Grupo de Inversiones Suramericana S.A. announced that it is soliciting consents from the holders of its 5.500% Senior Unsecured Notes due 2026 (the "Notes"), of which USD 530,000,000 principal amount remains outstanding, for the adoption of the following proposed amendments (the "Proposed Amendments") to the indenture, dated as of April 29, 2016, as between Grupo SURA (as successor to Gruposura Finance), as issuer, and The Bank of New York Mellon, as trustee, registrar, paying agent, and transfer agent (the "Indenture Trustee"), as supplemented and restated, (the "Indenture") governing the Notes, as set in the Consent Solicitation Statement dated March 5, 2026 (as may be amended or supplemented from time to time, the "Consent Solicitation Statement"): amend Section 1.1 ("Definitions") of the Indenture to harmonize the definitions of the "Change of Control" and "Permitted Holder" between Grupo SURA's Indenture and Grupo SURA's financing documents prepared in connection with new loan arrangements (the "Financing Documents") and reflect the new corporate and shareholders structure of Grupo SURA. delete the definition of "Continuing Directors," which is no longer used in the Indenture. The purpose of the Proposed Amendments is intended to harmonize the amended definitions in the Indenture and the Financing Documents so the events that would trigger a change of control are consistent in both agreements, allowing Grupo SURA to efficiently track and monitor potential change of control events using a single definition.

Furthermore, the amendment to the definition of Permitted Holders reflects the new corporate and shareholders structure of Grupo SURA. The Proposed Amendments aligns the interests among Grupo SURA, its creditors, and the holders of the Notes and provides a uniform standard in monitoring and determining a change of control event. The Consent Solicitation is being made pursuant to a Consent Solicitation Statement.

The Consent Solicitation was commenced on March 05, 2024 and will expire at 5:00 p.m., New York City time, on March 19, 2024, unless extended by Grupo SURA (each such date and time, as the same may be extended, is referred to as the "Expiration Time"). Only holders of Notes are entitled to consent to the Proposed Amendments pursuant to the applicable Consent Solicitation. Holders will be permitted to revoke their Consents until the earlier to occur of the Effective Time or the Expiration Tim.

In order to effect the Proposed Amendments (described in more detail in the Consent Solicitation Statement), Grupo SURA proposes to enter into a second supplemental indenture with respect to the Indenture with the Indenture Trustee (the "Second Supplemental Indenture"). In order to execute the Second Supplemental Indenture as contemplated by the Proposed Amendments, the consents must be obtained from the holders of at least a majority in aggregate principal amount of the then outstanding Notes as of the Record Date (not including any Notes held by the Company or any of its affiliates, cancelled Notes, Notes for whose payment or redemption money has been deposited, Notes that the company has effected defeasance or Notes in exchange for or in lieu of which other Notes that have been authenticated and delivered pursuant to the Indenture) (the "Requisite Consents"). The Proposed Amendments constitute a single proposal with respect to the Notes, and consenting holders must consent to the Proposed Amendments as an entirety with respect to the Notes and may not consent selectively with respect to the Proposed Amendments.

With respect to the Consent Solicitation, and subject to the terms and conditions described herein, the consent fee of USD 3.75 per USD 1,000 principal amount of Notes will be paid to the holders as of the Record Date who validly deliver (and do not validly revoke) their consents to the Proposed Amendments prior to the Expiration Time, in cash, within five business days of the Expiration Time (as the same may be extended or earlier terminated by Grupo SURA in its sole discretion), provided that the Requisite Consents with respect to the Notes have been received and the conditions set in the Consent Solicitation Statement have been met. The time of execution and delivery of the Second Supplemental Indenture, which may occur prior to the Expiration Time, with respect to the Notes is referred to herein as the "Effective Time". The Proposed Amendments will become operative with respect to Notes only upon the payment by Grupo SURA of the consent fee.

Subject to the terms and conditions described in the Consent Solicitation Statement, and to the extent permitted by applicable law, Grupo SURA reserves the right, in its sole discretion (i) to terminate or amend, waive or modify any of the terms of such Consent Solicitation in any respect, at any time and for any reason, by giving notice to the Solicitation Agent and the Information, Tabulation and Payment Agent; (ii) to extend such Consent Solicitation for any reason from time to time; and (iii) not to extend such Consent Solicitation beyond the original Expiration Time or any date to which such Consent Solicitation has been previously extended. BofA Securities Inc. is acting as Solicitation Agent in connection with the Consent Solicitation. The Solicitation Agent will solicit consents and will be compensated on customary terms and reimbursed for reasonable expenses in connection therewith.

The Solicitation Agent can be contacted at its telephone numbers set on the back-cover page of Consent Solicitation Statement with questions regarding the Consent Solicitation.