Merger


Grupo de Inversiones Suramericana S.A. (hereinafter "Grupo SURA"), in compliance with Resolution No. 0890 issued on July 13, 2018, whereby the Colombian Superintendency of Finance authorized the merger between Grupo SURA, acting as the absorbing company, and its subsidiaries Grupo de Inversiones Suramericana Panamá S.A. and Gruposura Finance, as the companies that were absorbed, hereby reports the value of its assets, liabilities, authorized capital, subscribed and paid in capital as well as shareholders´ equity as of July 31, 2018, the date on which said merger was carried out.
 Total assetsCOP 28.519.163.968.967,00Total liabilitiesCOP 5.973.131.937.823,00Net shareholders´ equityCOP 22.546.032.031.144,00Intrinsic valueCOP 38.740,38Authorized capitalCOP 112.500.000.000,00Subscribed and paid-in capitalCOP 109.120.790.251,00

Figures taken from the company's separate financial statements.