In compliance with our relevant information reporting obligations, Grupo de Inversiones Suramericana S.A. ("Grupo SURA" or the “Company”) hereby announces that today its shareholders, at an extraordinary meeting of the General Assembly of Shareholders, authorized Grupo SURA to repurchase its own shares as part of the liquidation of Sociedad Portafolio S.A.^[1], charging these to the share buyback reserve.

Therefore, once the liquidation of Sociedad Portafolio is complete, Grupo SURA shall receive thirty-seven million two hundred and ten thousand six hundred and sixty-four (37,210,664) shares of its own common stock equivalent to one trillion five hundred and two thousand one hundred and forty-nine million eight hundred and forty-four thousand seventy-two pesos (COP 1,502,149,844,072).

It should be noted that to date, the Company has the necessary amount of reserves to carry out this share buyback and that, after this transaction, the balance of the corresponding reserve in which the repurchased shares shall be held shall total one hundred and thirty-six billion seven hundred and seventy-six million four hundred and fifteen thousand two hundred and sixty-eight pesos (COP 136,776,415,268).

Details of the proposed resolutions that were submitted for the of the General Assembly of Shareholders at the aforementioned extraordinary meeting have been made available on Grupo SURA's website (www.gruposura.com.co).

^[1]As a step towards the implementation of the Framework Agreement, Sociedad Portafolio, holder of the portfolio of shares held by Grupo NUTRESA in Grupo SURA and Grupo Argos, was created in the form of a spin-off.