Or, you could simply use:

SELECT
  col1,
  col2,
  col3,
  CASE WHEN col4 = 'A' THEN col4
       WHEN col5 = 'B' THEN col5
       END as type
FROM table1
WHERE col4 = 'A' OR col5 = 'B'

This will only show each row once, whereas your query might have shown the same row multiple times if col4 = 'A' AND col5 = 'B'.