Decisions adopted by the General Assembly of Shareholders at their recent Extraordinary Meeting

Relevant information

In compliance with current relevant information reporting requirements,  Grupo de Inversiones Suramericana S.. (Grupo SURA)  hereby announces the following decision that was adopted at an Extraordinary Meeting of its General Assembly of Shareholders held today.

  • As Grupo SURA informed the public stock market on June 16 of this year, the purpose of this Extraordinary Meeting was to evaluate and decide on potential conflicts of interest on the part of some of Grupo SURA's directors in order for these to deliberate and decide on approving and subsequently implementing the transactions subject to the Framework Agreement signed on June 15 of this year, as part of the Memorandum of Understanding signed by these companies on May 24 of this year.
  • For this purpose, the communications sent by all those directors who declared potential conflicts of interest were made available on the Company's website  (gruposura.com.co)  as follows:
  • Ángela María Tafur, Gabriel Gilinski and María Ximena Lombana, members of the Board of Directors.
  • Gonzalo Pérez, Ricardo Jaramillo and Juan Luis Múnera, Legal Representatives, and Marianella Pulido, Legal, Judicial and Administrative Representative of the Company.

At this meeting, the shareholders adopted the following decisions:

  • To authorize the directors Ángela María Tafur and María Ximena Lombana to take part in deliberating and deciding on whether to approve as well as the subsequent implementation of the transactions subject to the agreements signed by Grupo SURA on June 15 of this year.
  • Not to authorize Gabriel Gilinski to take part in deliberating and deciding on whether to approve as well as the subsequent implementation of the transactions subject to the agreements signed by Grupo SURA on June 15 of this year.
  • To authorize the Legal Representatives Gonzalo Pérez, Ricardo Jaramillo, Juan Luis Múnera and the Judicial and Administrative Legal Representative Marianella Pulido, to execute all those acts that are necessary, conducive or advisable for implementing the transactions subject to the agreements signed by Grupo SURA on June 15 of the current year.

In accordance with the decisions made by the shareholders, Grupo SURA´s Board of Directors has the necessary quorum to deliberate and decide on this matter; and the legal representatives, are duly authorized to execute all those acts relating to the implementation of the aforementioned transactions.