Form 497K Columbia Funds Variable
Supplement dated March
20, 2026
to the Prospectus and Summary Prospectus of the following
Fund:
| Fund |
Prospectus and Summary Prospectus |
| Columbia Funds Variable Series Trust II |
|
| CTIVP® - TCW Core Plus Bond Fund |
5/1/2025 |
On March 19, 2026, the Fund's Board of Trustees approved a change to the Fund's name
effective on or about May 1, 2026 (the Effective Date). Accordingly, as of the Effective Date, the Fund's name will be changed
to
CTIVP®
- TCW Total Return Bond Fund and all references to the current name in the Fund's Prospectus and Summary Prospectus are hereby deleted and replaced with CTIVP® - TCW Total
Return Bond Fund.
Shareholders should retain this Supplement for future reference.
SUP7032-0003_(03/26)
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