Views of Columbia Trust Company are as of the date published and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security. Products and services are offered by Columbia Trust Company, a division of Columbia Bank, which is an Oregon state chartered bank and a wholly owned subsidiary of Columbia Banking System, Inc. The professionally managed investments of Columbia Trust Company are: NOT A DEPOSIT • NOT FDIC INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT GUARANTEED BY COLUMBIA BANK • MAY GO DOWN IN VALUE