Incorporation of a Subsidiary

​ In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. (hereinafter Grupo SURA) hereby announces that its insurance arm, Suramericana S.A. has set up a new subsidiary namely, SURA SAC LTD, a segregated accounts company headquartered in Bermuda which shall offer risk transfer options to clients of Suramericana S.A.´s insurance subsidiaries, this as part of the latter´s overarching risk and trend management strategy. Suramericana S.A. holds 100% of SURA SAC LTD´s share capital for which USD 200,000 has been initially invested. ​Grupo SURA´s holds an indirect stake in this company through its subsidiary Suramericana S.A.