Grupo de Inversiones Suramericana S.A. ("Grupo SURA") hereby announces that the Tender Offer ("Tender Offer") for 23.1% of the Grupo Nutresa shares, as launched by Grupo SURA, Grupo Argos S.A., Graystone Holdings S.A. (a vehicle of IHC Capital Holding L.L.C.), JGDB Holding S.A.S. and Nugil S.A.S.^[1], as part of the implementation of the Framework Agreement which was signed on June 15 2023, was concluded.  

The results of the Tender Offer, whose settlement and compliance were finalized today, were as follows:

According to the form of payment, the results of the tender offer were as follows:

Having concluded the Tender Offer, as previously announced through the Relevant Information channel^[3], the second part of the share swap shall be carried out once the required authorizations are obtained, so that Grupo SURA and Grupo Argos shall deliver 10.1% of the Nutresa shares awarded to them through the aforementioned tender offer and receive the remaining Grupo SURA and Sociedad Portafolio S.A. shares, currently held by JGDB Holding S.A.S., NUGIL S.A.S. and IHC Capital Holding L.L.C.

^[1] See Relevant Information published by Grupo SURA on February 5 and 6, 2024.
^[2] The 1,691,530 Grupo Nutresa shares awarded to Grupo SURA will be paid in kind, as follows: 1,258,143 shares in Grupo Sura  and 955,698 shares in Sociedad Portafolio.
^[3]See Relevant Information published by Grupo SURA on February 6, 2024.