Investor Presentaiton

Corporate governance practices Luis G. Echeverri Vélez Independent Board Member Orlando Ayala Lopez Independent Board Member German Quintero Rojas Board Member Juan E. Posada Echeverri Independent Board Member BOARD OF DIRECTORS +20 years of experience in international business, public policy, and public & private project finance ➤ Former Executive Director of the Inter-American Development Bank Chairman of the Bogota Chamber of Commerce, and board member of Teléfónica and Pragma ➤ B.A. in Law from University of Medellin and MSc in Agricultural Economics from Cornell +40 years of experience in the global technology industry ➤ Former Microsoft's World President for emerging markets, and VP of Sales, Marketing & Support ➤ Independent director of the Executive Council of Centene Corp. ➤ BSc in Information Systems Administration at Jorge Tadeo Lozano University in Bogota General Secretary of the Ministry of Finance and Public Credit ➤ Former Managing Director of Fogafin and President of the National Hydrocarbons Agency ➤ Board member at Fiduciaria La Previsora S.A., Central de Inversiones S.A. and Gecelca S.A. E.S.P ➤ B.A. in Law from Sergio Arboleda University and PhD candidate from San Pablo CEU University of Madrid ➤ Former Chairman of Avianca, Alianza Summa (Avianca-Aces-Sam) and Aces S.A. ➤ Currently serves as Executive Chairman of Táximo Ltd., President of Direktio S.A.S., and board member of Grupo Odinsa S.A., among other corporates ➤B.A. in Management from EAFIT University in Medellín, with an MBA from Pace University in New York Sergio Restrepo Isaza Independent Board Member Luis Perdomo Maldonado Independent Board Member Carlos Gustavo Cano Sanz Independent Board Member Hernando Ramírez Plazas Independent Board Member Esteban Piedrahita Uribe Independent Board Member ➤ Former Vice President of Capital Markets and Corporate Development at Bancolombia Group ➤ Former board member of Cementos Argos, Compañía Nacional de Chocolates, Conavi, SUAM, among others ➤ B.A. in Management from EAFIT Unversity of Medellín, with an MBA from Stanford University +30 years of senior management experience in the Colombian banking industry, including President of Banco Colpatria and Scotiabank Group ➤ Founding member of the Colombian Institute of Corporate Governance > B.A. in Management from the CESA School of Advanced Studies in Administration ➤ Former President of the Colombian Agriculture Association (SAC), Founder and Director of Corporación Colombia Internacional (CCI), President of the Agrarian Fund, and President of the newspaper El Espectador ➤ Former Minister of Agriculture and Co-Director of Banco de la República ➤ Member of the Group on Earth Observations Global Water Sustainability (GEOGLOWS) in the United States ➤ Former Dean of the Faculty of Engineering at Universidad Surcolombiana, Principal, and Professor. ➤ BSc in Chemical Engineer and MSc in Public Health from Universidad Nacional de Colombia, ➤ Former General Director of the National Planning Department, Advisor for the President, Senior Specialist for the Inter-American Development Bank, among others ➤ President of the Cali Chamber of Commerce and board member of Cementos Argos, among other corporates ➤ BSc in Economics from Harvard University Strong corporate governance practices Commitment to transparency Multiple venues to look for guidance or whistleblowing Robust AML standards to prevent money laundering and terrorism financing Increased independent directors: from 4 in 2008 to 8 in 2019 Minority governance ensured through an elected board member No director with ministerial rank following OECD recommendations New corporate governance model underpins the execution of the business plan 10

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