Over the past three years, the value of Grupo Argos shareholders’ portfolio has increased by 2.74x.

• The shareholders’ portfolio, including the Grupo Sura shares received, increased from COP 7.3 trillion to more than COP 20 trillion between 2023 and 2026.
• Share liquidity improved, with the six-month average trading volume rising from COP 1,241 million to COP 5,120 million for the common share and from COP 156 million to COP 5,960 million for the preferred share.
• Following the spin-off, Grupo Argos shareholders increased their economic rights in the Company by 20% and received 0.23 Grupo Sura shares for each Grupo Argos share.

Over the past three years, Grupo Argos shareholders’ portfolio— including the Grupo Sura shares distributed following the spin-off—grew from COP 7.3 trillion to more than COP 20 trillion, increasing by 2.74x and appreciating by nearly COP 13 trillion. This progress reflects the execution of transactions aimed at simplifying and sharpening the corporate structure, initiatives to close the gap between intrinsic value and market price, and a set of value-unlocking strategies.

In the capital markets, since May 2023 Grupo Argos’ common share has increased by 3.4x and the preferred share by 4.8x, including the combined effect of the portfolio received from Grupo Sura. In parallel, liquidity has risen significantly: the six-month average trading volume increased from COP 1,241 million to COP 5,120 million for the common share and from COP 156 million to COP 5,960 million for the preferred share.

Value unlocking has been underpinned by simplification decisions and the divestment of the stake in Grupo Nutresa, which strengthened the Company’s economic exposure to Grupo Sura, and was subsequently followed by the spin-off by absorption completed in July 2025. This transaction delivered 0.23 Grupo Sura shares for each Grupo Argos share and increased shareholders’ economic rights by 20%. These milestones boosted interest from institutional investors and the local market. In addition, Grupo Empresarial Argos has executed share repurchases totaling nearly COP 2 trillion over the past four years.

The Company is moving forward with a growth agenda that includes Colombia’s largest private infrastructure investment commitment, totaling COP 40 trillion, along with projects in energy, concessions, and urban development that strengthen its long-term value creation capacity.