Signing of material financial agreements

Grupo de Inversiones Suramericana S.A. ("Grupo SURA" or the "Company") hereby announces that it has signed certain material financial agreements as part of the course of its ongoing business.

Yesterday, Grupo SURA entered into a Club Deal secured credit agreement (the "Agreement") with Banco Bilbao Vizcaya Argentaria S.A. New York Branch, Itaú Chile New York Branch, Banco General S.A., Banco Latinoamericano de Comercio Exterior S.A. and Citibank N.A. for a committed amount of USD 500,000,000.

The term for repaying this loan is five years from the date this agreement is signed, including a two-year grace period for repaying the principal, and interest will be recognized based on the SOFR rate plus a spread based on market conditions, payable on a quarterly basis.

As is customary with this type of transaction, this Agreement provides for certain events of default that may have the effect of accelerating the obligations. These events are rated as to their degree of materiality and some of these are subject to cure periods.

The financing plan will be complemented with a committed line of credit with Banco Davivienda for up to COP 820,000,000,000; as well as one with Bancolombia, currently in the process of being drawn up, for up to COP 650,000,000,000. Both with availability periods of up to ten (10) months, with interest rates and terms to be defined at the time of disbursement and under market conditions for this type of loan.

The three (3) lines of credit described above allow Grupo SURA to maintain available resources that may be partially or fully disbursed in the event of future liquidity needs arising from ongoing transactions[1], while maintaining adequate levels of indebtedness, liquidity and solvency.

For more information regarding Grupo SURA's projections, please refer to the Q4 2023 Quarterly Earnings Report which has been made available on the Company's website.






[1]See Relevant Information published June 15 onwards regarding the Framework Agreement signed by the Company and on November 30, 2023  regarding the acquisition of the stake in SURA AM.