Grupo de Inversiones Suramericana S.A. hereby announces that in order to strengthen the capital of the subsidiaries belonging to Suramericana and Sura AM, through which the former conduct their activities in different countries in Latin America, this in addition to providing support to the ongoing growth of the voluntary savings business and optimizing the distribution of capital within the SURA - Bancolombia Financial Conglomerate, indirect investments were made in the capital of these subsidiaries during the period beginning on March 26, 2019 and ending on June 19, 2020.

The Colombian Superintendency of Finance (SFC), by means of Resolution 399 of 2022, decided in the first instance to impose an administrative sanction based on the understanding that there had been an alleged non-compliance with the regulations relating to the capitalization regime. Grupo SURA shall be filing the appropriate legal appeals against the SFC's decision.