Grupo de Inversiones Suramericana S.A. hereby announces that its General Assembly of Shareholders at its annual ordinary meeting held today adopted the following decisions:
1. Approval for the Management Report from the Board of Directors and Chief Executive Officer.
2. Approval for both the Separate and Consolidated Financial Statements at December 31, 2021.
3. Approval for the distribution of dividends, the setting up of the Company’s reserves and the funds to be allocated for social outreach programs.
https://www.gruposura.com/wp-content/uploads/2022/02/grupo-sura-proposed-distribution-of-profits-approved-by-assembly-of-shareholders-2022.pdf
4. Approval for the amendments to the Company's By-Laws, details of which have been made available at the following link: ttps://www.gruposura.com/en/noticia/proposed-amendment-to-the-companys-articles-of-incorporation-as-approved-by-the-board-of-directors-and-to-be-submitted-for-the-consideration-of-the-shareholders-at-their-upcoming-annual-ordi/
Likewise, the Shareholders instructed Senior Management to proceed with the official execution, delivery and recording of said amendments.
5. A new Board of Directors was appointed for the period April 2022 through to March 2024, consisting of the following members
Independent members:
- Jaime Bermudez Merizalde
- Maria Carolina Uribe Arango
- José Luis Suárez Parra
Equity members:
- Jorge Mario Velasquez Jaramillo
- Alejandro Piedrahita Borrero
- Carlos Ignacio Gallego Palacio
- Gabriel Gilinski Kardonski
6. The Firm Ernst & Young Audit S.A.S. was appointed as the Company’s Statutory Auditor for the fiscal years of 2022 and 2023.
7. Approval was given to the amount of fees for members of the Board of Directors, these set at $8,800,000 for each meeting of both the Board and each of the Board Committees, for the period April 2022 through to March 2023.
8. Likewise, approval was given to an annual fee of COP 339,741,905 before VAT, payable to the Company’s Statutory Auditor for the period April 2022 through to March 2023.
