Grupo de Inversiones Suramericana S.A. ("Grupo SURA") hereby announces that as a result of the acceptances received as a result of the public tender offer launched by its subsidiary SURA Asset Management S.A. ("SURA AM") for ordinary shares in its Pension Fund Management subsidiary, the Administradora de Fondos de Pensiones y Cesantías Protección S.A. (Protección), SURA AM's direct shareholding in Protección increased from 52.31% to 58.95%. In turn, Grupo SURA's indirect shareholding in Protección increased from 48.82% to 55.01%.
It should be noted that this transaction was authorized by the Superintendencia Financiera de Colombia (the Colombian Superintendency of Finance), which after verifying compliance with the requirements established in current regulations granted the corresponding approvals.