep pace with inflation. Actions by governments and central banking authorities can result in

increases or decreases in interest rates. Higher periods of inflation could lead such authorities to raise interest rates. Such

action

s m

ay negatively affect the value of debt instruments held by the Fund, resulting in a negative impact on the Fund’s

performance and NAV. Any interest rate increases could cause the value of the Fund’s investments in debt instruments to

decrease.

Issuer Risk.

An issuer in which the Fund invests or to which it has exposure may perform poorly or below expectations and

the value of its securities may therefore decline, which may negatively affect the Fund’s performance. Underperformance of

an issuer may be caused by poor management decisions, competitive pressures, breakthroughs in technology, reliance on

suppliers, labor problems or shortages, corporate restructurings, fraudulent disclosures, natural disasters, military

confrontations and actions, war, other conflicts, terrorism, disease/virus outbreaks, epidemics or other events, conditions

and factors which may impair the value of your investment in the Fund and could result in a greater premium or discount

between the market price and the NAV of the Fund’s shares and wider bid/ask

reads than those experienced by other

closed-end funds.

Small- and Mid-Cap Stock Risk.

Securities of small- and mid-cap companies can, in certain circumstances, have a higher

potential for gains than securities of larger companies but are more likely to have more risk than larger companies. For

example, small- and mid-cap companies may be more vulnerable to market downturns and adverse business or economic

events than larger companies because they may have more limited financial resources and business operations. Small- and

mid-cap companies are also more likely than larger companies to have more limited product lines and operating histories

and to depend on smaller and generally less experienced management teams. Securities of small- and mid-cap companies

may trade less frequently and in smaller volumes and may be less liquid and fluctuate more sharply in value than securities

of larger companies. When the Fund takes significant positions in small- and mid-cap companies with limited trading

volumes, the liquidation of those positions, particularly in a distressed market, could be prolonged and result in Fund

investment losses that would affect the value of your investment in the Fund. In addition, some small- and mid-cap

companies may not be widely followed by the investment community, which can lower the demand for their stocks.

Large-Cap Stock Risk.

Investments in larger, more established comp

ies (larger companies), may involve certain risks

associated with their larger size. For instance, larger companies may be less able to respond quickly to new competitive

challenges, such as changes in consumer tastes or innovation from smaller competitors. Also, larger companies are

sometimes less able to achieve as high growth rates as successful smaller companies, especially during extended periods

of economic expansion.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

Market Risk.

The Fund may incur losses due to declines in the value of one or more securities in which it invests. These

declines may be due to factors affecting a particular issuer, or the result of, among other things, political, regulatory, market,

economic or social developments affecting the relevant market(s) more generally. In addition, turbulence in financial

markets and reduced liquidity in equity, credit and/or fixed income markets may negatively affect many issuers, which could

adversely affect the Fund’s ability to price or value hard-to-value assets in thinly traded and closed markets and could cause

operational challenges. Global economies and financial markets are increasingly interconnected, and conditions and events

in one country, region or financial market may adversely impact issuers in a different country, region or financial market.

These risks may be magnified if certain events or developments adversely interrupt the global supply chain; in these and

other circumstances, such risks might affect companies worldwide. As a result, local, regional or global events such as

terrorism, war, other conflicts, natural disasters, disease/virus outbreaks and epidemics or other public health issues,

recessions, depressions or other event

– or the potential for such events – could have a significant negative impact on

global economic and market conditions and could result in a greater premium or discount between the market price and the

NAV of the Fund’s shares and wider bid/ask spreads than those experienced by other closed-end funds.

Market Trading Discount Risk.

The Fund’s Common Shares can and have traded at a discount to the Fund’s NAV. The shares

of closed-end management investment companies frequently trade at a discount from their NAV. This is a risk separate and

distinct from the risk that the Fund’s NAV may decrease.

Non-Diversified Fund Risk.

The Fund is non-diversified, which generally means that it may invest a greater percentage of its

total assets in the securities of fewer issuers than a “diversified” fund. This increases the risk that a change in the value of

any one investment held by the Fund could affect the overall value of the Fund more than it would affect that of a diversified

fund holding a greater number of investments. Accordingly, the Fund’s value will likely be more volatile than the value of a

more diversified fund.

Offering Risk.

The provisions of the 1940 Act generally require that the public offering price of an investment company’s

common shares (less any underwriting commissions and discounts) must equal or exceed the NAV per share of an

investment company’s common stock (calculated within 48 hours of pricing), plus any sales commission charged in

connection with the offering. In the offering described in the Fund’s current Prospectus, the Fund may, subject to market

conditions, raise additional equity capital by issuing new Common Shares from time to time in varying amounts at a net

price at or above the Fund’s NAV per Common Share (calculated within 48 hours of pricing). To the extent that Fund

Common Shares do not trade at a premium, the Fund may be unable to issue additional Common Shares, and may incur

costs associated with maintaining an “at the market” program without the potential benefits. The offering described in the

Fund’s Prospectus may allow the Fund to pursue additional investment opportunities without the need to sell existing

portfolio investments and will increase the asset size of the Fund and thus cause the Fund’s fixed expenses to be spread

over a larger asset base. However, the issuance may not necessarily result in an increase to net income for stockholders,

which depends upon available investment opportunities and other factors. The Fund cannot predict whether its Common

Shares will trade in the future at a premium to Fund NAV per Common Share. Shares of common stock of closed-end

investment companies frequently trade at a discount from NAV, which may increase investors’ risk of loss. In no event will

Common Shares be issued at a price below the Fund’s NAV per Common Share (calculated within 48 hours of pricing) plus

any sales commission charged in connection with the offering. The offering described in the Fund’s Prospectus entails

potential risks to existing common stockholders. Although the issuance of additional Common Shares may facilitate a more

active market in the Fund’s Common Shares by increasing the amount of Common Shares outstanding, the issuance of

additional Common Shares may also have an adverse effect on prices for the Fund’s Common Shares in the secondary

market by increasing the supply of Common Shares available for sale. The issuance of additional Common Shares will dilute

the voting power of already outstanding Common Shares.

Secondary Market for the Common Shares Risk.

The issuance of Common Shares through the Fund’s Prospectus offering

may have an adverse effect on the secondary market for the Common Shares. The increase in the amount of the Fund’s

outstanding Common Shares resulting from this offering may put downward pressure on the market price for the Common

Shares of the Fund. Common Shares will not be issued pursuant to the offering at any time when Common Shares are

trading at a price lower than a price equal to the Fund’s NAV per Common Share plus the per Common Share amount of

commissions. The Fund also issues Common Shares of the Fund through its Dividend In

estment Plan. See “Dividend

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

Investment Plan” in the Fund’s Prospectus. Common Shares may be issued under the p

n at a discount to the market price

for such Common Shares, which may put downward pressure on the market price for Common Shares of the Fund. When

the Common Shares are trading at a premium, the Fund may also issue Common Shares of the Fund that are sold through

transactions effected on the NYSE. The increase in the amount of the Fund’s outstanding Common Shares resulting from

that offering may also put downward pressure on the market price for the Common Shares of the Fund. The voting power of

current Common Stockholders will be diluted to the extent that such stockholders do not purchase shares in any future

Common Share offerings or do not purchase sufficient shares to maintain their percentage interest. In addition, if the

Investment Manager is unable to invest the proceeds of such offering as intended, the Fund’s per share distribution may

decrease (or may consist of return of capital) and the Fund may not participate in market advanc

s to the same extent as if

such proceeds were fully invested as

ed.

Sector Risk

At times, the Fund may have a significant portion of its assets invested in securities of companies conducting

business in a related group of industries within one or more economic sectors, including the communication services sector

and information technology sector. Companies in the same sector may be similarly affected by economic, regulatory,

political or market events or conditions, which may make the Fund vulnerable to unfavorable developments in that group of

industries or economic sector.

Communication Services Sector and Information Technology Sector.

The Fund is vulnerable to the particular risks that may

affect companies in the communication services sector and the information technology sector. Companies in these sectors

are subject to certain risks, including the risk that new services, equipment or technologies will not be accepted by

consumers and businesses or will become rapidly obsolete. Performance of such companies may be affected by factors

including obtaining and protecting patents (or the failure to do so) and significant competitive pressures, including

aggressive pricing of their products or services, new market entrants, competition for market share and short product cycles

due to an accelerated rate of technological developments. Such competitive pressures may lead to limited earnings and/or

falling profit margins. As a result, the value of their securities may fall or fail to rise. In addition, many communication

services sector and information technology sector companies have limited operating histories and prices of these

companies’ securities historically have been more volatile than other securities, especially over the short term. Some

companies in these sectors are facing increased government and regulatory scrutiny and may be subject to adverse

government or regulatory action, which could negatively impact the value of their securities.

Semiconductor and Semiconductor Equipment Industry Risk.

The Fu

d’s investment in the semiconductor and semiconductor

equipment industry subjects the Fund to the risks of investments in the industry, including: intense competition, both

domestically and internationally, including competition from subsidized foreign competitors with lower production costs;

wide fluctuations in securities prices due to risks of rapid obsolescence of products and related technology; economic

performance of the customers of semiconductor and related companies; their research costs and the risks that their

products may not prove commercially successful; and thin capitalization and limited product lines, markets, financial

resources or quality management and personnel. Semiconductor design and process methodologies are subject to rapid

technological change requiring large expenditures, potentially requiring financing that may be difficult or impossible to

obtain, for research and development in order to improve product performance and increase manufacturing yields. These

companies rely on a combination of patents, trade secret laws and contractual provisions to protect their technologies. The

process of seeking patent protection can be long and expensive. The industry is characterized by frequent litigation

regarding patent and other intellectual property rights, which may require such companies to defend against competitors’

assertions of intellectual property infringement or misappropriation. Some companies are also engaged in other lines of

business unrelated to the semiconductor business, and these companies may experience problems with these lines of

business that could adversely affect their operating results. The international operations of many companies expose them

to the risks associated with instability and changes in economic and political conditions, foreign currency fluctuations,

changes in foreign regulations, tariffs, and trade disputes. Business conditions in this industry can change rapidly from

periods of strong demand to periods of weak demand. Any future downturn in the industry could harm the business and

operating results of these companies. The stock prices of companies in the industry have been and will likely continue to be

volatile relative to the overall market.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fund Investment Objective, Strategies, Policies

and Principal Risks

(continued)

(Unaudited)

Transactions in Derivatives.

The Fund may enter into derivative tran

actions or otherwise have exposure to derivative

transactions through underlying investments. Derivatives are financial contracts whose values are, for example, based on (or

“derived” from) traditional securities (such as a stock or bond), assets (such as a commodity like gold or a foreign currency),

reference rates (such as the Secured Overnight Financing Rate (commonly known as SOFR)) or market indices (such as the

Standard & Poor’s 500

Index). The use of derivatives is a highly specialized activity which involves investment techniques

and risks different from those associated with ordinary portfolio securities transactions. Derivatives involve special risks and

may result in losses or may limit the Fund’s potential gain from favorable market movements. Derivative strategies often

involve leverage, which may exaggerate a loss, potentially causing the Fund to lose more money than it would have lost had

it invested in the underlying security or other asset directly. The values of derivatives may move in unexpected ways,

especially in unusual market conditions, and may result in increased volatility in the value of the derivative and/or the Fund’s

shares, among other consequences. The use of derivatives may also increase the amount of taxes payable by stockholders

holding shares in a taxable account. See the

Taxation

section in the Fund’s Statement of Additional Information for more

information. Other risks arise from the Fund’s potential inability to terminate or to sell derivative positions. A liquid secondary

market may not always exist for the Fund’s derivative positions at times when the Fund might wish to terminate or to sell

such positions. Over-the-counter instruments (investments not traded on an exchange) may be illiquid, and transactions in

derivatives traded in the over-the-counter market are subject to the risk that the other party will not meet its obligations. The

use of derivatives also involves the risks of mispricing or improper valuation and that changes in the value of the derivative

may not correlate perfectly with the underlying security, asset, reference rate or index. The Fund also may not be able to find

a suitable derivative transaction counterparty, and thus may be unable to engage in derivative transactions when it is

deemed favorable to do so, or at all. The U.S. government and the European Union (and some other jurisdictions) have

enacted regulations and similar requirements that prescribe clearing, margin, reporting and registration requirements for

participants in the derivatives market. These requirements are evolving and their ultimate impact on the Fund remains

unclear, but such impact could include restricting and/or imposing significant costs or other burdens upon the Fund’s

participation in derivatives transactions. Additionally regulations governing the use of derivatives by registered investment

companies, such as the Fund require, among other things, that a fund that invests in derivative instruments beyond a

specified limited amount apply a value-at-risk-based limit to its portfolio and establish a comprehensive derivatives risk

management program. As of the date of this report, the Fund is required to maintain a comprehensive derivatives risk

management program. For

information on the risks of derivative investments and strategies, see the Statement of

Additional In

for

mation.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fees and Expenses and Share Price Data

(Unaudited)

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy, hold and sell Common Shares.

You may pay other

fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and

examples below.

Stockholder Transaction Expenses
Dividend Investment Plan and Stock Repurchase Program Fees	None (a )

Annual Expenses (as a percentage of net assets attributable to common shares)
Management fees (b)	1.06%
Other expenses	0.06%
Acquired fund fees and expenses	0.00%
Total Annual Expenses (c)	1.12%

(a)

There are no servi

or brokerage charges to participants in the dividend investment plan; however, the Fund reserves the right to amend the plan to include a service

charge payable to the Fund by the participants. The Fund reserves the right to amend the plan to provide for payment of brokerage fees by the plan participants in the

event the plan is changed to provide for open market purchases of Fund Common Stock on behalf of plan participants. You will pay brokerage charges if you direct your

broker or the plan agent to sell your Common Shares that you acquired pursuant to this plan. The expenses of administering the Fund’s Dividend Investment Plan and

Stock Repurchase Program are included in “Other Expenses” of the Fund. You may also pay a pro rata share of brokerage commissions incurred in connection with

open-market purchases pursuant to the Fund’s Stock Repurchase Program.

(b)

The Fund’s management fee is 1.06% of the Fund’s average daily Managed Assets (which means the net asset value of Fund’s outstanding common stock plus the

liquidation preference of any issued and outstanding preferred stock of the Fund and the principal amount of any borrowing used for leverage). The management fee

rate noted in the table reflects the rate paid by Common Stockholders as a percentage of the Fund’s net assets attributable to Common Stock.

(c)

“Total Annual Expenses" include acquired fund fees and expenses (expenses the Fund incurs indirectly through its investments in other investment companies) and

may be higher than “Total gross expenses” shown in the

Financial Highlights

section of this report because “Total gross expenses” does not include acquired fund fees

and expenses.

Example

The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other

funds. The example illustrates the hypothetical expenses that you would incur over the time periods indicated, and assumes

that:

• you invest $1,000 in the Fund for the periods indicated,

• your investment has a 5% return each year, and

• the Fund’s total annual operating expenses remain the same as shown in the Annual Fund Operating Expenses table above.

Although your actual costs may be higher or lower, based on the assumptions listed above, your costs would be:

	1 year	3 years	5 years	10 years
Columbia Seligman Premium Technology Growth Fund, Inc. Common Stock	$21	$45	$71	$145

The purpose of the tables above is to assist you in understanding the various costs and expenses you will bear directly or

indirectly.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Fees and Expenses and Share Price Data

(continued)

(Unaudited)

Share Price Data

The Fund’s Common Stock is traded primarily on the New York Stock Exchange (the Exchange). The following table shows

the high and low closing prices of the Fund’s Common Stock on the Exchange for each calendar quarter since the beginning

of 2023, as well as the net asset values and the range of the percentage (discounts)/premiums to net asset value per share

that correspond to such prices.

	Market Price ($)		Corresponding NAV ($)		Corresponding (Discount)/Premium to NAV (%)
	High	Low	High	Low	High	Low
2023
1 st Quarter	28.08	22.73	26.34	22.48	6.61	1.11
2 nd Quarter	31.35	26.23	27.65	24.66	13.38	6.37
3 rd Quarter	31.04	26.75	28.99	26.05	7.07	2.69
4 th Quarter	31.91	25.18	29.26	24.88	9.06	1.21
2024
1 st Quarter	34.05	29.37	30.72	27.81	10.84	5.61
2 nd Quarter	33.68	29.56	32.87	28.91	2.46	2.25
3 rd Quarter	34.42	29.62	33.71	29.56	2.11	0.20
4 th Quarter	35.93	31.36	35.88	31.75	0.14	(1.23 )
2025
1 st Quarter	33.90	27.98	33.91	27.53	(0.03 )	1.63
2 nd Quarter	30.41	24.54	29.95	23.90	1.54	2.68

The Fund’s Common Stock has historically fluctuated between trading on the market at a discount to net asset value and at

a premium to net asset value. The closing market price, net asset value and percentage (discount)/premium to net asset

value per share of the Fund’s Common Stock on June 30, 2025 were $30.41, $29.95, and 1.54%, respectively.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Portfolio of Investments

(continued)

June 30, 2025 (Unaudited)

Currency Legend

USD

US Dollar

Fair value measurements

The Fund categorizes its fair value measurements according to a three-level hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable

inputs by prioritizing that the most observable input be used when available. Observable inputs are those that market participants would use in pricing an investment based

on market data obtained from sources independent of the reporting entity. Unobservable inputs are those that reflect the Fund’s assumptions about the information market

participants would use in pricing an investment. An investment’s level within the fair value hierarchy is based on the lowest level of any input that is deemed significant to

the asset’s or liability’s fair value measurement. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. For

example, certain U.S. government securities are generally high quality and liquid, however, they are reflected as Level 2 because the inputs used to determine fair value may

not always be quoted prices in an active market.

Fair value inputs are summarized in the three broad levels listed below:

■

Level 1 — Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date. Valuation adjustments

are not applied to Level 1 investments.

■

Level 2 — Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).

■

Level 3 — Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments).

Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either

observable or unobservable. The availability of observable inputs can vary between investments, and is affected by various factors such as the type of investment, and the

volume and level of activity for that investment or similar investments in the marketplace. The inputs will be considered by the Investment Manager, along with any other

relevant factors in the calculation of an investment’s fair value. The Fund uses prices and inputs that are current as of the measurement date, which may include periods of

market dislocations. During these periods, the availability of prices and inputs may be reduced for many investments. This condition could cause an investment to be

reclassified between the various levels within the hierarchy.

Values of foreign equity securities actively traded in markets where there is a significant delay in the local close relative to the New York Stock Exchange may include an

adjustment to reflect the impact of market movements following the close of local trading, as described in Note 2 to the financial statements – Security valuation. When

such adjustments have been made, the foreign equity securities are classified as Level 2.

Investments falling into the Level 3 category, if any, are primarily supported by quoted prices from brokers and dealers participating in the market for those investments.

However, these may be classified as Level 3 investments due to lack of market transparency and corroboration to support these quoted prices. Additionally, valuation

models may be used as the pricing source for any remaining investments classified as Level 3. These models may rely on one or more significant unobservable inputs

and/or significant assumptions by the Investment Manager. Inputs used in valuations may include, but are not limited to, financial statement analysis, capital account

balances, discount rates and estimated cash flows, and comparable company data.

The Fund’s Board of Directors (the Board) has designated the Investment Manager, through its Valuation Committee (the Committee), as valuation designee, responsible for

determining the fair value of the assets of the Fund for which market quotations are not readily available using valuation procedures approved by the Board. The Committee

consists of voting and non-voting members from various groups within the Investment Manager’s organization, including operations and accounting, trading and

investments, compliance, risk management and legal.

The Committee meets at least monthly to review and approve valuation matters, which may include a description of specific valuation determinations, data regarding

pricing information received from approved pricing vendors and brokers and the results of Board-approved valuation policies and procedures (the Policies). The Policies

address, among other things, instances when market quotations are or are not readily available, including recommendations of third party pricing vendors and a

determination of appropriate pricing methodologies; events that require specific valuation determinations and assessment of fair value techniques; securities with a

potential for stale pricing, including those that are illiquid, restricted, or in default; and the effectiveness of third party pricing vendors, including periodic reviews of

vendors. The Committee meets more frequently, as needed, to discuss additional valuation matters, which may include the need to review back-testing results, review

time-sensitive information or approve related valuation actions. Representatives of Columbia Management Investment Advisers, LLC report to the Board at each of its

regularly scheduled meetings to discuss valuation matters and actions during the period, similar to those described earlier.

The following table is a summary of the inputs used to value the Fund’s investments at June 30, 2025:

	Level 1 ($)	Level 2 ($)	Level 3 ($)	Total ($)
Investments in Securities
Common Stocks
Communication Services	72,514,195	—	—	72,514,195
Consumer Discretionary	15,532,867	—	—	15,532,867
Financials	33,985,967	—	—	33,985,967
Industrials	33,174,509	—	—	33,174,509
Information Technology	358,155,443	5,948,185	—	364,103,628
Total Common Stocks	513,362,981	5,948,185	—	519,311,166
Money Market Funds	5,861,425	—	—	5,861,425
Total Investments in Securities	519,224,406	5,948,185	—	525,172,591

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Portfolio of Investments

(continued)

June 30, 2025 (Unaudited)

Fair value measurements

(continued)

	Level 1 ($)	Level 2 ($)	Level 3 ($)	Total ($)
Investments in Derivatives
Liability
Call Option Contracts Written	(4,281,610 )	—	—	(4,281,610 )
Total	514,942,796	5,948,185	—	520,890,981

See the Portfolio of Investments for all investment classifications not indicated in the table.

The Fund’s assets assigned to the Level 2 input category are generally valued using the market approach, in which a security’s value is determined through reference to

prices and information from market transactions for similar or identical assets. These assets include certain foreign securities for which a third party statistical pricing

service may be employed for purposes of fair market valuation. The model utilized by such third party statistical pricing service takes into account a security’s correlation to

available market data including relevant general and sector indices, currency fluctuations, depositary receipts, and futures, as applicable.

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Statement of Assets and Liabilities

June 30, 2025 (Unaudited)

Assets
Investments in securities, at value
Unaffiliated issuers (cost $252,240,825)	$ 519,311,166
Affiliated issuers (cost $5,860,505)	5,861,425
Cash	33,340
Receivable for:
Investments sold	489,103
Dividends	212,014
Foreign tax reclaims	23,078
Prepaid expenses	54,829
Other assets	23,972
Total assets	526,008,927
Liabilities
Option contracts written, at value (premiums received $1,297,411)	4,281,610
Payable for:
Investments purchased	533,526
Management services fees	44,952
Stockholder servicing and transfer agent fees	3,052
Compensation of chief compliance officer	51
Compensation of board members	13,775
Other expenses	36,201
Deferred compensation of board members	170,692
Total liabilities	5,083,859
Net assets applicable to outstanding Common Stock	$520,925,068
Represented by
Paid in capital	262,761,208
Total distributable earnings (loss)	258,163,860
Total - representing net assets applicable to outstanding Common Stock	$520,925,068
Shares outstanding applicable to Common Stock	17,390,630
Net asset value per share of outstanding Common Stock	$29.95
Market price per share of Common Stock	$30.41

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Statement of Operations

Six Months Ended June 30, 2025 (Unaudited)

Net investment income
Income:
Dividends — unaffiliated issuers	$ 1,812,306
Dividends — affiliated issuers	256,206
Foreign taxes withheld	(18,068 )
Total income	2,050,444
Expenses:
Management services fees	2,647,148
Stockholder servicing and transfer agent fees	13,976
Custodian fees	8,701
Printing and postage fees	26,104
Stockholders’ meeting fees	21,270
Accounting services fees	26,562
Legal fees	6,773
Compensation of chief compliance officer	44
Compensation of board members	16,651
Deferred compensation of board members	(1,209 )
Other	27,342
Total expenses	2,793,362
Net investment loss	(742,918 )
Realized and unrealized gain (loss) — net
Net realized gain (loss) on:
Investments — unaffiliated issuers	28,143,256
Investments — affiliated issuers	(627 )
Foreign currency translations	3,782
Option contracts purchased	3,152
Option contracts written	(30,478,979 )
Net realized loss	(2,329,416 )
Net change in unrealized appreciation (depreciation) on:
Investments — unaffiliated issuers	(9,542,261 )
Investments — affiliated issuers	49
Foreign currency translations	591
Option contracts written	(4,247,276 )
Net change in unrealized appreciation (depreciation)	(13,788,897 )
Net realized and unrealized loss	(16,118,313 )
Net decrease in net assets resulting from operations	$(16,861,231 )

The accompanying Notes to Financial Statements are an integral part of this statement.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

June 30, 2025 (Unaudited)

Note 1.

Organization

Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) is a non-diversified fund. The Fund is registered

under the Investment Company Act of 1940, as amended (the 1940 Act), as a closed-end management investment

company.

The Fund was incorporated under the laws of the State of Maryland on September 3, 2009, and commenced investment

operations on November 30, 2009. The Fund had no investment operations prior to November 30, 2009 other than those

relating to organizational matters and the sale to Columbia Management Investment Advisers, LLC (the Investment

Manager), a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial), of 5,250 shares of Common Stock

at a cost of $100,275 on October 14, 2009. As of December 31, 2009, the Fund issued 14,300,000 shares of Common Stock,

including 13,100,000 shares of Common Stock in its initial public offering and 1,200,000 shares of Common Stock

purchased by the Fund’s underwriters pursuant to an over-allotment option granted to the underwriters in connection with

the initial public offering. On January 13, 2010, the Fund’s underwriters purchased an additional 545,000 shares of Common

Stock pursuant to the over-allotment option, resulting in a total of 14,845,000 shares of Common Stock issued by the Fund

in its initial public offering, including shares purchased by the underwriters pursuant to the over-allotment option. With the

closing of this additional purchase of Common Stock, the Fund’s total raise-up in its initial public offering was an aggregate

of $296.9 million. The Fund has one billion authorized shares of Common Stock. The issued and outstanding Common

Stock trades on the New York Stock Exchange under the symbol “STK”.

On June 26, 2024, the Fund filed a registration statement on Form N-2 (File No. 333-280485) with the Securities and

Exchange Commission (the SEC), relating to the offer and sale of up to 8,000,000 shares of Fund Common Stock, from time

to time, through ALPS Distributors, Inc., as agent for the Fund (the Distributor), in transactions that are deemed to be

“at-the-market” as defined in Rule 415 under the Securities Act of 1933, as amended. On November 15, 2024, the SEC

declared this registration statement to be effective. Offering costs of the registration were paid by the Investment Manager

and therefore are not included in the fees or expenses of the Fund. With respect to the Fund’s at-the-market offering, the

Fund compensates the Distributor with respect to sales of the Common Stock at a commission rate of up to 1.0% of the

gross proceeds of the sale of Common Stock. The Distributor may enter into sub-placement agent agreements with one or

more selected dealers for the offer and sale of Common Stock under the Fund’s at-the-market offering. In that regard, the

Distributor entered into a sub-placement agreement with UBS Securities LLC.

The Fund currently has outstanding Common Stock. Each outstanding share of Common Stock entitles the holder thereof to

one vote on all matters submitted to a vote of the Common Stockholders, including the election of directors. Because the

Fund has no other classes or series of stock outstanding, Common Stock possesses exclusive voting power. All of the

Fund’s shares of Common Stock have equal dividend, liquidation, voting and other rights. The Fund’s Common Stockholders

have no preference, conversion, redemption, exchange, sinking fund, or appraisal rights and have no preemptive rights to

subscribe for any of the Fund’s securities.

Although the Fund has no current intention to do so, the Fund is authorized and reserves the flexibility to use leverage to

increase its investments or for other management activities through the issuance of Preferred Stock and/or borrowings. The

costs of issuing Preferred Stock and/or a borrowing program would be borne by Common Stockholders and consequently

would result in a reduction of net asset value of Common Stock.

Note 2.

Summary of significant accounting policies

Basis of preparation

The Fund is an investment company that applies the accounting and reporting guidance in the Financial Accounting

Standards Board (FASB) Accounting Standards Codification Topic 946,

Financial Services - Investment Companies

(ASC

946). The financial statements are prepared in accordance with U.S. generally accepted accounting principles (GAAP), which

requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities,

the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of

income and expenses during the reporting period. Actual results could differ from those estimates.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

The following is a summary of significant accounting policies followed by the Fund in the preparation of its financial

statements.

Segment reporting

The intent of ASU 2023-07, Segment Reporting is to enable investors to better understand an entity’s overall performance

and to assess its potential future cash flows through improved segment disclosures. The chief operating decision maker

(CODM) for the Fund is Columbia Management Investment Advisers, LLC through its Investment Oversight Committee and

Global Executive Group, which are responsible for assessing performance and making decisions about resource allocation.

The CODM has determined that the Fund has a single operating segment because the CODM monitors the operating results

of the Fund as a whole and the Fund’s long-term strategic asset allocation is pre-determined in accordance with the terms

of its prospectus, based on a defined investment strategy which is executed by the Fund’s portfolio managers as a team.

The financial information provided to and reviewed by the CODM is consistent with that presented within the Fund’s financial

statements.

Security valuation

Equity securities listed on an exchange are valued at the closing price or last trade price on their primary exchange at the

close of business of the New York Stock Exchange. Securities with a closing price not readily available or not listed on any

exchange are valued at the mean between the closing bid and ask prices. Listed preferred stocks convertible into common

stocks are valued using an evaluated price from a pricing service.

Foreign equity securities are valued based on the closing price or last trade price on their primary exchange at the close of

business of the New York Stock Exchange. If any foreign equity security closing prices are not readily available, the

securities are valued at the mean of the latest quoted bid and ask prices on such exchanges or markets. Foreign currency

exchange rates are determined at the scheduled closing time of the New York Stock Exchange. Many securities markets and

exchanges outside the U.S. close prior to the close of the New York Stock Exchange; therefore, the closing prices for

securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close

of the New York Stock Exchange. In those situations, foreign securities will be fair valued pursuant to a policy approved by

the Board of Directors. Under the policy, the Fund may utilize a third-party pricing service to determine these fair values. The

third-party pricing service takes into account multiple factors, including relevant general and sector indices, currency

fluctuations, depositary receipts, and futures, as applicable, to determine a good faith estimate that reasonably reflects the

current market conditions as of the close of the New York Stock Exchange. The fair value of a security is likely to be different

from the quoted or published price, if available.

Investments in open-end investment companies (other than exchange-traded funds (ETFs)), are valued at the latest net

asset value reported by those companies as of the valuation time.

Option contracts are valued at the mean of the latest quoted bid and ask prices on their primary exchanges. Option

contracts, including over-the-counter option contracts, with no readily available market quotations are valued using

mid-market evaluations from independent third-party vendors.

Investments for which market quotations are not readily available, or that have quotations which management believes are

not reflective of market value or reliable, are valued at fair value as determined in good faith under procedures approved by

the Board of Directors. If a security or class of securities (such as foreign securities) is valued at fair value, such value is

likely to be different from the quoted or published price for the security, if available.

The determination of fair value often requires significant judgment. To determine fair value, management may use

assumptions including but not limited to future cash flows and estimated risk premiums. Multiple inputs from various

sources may be used to determine fair value.

GAAP requires disclosure regarding the inputs and valuation techniques used to measure fair value and any changes in

valuation inputs or techniques. In addition, investments shall be disclosed by major category. This information is disclosed

following the Fund’s Portfolio of Investments.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Foreign currency transactions and translations

The values of all assets and liabilities denominated in foreign currencies are generally translated into U.S. dollars at

exchange rates determined at the close of regular trading on the New York Stock Exchange. Net realized and unrealized

gains (losses) on foreign currency transactions and translations include gains (losses) arising from the fluctuation in

exchange rates between trade and settlement dates on securities transactions, gains (losses) arising from the disposition of

foreign currency and currency gains (losses) between the accrual and payment dates on dividends, interest income and

foreign withholding taxes.

For financial statement purposes, the Fund does not distinguish that portion of gains (losses) on investments which is due

to changes in foreign exchange rates from that which is due to changes in market prices of the investments. Such

fluctuations are included with the net realized and unrealized gains (losses) on investments in the Statement of Operations.

Derivative instruments

The Fund may invest in certain derivative instruments, which are transactions whose values depend on or are derived from

(in whole or in part) the value of one or more other assets, such as securities, currencies, commodities or indices. The Fund

uses a rules-based call option writing strategy on the NASDAQ 100 Index

, an unmanaged index that includes the largest

and most active nonfinancial domestic and international companies listed on the Nasdaq Stock Market, or its exchange-traded

fund equivalent (NASDAQ 100) on a month-to-month basis.

The Fund may also seek to provide downside protection by purchasing puts on the NASDAQ 100 when premiums on these

options are considered by the Investment Manager to be low and, therefore, attractive relative to the downside protection

provided.

The Fund may also buy or write other call and put options on securities, indices, ETFs and market baskets of securities to

generate additional income or return or to provide the portfolio with downside protection. In this regard, options may include

writing “in-” or “out-of-the-money” put options or buying or selling options in connection with closing out positions prior to

expiration of any options. However, the Fund does not intend to write “naked” call options on individual stocks (i.e., selling a

call option on an individual security not owned by the Fund) other than in connection with implementing the options

strategies with respect to the NASDAQ 100. The put and call options purchased, sold or written by the Fund may be

exchange-listed or over-the-counter.

The notional exposure of a financial instrument is the nominal or face amount that is used to calculate payments made on

that instrument and/or changes in value for the instrument. The notional exposure is a hypothetical underlying quantity upon

which payment obligations are computed. Notional exposures provide a gauge for how the Fund may behave given changes

in the underlying rate, asset or reference instrument and individual markets. The notional amounts of derivative instruments,

if applicable, are not recorded in the financial statements. A derivative instrument may suffer a mark to market loss if the

value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument.

Losses can also occur if the counterparty does not perform under the contract. Options written by the Fund do not typically

give rise to counterparty credit risk, as options written generally obligate the Fund and not the counterparty to perform. With

exchange-traded purchased options, there is less counterparty credit risk to the Fund than in the case of an over-the-counter

derivative, since the exchange’s clearinghouse, as counterparty to such instruments, guarantees against a possible default.

The clearinghouse stands between the buyer and the seller of the contract; therefore, the primary counterparty credit risk is

the risk of failure of the clearinghouse. However, credit risk still exists in exchange traded option contracts with respect to

any collateral that is held in a broker’s customer accounts. While clearing brokers are required to segregate customer

collateral from their own assets, in the event that a clearing broker becomes insolvent or goes into bankruptcy and at that

time there is a shortfall in the aggregate amount of collateral held by the broker for all its clients, U.S. bankruptcy laws will

typically allocate that shortfall on a pro-rata basis across all the clearing broker’s customers, potentially resulting in losses to

the Fund.

In order to better define its contractual rights and to secure rights that will help the Fund mitigate its counterparty risk in

respect of over-the-counter derivatives, the Fund may enter into an International Swaps and Derivatives Association, Inc.

Master Agreement (ISDA Master Agreement) or similar agreement with its derivatives counterparties. An ISDA Master

Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives and

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

foreign exchange forward contracts and contains, among other things, collateral posting terms and netting provisions in the

event of a default and/or termination event. Under an ISDA Master Agreement, the Fund may, under certain circumstances,

offset with the counterparty certain derivative financial instrument’s payables and/or receivables with collateral held and/or

posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net

payment in the event of default (close-out netting) including the bankruptcy or insolvency of the counterparty. Note, however,

that bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of

offset in bankruptcy, insolvency or other events. Collateral (margin) requirements differ by type of derivative. Collateral terms

for most over-the-counter derivatives are subject to regulatory requirements to exchange variation margin with trading

counterparties and may have contract specific margin terms as well. Margin requirements are established by the exchange

for exchange traded options and by the CCP for futures and options on futures. Brokers can ask for margin in excess of the

minimum in certain circumstances. To the extent amounts due to the Fund from its counterparties are not fully

collateralized, contractually or otherwise, the Fund bears the risk of loss from counterparty nonperformance. The Fund may

also pay interest expense on cash collateral received from the broker or receive interest income on cash collateral pledged

to the broker. The Fund attempts to mitigate counterparty risk by only entering into agreements with counterparties that it

believes have the financial resources to honor their obligations and by monitoring the financial stability of those

counterparties.

Investments in derivative instruments may expose the Fund to certain additional risks, including those detailed below.

Options contracts

Options are contracts which entitle the holder to purchase or sell securities or other identified assets at a specified price, or

in the case of index option contracts, to receive or pay the difference between the index value and the strike price of the

index option contract. Option contracts can be either exchange-traded or over-the-counter. The Fund purchased and has

written option contracts to produce incremental earnings, to decrease the Fund’s exposure to equity risk, to increase return

on investments, to protect gains and to facilitate buying and selling of securities for investments. These instruments may be

used for other purposes in future periods. Completion of transactions for option contracts traded in the over-the-counter

market depends upon the performance of the other party. Collateral may be collected or posted by the Fund to secure

over-the-counter option contract trades. Collateral held or posted by the Fund for such option contract trades must be

returned to the broker or the Fund upon closure, exercise or expiration of the contract.

Options contracts purchased are recorded as investments. When the Fund writes an options contract, the premium received

is recorded as an asset and an amount equivalent to the premium is recorded as a liability in the Statement of Assets and

Liabilities and is subsequently adjusted to reflect the current fair value of the option written. Changes in the fair value of the

written option are recorded as unrealized appreciation or depreciation until the contract is exercised or has expired. The

Fund realizes a gain or loss when the option contract is closed or expires. When option contracts are exercised, the

proceeds on sales for a written call or purchased put option contract, or the purchase cost for a written put or purchased

call option contract, is adjusted by the amount of premium received or paid.

For over-the-counter options purchased, the Fund bears the risk of loss of the amount of the premiums paid plus the

positive change in market values net of any collateral held by the Fund should the counterparty fail to perform under the

contracts. Option contracts written by the Fund do not typically give rise to significant counterparty credit risk, as options

written generally obligate the Fund and not the counterparty to perform. The risk in writing a call option contract is that the

Fund gives up the opportunity for profit if the market price of the security increases above the strike price and the option

contract is exercised. The risk in writing a put option contract is that the Fund may incur a loss if the market price of the

security decreases below the strike price and the option contract is exercised. Exercise of a written option could result in the

Fund purchasing or selling a security or foreign currency when it otherwise would not, or at a price different from the current

market value. In purchasing and writing options, the Fund bears the risk of an unfavorable change in the value of the

underlying instrument or the risk that the Fund may not be able to enter into a closing transaction due to an illiquid market.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Effects of derivative transactions in the financial statements

The following tables are intended to provide additional information about the effect of derivatives on the financial

statements of the Fund, including: the fair value of derivatives by risk category and the location of those fair values in the

Statement of Assets and Liabilities; and the impact of derivative transactions over the period in the Statement of Operations,

including realized and unrealized gains (losses). The derivative instrument schedules following the Portfolio of Investments

present additional information regarding derivative instruments outstanding at the end of the period, if any.

The following table is a summary of the fair value of derivative instruments (not considered to be hedging instruments for

accounting disclosure purposes) at June 30, 2025:

	Liability derivatives
Risk exposure category	Statement of assets and liabilities location	Fair value ($)
Equity risk	Option contracts written, at value	4,281,610

The following table indicates the effect of derivative instruments (not considered to be hedging instruments for accounting

disclosure purposes) in the Statement of Operations for the six months ended June 30, 2025:

Amount of realized gain (loss) on derivatives recognized in income
Risk exposure category	Option contracts purchased ($)	Option contracts written ($)	Total ($)
Equity risk	3,152	(30,478,979 )	(30,475,827 )

Change in unrealized appreciation (depreciation) on derivatives recognized in income
Risk exposure category	Option contracts written ($)
Equity risk	(4,247,276 )

The following table is a summary of the average daily outstanding volume by derivative instrument for the six months

ended June 30, 2025:

Derivative instrument	Average value ($)
Option contracts purchased	960
Option contracts written	(3,095,356 )

Offsetting of assets and liabilities

The following table presents the Fund’s gross and net amount of assets and liabilities available for offset under netting

arrangements with counterparties as well as any related collateral received or pledged by the Fund as of June 30, 2025:

		Morgan Stanley
Liabilities
Call option contracts written	$	4,281,610
Total financial and derivative net assets		(4,281,610 )
Total collateral received (pledged) (a)		(4,281,610 )
Net amount (b)	$	-

(a)	In some instances, the actual collateral received and/or pledged may be more than the amount shown due to overcollateralization.
(b)	Represents the net amount due from/(to) counterparties in the event of default.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Security transactions

Security transactions are accounted for on the trade date. Cost is determined and gains (losses) are based upon the specific

identification method for both financial statement and federal income tax purposes.

Income recognition

Corporate actions and dividend income are generally recorded net of any non-reclaimable tax withholdings, on the

ex-dividend date or upon receipt of an ex-dividend notification in the case of certain foreign securities.

The Fund may receive distributions from holdings in equity securities, business development companies (BDCs),

exchange-traded funds (ETFs), limited partnerships (LPs), other regulated investment companies (RICs), and real estate

investment trusts (REITs), which report information as to the tax character of their distributions annually. These distributions

are allocated to dividend income, capital gain and return of capital based on actual information reported. Return of capital is

recorded as a reduction of the cost basis of securities held. If the Fund no longer owns the applicable securities, return of

capital is recorded as a realized gain. With respect to REITs, to the extent actual information has not yet been reported,

estimates for return of capital are made by Columbia Management Investment Advisers, LLC (the Investment Manager), a

wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial). The Investment Manager’s estimates are

subsequently adjusted when the actual character of the distributions is disclosed by the REITs, which could result in a

proportionate change in return of capital to stockholders.

Awards from class action litigation are recorded as a reduction of cost basis if the Fund still owns the applicable securities

on the payment date. If the Fund no longer owns the applicable securities on the payment date, the proceeds are recorded

as realized gains.

Determination of net asset value

The net asset value per share of the Fund is computed by dividing the value of the net assets of the Fund by the total

number of outstanding shares of the Fund, rounded to the nearest cent, at the close of regular trading (ordinarily 4:00 p.m.

Eastern Time) every day the New York Stock Exchange is open.

Federal income tax status

The Fund intends to qualify each year as a regulated investment company under Subchapter M of the Internal Revenue

Code, as amended, and will distribute substantially all of its investment company taxable income and net capital gain, if any,

for its tax year, and as such will not be subject to federal income taxes. In addition, the Fund intends to distribute in each

calendar year substantially all of its ordinary income, capital gain net income and certain other amounts, if any, such that the

Fund should not be subject to federal excise tax. Therefore, no federal income or excise tax provision is recorded.

Foreign taxes

The Fund may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may

be recoverable. The Fund will accrue such taxes and recoveries, as applicable, based upon its current interpretation of tax

rules and regulations that exist in the markets in which it invests.

Realized gains in certain countries may be subject to foreign taxes at the Fund level, based on statutory rates. The Fund

accrues for such foreign taxes on realized and unrealized gains at the appropriate rate for each jurisdiction, as applicable.

The amount, if any, is disclosed as a liability in the Statement of Assets and Liabilities.

Dividends to stockholders

In November 2010, the Fund paid its first dividend under the Fund’s managed distribution policy adopted by the Fund’s

Board of Directors. Prior to the managed distribution policy, the Fund paid distributions pursuant to a level rate distribution

policy. Under its former distribution policy and consistent with the 1940 Act, the Fund could not distribute long-term capital

gains, as defined in the Internal Revenue Code of 1986, more often than once in any one taxable year. In October 2010, the

Fund received exemptive relief from the Securities and Exchange Commission that permits the Fund to distribute long-term

capital gains more often than once in any one taxable year. After consideration by the Fund’s Board of Directors, the Fund

adopted the managed distribution policy which allows the Fund to make periodic distributions of long-term capital gains.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Under its managed distribution policy, the Fund intends to make quarterly distributions to Common Stockholders at a rate

that reflects the past and projected performance of the Fund. The Fund expects to receive all or some of its current income

and gains from the following sources: (i) dividends received by the Fund that are paid on the equity and equity-related

securities in its portfolio; and (ii) capital gains (short-term and long-term) from option premiums and the sale of portfolio

securities. It is possible that the Fund’s distributions will at times exceed the earnings and profits of the Fund and therefore

all or a portion of such distributions may constitute a return of capital as described below. A return of capital is a return of a

portion of an investor’s original investment. A return of capital is not taxable, but it reduces a Stockholder’s tax basis in his or

her shares, thus reducing any loss or increasing any gain on a subsequent taxable disposition by the Stockholder of his or

her shares. Distributions may vary, and the Fund’s distribution rate will depend on a number of factors, including the net

earnings on the Fund’s portfolio investments and the rate at which such net earnings change as a result of changes in the

timing of, and rates at which, the Fund receives income from the sources described above. The net investment income of

the Fund consists of all income (other than net short-term and long-term capital gains) less all expenses of the Fund.

The Board of Directors may change the Fund’s distribution policy and the amount or timing of the distributions, based on a

number of factors, including, but not limited to, as the Fund’s portfolio and market conditions change, the amount of the

Fund’s undistributed net investment income and net short- and long-term capital gains and historical and projected net

investment income and net short- and long-term capital gains. Over time, the Fund will distribute all of its net investment

income and net short-term capital gains. In addition, at least annually, the Fund intends to distribute any net capital gain

(which is the excess of net long-term capital gain over net short-term capital loss) or, alternatively, to retain all or a portion of

the year’s net capital gain and pay federal income tax on the retained gain.

Dividends and other distributions to stockholders are recorded on ex-dividend dates.

The Fund has an investment objective to seek growth of capital and current income. In the latter regard, in 2024, the Fund’s

managed distribution policy provided stockholders with current income through quarterly distributions of $0.4625 per share,

comprised of $1.85 in long-term capital gains. In order to avoid federal excise tax in 2024, the Fund also paid a special

fourth quarter capital gain distribution, beyond its typical quarterly managed distribution policy, in the amount of $3.2669 per

share, comprised of $0.3122 in short-term capital gains and $2.9547 in long-term capital gains. No portion of the Fund’s

2024 distributions, including such special distribution, consisted of a return of capital. A return of capital may occur, for

example, when some or all of the money that you invested in the Fund is paid back to you. The Fund was fully invested

throughout 2024, implementing its technology and options investing strategies so as to position the Fund to achieve its

capital appreciation investment objective, as evidenced by the Fund’s NAV return of 27.61% in 2024, which underperformed

the Fund’s benchmark, the S&P North American Technology Sector Index’s return of 36.08% for the same period.

Guarantees and indemnifications

Under the Fund’s organizational documents and, in some cases, by contract, its officers and directors are indemnified

against certain liabilities arising out of the performance of their duties to the Fund. In addition, certain of the Fund’s

contracts with its service providers contain general indemnification clauses. The Fund’s maximum exposure under these

arrangements is unknown since the amount of any future claims that may be made against the Fund cannot be determined,

and the Fund has no historical basis for predicting the likelihood of any such claims.

Recent accounting pronouncements and regulatory updates

Accounting Standards Update 2023-09 Income Taxes (Topic 740)

In December 2023, the FASB issued Accounting Standards Update No. 2023-09 Income Taxes (Topic 740) Improvements to

Income Tax Disclosures. The amendments were issued to enhance the transparency and decision usefulness of income tax

disclosures primarily related to rate reconciliation and income taxes paid information. The amendments are effective for

annual periods beginning after December 15, 2024, with early adoption permitted. Management expects that the adoption of

the amendments will not have a material impact on its financial statements.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Note 3.

Fees and other transactions with affiliates

Management services fees

The Fund has entered into a Management Agreement with Columbia Management Investment Advisers, LLC (the

Investment Manager), a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial). Under the Management

Agreement, the Investment Manager provides the Fund with investment research and advice, as well as administrative

and accounting services. The management services fee is payable as a percentage of the Fund’s daily Managed Assets that

declines from 1.06% to 0.85% as the Fund’s Managed Assets increase. The annualized effective management services fee

rate for the six months ended June 30, 2025, was 1.06% of the Fund’s average daily Managed Assets. "Managed Assets"

means the net asset value of the Fund’s outstanding Common Stock plus the liquidation preference of any issued and

outstanding preferred stock of the Fund and the principal amount of any borrowings used for leverage. To date, the Fund

has not issued preferred stock.

Compensation of Board members

Members of the Board of Directors who are not officers or employees of the Investment Manager or Ameriprise Financial

are compensated for their services to the Fund as disclosed in the Statement of Operations. Under a Deferred Compensation

Plan (the Deferred Plan), these members of the Board of Directors may elect to defer payment of up to 100% of their

compensation. Deferred amounts are treated as though equivalent dollar amounts had been invested in shares of certain

funds managed by the Investment Manager. The Fund’s liability for these amounts is adjusted for market value changes and

remains in the Fund until distributed in accordance with the Deferred Plan. All amounts payable under the Deferred Plan

constitute a general unsecured obligation of the Fund. The expense for the Deferred Plan, which includes Directors’ fees

deferred during the current period as well as any gains or losses on the Directors’ deferred compensation balances as a

result of market fluctuations, is included in "Deferred compensation of board members" in the Statement of Operations.

Compensation of Chief Compliance Officer

The Board of Directors has appointed a Chief Compliance Officer for the Fund in accordance with federal securities

regulations. As disclosed in the Statement of Operations, a portion of the Chief Compliance Officer’s total compensation is

allocated to the Fund, along with other allocations to affiliated registered investment companies managed by the Investment

Manager and its affiliates, based on relative net assets.

Note 4.

Federal tax information

The timing and character of income and capital gain distributions are determined in accordance with income tax

regulations, which may differ from GAAP because of temporary or permanent book to tax differences.

At June 30, 2025, the approximate cost of all investments for federal income tax purposes and the aggregate gross

approximate unrealized appreciation and depreciation based on that cost was:

Federal tax cost ($)	Gross unrealized appreciation ($)	Gross unrealized (depreciation) ($)	Net unrealized appreciation ($)
256,804,000	274,595,000	(10,508,000 )	264,087,000

Tax cost of investments and unrealized appreciation/(depreciation) may also include timing differences that do not

constitute adjustments to tax basis.

Management of the Fund has concluded that there are no significant uncertain tax positions in the Fund that would require

recognition in the financial statements. However, management’s conclusion may be subject to review and adjustment at a

later date based on factors including, but not limited to, new tax laws, regulations, and administrative interpretations

(including relevant court decisions). Generally, the Fund’s federal tax returns for the prior three fiscal years remain subject to

examination by the Internal Revenue Service.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Note 5.

Portfolio information

The cost of purchases and proceeds from sales of securities, excluding short-term investments and derivatives, if any,

aggregated to $70,636,388 and $135,445,384, respectively, for the six months ended June 30, 2025. The amount of

purchase and sale activity impacts the portfolio turnover rate reported in the Financial Highlights.

Note 6.

Capital stock transactions

The Fund, in connection with its Dividend Investment Plan (the Plan), issues shares of its own Common Stock, as needed, to

satisfy the Plan requirements. A total of 645,960 shares were issued to the Plan participants during the six months ended

June 30, 2025, for proceeds of $21,314,262, a weighted average premium of 0.29% from the net asset value of those shares.

Pursuant to the Plan, unless a Common Stockholder elects otherwise, all cash dividends, capital gains distributions, and

other distributions are automatically reinvested in additional Common Stock. If you hold your shares in street name or other

nominee (i.e., through a broker), you should contact them to determine their policy, as the broker firm’s policy with respect to

Fund distributions may be to default to a cash payment. Common Stockholders who elect not to participate in the Plan

(including those whose intermediaries do not permit participation in the Plan by their customers) will receive all dividends

and distributions payable in cash directly to the Common Stockholder of record (or, if the shares of Common Stock are held

in street or other nominee name, then to such nominee). Common Stockholders may elect not to participate in the Plan and

to receive all distributions of dividends and capital gains or other distributions in cash by sending written instructions to

Equiniti Trust Company, LLC (Equiniti), 6201 15th Avenue, Brooklyn, NY 11219. Participation in the Plan may be terminated or

resumed at any time without penalty by written notice if received by Equiniti, prior to the record date for the next distribution.

Otherwise, such termination or resumption will be effective with respect to any subsequently declared distribution. The

income tax consequences of participation in the Plan are the same whether you participate in the Plan and reinvest your

Fund distributions or you elect not to participate in the Plan and receive all your Fund distributions in cash (i.e., capital gains

and income are realized, although cash is not received by the shareholder).

Under the Plan, Common Stockholders receive shares of Common Stock in lieu of cash distributions unless they have

elected otherwise as described above. Common Stock will be issued in lieu of cash by the Fund from previously authorized

but unissued Common Stock. If the market price of a share on the ex-dividend date of such a distribution is at or above the

Fund’s net asset value per share on such date, the number of shares to be issued by the Fund to each Common Stockholder

receiving shares in lieu of cash distributions will be determined by dividing the amount of the cash distribution to which such

Common Stockholder would be entitled by the greater of the net asset value per share on such date or 95% of the market

price of a share on such date. If the market price of a share on such an ex-dividend date is below the net asset value per

share, the number of shares to be issued to such Common Stockholders will be determined by dividing such amount by the

per share market price. The issuance of Common Stock at less than net asset value per share will dilute the net asset value

of all Common Stock outstanding at that time. Market price on any day means the closing price for the Common Stock at

the close of regular trading on the New York Stock Exchange on such day or, if such day is not a day on which the Common

Stock trades, the closing price for the Common Stock at the close of regular trading on the immediately preceding day on

which trading occurs.

The Fund reserves the right to amend or terminate the Plan as applied to any distribution paid subsequent to written notice

of the change sent to participants in the Plan at least 90 days before the record date for such distribution. There are no

service or brokerage charges to participants in the Plan; however, the Fund reserves the right to amend the Plan to include a

service charge payable to the Fund by the participants. The Fund reserves the right to amend the Plan to provide for

payment of brokerage fees by the Plan participants in the event the Plan is changed to provide for open market purchases of

Common Stock on behalf of the Plan participants. All correspondence concerning the Plan should be directed to Equiniti.

The Fund has entered into the Distribution Agreement with ALPS Distributors, Inc., pursuant to which the Fund may offer and

sell up to 8,000,000 shares of Fund Common Stock, from time to time, through the Distributor, in transactions that are

deemed to be "at-the-market" as defined in Rule 415 under the 1933 Act. There is no guarantee that there will be any sales

of Common Stock pursuant to the Prospectus relating to this offering. There is no guarantee that the Fund will sell all of the

Common Stock available for sale or that there will be any sales of Common Stock under this offering. The minimum price at

which Common Stock may be sold will not be less than an amount at least equal to the then current NAV per share of

Common Stock plus the per share of Common Stock amount of the commission to be paid to the Distributor (Minimum

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Price). The Fund along with the Distributor and the sub placement agent will not authorize sales of Common Stock if the

price per share of the Common Stock is less than the Minimum Price. The Fund may elect not to authorize sales of

Common Stock on a particular day even if the price per share of the Common Stock is equal to or greater than the Minimum

Price or may only authorize a fixed number of shares of Common Stock to be sold on any particular day. The Fund has full

discretion regarding whether sales of shares of Common Stock will be authorized on a particular day and, if so, in what

amounts. A total of 181,502 shares were issued under the at-the-market offering during the six months ended June 30, 2025

for proceeds of $5,033,341, a weighted average premium of 4.34% from the net asset value of those shares.

The Fund’s Board re-approved the Fund’s stock repurchase program for 2025, which is identical to the Fund’s 2024 stock

repurchase program. The Fund, under its stock repurchase program, currently intends to make open market purchases of its

Common Stock from time to time when the Fund’s Common Stock is trading at a discount to its net asset value, in an

amount approximately sufficient to offset the growth in the number of shares of Common Stock issued as a result of the

reinvestment of the portion of its distributions to Common Stockholders that are attributable to distributions received by the

Fund from its underlying portfolio investments less fund expenses. For the six months ended June 30, 2025, no shares were

purchased in the open market.

Note 7.

Affiliated money market fund

The Fund invests in Columbia Short-Term Cash Fund, an affiliated money market fund established for the exclusive use by

the Fund and other affiliated funds (the Affiliated MMF). The income earned by the Fund from such investments is included

as Dividends - affiliated issuers in the Statement of Operations. As an investing fund, the Fund indirectly bears its

proportionate share of the expenses of the Affiliated MMF. The Affiliated MMF prices its shares with a floating net asset

value. The Securities and Exchange Commission has adopted amendments to money market fund rules requiring

institutional prime money market funds like the Affiliated MMF to be subject to a discretionary liquidity fee of up to 2% if the

imposition of such a fee is determined to be in the best interest of the Affiliated MMF and to a mandatory liquidity fee if daily

net redemptions exceed 5% of net assets.

Note 8.

Interfund Lending

Pursuant to an exemptive order granted by the Securities and Exchange Commission, the Fund entered into a master

interfund lending agreement (the Interfund Program) with certain other funds advised by the Investment Manager or its

affiliates (each a Participating Fund). The Interfund Program allows each Participating Fund to lend money directly to and,

other than closed-end funds (including the Fund) and money market funds, borrow money directly from other Participating

Funds for temporary purposes through the Interfund Program (each an Interfund Loan).

A Participating Fund may make unsecured borrowings under the Interfund Program if its outstanding borrowings from all

sources, including those outside of the Interfund Program, immediately after such unsecured borrowing under the Interfund

Program are equal to or less than 10% of its total assets, provided that if the borrowing Participating Fund has a secured

loan outstanding from any other lender, including but not limited to another Participating Fund, the borrowing Participating

Fund’s borrowing under the Interfund Program will be secured on at least an equal priority basis with at least an equivalent

percentage of collateral to loan value as any outstanding loan that requires collateral. A Participating Fund may not borrow

through the Interfund Program or from any other source if its total outstanding borrowings immediately after a borrowing

would be more than 33 1/3% of its total assets or any lower threshold provided for by a Participating Fund’s fundamental or

non-fundamental policy restriction.

No Participating Fund may lend to another Participating Fund through the Interfund Program if the loan would cause the

lending Participating Fund’s aggregate outstanding loans under the Interfund Program to exceed 15% of its current net

assets at the time of the loan. A Participating Fund’s Interfund Loans to any one Participating Fund may not exceed 5% of

the lending Participating Fund’s net assets at the time of the loan. The duration of Interfund Loans will be limited to the time

required to receive payment for securities sold, but in no event more than seven days. Interfund Loans effected within

seven days of each other will be treated as separate loan transactions for purposes of this limitation. Each Interfund Loan

may be called on one business day’s notice by a lending Participating Fund and may be repaid on any day by a borrowing

Participating Fund.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

Loans under the Interfund Program are subject to the risk that the borrowing Participating Fund could be unable to repay the

loan when due, and a delay in repayment to the lending Participating Fund could result in a lost opportunity by the lending

Participating Fund to invest those loaned assets and additional lending costs. Because the Investment Manager provides

investment management services to both borrowing and lending Participating Funds, the Investment Manager may have a

potential conflict of interest in determining that an Interfund Loan is comparable in credit quality to other high-quality money

market instruments. The Participating Fund has adopted policies and procedures that are designed to manage potential

conflicts of interest, but the administration of the Interfund Program may be subject to such conflicts.

As noted above, the Fund may only participate in the Interfund Program as a Lending Fund. The Fund did not lend money

under the Interfund Program during the six months ended June 30, 2025.

Note 9.

Investments in illiquid investments

The Fund may not acquire any illiquid investment if, immediately after the acquisition, the Fund would have invested more

than 15% of Managed Assets in illiquid investments that are assets. For these purposes, an “illiquid investment” means any

investment that the Fund reasonably expects cannot be sold or disposed of in current market conditions in seven

calendar days or less without the sale or disposition significantly changing the market value of the investment.

Note 10.

Significant risks

Derivatives risk

Losses involving derivative instruments may be substantial, because a relatively small movement in the underlying reference

(which is generally the price, rate or other economic indicator associated with a security(ies), commodity, currency, index or

other instrument or asset) may result in a substantial loss for the Fund. In addition to the potential for increased losses, the

use of derivative instruments may lead to increased volatility within the Fund. Derivatives will typically increase the Fund’s

exposure to principal risks to which it is otherwise exposed, and may expose the Fund to additional risks, including

correlation risk, counterparty risk, hedging risk, leverage risk, liquidity risk and pricing risk.

Information technology sector risk

The Fund invests a substantial portion of its assets in technology and technology-related companies. The market prices of

technology and technology-related stocks tend to exhibit a greater degree of market risk and price volatility than other types

of investments. These stocks may fall in and out of favor with investors rapidly, which may cause sudden selling and

dramatically lower market prices. These stocks also may be affected adversely by changes in technology, consumer and

business purchasing patterns, government regulation and/or obsolete products or services. In addition, a rising interest rate

environment tends to negatively affect technology and technology-related companies. In such an environment, those

companies with high market valuations may appear less attractive to investors, which may cause sharp decreases in the

companies’ market prices. Further, those technology or technology-related companies seeking to finance their expansion

would have increased borrowing costs, which may negatively impact their earnings. As a result, these factors may

negatively affect the performance of the Fund. Finally, the Fund may be susceptible to factors affecting the technology and

technology-related industries, and the Fund’s net asset value may fluctuate more than a fund that invests in a wider range of

industries. Technology and technology-related companies are often smaller and less experienced companies and may be

subject to greater risks than larger companies, such as limited product lines, markets and financial and managerial

resources. These risks may be heightened for technology companies in foreign markets. Some companies in the

information technology sector are facing increased government and regulatory scrutiny and may be subject to adverse

government or regulatory action, which could negatively impact the value of their securities.

Market risk

The Fund may incur losses due to declines in the value of one or more securities in which it invests. These declines may be

due to factors affecting a particular issuer, or the result of, among other things, political, regulatory, market, economic or

social developments affecting the relevant market(s) more generally. In addition, turbulence in financial markets and

reduced liquidity in equity, credit and/or fixed income markets may negatively affect many issuers, which could adversely

affect the Fund’s ability to price or value hard-to-value assets in thinly traded and closed markets and could cause

operational challenges. Global economies and financial markets are increasingly interconnected, and conditions and events

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

in one country, region or financial market may adversely impact issuers in a different country, region or financial market.

These risks may be magnified if certain events or developments adversely interrupt the global supply chain; in these and

other circumstances, such risks might affect companies worldwide. As a result, local, regional or global events such as

terrorism, war, other conflicts, natural disasters, disease/virus outbreaks and epidemics or other public health issues,

recessions, depressions or other events – or the potential for such events – could have a significant negative impact on

global economic and market conditions.

Non-diversification risk

A non-diversified fund is permitted to invest a greater percentage of its total assets in fewer issuers than a diversified fund.

This increases the risk that a change in the value of any one investment held by the Fund could affect the overall value of the

Fund more than it would affect that of a diversified fund holding a greater number of investments. Accordingly, the Fund

value will likely be more volatile than the value of a more diversified fund.

Options risk

The Fund engages in transactions in options on securities, indices, exchange traded funds and market baskets of securities

on exchanges and in the OTC markets. In general, exchange-traded options have standardized exercise prices and expiration

dates and require the parties to post margin against their obligations, and the performance of the parties’ obligations in

connection with such options is guaranteed by the exchange or a related clearing corporation. OTC options have more

flexible terms negotiated between the buyer and the seller, but generally do not require the parties to post margin and are

subject to greater credit risk. OTC options also involve greater liquidity risk.

In addition to writing call options as described above, the Fund may purchase put options. By buying a put option, the Fund

will pay a premium to acquire a right to sell the securities or instruments underlying the put at the exercise price of the

option. The Fund will lose money if the securities or instruments underlying the option do not decline in value below the

exercise price of the option by an amount sufficient to offset the premium paid to acquire the option. To the extent the Fund

purchases put options in the OTC market, the Fund will be subject to the credit risk of the seller of the option. The Fund also

may write put options on the types of securities or instruments that may be held by the Fund, provided that such put options

are secured by segregated, liquid instruments. The Fund will receive a premium for writing a put option, which increases the

Fund’s return. In exchange for the premium received, the Fund has the obligation to buy the securities or instruments

underlying the option at an agreed-upon exercise price if the securities or instruments decrease below the exercise price of

the option.

The Fund will lose money if the securities or instruments decrease in value so that the amount the Fund is obligated to pay

the counterparty to the option to purchase the securities underlying the option upon exercise of the option exceeds the value

of those securities by an amount that is greater than the premium received by the Fund for writing the option.

The Fund may purchase call options on any of the types of securities or instruments in which it may invest. In exchange for

paying the option premium, a purchased call option gives the Fund the right to buy, and obligates the seller to sell, the

underlying security or instrument at the exercise price. The Fund will lose money if the securities or instruments underlying

the option do not appreciate in value in an amount sufficient to offset the premium paid by the Fund to acquire the option.

Writing call options risk

A principal aspect of the Fund’s investment strategy involves writing call options on the NASDAQ 100. This part of the Fund’s

strategy subjects the Fund to certain additional risks. A decision as to whether, when and how to use options involves the

exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful to some degree because of

market behavior or unexpected events. The principal factors affecting the market value of an option include supply and

demand, interest rates, the current market price of the underlying index or security in relation to the exercise price of the

option, the actual or perceived volatility of the underlying index or security and the time remaining until the expiration date.

The Fund intends to write call options on the NASDAQ 100; however, it does not intend to have a portfolio of securities that

mirrors the securities in the NASDAQ 100. As a result, during a period when the Fund has outstanding call options written on

the NASDAQ 100, the NASDAQ 100 may appreciate to a greater extent than the securities in the Fund’s portfolio. If the call

options are exercised in these circumstances, the Fund’s loss on the options will be greater because it will be paying the

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

option holder not only an amount effectively representing appreciation on securities in its own portfolio but also an amount

representing the greater appreciation experienced by the securities in the NASDAQ 100 that the Fund does not own. If, at a

time these call options may be exercised, the securities underlying these options have market values above the exercise

price, then these call options will be exercised and the Fund will be obligated to deliver to the option holder either the

securities underlying these options or to deliver the cash value of those securities, in exchange for which the option holder

will pay the Fund the exercise price. In either case, the Fund will incur losses to the extent the market value of the underlying

securities exceed the sum of the premium the Fund received from writing the call options and the exercise price of the call

options, which loss may be very substantial.

To the extent all or part of the Fund’s call options are covered, the Fund forgoes, during the option’s life, the opportunity to

profit from increases in the market value of the security underlying the call option above the sum of the option premium

received and the exercise price of the call, but has retained the risk of loss should the price of the underlying security decline

below the exercise price minus the option premium received. The writer of an exchange-listed option on a security has no

control over when during the exercise period of the option (which may be a single day or multiple days) it may be required to

fulfill its obligation as a writer of the option. Once an option writer has received an exercise notice, it would be obligated to

deliver the underlying security at the exercise price. Thus, the writing of call options may require the Fund to sell portfolio

securities at inopportune times or for prices other than current market values and will limit the amount of appreciation the

Fund can realize above the exercise price of an option.

The Fund may be required to sell investments from its portfolio to effect cash settlement (or transfer ownership of a stock

or other instrument to physically settle) on any written call options that are exercised. Such sales (or transfers) may occur at

inopportune times, and the Fund may incur transaction costs that increase the costs borne by Common Stockholders. The

Fund may sell written call options over an exchange or in the OTC market. The options in the OTC markets may not be as

liquid as exchange-listed options. The Fund may be limited in the number of counterparties willing to take positions opposite

the Fund or may find the terms of such counterparties to be less favorable than the terms available for listed options. The

Fund cannot guarantee that its options strategies will be effective. Moreover, OTC options may provide less favorable tax

treatment than listed options.

The value of options may be adversely affected if the market for such options becomes less liquid or smaller. There can be

no assurance that a liquid market will exist when the Fund seeks to close out an option position, in the case of a call option

written, by buying the option back. Reasons for the absence of a liquid secondary market on an exchange include the

following: (i) there may be insufficient trading interest in certain options; (ii) restrictions may be imposed by an exchange on

opening transactions or closing transactions or both; (iii) trading halts, suspensions or other restrictions may be imposed

with respect to particular classes or series of options; (iv) unusual or unforeseen circumstances may interrupt normal

operations on an exchange; (v) the facilities of an exchange or the Options Clearing Corporation (OCC) may not at all times

be adequate to handle current trading volume; or (vi) one or more exchanges could, for economic or other reasons, decide or

be compelled to discontinue the trading of options (or a particular class or series of options) at some future date. If trading

were discontinued, the secondary market on that exchange (or in that class or series of options) would cease to exist.

However, outstanding options on that exchange that had been issued by the OCC as a result of trades on that exchange

would continue to be exercisable in accordance with their terms. The Fund’s ability to terminate OTC options will be more

limited than with exchange-traded options and may involve the risk that broker-dealers participating in such transactions will

not fulfill their obligations.

The hours of trading for options may not conform to the hours during which the underlying securities are traded. To the

extent that the options markets close before the markets for the underlying securities, significant price and rate movements

can take place in the underlying markets that would not be reflected concurrently in the options markets. Call options are

marked to market daily and their value will be affected by changes in the value of and dividend rates of the underlying

common stocks, changes in interest rates, changes in the actual or perceived volatility of the stock market and the

underlying common stocks and the remaining time to the options’ expiration.

Additionally, the exercise price of an option may be adjusted downward before the option’s expiration as a result of the

occurrence of certain corporate events affecting the underlying equity security, such as extraordinary dividends, stock splits,

merger or other extraordinary distributions or events. A reduction in the exercise price of an option would reduce the Fund’s

capital appreciation potential on the underlying security.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Notes to Financial Statements

(continued)

June 30, 2025 (Unaudited)

The Fund’s options transactions will be subject to limitations established by each of the exchanges, boards of trade or other

trading facilities on which such options are traded. These limitations govern the maximum number of options in each class

which may be written or purchased by a single investor or group of investors acting in concert, regardless of whether the

options are written or purchased on the same or different exchanges, boards of trade or other trading facilities or are held or

written in one or more accounts or through one or more brokers. Thus, the number of options which the Fund may write or

purchase may be affected by options written or purchased by other investment advisory clients of the Investment Manager.

An exchange, board of trade or other trading facility may order the liquidation of positions found to be in excess of these

limits, and may impose certain other sanctions.

Note 11.

Subsequent events

Management has evaluated the events and transactions that have occurred through the date the financial statements were

issued and noted no items requiring adjustment of the financial statements or additional disclosure.

Note 12.

Information regarding pending and settled legal proceedings

Ameriprise Financial and certain of its affiliates are involved in the normal course of business in legal proceedings which

include regulatory inquiries, arbitration and litigation, including class actions concerning matters arising in connection with

the conduct of their activities as part of a diversified financial services firm. Ameriprise Financial believes that the Fund is

not currently the subject of, and that neither Ameriprise Financial nor any of its affiliates are the subject of, any pending

legal, arbitration or regulatory proceedings that are likely to have a material adverse effect on the Fund or the ability of

Ameriprise Financial or its affiliates to perform under their contracts with the Fund. Ameriprise Financial is required to make

quarterly (10-Q), annual (10-K) and, as necessary, 8-K filings with the Securities and Exchange Commission (SEC) on legal

and regulatory matters that relate to Ameriprise Financial and its affiliates. Copies of these filings may be obtained by

accessing the SEC website at

www.sec.gov

Although we believe proceedings are not likely to have a material adverse effect on the Fund or the ability of Ameriprise

Financial or its affiliates to perform under their contracts with the Fund, these proceedings are subject to uncertainties and,

as such, it is inherently difficult to determine whether any loss is probable or even reasonably possible, or to reasonably

estimate the amount of any loss that may result from such matters. An adverse outcome in one or more of these

proceedings could result in adverse judgments, settlements, fines, penalties or other relief, and may lead to further claims,

examinations, adverse publicity or reputational damage, each of which could have a material adverse effect on the

consolidated financial condition or results of operations or financial condition of Ameriprise Financial or one or more of its

affiliates that provide services to the Fund.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Approval of Management Agreement

(Unaudited)

Columbia Management Investment Advisers, LLC (the Investment Manager, and together with its domestic and global

affiliates, Columbia Threadneedle Investments), a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise

Financial), serves as the investment manager to Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund).

Under a management agreement (the Management Agreement), the Investment Manager provides investment advice and

other services to the Fund and other funds in the Columbia Fund family (collectively, the Columbia Funds).

On an annual basis, the Fund’s Board of Trustees (the Board), including the independent Board members (the Independent

Trustees), considers renewal of the Management Agreement. The Investment Manager prepared detailed reports for the

Board and its Contracts Committee (including its Contracts Subcommittee) in March, April and June 2025, including reports

providing the results of analyses performed by a third-party data provider, Broadridge Financial Solutions, Inc. (Broadridge),

and comprehensive responses by the Investment Manager to written requests for information by independent legal counsel

to the Independent Trustees (Independent Legal Counsel), to assist the Board in making this determination. In addition,

throughout the year, the Board (or its committees or subcommittees) regularly meets with portfolio management teams and

senior management personnel and reviews information prepared by the Investment Manager addressing the services the

Investment Manager provides and Fund performance. The Board also accords appropriate weight to the work, deliberations

and conclusions of the various committees (including their subcommittees), such as the Contracts Committee, the

Investment Review Committee, the Audit Committee and the Compliance Committee in determining whether to continue the

Management Agreement.

The Board, at its June 26, 2025 Board meeting (the June Meeting), considered the renewal of the Management Agreement

for an additional one-year term. At the June Meeting, Independent Legal Counsel reviewed with the Independent Trustees

various factors relevant to the Board’s consideration of advisory agreements and the Board’s legal responsibilities related to

such consideration. The Independent Trustees considered such information as they, their legal counsel or the Investment

Manager believed reasonably necessary to evaluate and to approve the continuation of the Management Agreement.

Among other things, the information and factors considered included the following:

•

Information on the investment performance of the Fund relative to the performance of a group of funds determined to

be comparable to the Fund by Broadridge, as well as performance relative to one or more benchmarks;

•

Information on the Fund’s management fees and total expenses, including information comparing the Fund’s expenses

to those of a group of comparable funds, as determined by Broadridge;

•

Terms of the Management Agreement;

•

Descriptions of various services performed by the Investment Manager under the Management Agreement, including

portfolio management and portfolio trading practices;

•

Information regarding the resources of the Investment Manager, including information regarding senior management,

portfolio managers and other personnel;

•

Information regarding the capabilities of the Investment Manager with respect to compliance monitoring services;

•

The profitability to the Investment Manager and its affiliates from their relationships with the Fund; and

•

Report provided by the Board’s independent fee consultant, JDL Consultants, LLC (JDL).

Following an analysis and discussion of the foregoing, and the factors identified below, the Board, including all of the

Independent Trustees, approved the renewal of the Management Agreement.

Nature, extent and quality of services provided by the Investment Manager

The Board analyzed various reports and presentations it had received detailing the services performed by the Investment

Manager, as well as its history, expertise, resources and relative capabilities, and the qualifications of its personnel.

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Approval of Management Agreement

(continued)

(Unaudited)

The Board specifically considered the many developments during recent years concerning the services provided by the

Investment Manager. Among other things, the Board noted the organization and depth of the equity and credit research

departments. The Board further observed the enhancements to the investment risk management department’s processes,

systems and oversight over the past several years. The Board also took into account the broad scope of services provided

by the Investment Manager to the Fund, including, among other services, investment, risk and compliance oversight. The

Board also took into account the information it received concerning the Investment Manager’s ability to attract and retain

key portfolio management personnel and that it has sufficient resources to provide competitive and adequate compensation

to investment personnel.

In connection with the Board’s evaluation of the overall package of services provided by the Investment Manager, the Board

also considered the nature, quality and range of administrative services provided to the Fund by the Investment Manager, as

well as the achievements in 2024 in the performance of administrative services, and noted the various enhancements

anticipated for 2025. In evaluating the quality of services provided under the Management Agreement, the Board also took

into account the organization and strength of the Fund’s and its service providers’ compliance programs. The Board also

reviewed the financial condition of the Investment Manager and its affiliates and each entity’s ability to carry out its

responsibilities under the Management Agreement.

In addition, the Board discussed the acceptability of the terms of the Management Agreement, noting that no changes were

proposed from the form of agreement previously approved. The Board also noted the wide array of legal and compliance

services provided to the Fund under the Management Agreement.

After reviewing these and related factors (including investment performance as discussed below), the Board concluded,

within the context of their overall conclusions, that the nature, extent and quality of the services provided to the Fund under

the Management Agreement supported the continuation of the Management Agreement.

Investment performance

The Board carefully reviewed the investment performance of the Fund, including detailed reports providing the results of

analyses performed by each of the Investment Manager, Broadridge and JDL collectively showing, for various periods

(including since manager inception): (i) the performance of the Fund, (ii) the Fund’s performance relative to peers and

benchmarks and (iii) the net assets of the Fund. The Board observed that the Fund’s performance for certain periods ranked

above median based on information provided by Broadridge.

The Board also reviewed a description of the third-party data provider’s methodology for identifying the Fund’s peer groups

for purposes of performance and expense comparisons.

The Board also considered the Investment Manager’s performance and reputation generally, After reviewing these and

related factors, the Board concluded, within the context of their overall conclusions, that the performance of the Fund and

the Investment Manager, in light of other considerations, supported the continuation of the Management Agreement.

Comparative fees, costs of services provided and the profits realized by the Investment Manager and its

affiliates from their relationships with the Fund

The Board reviewed comparative fees and the costs of services provided under the Management Agreement. The Board

members considered detailed comparative information set forth in an annual report on fees and expenses, including, among

other things, data (based on analyses conducted by Broadridge and JDL) showing a comparison of the Fund’s expenses

with median expenses paid by funds in its comparative peer universe, as well as data showing the Fund’s contribution to the

Investment Manager’s profitability.

The Board considered the reports of JDL, which assisted in the Board’s analysis of the Funds’ performance and expenses

and the reasonableness of the Funds’ fee rates. The Board accorded particular weight to the notion that a primary objective

of the level of fees is to achieve a rational pricing model applied consistently across the various product lines in the Fund

family, while assuring that the overall fees for each Columbia Fund (with certain exceptions) are generally in line with the

current “pricing philosophy” such that Fund total expense ratios, in general, approximate or are lower than the median

expense ratios of funds in the same Lipper comparison universe. With respect to the Fund, a closed-end Fund, the Board

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Approval of Management Agreement

(continued)

(Unaudited)

observed that although the Fund’s expense ratio was higher than the comparative closed-end fund peer group’s median

expense ratio, the Fund is the only technology-focused fund in the universe. The Board further observed that, unlike many

technology-focused open-end funds, the Fund employs a unique options-writing strategy designed to cushion its downside

performance.

After reviewing these and related factors, the Board concluded, within the context of their overall conclusions, that the levels

of management fees and expenses of the Fund, in light of other considerations, supported the continuation of the

Management Agreement.

The Board also considered the profitability of the Investment Manager and its affiliates in connection with the Investment

Manager providing management services to the Fund. With respect to the profitability of the Investment Manager and its

affiliates, the Independent Trustees referred to information discussing the profitability to the Investment Manager and

Ameriprise Financial from managing the Columbia Funds. The Board considered that the profitability generated by the

Investment Manager in 2024 had increased from 2023 levels due to a variety of factors, including the increased assets

under management of the Funds. It also took into account the indirect economic benefits flowing to the Investment

Manager or its affiliates in connection with managing the Columbia Funds, such as the enhanced ability to offer various

other financial products to Ameriprise Financial customers, soft dollar benefits and overall reputational advantages. The

Board noted that the fees paid by the Fund should permit the Investment Manager to offer competitive compensation to its

personnel, make necessary investments in its business and earn an appropriate profit. After reviewing these and related

factors, the Board concluded, within the context of their overall conclusions, that the costs of services provided and the

profitability to the Investment Manager and its affiliates from their relationships with the Fund supported the continuation of

the Management Agreement.

Economies of scale

The Board considered the economies of scale that might be realized as the Fund’s net asset level grows and took note of the

extent to which Fund shareholders might also benefit from such growth. In this regard, the Board took into account that

management fees decline as Fund assets exceed various breakpoints, all of which have not been surpassed. The Board

observed that the Management Agreement thus provides for breakpoints in the management fee rate schedule that allow

opportunities for shareholders to realize lower fees as Fund assets grow and that there are additional opportunities through

other means for sharing economies of scale with shareholders. The Board observed, however, that there is limited potential

for economies of scale that would inure to the benefit of shareholders, given the closed-end nature of the Fund.

Conclusion

The Board reviewed all of the above considerations in reaching its decision to approve the continuation of the Management

Agreement. In reaching its conclusions, no single factor was determinative.

On June 26, 2025, the Board, including all of the Independent Trustees, determined that fees payable under the Management

Agreement were fair and reasonable in light of the extent and quality of services provided and approved the renewal of the

Management Agreement.

RESULTS OF MEETING OF STOCKHOLDERS

(Unaudited)

The 15th Annual Meeting of Stockholders of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) was

held on June 24, 2025 at the Marquette Hotel, 710 S. Marquette Avenue, Minneapolis, Minnesota 55402. Stockholders voted

in favor of two Board of Directors’ recommended proposals. The description of each proposal and number of shares voted

are as follows:

Columbia Seligman Premium Technology Growth Fund, Inc. | 2025

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Common Stocks 99.7%
Issuer	Shares	Value ($)
Communication Services 13.9%
Cable & Satellite 0.5%
Comcast Corp., Class A	71,100	2,537,559
Interactive Home Entertainment 0.8%
Electronic Arts, Inc.	26,200	4,184,140
Interactive Media & Services 11.7%
Alphabet, Inc., Class A (a)	122,020	21,503,585
Alphabet, Inc., Class C	54,700	9,703,233
Match Group, Inc.	259,900	8,028,311
Meta Platforms, Inc., Class A	17,470	12,894,432
Pinterest, Inc., Class A (b)	208,726	7,484,914
TripAdvisor, Inc. (b)	92,354	1,205,220
Total		60,819,695
Movies & Entertainment 0.9%
Walt Disney Co. (The)	40,100	4,972,801
Total Communication Services		72,514,195
Consumer Discretionary 3.0%
Broadline Retail 3.0%
Amazon.com, Inc. (a),(b)	44,100	9,675,099
eBay, Inc. (a)	78,670	5,857,768
Total		15,532,867
Total Consumer Discretionary		15,532,867
Financials 6.5%
Transaction & Payment Processing Services 6.5%
Block, Inc., Class A (b)	72,650	4,935,115
Global Payments, Inc.	136,669	10,938,987
Shift4 Payments, Inc., Class A (b)	30,046	2,977,859
Visa, Inc., Class A (a)	42,625	15,134,006
Total		33,985,967
Total Financials		33,985,967
Industrials 6.4%
Heavy Electrical Equipment 4.8%
Bloom Energy Corp., Class A (b)	1,048,634	25,083,325
Passenger Ground Transportation 1.6%
Lyft, Inc., Class A (b)	513,400	8,091,184
Total Industrials		33,174,509
Information Technology 69.9%

Common Stocks (continued)
Issuer	Shares	Value ($)
Application Software 5.4%
BILL Holdings, Inc. (b)	36,900	1,706,994
DocuSign, Inc. (b)	22,217	1,730,482
Dropbox, Inc., Class A (b)	122,535	3,504,501
RingCentral, Inc., Class A (b)	159,583	4,524,178
Salesforce, Inc.	29,487	8,040,810
Synopsys, Inc. (b)	12,835	6,580,248
Unity Software, Inc. (b)	87,700	2,122,340
Total		28,209,553
Communications Equipment 3.6%
Arista Networks, Inc. (b)	64,496	6,598,586
Cisco Systems, Inc.	124,100	8,610,058
F5, Inc. (b)	12,176	3,583,640
Total		18,792,284
Electronic Components 0.5%
Coherent Corp. (b)	30,400	2,711,984
Electronic Equipment & Instruments 1.1%
Advanced Energy Industries, Inc.	43,849	5,809,992
Internet Services & Infrastructure 3.1%
GoDaddy, Inc., Class A (b)	52,224	9,403,453
Wix.com Ltd. (b)	43,528	6,897,447
Total		16,300,900
Semiconductor Materials & Equipment 11.2%
Applied Materials, Inc. (a)	98,571	18,045,393
Lam Research Corp. (a)	324,799	31,615,935
Teradyne, Inc.	97,549	8,771,606
Total		58,432,934
Semiconductors 22.6%
Analog Devices, Inc.	11,994	2,854,812
Broadcom, Inc. (a)	117,633	32,425,535
Marvell Technology, Inc.	159,092	12,313,721
NVIDIA Corp. (a)	208,630	32,961,454
NXP Semiconductors NV	40,600	8,870,694
ON Semiconductor Corp. (b)	71,500	3,747,315
Renesas Electronics Corp.	480,800	5,948,185
Semtech Corp. (b)	132,555	5,983,533
Synaptics, Inc. (b)	133,898	8,679,268

Common Stocks (continued)
Issuer	Shares	Value ($)
Taiwan Semiconductor Manufacturing Co., Ltd., ADR	17,800	4,031,522
Total		117,816,039
Systems Software 13.5%
Adeia, Inc.	294,425	4,163,170
Check Point Software Technologies Ltd. (b)	9,300	2,057,625
Gen Digital, Inc.	421,998	12,406,741
Microsoft Corp. (a)	57,525	28,613,510
Oracle Corp.	63,010	13,775,876
Palo Alto Networks, Inc. (b)	20,766	4,249,554
Tenable Holdings, Inc. (b)	140,748	4,754,468
Total		70,020,944
Technology Hardware, Storage & Peripherals 8.9%
Apple, Inc. (a)	83,700	17,172,729
Hewlett Packard Enterprise Co.	279,000	5,705,550
NetApp, Inc.	99,352	10,585,956
Sandisk Corp. (b)	24,063	1,091,257

Common Stocks (continued)
Issuer	Shares	Value ($)
Western Digital Corp.	178,989	11,453,506
Total		46,008,998
Total Information Technology		364,103,628
Total Common Stocks (Cost: $252,240,825)		519,311,166

Money Market Funds 1.1%
	Shares	Value ($)
Columbia Short-Term Cash Fund, 4.473% (c),(d)	5,862,597	5,861,425
Total Money Market Funds (Cost: $5,860,505)		5,861,425
Total Investments in Securities (Cost $258,101,330)		525,172,591
Other Assets & Liabilities, Net		(4,247,523 )
Net Assets		$520,925,068

Call option contracts written
Description	Counterparty	Trading currency	Notional amount	Number of contracts	Exercise price/Rate	Expiration date	Premium received ($)	Value ($)
Apple, Inc.	Morgan Stanley	USD	(1,456,707 )	(71 )	220.00	11/21/2025	(73,053 )	(66,385 )
NASDAQ 100 Index	Morgan Stanley	USD	(251,737,011 )	(111 )	22,625.00	07/18/2025	(1,224,358 )	(4,215,225 )
Total							(1,297,411 )	(4,281,610 )

(a)	This security or a portion of this security has been pledged as collateral in connection with derivative contracts.
(b)	Non-income producing investment.
(c)	The rate shown is the seven-day current annualized yield at June 30, 2025.
(d)	Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended June 30, 2025 are as follows:

Affiliated issuers	Beginning of period($)	Purchases($)	Sales($)	Net change in unrealized appreciation (depreciation)($)	End of period($)	Realized gain (loss)($)	Dividends($)	End of period shares
Columbia Short-Term Cash Fund, 4.473%
	16,091,932	110,154,419	(120,384,975 )	49	5,861,425	(627 )	256,206	5,862,597

	Six Months Ended June 30, 2025 (Unaudited)	Year Ended December 31, 2024
Operations
Net investment loss	$ (742,918 )	$ (1,380,189 )
Net realized gain (loss)	(2,329,416 )	84,286,159
Net change in unrealized appreciation (depreciation)	(13,788,897 )	48,040,499
Net increase (decrease) in net assets resulting from operations	(16,861,231 )	130,946,469
Distributions to stockholders
Net investment income and net realized gains	(15,962,416 )	(84,735,804 )
Total distributions to stockholders	(15,962,416 )	(84,735,804 )
Increase in net assets from capital stock activity	26,347,603	2,266,843
Total increase (decrease) in net assets	(6,476,044 )	48,477,508
Net assets at beginning of period	527,401,112	478,923,604
Net assets at end of period	$520,925,068	$527,401,112

	Six Months Ended		Year Ended
	June 30, 2025 (Unaudited)		December 31, 2024
	Shares	Dollars ($)	Shares	Dollars ($)
Capital stock activity
Common Stock issued at market price in distributions	645,960	21,314,262	75,332	2,266,843
Common Stock issued through at-the-market offering	181,502	5,033,341	—	—
Total net increase	827,462	26,347,603	75,332	2,266,843

	Six Months Ended June 30, 2025 (Unaudited)	Year ended December 31,
	Six Months Ended June 30, 2025 (Unaudited)	2024	2023	2022
Per share data
Net asset value, beginning of period	$31.84	$29.05	$22.63	$35.42
Income from investment operations:
Net investment income (loss)	(0.04 )	(0.08 )	(0.05 )	(0.08 )
Net realized and unrealized gain (loss)	(0.94 )	7.99	8.58	(9.78 )
Total from investment operations	(0.98 )	7.91	8.53	(9.86 )
Less distributions to Stockholders from:
Net investment income	—	—	—	—
Net realized gains	(0.93 )	(5.12 )	(2.12 )	(2.93 )
Total distributions to Stockholders	(0.93 )	(5.12 )	(2.12 )	(2.93 )
(Dilution) Anti-dilution in net asset value from share purchases (via dividend reinvestment program and at-the-market offerings) (a)	0.02	(0.00 ) (b)	0.01	(0.00 ) (b)
Anti-dilution in net asset value from share buy-backs (via stock repurchase program) (a)	—	—	—	—
Net asset value, end of period	$29.95	$31.84	$29.05	$22.63
Market price, end of period	$30.41	$31.95	$31.60	$23.23
Total return
Based upon net asset value	(3.02 %)	27.61 %	38.89 %	(28.74 %)
Based upon market price	(1.87 %)	17.72 %	47.19 %	(29.99 %)
Ratios to average net assets
Total gross expenses (c)	1.12 %	1.13 %	1.13 %	1.13 %
Net investment income (loss)	(0.30 %)	(0.26 %)	(0.19 %)	(0.29 %)
Supplemental data
Net assets, end of period (in thousands)	$520,925	$527,401	$478,924	$366,036
Portfolio turnover	14 %	40 %	25 %	9 %

Notes to Financial Highlights
(a)	Prior to the period ended December 31, 2022, per share amounts were only presented if the net dilution/anti-dilution impact was material relative to the Fund’s average net assets for Common Stock.
(b)	Rounds to zero.
(c)	In addition to the fees and expenses that the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of any other funds in which it invests. Such indirect expenses are not included in the Fund’s reported expense ratios.

Year ended December 31,
2021	2020	2019	2018	2017	2016	2015

$27.86	$23.43	$16.96	$20.83	$17.78	$17.29	$17.69

(0.06 )	0.11	(0.02 )	(0.01 )	(0.06 )	(0.05 )	(0.04 )
10.76	6.17	8.34	(1.36 )	5.74	2.39	1.49
10.70	6.28	8.32	(1.37 )	5.68	2.34	1.45

—	(0.11 )	—	—	—	—	—
(3.14 )	(1.74 )	(1.85 )	(2.50 )	(2.63 )	(1.85 )	(1.85 )
(3.14 )	(1.85 )	(1.85 )	(2.50 )	(2.63 )	(1.85 )	(1.85 )
—	—	—	—	—	—	—
—	—	—	—	—	—	—
$35.42	$27.86	$23.43	$16.96	$20.83	$17.78	$17.29
$37.01	$27.24	$23.55	$16.81	$22.25	$18.74	$17.93

39.38 %	29.17 %	51.04 %	(7.77 %)	32.72 %	15.29 %	8.40 %
48.96 %	25.65 %	53.17 %	(14.42 %)	34.51 %	17.18 %	5.05 %

1.13 %	1.15 %	1.15 %	1.15 %	1.16 %	1.17 %	1.17 %
(0.18 %)	0.50 %	(0.08 %)	(0.05 %)	(0.28 %)	(0.33 %)	(0.24 %)

$564,220	$443,114	$372,063	$265,315	$320,472	$273,226	$265,426
27 %	32 %	43 %	34 %	47 %	61 %	61 %

Director	For	Withheld
Daniel J. Beckman	10,755,465	227,023
Janet L. Carrig	10,697,942	284,546
Douglas A. Hacker	10,704,120	278,368
Sandra L. Yeager	10,737,493	244,995

(registrant)	Columbia Seligman Premium Technology Growth Fund, Inc

By (Signature and Title)	/s/ Daniel J. Beckman
	Daniel J. Beckman, President and Principal Executive Officer

Date	August 21, 2025

By (Signature and Title)	/s/ Michael G. Clarke
	Michael G. Clarke, Chief Financial Officer,
	Principal Financial Officer and Senior Vice President

Date	August 21, 2025

For	Against	Abstain
10,711,553	111,532	159,397

By (Signature and Title)	/s/ Charles H. Chiesa
	Charles H. Chiesa, Treasurer, Chief Accounting
	Officer and Principal Financial Officer

Date	August 21, 2025