The Board of Directors approves the signing of a Memorandum of Understanding (MOU).

Trades of the Company's shares are suspended on the Colombian Stock Market.

The Framework Agreement is signed laying out the transactions to be carried out in compliance with the MOU.

Trades of the Company's shares resume on the Colombian Stock Market.

A Shareholders' Meeting addresses conflicts of interest and authorizes the Framework Agreement signing.

The Board of Directors gives its approval to go ahead with the execution of the Framework Agreement.

Grupo Nutresa S.A. calls for an Extraordinary Shareholders' Meeting to be held on September 18, 2023.

The Board of Directors authorizes certain changes to be implemented that will speed up the execution of the Framework Agreement.

The General Assembly of Shareholders authorizes changes in the use and creation of the Company's reserves and gives the green light to repurchasing its own shares in order to comply with the provisions of this Agreement

Grupo SURA signs an amendment to the Framework Agreement to speed up the exchange of shares, as authorized by the Board of Directors and duly announced in September.

Grupo Nutresa filed with the Medellín Chamber of Commerce a public deed drawing up and legalizing the spin-off into two companies: Sociedad Portafolio and Nutresa.

As of Tuesday, January 9, shares in Sociedad Portafolio, resulting from the spin-off from Grupo Nutresa, began trading on the Colombian Stock Exchange (Bolsa de Valores de Colombia).

The Colombian Ministry of Finance issued Decree 0079 of 2024, which establishes the legal conditions for share swaps and guarantees equal treatment to minority shareholders.

Grupo SURA signed a third addendum to the Framework Agreement in order to include JGDB and Nugil as bidders in the tender offer for shares in Nutresa.

The first exchange of shares took place, in which Grupo SURA and Grupo Argos delivered their shares in Nutresa and received in exchange their own shares and those of Sociedad Portafolio.

Grupo SURA launched jointly (not severally) with Grupo Argos, JGDB Holding, Nugil and Graystone Holdings (the entity delegated by IHC) a tender offer for up to 23.10% of Grupo Nutresa's shares.

This tender offer for up to 23.1% of Grupo Nutresa’s shares was duly completed and settled. 1,583 acceptances were received for 102,914,771 ordinary shares in this food company, 22.6% of its total outstanding shares.

The second stage of the share swap ended thereby finalizing the execution of the Framework Agreement. Consequently, Grupo SURA and Grupo Argos cease to be shareholders of Grupo Nutresa, while JGDB, Nugil and IHC cease to be shareholders of Grupo SURA.