Corporate Presentation Business Overview Overview Founded in 1870, - PowerPoint PPT Presentation

Corporate Presentation

Business Overview Overview  Founded in 1870, Banco de Bogotá is Colombia’s oldest financial institution and the principal subsidiary of Grupo Aval, the leading financial group in Colombia  Current shareholding structure: Grupo Aval: 68.7%, Paz Bautista Group 11.9%, Public Float 11.1% and Other Companies owned by Organization Sarmiento Angulo 8.3%.  Leading presence in Colombia and Central America. Second largest bank in Colombia in terms of assets and net income, and largest bank in Central America in terms assets, loans and deposits through BAC Credomatic. (Ranking figures as of June 2018)  Universal bank with a strong presence in the commercial and consumer lending segments  Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá’s market capitalization at June 30 was US$7.7bn Regional Franchise Assets and Net Income Breakdown by Geography Colombia (1) Assets Breakdown Net Income Breakdown 2 ° Assets & Net Income USD$49.7 Billion USD$426.2 Million Total Distribution Network 49.3% 47.3% 50.7% 52.7% ATMs 3,774 (3) Central America (1) (2) 1 ° Assets, Loans & Deposits Branches 2 ° Net Income 1,549 (4) Consolidated Ratios: Colombia Operations ROAA: 1.6% Central America Operations ROAE: 13.4% Source: Company information. (1) Rankings as of June 30, 2018. Net Income ranking based on unconsolidated figures. (2) Calculations based on aggregated data from local bank’s superintendencies of Costa Rica, El Salvador, Guatemala, Honduras, Panama and Nicaragua. (3) Reflects aggregate number of Banco de Bogotá and BAC Credomatic ATMs as of June 30, 2018. (4) Reflects aggregate number of branches from Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC Credomatic as of June 30,2018. Banco de Bogotá and BAC Credomatic jointly account for 1,426 branches.

Milestones in Banco de Bogotá’s Evolution 1870 – 1987 1870 – Banco de Bogotá starts 1967 - 1980 – Opening of branches and 1987 – Banco de Bogotá is 1924-1928 - Merger with operations on November 15 as a different regional Banks Subsidiaries abroad (Panama, New acquired by Sarmiento financial institution. York, Nassau and Miami). Organization. 1988 - 2003 1988 – 2003 - Development of an attention and differentiated service model. Important investment in technology, consolidating nationwide coverage and leadership position. 1992 – Acquisition and merger with 1992 - Establishment of Fidubogotá, Leasing Banco de Comercio. Porvenir and Porvenir Pension Fund. 2004 - 2009 2005 - Merger of Corficolombiana and 2006 - Banco de Bogotá 2009 - Merger of Grupo Aval’s 2007 - Merger of Fidubogotá and Corfivalle. acquires and merges with stockbrokers: Casa de Bolsa. Fiducomercio. Megabanco, strengthening the consumer loan segment. 2010 - 2017 2016 - 2017 – In June 2016, the Bank ceded control of Corficolombiana to Grupo Aval, moreover, in 2013 - Acquisition of 100% of BBVA’s ownership in BBVA 2010 - Acquisition of BAC Credomatic, December, the Bank ceded control of Casa de Bolsa to Central American financial group, Panamá. Corficolombiana S.A. enhancing our international presence. - Acquisition of Grupo Financiero Reformador in Guatemala. - Third bond issuance on international markets of -Mandatory Convertible Bonds issuance - Issuance of Common Shares ($1.3 trillion pesos). US$1,100 million. ($2,285 billion pesos). - Second International Bond Issuance: US$500 million - Fourth Subordinated bond issuance on international markets of US$600 million, and a Fifth Senior Notes Subordinated Notes. issuance of US$500 million.

Banco de Bogotá has important investments in subsidiaries in Colombia and abroad Universal Bank with a wide portfolio of products and services. Presence all across Colombia. Agencies in Miami, New York and Panama. 1/ President:: Alejandro Figueroa Jaramillo 100.0% Central American Financial Group with banking and credit card operations in all Central American countries. President:: Rodolfo Tabash Espinach 36.51%* Pension and Severance Fund Manager. President: Miguel Largacha Martínez 94.99% Execution of Contracts on Mercantile Trust and Trust Funds. President: Buenaventura Osorio Martinez (e) 94.92%* General Warehouse, Custom Agent and Integral Logistics Operator. President: Ivan Rodríguez Carrizosa 94.90% Technical and administrative services company. General Manager: Adriana Cuervo Barreto 100.0% International license to carry out banking business. General Manager: General Manager: María F. Blanco José A. Santana 100.0% Entities authorized to carry out Banking Business and Investment Portfolio Management, focused on Miami Agency New York Agency Banco de Bogotá’s corporate and institutional clients with a full range of services. General Manager: General Manager: John Kennedy Alfonso García 100.0% Panamanian General Licensed entity. Authorized to carry out Banking Business, essentially in the local market. General Manager: José A. Santana 1/ For further information on Banco de Bogotá’s products and services, visit www.bancodebogota.com. (*) Includes direct and indirect ownership. 4

Consolidated Results confirm Banco de Bogotá’s financial strength Financial Highlights Main Ratios Variation (US$ Billions) 1 2Q-2017 2Q-2018 2Q-2017 2Q-2018 2Q-2017 vs 2Q-2018 Total Assets 49.8 -0.3% Delinquency Ratio 2 49.7 3.5% 3.8% 3.4% 3.1% 2.4% Total Net Loans 32.8 33.5 Loan Coverage 3 0.8x 1.1x 0.9x 1.1x Total Net Investments 4.6 4.8 3.5% Administrative Efficiency 4 48.6% 50.7% -0.2% Deposits 33.4 33.3 1.6% ROAA 5 1.5% 1.6% 1.6% Total Equity 5.9 0.8% 6.0 13.0% ROAE 5 11.9% 13.4% 13.4% Capital Adequacy 7 14.2% 13.3% (US$ Millions) Jan-Jun17 Jan-Jun18 Variation 397.9 426.2 7.1% Net Income Figures Excluding Electricaribe Figures under Full IFRS 1 Billions refer to thousands of millions. 2 Delinquency Ratio: Past-due Loans over 30 days / Gross Loans. 3 Loan Coverage: Allowance / Past-due Loans over 30 days. 4 Calculated as Personnel plus administrative expenses divided by net interest income plus net trading income, income on sale of investment and held for sale assets and fees and other services income, net (excluding other income). 5 ROAA for each period is calculated as annualized Net Income divided by average of total assets. 6 ROAE for each period is calculated as annualized Net Income attributable to shareholders divided by average attributable shareholders' equity. 7 Solvency Ratio: Technical Capital/ Risk-weighted assets. Note: Consolidated Figures as of June 30, 2018. Exchange Rate 30 June, 2018: $2,930.8 5

Banco de Bogotá operates with clearly defined strategy and objectives in order to generate value for all stakeholders High penetration of the Agility in understanding Colombian market, with and meeting customer market share around 14% in needs by responding with different metrics. integrated financial Countries Specialized service model by solutions, adjusted to each segments, offering a broad segment. 11 portfolio of products and Clients services. 20.8 Excellence in International presence in human talent million Employees Central and North America through BAC and subsidiaries Segments Positioning as a provider of 46,118 and agencies abroad. comprehensive financial – Corporate. services – ATMs Large Companies. Important participation in – SME. Corporate Banking, moving – 3,774 Microfinance. Flexibility and technological forward in Personal Banking. – Official. agility – Branches Personal. Altos niveles de eficiencia en Leadership in foreign currency 1,549 (1) High efficiency levels in all Latest Products todos los procesos operations. processes. Consolidated – Mortgage. Assets Amplia cobertura geográfica – Extensive coverage Banking Insurance. con canales físicos y – US$49.7 Important players in official through digital, physical Structured Finance Advisory. electrónicos – Integration with subsidiaries’ portfolios. banking segment. and electronic channels billion Note: Figures as of June 30, 2018. Exchange rate June 30, 2018: $2,930.8 1) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of June 30,2018. Banco de Bogotá and BAC Credomatic jointly account for 1,426 branches. 6

We have relevant presence in the markets where we operate Our Channel Network Channel Network in Colombia 1 Channel Network in Central America 2 June 2018 June 2018 Branches: 720 Branches: 706 ATMs: 2,034 ATMs: 1,740 BC: 7,839 BC: 9,389 Market Share in Colombia 3 Market Share in Central America 4 Figures as of June 2018 13.8% Figures as of June 2018 24.9% 10.1% 9.3% 9.3% 13.9% 13.4% 12.7% Assets Net Loans Deposits Net Income Assets Net Loans Deposits Net Income 1. Includes: Traditional Branches, Branch Extensions, Premium Branches, Basic Branches, Clients-only Branches, Corporate and SME Service Centers, Specialized Housing Centers, Payroll Service Centers and Experience’s Room. 2. Includes: Branches, In-store Branches, On-site Business Tellers and Branches with Drive-through Service. 3. Source: Colombian Financial Superintendence. Net Income for the period (June 2018). 4. Source: Central American Superintendencies; estimations made by Banco de Bogotá based on consolidated financial statements. Figures as of June 2018. 7

Contact Information Julio Rojas Sarmiento CFO Investor.relations@bancodebogota.com.co www.bancodebogota.com 8