Results Presentation 4Q 2016 DISCLAIMER The forward-looking - PowerPoint PPT Presentation

Results Presentation 4Q 2016

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.

AGENDA Results Presentation GRUPO SURA CONSOLIDATED RESULTS SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A INSURANCE AND RISK MANAGEMENT SURA ASSET MANAGEMENT PENSIONS, SAVINGS AND ASSET MANAGEMET

GRUPO SURA CONSOLIDATED RESULTS 4Q Panama

STATEMENT OF FINANCIAL POSITION CONSOLIDATED 67,817,041 ASSETS 55,533,106 SHAREHOLDER’S EQUITY LIABILITIES 42,421,214 29,470,506 26,062,600 25,395,827 2015 2015 2016 2016 ASSETS dec-16 %Change Var. $MM Growth with RSA Cash and cash equivalents 2,066,959 633,775 44.2% dec-15 55,533,106 + 12,283,935 Investments 26,198,241 4,474,350 20.6% 22.1% Accounts receivable 5,511,105 2,469,357 81.2% Technical insurance reserves - reinsurers 2,656,756 2,075,632 357.2% Ex-RSA Identified intangible assets 4,484,107 599,676 15.4% + 4,675,121 Other assets 854,431 495,398 138.0% dec-16 67,817,041 8.4% Main variations 10,748,189 0. 0 10 , 00, 000. 0 20 , 00, 000. 0 30 , 00, 000. 0 40 , 00, 000. 0 , 00, 50 000. 0 60 , 00, 000. 0 70 , 00, 000. 0 80 , 00, 000. 0 5 Figures in COP Million

STATEMENT OF FINANCIAL POSITION CONSOLIDATED TOTAL SHAREHOLDER’S EQUITY LIABILITIES Growth with RSA + 12,950,708 dec-15 29,470,506 43.9% dec-15 26,062,600 Ex-RSA -666,773 + 7,126,664 -2.6% 24.2% dec-16 42,421,214 dec-16 25,395,827 0. 0 70 , 00, 000. 0 0. 0 10 , 00 0, 000. 0 20 , 00 0, 000. 0 , 00 30 0, 000. 0 40 , 00 0, 000. 0 50 , 00 0, 000. 0 60 , 00 000. 0, 0 70 , 00 0, 000. 0 dec-16 Var. $MM %Change Financial liabilities 3,705,478 1,077,538 41.0% Technical reserves 25,989,614 7,123,635 37.8% Accounts payable 2,674,294 1,299,520 94.5% Issued securities 6,038,924 2,401,420 66.0% Main variations 11,902,113 6 Figures in COP Million

STATEMENT OF FINANCIAL POSITION DEBT USD COP UNCONSOLIDATED FINANCIAL LIABILITIES 36.8% 63.2% Grupo SURA’s unconsolidated Financial Debt: DEBT COP 4.6 Billion* EXPOSURE TO CURRENCIES*** Grupo SURA’s unconsolidated Cash: COP 455,537 Million** Preferred Suramericana CONSOLIDATED FINANCIAL LIABILITIES dividends 2.1% Repos 12.7% Derivatives 0.0% 6.3% dec-15 6,265,445 DEBT BY + 3,478,957 TYPE OF Banks 55.5% COMPANY 31.8% DEBT Grupo SURA SURA and Bonds AM dec-16 9,744,402 59.8% other 36.9% subsidiaries 50.4% 0. 0 2, 00 0, 000 . 0 4, 00 0, 000 . 0 6, 00 0, 000 . 0 8, 00 000 0, . 0 10 , 00, 00 0. 0 12 , 0 00, 00 0. 0 7 Figures in COP Million * Excludes financial derivatives and preferred dividends. ** Includes wholly owned subsidiaries ***Includes hedges at the agreed rates

CASH FLOW GENERATION Grupo SURA generates close to COP 630,000 million for debt and dividend payment, and for investments 2016 (E) 145 258 1033 888 630 630 Dividends and Operating Operating Interest Cash Other Income Expenses Cash Flow Available Figures in COP thousand Million

STATEMENT OF COMPREHENSIVE INCOME CONSOLIDATED dec-16 Var. $ %Var % / Revenues Growth with RSA dec-15 13,931,798 Retained premiums (net) 10,832,013 3,299,882 43.8% 57.1% + 5,041,524 Commission income 2,184,046 231,626 11.9% 11.5% TOTAL 36.2% Revenues on services rendered 2,318,945 365,670 18.7% 12.2% REVENUES Investment income 2,113,026 653,293 44.8% 11.1% Ex-RSA Revenues via equity method 1,037,637 226,731 28.0% 5.5% dec-16 18,973,322 + 2,500,773 Exchange difference (net) 172,083 200,083 0.9% 18.0% Main variations 4,977,284 0 2, 00 0, 000 4, 00 0, 000 6, 00 0, 000 8, 00 0, 000 10 , 0 00, 00 0 12 , 0 00, 00 0 14 , 0 00, 00 0 16 , 0 00, 00 0 18 , 0 00, 00 0 20 , 0 00, 00 0 dec-16 Var. $ %Var % / Revenues Growth with RSA dec-15 12,038,370 Retained claims 5,250,935 1,842,226 54.0% -27.7% TOTAL + 4,833,045 Adjustments to reserves 2,814,643 314,478 12.6% -14.8% EXPENSES 40.1% Costs of services rendered 2,304,348 321,171 16.2% -12.1% Administrative expense 3,504,392 986,885 39.2% -18.5% Ex-RSA Brokerage commissions 1,469,061 797,800 118.9% -7.7% dec-16 16,871,415 + 2,266,842 Interest 532,932 246,659 86.2% -2.8% 18.8% Main variations 4,509,218 0 2, 00, 000 4, 00, 000 6, 00, 000 8, 00, 000 10 , 00, 00 12 , 00, 00 14 , 00, 00 16 , 00, 00 18 , 00, 00 20 , 0 00, 00 0 dec-15 1,323,941 Growth with RSA NET + 347,717 INCOME 26.3% Ex-RSA dec-16 1,671,658 + 349,789 26.4% 0. 0 1, 00, 000 . 0 2, 00, 000 . 0 3, 00, 000 . 0 4, 00, 000 . 0 5, 00, 000 . 0 6, 00, 000 . 0 7, 00, 000 . 0 00, 8, 000 . 0 9, 00, 000 . 0 9 Figures in COP Million

STOCK EVOLUTION 130 117.16 120 107.00 110 106.32 100 90 80 70 31-dic-15 29-feb-16 30-abr-16 30-jun-16 31-ago-16 31-oct-16 31-dic-16 PFGRUPSURA GRUPOSURA COLCAP 31-dic-16 % Annual Var* % YTD Var* 853 International Funds with GRUPOSURA (Pesos) 38,200 7.0% 7.0% 21.8% of total shares PFGRUPSURA (Pesos) 6.3% 6.3% 37,000 COLCAP (Points) 1,352 17.2% 17.2% * Annual appraisal without dividends 10

INVESTMENT PORTFOLIO Other Grupo Argos Bancolombia 0.5% 24.5% 18.2% Financial Services 24.4 COP 64.7% Grupo Nutresa 16.5% BILLION* DECEMBER 2016 Sura Asset Suramericana Management 13.4% 26.8% Including their commercial value pursuant to accountant standards and the stakes held 11 NOTE: Considering Suramericana and SURA Asset Management at 1x P/BV, listed companies at market value

SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A CONSOLIDATED RESULTS 4Q Bogotá

SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A CONSOLIDATED FIGURES Growth with RSA dec-16 Var. $ %Var dec-15 Retained premiums (net) 7,987,682 2,985,788 59.7% 7,668,878 + 4,114,840 MM Revenues on services rendered 2,138,383 359,283 20.2% 53.7% TOTAL Investment income 1,104,887 500,207 82.7% REVENUES Main variations 3,845,278 Ex-RSA + 1,574,090 MM dec-16 11,783,718 20.5% 0. 0 2, 00, 000 . 0 4, 00 0, 000 . 0 6, 00 0, 000 . 0 8, 00 0, 000 . 0 10 , 0 00, 00 0. 0 12 , 0 00, 00 0. 0 dec-16 Var. $ %Var Growth with RSA Retained claims 4,196,136 1,545,650 58.3% dec-15 7,135,985 + 4,184,377 MM Adjustments to reserves 626,114 303,671 94.2% TOTAL 58.6% Costs of services rendered 2,137,982 305,692 16.7% EXPENSES Ex-RSA Administrative expense 2,094,138 872,664 71.4% Commissions & fees 1,931,155 945,371 95.9% + 1,618,174 MM dec-16 11,320,362 Main variations 3,973,049 22.7% 0. 0 2, 00 0, 000 . 0 4, 00 0, 000 . 0 6, 00 0, 000 . 0 00 8, 0, 000 . 0 10 , 00, 00 0. 0 12 , 0 00, 00 0. 0 dec-15 343,283 Growth with RSA + 58,376 MM NET 17.0% INCOME Ex-RSA dec-16 401,659 + 60,448 MM 13 17.6% Figures in COP Million 0. 0 1, 00 0, 000 . 0 2, 00 0, 000 . 0 3, 0, 00 000 . 0 4, 00 0, 000 . 0 5, 00 0, 000 . 0 6, 00 0, 000 . 0

SEGMENTS MAIN FIGURES LIFE HEALTH CARE 765,927 50,290 2,260,452 3, 000 , 0 00 2,227,984 5, 000 , 00 2,555,083 36,308 2, 500 , 0 00 3,874,729 4, 000 , 00 2, 000 , 0 00 243,440 3, 000 , 00 581,425 500 1, , 0 00 698,472 2, 000 , 00 000 1, , 0 00 208,627 687,048 1, 000 , 00 50 0, 0 00 306,037 24,264 28,563 0 0 Retained Investment Other Retained Adjustments Admin. Fees, Other Net Income Revenues Investment inc. Costs services Admin. Other Net Income premiums inc. Revenue claims reserves expense Commissions expenses services rend. rend. expense expenses, taxes ( 1, 00, 000 ) 14 Figures in COP Million

SEGMENTS MAIN FIGURES NON-LIFE 6, 000 , 00 457,412 1,935,685 5, 000 , 00 254,758 4,112,952 4, 000 , 00 382,673 1,065,945 3, 000 , 00 1,163,304 2, 000 , 00 145,411 1, 000 , 00 133,855 0 Retained Investment Other Retained Adjust. Admin. Fees, Other Net Income premiums inc. Revenue claims reserves expense Commissions expenses 15 Figures in COP Million