Grupo de Inversiones Suramericana S.A. ("Grupo SURA") hereby announces that at today's meeting of its Board of Directors, and  after several meetings of the Sustainability and Corporate Governance Committee, this authority responsible for conducting a detailed review of the succession process for the position of the Company's Chief Executive Officer, as well as after both this Committee and the Board had the opportunity to conduct a detailed analysis of the candidates to succeed the Company´s Chief Executive Officer, together with the recommendation of said Committee, the Board of Directors of Grupo SURA appointed Ricardo Jaramillo Mejía as the Company´s Chief Executive Officer as of May 1, 2024. This follows the decision of the current Chief Executive Officer, Gonzalo Perez Rojas, to begin his retirement, according to his letter of resignation submitted to the Board of Directors on August 31, 2023 and as duly announced to the market.

Ricardo Jaramillo, currently serves as Grupo SURA´s Chief Business Development and Finance Officer. Following this decision, and within the framework of the Company´s corporate governance and the ongoing process of drawing up succession plans, the Company´s Board of Directors shall soon begin the process of evaluating candidates to assume this soon-to-be vacated position.

Ricardo, acknowledged for his leadership and experience, shall continue to contribute to Grupo SURA´s sustainable growth as well as to advancing the Company´s strategy as an investment manager, firmly committed to the societies and territories where it is present.

Likewise, Grupo SURA´s Board of Directors and Senior Management expressed their gratitude and recognition to Gonzalo Pérez for more than 42 years of service to the SURA Business Group. During a lifetime of work and leadership with the SURA Business Group, Gonzalo Perez made a decisive contribution to its growth as well as that of the companies that form part of its portfolio.