Grupo Cibest S.a. · BVC:CIBEST
Grupo Cibest — Q1 2020 Earnings Presentation
22 slides from Grupo Cibest's earnings presentation, May 6, 2020
Slide 1: 1Q20 Earnings Results
1Q20 EARNINGS RESULTS 1 Investor Relations– 1Q20 Results
Slide 2: Key Subjects 1Q 2020
Key Subjects 1Q 2020 \ Macroeconomic re Front \_J Tid Response to COVID-19 aX Business Performance
Slide 3: National Responses - Macroeconomic Front
= National Responses - Macroeconomic Front we Socio-Political Context Fiscal Front + Governments have declared a state of emergency + Establishment of the Emergency Mitigation Fund + Mandatory Confinement * Investments aimed to enhance the hospital and + Land, maritime and airspace borders closed he
Slide 4: Response to COVID-19
_ Response to COVID-19 “- Employees Welfare and Sustainability Vv Human Resources Support New work methodologies Protocols setting-up Proactive measures to assure the 90% of employees working Special measures in branches to sustainability of the labour force remotely protect customers and employees
Slide 5: Response to COVID-19: Banking Operations - Colombia
Response to COVID-19 Banking Operations- Colombia Branches Health and safety procedures adopted in all branches Maximum capacity limit of 50 people per location Reduced hours of service NS) Contact Center and Sales Representatives Working from home scheme adopted at Contact Center Self management se
Slide 6: Response to COVID-19: Digital Channels - Colombia
Response to COVID-19 Banking Operations: Digital Channels- Colombia Transactions eb) 440 66 419 395 co January February March —Digital Channels —=Physical Channels Million of transactions Digital Platforms 63% 62% 56% 49% 2.2 2.2 2.6 1g 1.9 1.2 0.8 0.7 0.3 fo = 2017 2018 2019 Mar-20 mam NEQUI ml Ban
Slide 7: Bancolombia Current Situation
Bancolombia Current Situation Liquidity A Management Capital Management (WY
Slide 8: Liquidity Management
_ Liquidity Management “- = Available Balances = Deposit by Customers Cash & Balances + Investments Liabilities Total:+18% 1.9 -30% 19.2 +37% Total:+29% : d . 61 : 3.6 5.5 “US +17% 18.9 +12% 184.2 17.8 16.8 ' : +49% 15.3 18.3 erie: 1a19 4ai9 1920 119 4a19 1Q20 mM REPOS + Interbank Borrowings ' MREPO
Slide 9: Capital Adequacy
Capital Adequacy Capital well above regulatory levels. -_- —/- 15.60% : Equity 1Q20/1Q19 A +12% 1Q20/QT19 A +1% 5 12.42% 12.97% 12.84% 9 11.58% ae 24,383 9% 9% 21,952 Gis 20,866 4.5% 45% 14.5% a 1017 1018 1a19 1420 Grupo Zs = Bancolombia> Bancolombia™ BancoAgricola> Bante s BAM uTier! mTier Il Tier
Slide 10: Credit Risk
Credit Risk Provisions 1Q20: 1.38 TN Update of parameters + COVID -19 Deterioration of macroeconomic variables + Increase in expected loss + COVID-19 Effects Consumer Loans deterioration * Seasonal Factors * Growth in consumer loans Commercial loans deterioration * Currency depreciation Special case
Slide 11: Colombia and Central America Overview
Colombia and Central America Overview we io Banistmo Financial Highlights «) Acquired in 2013 1Q20/1Q19.2) o- Bancolombia™ Efficiency: 47.4% / 43.8% = Efficiency: 50.7% / 48.9% t NIM: 6.2% / 6.2% — NIM: 3.4% / 3.7% ; Fee Income Growth: 8.1% Fee Income Growth: 17.6% Loan Quality 90d: 3.3% / 3.6% s 7
Slide 12: Assets and Loans Breakdown
= Assets and Loans Breakdown we Total Assets Total Gross Loans 1Q20/1Q19 A +24% REPOS + Interbank Manuf. Products, 6% 1Q20/1Q19 4 +17% 1Q20/4Q19 A +17% Balances at central Borrowings, 2% Agriculture, 3% 1Q20/4Q19 A +12% bank, 10% Public services, 4% Consumer loans, 21% ul . CEBAS acomm, 5% Commerce
Slide 13: Performance of Margins
Performance of Margins 5.9% 6.0% 59% 62% 6.2% 5.5% 5.6% 5.6% 0.4% 0.7% 4Q17._ 1018 «=2Q18 ~=3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 -— Net interest margin —=Loans Net interest margin Investment Net interest margin a
Slide 14: Income and Deposits
= Income and Deposits ~~ Net Interest Income Liquidity and Deposits 184,216 2,912 114% , 2,687 2,842 109% 143,906 2,620 2,887 [ 1a19 4qi9 1Q20 1a19 4aQ19 120 mmDeposits —Net Loans / Deposits mNet Loans Income Net Investments Income COP Billion Funding Cost : Cost of Deposits 9 1Q19_ 4Q19._-1@20 shar
Slide 15: Provisions and Coverage
PY Provisions and Coverage “~- a as 2.3% 2.5% a Net Provisions Charges ue 1Q20/1Q19 \ +86% 1Q20/4Q19 A +22% - ~ = Cost of Risk: 2.2% (Last Twelve Months) 2Q18 3Qls 4Q18 1Q19 2Q19 3Q19 4ai9 1Q20 PDLs and Coverage per Category % of loan Overdue 30 days Overdue 90 days portfolio} 1@19 4Q19 1Q20 | 1Q19
Slide 16: Asset Quality
_ Asset Quality “- Asset Quality Evolution 1Q19_ 2Q19 3Q19 4Q19_ 1Q20 Initial PDLs 7,305 8,454 8,122 7,563 7,530 New PDLs* 1,692 826 91 730 2,234 Charge-offs (543) (1,158) (650) (763) (685) 16 * New PDLs is the sum of the change in PDLs and charge-offs for the period. COP Billion
Slide 17: Operating Expenses & Efficiency
— Operating Expenses & Efficiency we Total Operating Expenses Personnel Expenses Administrative Expenses 1Q20/1Q19 A +9% 1Q20/1Q19 A +9% 1Q20/1Q19 A +9% 2,155 1131 1.254 1,973 , 842 921 1Q19 1Q20 mPersonnel Expenses* mAdministrative Expenses 51.2% 51.4% 49.6% SES ee anh 4.2% 41% 41% ®=Operating Expe
Slide 18: Profitability
Profitability ROE & ROA 13.47% 11.44% 1.25% 1.04% .90% 0.54% 1Q17 1Q18 1Q19 “@ROE -ROA ROE Last Twelve Months 9.9% 1Q20 18
Slide 19: 1Q20 Earnings Results
1Q20 EARNINGS RESULTS 19 Investor Relations– 1Q20 Results
Slide 20: Non-Interest Income
Non-Interest Income Evolution of Net Fees 1Q20/1Q19 A +12% 19.1% 9% 19.8% 1Q20/4Q19 A +2% 17.2% 9% 1Q17 1Q18 1Q19 1Q20 mmiNet Fees Fee Income Ratio Credit/debit cards Trust and Securities Bancassurance 1Q20/1Q19 A +12% 1Q20/1Q19 A +5% 1Q20/1Q19 A +30% 478 293 173 | 78 83 99 — ss _ 12 |__| 1Q17 1Q18
Slide 21: Disclaimer
_- Disclaimer Bancolombia This report_.corresponds tothe interim unaudited consolidated financial statements of BANGOEOMBIA S.A. and its subsidiaries (“BANCOLOMBIA” or “The Bank”) which Bancolombia controls, amongst others, by owning directly or indirectly, more than 50% of the voting capital stock.
Slide 22: 1Q20 Earnings Results
1Q20 EARNINGS RESULTS 22 Investor Relations– 1Q20 Results