Board decisions

​ Grupo de Inversiones Suramericana S.A. (Grupo SURA) hereby announces that its Board of Directors, decided to accept a proposal submitted by a shareholder modifying the form of payment for the Proposed Distribution of Profits (PDP) which shall be submitted for the consideration of the shareholders at their upcoming Annual Ordinary Meeting to be held on March 23rd.  This PDP, which was announced through the relevant information reporting mechanism on February 26, 2018, provided for the payment of dividends either in the form of preferred, non-voting shares and / or in cash, as the individual shareholder should so prefer.  The Board of Directors considered that the price of the Company's preferred, non-voting shares, as traded over the last few days does not reflect the value that these are estimated to have, which is why a dividend payment in the form of shares in not expedient at the present time.  In the light of this, the Board of Directors proposes a new PDP recommending that shareholder dividends be paid 100% in cash, payable in four (4) equal installments in the months of April, July and October 2018 and January 2019.  This new PDP, based on this latest decision, has been dulyattached hereto. ​