Grupo de Inversiones Suramericana S.A. ("Grupo SURA") hereby announces that a second addendum ("Addendum No 2") to the Framework Agreement signed on June 15, 2023 (the "Agreements")[1] for the exchange of Grupo Nutresa shares (the "Transaction") has been executed.

The most relevant changes to the structuring of this Transaction are as follows: 

• The procedure for carrying out the first exchange of shares to be performed under the terms of the Agreement shall begin once the public deed recording the spin-off from Grupo Nutresa S.A. Is duly registered before the Colombian Commercial Registry.
  
  In view of the fact that last Friday, December 15, the Company, Sociedad Portafolio S.A. was duly registered before the aforementioned Registry, the procedure required for the first exchange has been filed with the Colombian Superintendency of Finance.
• The procedures for launching the Tender Offer for shares in Nutresa (its food business) shall begin no later than 15 business days following the later of (i) the first exchange of shares and (ii) when shares in Sociedad Portafolio S.A. begin trading on the Colombian Stock Exchange.

The modifications incorporated in Addendum No. 2 and the obtaining of the pertinent regulatory approvals, shall allow us to continue advancing more rapidly in fulfilling the objectives of the Agreements, thereby moving towards Grupo SURA´s new ownership structure.

The general aspects of these Agreements and their different steps have been made available on the Company’s website: www.gruposura.com.co

[1]See relevant information published on: May 24, June 15, June 29, September 15, and December 11, 2023