DISCLAIMER the forward-looking statements contained herein are based - PowerPoint PPT Presentation

Corporate Presentation 1Q 2016 1

DISCLAIMER the forward-looking statements contained herein are based on Management’s current forecasts and outlook. For better illustration and decision-making, figures for Suramericana, SURA Asset Management and its subsidiaries are administrative rather than accountant, and therefore may differ from those presented to entities officers. Thus, Grupo de Inversiones Suramericana assumes no obligation to update or correct the information contained in this presentation 2

AGENDA GRUPO SURA STRATEGY GRUPO SURA CONSOLIDATED RESULTS SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A INSURANCE AND SOCIAL SECURITY SURA ASSET MANAGEMENT PENSIONS, SAVINGS AND ASSET MANAGEMET BANCOLOMBIA, GRUPO ARGOS AND GRUPO NUTRESA 3

GRUPO SURA MAIN FIGURES INTERNATIONAL INVESTMENT GRADE AS OF MARCH 2016 ~ 44 Fitch BBB COMERCIAL VALUE OF THE S&P BBB INVESTMENT PORTFOLIO 1 Local Rating: MILLION CONSOLIDATED CLIENTS Fitch AAA 8.7 USD REVENUES BILLION 1.3 Colombian company with USD the longest bond maturity BILLION ~ 163 USD BILLION + 26.8 % vs .1Q 2015 40 years ASSETS UNDER 2 MANAGEMENT Investment Portfolio 66% Financial Services 1 1 34% Industrial Sector 2 58% Of the portfolio is COUNTRIES invested in liquid shares with important weight in the region’s indices 3 1 Considering Suramericana at 2xP/BV, SURA Asset Management at 1xP/BV and the rest of the companies at market value 2 Through our strategic investments: Sura Asset Management, Suramericana and Bancolombia 3 Grupo Argos, Grupo Nutresa, Bancolombia. COP/USD 3,000.63 4

GRUPO SURA STRATEGY Lima 5

FOCUS ON STRATEGIC SECTORS FINANCIAL INVESTMENTS INDUSTRIAL INVESTMENTS 81.1 % 78.7 % 46.4 % 35.2 % 35.7 % PROCESSED CEMENT, ENERGY FOOD INFRASTRUCTURE INSURANCE AND PENSIONS, UNIVERSAL BANKING AND REAL ESTATE SOCIAL SECURITY SAVINGS AND INVESTMENT OTHER INVESTMENTS *Stake in common shares 6 As of March 2016

STRATEGY COMPREHENSIVE RANGE OF SERVICES GEOGRAPHIC EXPANSION AND MARKET AND SYNERGIES DEVELOPMENT • Organic and inorganic growth based on our regional Development of our • New customer-focused goals presence in both the current and target markets. • Strengthening our group dynamics and • Extending and drilling down on our current markets in Corporate Role relationships. Taking a broader view of making further line with the Group’s strategy inroads in uncharted territories. • Prioritizing markets and lines of business Executive Committee  CEOs strategic investments  Long-term strategic HUMAN TALENT AND CORPORATE CULTURE  Expansion and synergies INNOVATION AND NEW BUSINESS • Human talent as a key factor for service providers, VENTURES ensuring the skills they need to develop their strategies • Strengthening our capacity to generate new both now and in the future Financial Committee business and • Regional company promoting cultural exchanges while  CFOs strategic investments understanding new competitive environments upholding the same values and identity that it has always had as a Group.  Cash management • Identifying and developing human talent.  Indebtedness and hedging CORPORATE GOVERNANCE  M&A STRONG FINANCIAL POSITION • Strengthening our corporate governance and aligning this with our Subsidiaries • A capital structure that ensures a sound financial structure to support the Company’s sustainable growth. SOUND REPUTATION AND BRAND STRENGTH • Consolidating the SURA trademark as a comprehensive brand of financial services and insurance solutions, in support of all the Group’s lines of business in all those countries where it is present. 7

INVESTMENT PORTFOLIO Grupo Argos Other Bancolombia 17.8% 0.4% 24.1% 8.7 USD Grupo Nutresa 15.9% BILLION* MARCH 2016 Sura Asset Management Suramericana 16.1% 25.7% Including the commercial value pursuant to accountant standards and the stakes held in GRUPO SURA and Affiliates. 8 Considering Suramericana at 2x P/BV, SURA AM at 1x P/BV and public companies at market value.

DIVIDENDS Grupo Argos Other 7.7% 6.5% Uruguay Grupo Nutresa 0.8% 8.0% Peru 11.4% 331 USD USD 331 Bancolombia 21.5% Mexico 13.9% MILLION MILLION BY COMPANY BY COUNTRY Colombia 40.4% SURA Asset Management Chile 25.8% Suramericana 53.9% 10.1% 400 331.2 350 DIVIDEND EVOLUTION 270.6 300 250 200.1 182.7 200 147.9 150 100.5 98.4 100 *Calculation done in a proforma basis 50 Source: each of the companies’ annual report. Estimates done by Grupo SURA - 2010 2011 2012 2013 2014 2015 2016E Figures in USD Million 9 Bancolombia SURA AM Grupo Argos Grupo Nutresa Protección Suramericana Other FX: 3,000.63 COP/USD

CASH FLOW GENERATION Grupo SURA generates close to USD 200 million for debt and dividend payment, and for investments 2015 (1) 2016 (E) (1) 48 40 86 51 344 259 296 219 168 168 210 210 Dividends and Operating Operating Interest Cash Dividends Operating Operating Interest Cash Other Income Expenses Cash Flow Available and Other Expenses Cash Flow Available Income Figures in USD million (1) FX = COP 3,000.63 per USD

SHAREHOLDERS 9.3% 10.4% Grupo Argos and 3.8% 4.9% subsidiaries 28.8% Grupo Nutresa 34.7% 19.7% Colombian Pension (COMM) (COMM+PREF) Funds 20.5% International Funds Retail Investors 10.3% 12.7% 19.9% Institutional Investors 25.1% TREND IN INTERNATIONAL INVESTORS 17.4% 20.5% 20.5% 14.3% Outstanding Ord. Shares: 469,037,260 700 337 365 364 20 . 0 % Outstanding Pref. Shares: 106,334,963 600 12.3% 282 Total outstanding shares: 575,372,223 500 15 . 0 % Market Cap (USD billion): 7.6 202 400 International Funds: 846 10 . 0 % 300 3.6% 508 481 477 Number of Shareholders: 16,263 1.9% 382 200 3.8% 295 5. 0% 229 Average volumen Traded 12 months Common: USD$3.8 Million 100 147 49 Average volumen Traded 12 months Pref: USD$1.9 Million 0 0. 0% 2009 2010 2011 2012 2013 2014 2015 1Q-2016 11 Fuente: Libro de Registro de Accionistas al 31 de diciembre de 2015

CORPORATE GOVERNANCE AND SUSTAINABILITY Grupo SURA’s score evolution in the DJSI HIGH CORPORATE STANDARDS 100 Code of Good Governance in accordance 90 with international practices. 80 The Board of Directors has 7 members of 70 which 4 are independent. The chairman 60 and vice-chairman are independent. 50 40 30 Main committees that oversee the 20 corporate governance practices of the company: 10 0 2011 2012 2013 2014 2015 • Audit and Finance Committee (composed 100% of independent members) TOTAL SCORE GOVERNANCE ENVIRONMENTAL SOCIAL • Compensation and Development Committee. • Corporate Governance Committee • Risk Committee 12

CORPORATE RESPONSIBILITY SOCIAL DEVELOPMENT active role in a wide range of social development programs either in the form of institutional donations or the volunteer work of Grupo SURA’s employee . BUSINESS MANAGEMENT Practices used to obtain our corporate goals. A COMPREHENSIVE VIEW OF OUR CORPORATE RESPONSIBILITY We are convinced that everything PUBLIC ARENA we do today shall affect both our Creating knowledge so as to strengthen the shareholders and our environment institutional structures of all those countries in the future. where we are present. 13

BUSINESS MODEL FOCUSED ON CLIENTS Comprehensive service offer designed to satisfy the different needs through the life cycle. VOLUNTARY SAVINGS Strategies and synergies to strengthen the retention of our clients VALUE OFFER Life Cycle $ UNIVERSAL BANKING MANDATORY UNIVERSAL Equity 44 PENSIONS BANKING RETIREMENT MILLION CLIENTS PRODUCTS DISTRIBUTION Pensions and Annuities Comprehensive and Focus y Efficiency specialized offer Protection (Insurance/ Savings) + - Mandatory LIFE CYCLE Pensions ACCUMULATION DEACCUMULATION INSURANCE Time 14

MÉXICO REPÚBLICA DOMINICANA GUATEMALA EL SALVADOR PANAMÁ STRATEGIC BUSINESS EXPANSION COLOMBIA New presence including the RSA acquisition BRASIL PERÚ STRATEGIC INVESTMENTS CHILE URUGUAY 44 MILLION CLIENTS ARGENTINA 15

DEMOGRAPHIC FUNDAMENTALS YOUNG AND GROWING POPULATION 364 MM MM de 559 MM MM Age 2010 2050 peop ople ove ver r 20 peop ople ove ver r 20 100+ 7% 19% 90 – 94 Annuities 80 – 84 70 – 74 INTERESTING DEMOGRAPHIC 60 – 64 EVOLUTION IN LATAM (1) accumulation 47% 51% 50 – 54 Savings and period 40 – 44 30 – 34 20 – 24 10 – 14 0 – 4 12 8 4 0 4 8 12 12 8 4 0 4 8 12 - 12 - 8 - 4 0 4 8 12 (%) (%) Men Women Year 100 LIFE EXPECTANCY EVOLUTION IN 82.4 80 LATAM 68.4 60 Time 2003 2015 CAGR Million 2.5% 2.7% 5.6% 1.9% 2.7% 0.0% ECONOMICALLY ACTIVE 55.6 60 POPULATION GROWTH 50 40.5 40 24.3 30 19.4 16.9 20 8.8 8.3 6.5 2.7 2.7 10 1.3 1.8 0 Source: ECLAC and Economic Intelligence Unit Chile México Perú Colombia Uruguay El Salvador 16