Authorization for renewing the term and increasing the quota permitted for the Issuance and Placement of Ordinary Bonds and Commercial Papers

Grupo de Inversiones Suramericana S.A. hereby announces that in keeping with that published on January 30th, 2020, the Colombian Superintendency of Finance has authorized, with respect to the Issuance and Placement of Ordinary Bonds and Commercial Papers for 2014 (the “Program”), an increase in the Program’s global quota of one billion pesos ($1,000,000,000,000), thereby raising the total global quota to two trillion three hundred billion pesos ($2,300,000,000,000).

The aforementioned Superintendency also gave is approval to renewing the term for authorizing the Program’s public offering for another three (3) years.