Setting up a new subsidiary
Grupo de Inversiones Suramericana S.A. (Grupo SURA) hereby announces that its affiliate Suramericana S.A. (Suramericana) incorporated a new subsidiary, SURA BRASIL PARTICIPAÇÕES LTDA, located and governed by the laws of Brazil. Grupo SURA and Suramericana both hold a 100% equity stake in the new company, through its Colombian subsidiaries Inversiones Sura Brasil S.A.S. and Operaciones Generales Suramericana S.A.S. The incorporation of SURA BRASIL PARTICIPAÇÕES LTDA is for the sole purpose of facilitating the development of Suramericana’s business in Brazil.