RELEVANT INFORMATION

At the ordinary meeting held today, the General Assembly of Shareholders designated the following Board of Directors for the 2015-2018 period.

Name

Status

David Bojanini

Shareholder Member

Carlos Ignacio Gallego

Shareholder Member

Mario Scarpetta

Independent

Ana Cristina Arango

Independent

Rosario Córdoba

Independent

Armando Montenegro

Independent

Jorge Uribe

Independent

Additionally, the Assembly approved for the period from April of 2015 to March of 2016 monthly professional fees for the Board of Directors of $6,000,000.00.
It is worth noting that Messrs. Scarpetta, Arango, Córdoba, Montenegro and Uribe accredited through several certifications their fulfillment with the requirements to be considered independent members, both in respect to the Issuer and to the Pension Funds Administrators.
However, for purposes of determining the composition of the Audit Committee, Messrs. Arango, Montenegro and Uribe will be considered Independent Members.
March 25, 2015

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