Public Merger Deed
Grupo de Inversiones Suramericana S.A. ("Grupo SURA") hereby announces that by means of Public Deed No. 1715 drawn up before Notary Public No. 2 of the Circuit of Medellin, an amendment was formally made to the Company’s Articles of Association to reflect a merger, in which Grupo SURA acted as the absorbing company of its subsidiaries Grupo de Inversiones Suramericana Panama S.A. ("GIS Panama") and Gruposura Finance ("GS Finance"). In this regard, and after obtaining due authorization from the Colombian Superintendency of Finance as contained in Resolution No. 0890 issued on July 13, 2018 and subsequently notified on July 17, 2018, the merger commitment approved by the governing bodies of all three companies at meetings held on March 23, 2018, was formally recorded in the form of a public deed. As a result of the aforementioned, Grupo SURA shall proceed to register this public deed with the Trade Registry of the Chamber of Commerce of Medellín. In accordance with that stipulated in the stated merger commitment and its annexes, upon performing the merger, the estimated values of the assets, liabilities, shareholders´ equity, authorized capital, and subscribed and paid capital held by Grupo SURA shall be as follows: Total Assets COP 28.398.889.717 Total Liabilities COP 6.027.845.720 Net Shareholders´ Equity COP 22.371.043.998 Authorized capital COP 112.500.000 Subscribed and paid-in capital COP 109.120.790 **stated in thousands of Colombian pesos. The values of the assets and liabilities of the companies thus absorbed as well as those of Grupo SURA were taken from the most recent individual financial statements made available by all three companies.