Grupo Argos shareholders gained more than COP 1.5 trillion on the first trading day following the Spin-Off Project

• Investors holding common shares of Grupo Argos saw a 13.6% increase in the value of their portfolio compared to Friday, July 18, based on the closing price of the common share and the 0.23 Grupo Sura common shares they received for each share held.
• Meanwhile, holders of Grupo Argos preferred shares experienced a 9.3% increase in the value of their investment.

Based on the closing prices of Grupo Argos shares on the Colombian Stock Exchange (BVC) on Monday, July 28, and factoring in the 0.23 Grupo Sura shares received after the spin-off, holders of Grupo Argos common shares saw their investment rise from COP 24,800 per share (as of July 18, the last trading day before the suspension to finalize the Spin-Off Project) to COP 28,172 per share. This calculation includes the closing price of COP 17,260 for Grupo Argos common shares and COP 10,912 corresponding to the 0.23 Grupo Sura common shares now held.

Meanwhile, holders of Grupo Argos preferred shares saw their investment increase from COP 18,580 per share on July 18 to COP 20,303 as of today’s close. This reflects a closing price of COP 12,000 for Grupo Argos preferred shares and COP 8,303 for the 0.23 Grupo Sura preferred shares received.

Altogether, compared to the last trading day prior to the closing of the Spin-Off Project, Grupo Argos shareholders saw their investment increase by COP 1.5 trillion.

The following charts illustrate in detail the evolution of Grupo Argos shareholders’ portfolios before and after the spin-off: