Fines or penalties imposed by government entities

​ In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces that it has received notification from the Colombian Tax Authorities (DIAN in Spanish) that as a result of an official review of the Company’s Income Tax Return corresponding to the tax year of 2013, a sanction has been imposed due to an alleged inaccuracy as to the actual amount of tax declared. Said tax return has not as yet become final and the discrepancy encountered is due to a difference in interpretation criteria with the Colombian Tax Authorities. The Company shall therefore be challenging this decision via the legal remedies at its disposal. About