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HoldCo Asset Management, a Florida-based investment firm, released a presentation to Columbia Banking System, Inc. entitled "Respect To The Board." HoldCo owns common stock of Columbia Banking System and has an economic interest in the price of these securities. In the presentation, HoldCo stated that it does not intend to pursue a proxy contest at the 2026 Annual Meeting, citing recent concessions made by the board and management. HoldCo will be actively monitoring the company's actions and capital allocation decisions.
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