<SEC-DOCUMENT>0000950103-24-004096.txt : 20240321
<SEC-HEADER>0000950103-24-004096.hdr.sgml : 20240321
<ACCEPTANCE-DATETIME>20240321060635
ACCESSION NUMBER:		0000950103-24-004096
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240321
FILED AS OF DATE:		20240321
DATE AS OF CHANGE:		20240321

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Grupo Aval Acciones Y Valores S.A.
		CENTRAL INDEX KEY:			0001504764
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36631
		FILM NUMBER:		24769309

	BUSINESS ADDRESS:	
		STREET 1:		CARRERA 13 NO. 26A - 47
		CITY:			Bogota D.C.
		STATE:			F8
		ZIP:			00000
		BUSINESS PHONE:		57 1 241-9700

	MAIL ADDRESS:	
		STREET 1:		CARRERA 13 NO. 26A - 47
		CITY:			Bogota D.C.
		STATE:			F8
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp208627_6k-2.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 3.5pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K<FONT STYLE="font-size: 10pt"><BR></FONT></B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Report Of Foreign
Private Issuer</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Pursuant To Rule
13a-16 Or 15d-16 Of</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -6.85pt"><FONT STYLE="font-size: 12pt"><B>The
Securities Exchange Act Of 1934</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -6.85pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt">For the month of
March 2024</FONT></P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 21%; color: black">

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Commission File
Number: 001-36631</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 20pt"><B>Grupo Aval Acciones
y Valores S.</B></FONT><B>A.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Exact name of
registrant as specified in its charter)</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Carrera 13 No.
26A - 47</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Bogot&aacute;
D.C., Colombia</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Address of principal
executive office)</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Indicate by check
mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="2" CELLPADDING="2" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 60%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Form 20-F</FONT></TD>
    <TD STYLE="width: 14%"><P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">X</FONT></P></TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Form 40-F</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 14%"><FONT STYLE="font-size: 10pt"></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>



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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>GRUPO AVAL ACCIONES
Y VALORES S.A.</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>TABLE OF CONTENTS</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="2" CELLPADDING="2" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>ITEM</B></FONT></TD>
    <TD STYLE="width: 91%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Notice of relevant information dated March 20, 2024 regarding resolutions
    adopted at the Ordinary General Meeting of Shareholders of Grupo Aval</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: right"><FONT STYLE="font-size: 10pt"><B>Item
1</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><FONT STYLE="font-size: 10pt"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 79px; width: 211px"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RELEVANT INFORMATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: justify"><B>Bogot&aacute;, March 20, 2024.
</B>Grupo Aval Acciones y Valores S.A. (the &ldquo;Company&rdquo;) hereby informs, in accordance with the provisions of numeral 5.5. of
article 5.2.4.3.1 of Decree 2555 of 2010, that the ordinary shareholders meeting (the &ldquo;Meeting&rdquo;) was held today, with the
necessary quorum to deliberate and decide. The following decisions were adopted at the Meeting with the required majorities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The meeting agenda was approved with a modification,
which consisted of adding an intervention by Mr. Luis Carlos Sarmiento Angulo, Chairman of the Board of Directors of the Company, at the
beginning of the meeting. The agenda was approved with the 100% of the votes present and valid for voting in the Meeting. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">2</FONT>.</TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The designation of Patricia Salgado Vergara and
Juan Vicente Fern&aacute;ndez Barroso as delegates for the approval of the minute, was approved with a the 100% of the votes present and
valid for voting in the Meeting.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The Management and Sustainability Report of the
Board of Directors and of the President of the Company, the non-consolidated and consolidated Financial Statements and its notes for the
period ended on December 31, 2023, were approved with a the 99.98% of the votes present and valid for voting in the Meeting. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">Approved the following distribution of profits,
with the 100% of the votes present and valid for voting in the Meeting:</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><B>GRUPO
AVAL ACCIONES Y VALORES S.A.</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><B>PROPOSED
DISTRIBUTION OF PROFITS</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><B>FOR THE
PERIOD BEGINNING ON JANUARY 1st AND ENDING ON DECEMBER 31st, 2023</B>&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><B>GENERAL
MEETING OF SHAREHOLDERS</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><B>Information reported in Colombian Pesos</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom; width: 12%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; font-size: 12pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Net Income</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; font-size: 12pt; text-indent: 8.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>723,037,875,251.11</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 0in; font-size: 12pt"><FONT STYLE="font-size: 8pt">With tax benefit</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; font-size: 12pt"><FONT STYLE="font-size: 8pt">723,037,875,251.11</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; text-indent: 0in; font-size: 12pt"><FONT STYLE="font-size: 8pt">Without tax benefit</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; white-space: nowrap; font-size: 10pt">-</TD>
    <TD STYLE="text-align: right; white-space: nowrap">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Plus:</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Occasional reserve release at the disposal of the General</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>7,220,882,540,490.76</B></FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Meeting of Shareholders</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Year 2019 and following</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>7,220,882,540,490.76</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">With tax benefit</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">5,615,806,338,383.29</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Without tax benefit</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; white-space: nowrap; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,605,076,202,107.47</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><B>Total Income available at the disposal of the General</B></TD>
    <TD STYLE="text-align: right; width: 12%"></TD>
    <TD STYLE="width: 12%"><B>&nbsp;</B></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 3pt double; text-align: right; width: 12%"><B>7,943,920,415,741.87</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><B>Meeting of Shareholders:</B></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt; text-align: justify"><FONT STYLE="font-size: 8pt">To
    distribute a cash profit of $2.00 per share per month during the months of April 2024 to March 2025, both months included over 23,743,475,754
    shares subscribed and paid as of the date of this meeting.</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt; text-align: justify"><FONT STYLE="font-size: 8pt"></FONT></P></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-left: 0.2pt; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>569,843,418,096.00</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.2pt; font-size: 11pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt; text-align: justify"><FONT STYLE="font-size: 8pt">The dividends will be taken from the retained profits of year 2019, subject to be paid in favor of the shareholders, without income tax.</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt; text-align: justify"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt"><FONT STYLE="font-size: 8pt">Note: Dividends will be
    paid within the first ten (10) days of each month according with applicable regulation.</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt"><FONT STYLE="font-size: 8pt"></FONT></P></TD>
    <TD STYLE="width: 12%; padding-left: 0.2pt; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>569,843,418,096.00</B></FONT></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 6.45pt"><B>Occasional reserve at the disposal of the General Meeting
    of Shareholders</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.45pt">&nbsp;</P></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%; font-size: 11pt">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right; font-size: 11pt"><FONT STYLE="font-size: 8pt">&nbsp;<B>7,374,076,997,645.87</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 11pt"><FONT STYLE="font-size: 8pt"><B>Total with tax benefit:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>5,769,000,795,538.40</B></P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P></TD>
    <TD STYLE="text-indent: 35.45pt; font-size: 11pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.45pt">Year 2023<BR>
Year 2022&nbsp;</P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.45pt">Year 2021&nbsp;</P></TD>
    <TD STYLE="text-align: right; width: 12%">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">723,037,875,251.11</P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">960,641,489,741.21</P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">1,629,509,516,179.19</P></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 6.45pt; font-size: 11pt"><FONT STYLE="font-size: 8pt">Year 2020</FONT></TD>
    <TD STYLE="text-align: right; font-size: 11pt"><FONT STYLE="font-size: 8pt">1,535,096,023,015.28</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 6.45pt; font-size: 11pt"><FONT STYLE="font-size: 8pt">Year 2019</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; font-size: 11pt"><FONT STYLE="font-size: 8pt">920,715,891,351.61</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 6.45pt; font-size: 11pt">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt"><BR STYLE="clear: both">
</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 11pt"><FONT STYLE="font-size: 8pt"><B>Total without tax benefit:</B>&nbsp;</FONT></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right; width: 12%"><FONT STYLE="font-size: 8pt">&nbsp;<B>1,605,076,202,107.47</B></FONT></TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 11pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.45pt">Year 2023<BR>
Year 2022&nbsp;</P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.45pt">Year 2021&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 12%">
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">-<BR>
1,580,537,752,857.82</P>
    <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">24,538,449,249.65</P></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 6.45pt; font-size: 11pt">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 11pt"><FONT STYLE="font-size: 8pt"><B>TOTAL</B></FONT></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 3pt double; text-align: right; width: 12%"><B>7,943,920,415,741.87</B></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2pt">Notes:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2pt"></TD><TD STYLE="width: 18pt">1.</TD><TD>The profits that are distributed from the profits of 2017 and following years, are subject to withholding tax at the source of dividends,
in accordance with articles 242, 242-1 and 245 of the E.T. (Colombian Tax Law)</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2pt"></TD><TD STYLE="width: 18pt">2.</TD><TD>Pursuant to article 242-1 of E.T. and in accordance with Regulatory Decree 1457/2020, the withholding at the source of dividends will
be transferred to all shareholders according to their participation, as a lower value to pay.</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

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<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">5.</FONT></TD><TD STYLE="padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">In addition to the aforementioned decisions, the Company informs the
ex-dividend dates applicable to the following dates:</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 85%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #E8E8E8">
    <TD STYLE="white-space: nowrap; width: 100%; border-top: Black 1pt solid; border-right: black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-size: 11pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ex dividend April 2024 - March 2025 (*)</FONT></TD></TR>
  </TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 85%; border-collapse: collapse">
  <TR STYLE="background-color: #E8E8E8">
    <TD STYLE="white-space: nowrap; width: 29%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Month</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 37%; border-bottom: Black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Initial ex dividend date</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 34%; border-bottom: Black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Final ex dividend date</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">April 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21.03.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">01.04.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">May 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25.04.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">02.05.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">28.05.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">04.06.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">July 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25.06.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">02.07.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">August 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26.07.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">01.08.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">September 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27.08.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">02.09.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">October 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25.09.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">01.10.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">November 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">28.10.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">01.11.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26.11.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">02.12.2024</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">January 2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26.12.2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">02.01.2025</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">February 2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">28.01.2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">03.02.2025</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25.02.2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">03.03.2025</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 47.05pt 0pt 70.9pt; text-align: justify"></P>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 85%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 100%">(*) Ex-Dividend dates may vary
subject to any determination of the Colombian Stock Exchange with respect to the business days for trading purposes.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 47.05pt 0pt 70.9pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The following proposal presented by the shareholder
Adminegocios S.A.S. to reform the Company&rsquo;s Bylaws was approved with the 100% of the votes present and valid for voting in the Meeting.
The proposal aimed to change the number of members of the Board of Directors to nine (9) members without alternates.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 11pt Times New Roman, Times, Serif"></P>


<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt"><FONT STYLE="font-size: 10pt">&ldquo;1. To amend Section
2 of Article 19 of the Bylaws as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: black 1pt solid; text-align: center; width: 50%; border-right: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Original Article</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: Black 1pt solid; width: 50%; text-align: center; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposal</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt"><B>ARTICLE 19. FUNCTIONS OF THE GENERAL SHAREHOLDERS'
MEETING.</B> The following are the functions of the General Shareholders' Meeting:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt">[&hellip;]</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 41.4pt; text-indent: -0.25in">2) Elect and freely remove
primary and alternate members of the Board of Directors.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt">[&hellip;]</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.4pt"><B>ARTICLE 19. FUNCTIONS OF THE GENERAL SHAREHOLDERS'
MEETING.</B> The following are the functions of the General Shareholders' Meeting:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[&hellip;]&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 41.4pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">2)
    </FONT>Elect and freely remove <FONT STYLE="color: #D13438"><STRIKE>primary and alternate</STRIKE></FONT> members of the Board of
    Directors.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[&hellip;]</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt"><FONT STYLE="font-size: 10pt">2. To amend Article 21
of the Bylaws as follows:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1pt solid; text-align: center; width: 51%; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Original Article</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: center; width: 49%; border-right: black 1pt solid; border-bottom: black 1pt solid; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposal</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify"><B>ARTICLE 21. COMPOSITION OF
    THE BOARD.-</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">The Board of Directors shall be
    composed of seven (7) primary directors and their seven (7) personal alternates. At least twenty-five percent (25%) of the members of
    the Board of Directors shall be independent in nature. Directors shall be elected by the General Shareholders' Meeting through the electoral
    quotient system. The President shall attend the meetings of the Board of Directors. He or she is allowed to speak but not vote, unless
    he or she is a member of the Board, in which case he or she may speak and vote. Directors shall have a term of one (1) year and may be
    re-elected for an indefinite number of terms or freely removed by the General Shareholders' Meeting before the expiration of the term.
    If, at the expiration of the term, the Shareholders' Meeting has not held a new election, the previously elected directors shall remain
    in their positions.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify"><B>ARTICLE 21. COMPOSITION OF
    THE BOARD.-</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">The Board of Directors shall be
    composed of <FONT STYLE="color: #D13438"><STRIKE>seven</STRIKE></FONT> nine (<FONT STYLE="color: #D13438"><STRIKE>(7</STRIKE><U>9</U></FONT>)
    <FONT STYLE="color: #D13438"><STRIKE>primary</STRIKE></FONT> directors <FONT STYLE="color: #D13438"><STRIKE>and their seven (7) personal
    alternates</STRIKE></FONT>. At least twenty-five percent (25%) of the members of the Board of Directors shall be independent in nature.
    Directors shall be elected by the General Shareholders' Meeting through the electoral quotient system. The President shall attend the
    meetings of the Board of Directors. He or she is allowed to speak but not vote, unless he or she is a member of the Board, in which case
    he or she may speak and vote. Directors shall have a term of one (1) year and may be re-elected for an indefinite number of terms or freely
    removed by the General Shareholders' Meeting before the expiration of the term. If, at the expiration of the term, the Shareholders' Meeting
    has not held a new election, the previously elected directors shall remain in their positions.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 63.8pt; text-align: justify; text-indent: 64.1pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 63.8pt; text-align: justify; text-indent: 64.1pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 63.8pt; text-align: justify; text-indent: 64.1pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt">3. Remove
Article 23 of the Bylaws and, as a consequence, adjust the numbering of the current articles 24 to 46 of the Bylaws, which become articles
23 to 45:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 63.8pt; text-align: justify; text-indent: 64.1pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1pt solid; text-align: center; width: 51%; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Original Article</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; width: 49%; text-align: center; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposal</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 6pt; text-align: justify; font-size: 12pt; padding-left: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify"><B>ARTICLE 23. ALTERNATES. </B>Alternate board members shall replace primary board members during permanent or temporary absences, but they may be called to participate in the Board's deliberations, even when they would not otherwise be required to attend, in which case the alternate shall be able to speak but not vote in the deliberations and shall be paid the same compensation as the primary board members.</FONT></P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 6pt; font-size: 12pt; text-align: justify; padding-left: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #D13438"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify"><STRIKE>ARTICLE 23. ALTERNATES. Alternate board members shall replace primary board members during permanent or temporary absences, but they may be called to participate in the Board's deliberations, even when they would not otherwise be required to attend, in which case the alternate shall be able to speak but not vote in the deliberations and shall be paid the same compensation as the primary board members.</STRIKE></FONT></P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64.1pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64.1pt; text-align: justify"><FONT STYLE="font-size: 10pt">4.
To amend Article 28 of the Bylaws as follows:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1pt solid; text-align: center; width: 49%; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Original Article</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; width: 51%; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposal</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify"><B>ARTICLE 28. Supplemented and
    modified by Public Deeds Nos. 0580 of March 6, 2006 issued by Notary 18 of Bogot&aacute;, and 28 of January 6, 2011 issued by Notary 73
    of Bogot&aacute;. AUDIT COMMITTEE: </B>The Audit Committee shall be made up of three primary directors and no alternates. All members
    must be independent primary members. The members of the Committee shall be appointed by the Board of Directors. The Company's CPA shall
    also be part of the Committee. He or she shall be entitled to speak at meetings but not vote. Committee meetings may be scheduled by any
    Company official.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify"><B>PARAGRAPH</B>. The Audit Committee
    must meet at least once every three (3) months. The decisions of the Audit Committee shall be documented in minutes, subject to the provisions
    of Article 189 of the Commerce Code.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 5.4pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify"><B>ARTICLE 2</B><FONT STYLE="color: #D13438"><U>7</U><STRIKE>8</STRIKE></FONT><B>.
    Supplemented and modified by Public Deeds Nos. 0580 of March 6, 2006 issued by Notary 18 of Bogot&aacute;, and 28 of January 6, 2011 issued
    by Notary 73 of Bogot&aacute;. AUDIT COMMITTEE: </B>The Audit Committee shall be composed of at least <FONT STYLE="color: #D13438"><STRIKE>made
    up of</STRIKE></FONT> three <FONT STYLE="color: #D13438"><STRIKE>primary </STRIKE></FONT>directors <FONT STYLE="color: #D13438"><STRIKE>and
    no alternates</STRIKE> <U>including</U></FONT> all <FONT STYLE="color: #D13438"><U>independent</U></FONT> members <FONT STYLE="color: #D13438"><STRIKE>must
    be independent primary</STRIKE></FONT>. The members of the Committee shall be appointed by the Board of Directors<FONT STYLE="color: #D13438"><U>,
    which will also enact the Regulation of said Committee.</U></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify">The Company's CPA shall also
    be part of the Committee. He or she shall be entitled to speak at meetings but not vote. Committee meetings may be scheduled by any Company
    official.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify"><B>PARAGRAPH</B>. The Audit
Committee must meet at least once every three (3) months. The decisions of the Audit Committee shall be documented in minutes, subject
to the provisions of Article 189 of the Commerce Code.</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: right">&rdquo;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: right"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The following proposal presented by the shareholder
Adminegocios S.A.S. to reform the Company&rsquo;s Bylaws was approved with the 100% of the votes present and valid for voting in the Meeting.
The proposal aimed to incorporate a procedure for the election of the Secretary of the Board of Directors.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt"><FONT STYLE="font-size: 10pt">&ldquo;5. To amend Article
22 of the Bylaws as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 64pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1pt solid; vertical-align: bottom; text-align: center; width: 51%; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Original Article</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: center; width: 49%; border-right: black 1pt solid; border-bottom: black 1pt solid; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposal</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: justify; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify"><B>ARTICLE 22. CHAIR AND SECRETARY. </B>The Board of Directors shall have a Chair elected from among the directors, as well as a Secretary who may be a board member or another person.</FONT></P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5pt; padding-left: 5pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify"><B>ARTICLE 22. CHAIR AND SECRETARY.
    </B>The Board of Directors shall have a Chair elected from among the directors, as well as a Secretary who may be a board member or another
    person.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 6.45pt; text-align: justify; color: red"><U>In addition,
for the election of the Secretary, the Board of Directors will consider the following: (i) If the Secretary will be a solely purpose
collaborator, the Board of Directors will appoint or remove at its discretion. (ii) If the candidate for Secretary holds an executive
position within the Company, will be appointed by the Board of Directors upon proposal by the President of the Company.</U></P></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: right">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt"><FONT STYLE="font-size: 10pt">8.</FONT></TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The following individuals were elected as members
of the Board of Directors for the period beginning on March 20, 2024, and ending on March 31, 2025. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: center"><B>BOARD OF DIRECTORS &ndash; GRUPO
AVAL ACCIONES Y VALORES S.A.</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: center"><B>2024 &ndash; 2025</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: center"><B>DIRECTORS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 65%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">LUIS CARLOS SARMIENTO GUTI&Eacute;RREZ</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">MAURICIO C&Aacute;RDENAS M&Uuml;LLER</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">FABIO CASTELLANOS ORD&Oacute;&Ntilde;EZ (*)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">ANDR&Eacute;S ESCOBAR ARANGO (*)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">LUIS FERNANDO L&Oacute;PEZ ROCA (*)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">ESTHER AM&Eacute;RICA PAZ MONTOYA (*)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">JOS&Eacute; MAURICIO SALGAR HURTADO (*)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">JORGE SILVA LUJ&Aacute;N (*)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">ALVARO VEL&Aacute;SQUEZ COCK</FONT></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 75%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 100%">(*) Independent members (pursuant to Colombian regulation).</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 85.05pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 35.4pt; text-align: justify">The approved fees for attendance
at each meeting of the Board of Directors are eleven million Colombian pesos (COP $11,000,000) and two million Colombian pesos (COP $2,000,000)
for attendance at each Board of Directors support committee. The approval was made with the 99.98% of the votes present and valid for
voting in the Meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 35.4pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt">9.</TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The Meeting appointed KPMG S.A.S as the Company's
External Auditor for a period of one (1) year. KPMG will appoint the individuals who will hold the positions of Principal and Alternate
External Auditor of the Company on behalf of the firm. The annual fee approved by the Shareholders' Assembly is one hundred eleven million
five hundred forty thousand Colombian pesos (COP 111,540,000) plus VAT. The approval was made with the 100% of votes present and valid
for voting in the Meeting. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.8pt"></TD><TD STYLE="width: 17.1pt">10.</TD><TD STYLE="text-align: justify; padding-right: 25.75pt"><FONT STYLE="font-size: 10pt">The amendment to the Policy for the appointment
and compensation of the Board of Directors regarding the elimination of the following apart, was approved with the 99.98% of the votes
present and valid for voting in the Meeting. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 39.9pt; text-align: justify">&ldquo;(&hellip;)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 39.9pt; text-align: justify">Compensation of the Board of
Directors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 39.9pt; text-align: justify">The General Shareholders Meeting
shall be in charge of establishing the amount of fixed fees to be paid to the directors, as compensation for their attendance to the
Board of Directors meetings or to its Support Committees. <FONT STYLE="color: red"><STRIKE>Alternate members attending to the meetings
of the Board of Directors, shall be entitled to earn the same compensation of the principal members, even if they do not act in their
replacement.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 39.9pt; text-align: justify">(&hellip;)&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 39.9pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0">All processes and authorizations necessary to carry out
the Ordinary meeting of Shareholders were completed satisfactorily.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0">The ordinary meeting of Shareholders had the authority
to deliberate and decide the matters proposed in the agenda.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 25.75pt 0pt 0">&nbsp;</P>




<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><FONT STYLE="font-size: 10pt">SIGNATURE</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">Date: March 21,
2024</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="2" CELLPADDING="2" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>GRUPO AVAL ACCIONES Y VALORES S.A.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">/s/ Jorge Adri&aacute;n
    Rinc&oacute;n Plata</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 47%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 29%"><FONT STYLE="font-size: 10pt">Jorge Adri&aacute;n Rinc&oacute;n Plata</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Chief Legal Counsel</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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