Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Grupo SURA — Investor Presentation (September 2024)
24 slides from Grupo De Inversiones Suramericana's investor presentation, September 2024
Slide 1: Corporate Presentation September
Corporate Presentation SEPTEMBER
Slide 2: Disclaimer
Disclaimer GRUPO sura This document may contain forward-looking statements related to Grupo SURA and its subsidiaries, which have been made under assumptions and estimates made by the management of the Companies and may be subject to change. Fora better illustration and decision making, the figures
Slide 3: Grupo SURA
Grupo SURA GRUPO.
Slide 4: A company with a long-term vision from the outset
GRUPO . os S A company with a long-term vision from the outset surd > Preserving the way we do business and value creation — INSURANCE LEADERSHIP FINANCIAL SERVICES INTERNATIONAL EXPANSION GREATER FOCUS in Colombia Leader in Colombia Multi-Latin Financial Services + Footprint optimization: Organic g
Slide 5: Our portfolio in leading companies
Our portfolio in leading companies Positive evolution and opportunities for future growth — Ss Grupo suramericana S$ Sura Bancolombia yt ASSET MANAGEMENT 2 ry La 81.1% 93.3%" 46.2% | 24.5% GRUPO ARGOS INSURANCE GROUP #4 PENSION FUND #1 LEADING BANK 45% | 34%5 a INLATAM INTHEREGION INFRASTRUCTURE HOL
Slide 6: Who are we?
WHO ARE WE? GRUPO sura / INVESTMENT WW ° MANAGER \W WHAT DO WE WANT? Strategic objective SUSTAINABLE PROFITABILITY Generation of Harmonious economic value development of society Balanced capital management Economic - Human- Social- Natural —- “> eHOW WE DIFFERENTIATE OURSELVES? APPLIED PROPIETARY St
Slide 7: Financial services footprint
(> Financial services footprint Sura — ee Dividends by Company Dividends by country e e 2024 (E) 2024 (E) e ee eee a S XS 51% \ \\ Ss \ \\ e sura= \ \ ASSET MANAGEMENT ¥\ \\ ‘ . \\ | 3 = 14% @ Ss suramericana => . ° a Q 10 countries Q 64,160 bd) From Latin America Collaborators ee e = Se po Q 73.6 m
Slide 8: Dividends received have multiplied 7x in the last years
Dividends received have multiplied +7 in the last 13 years CRU em SS >s Accompanied by portfolio diversification and greater contribution from financial services companies S U ca GF Dividends received 2011 — 2024E 2024E 7.2x CAGR 16% 501 462 264 267 287 2011 - 2023 243 54 200 209 11% 153 171 tos 119
Slide 9: Compound annual growth in equity of 17.6% since 2000
Compound annual growth in equity of 17.6% since 2000 GRUPO EAS Ss Accompanied by long-term double-digit growth in revenues and net income S U ra A REVENUES @ CONTROLLING NET 9 CONTROLLING INCOME? SHAREHOLDERS EQUITY 11x v 45x CAGR 10.8% v CAGR 17.6% 71 65 0.6 43 2.2 0.2 0.6 || 0.0 o.1 2000 2010 2024
Slide 10: Capital Structure
Capital Structure Flexibility in debt management given cash flow Debt profile (USD million) Individual Net Debt* 600 USD 1.8 bn = Y Local Rating AAA (Fitch) Y International Rating BB+ (Fitch — S&P) 225 206 210 169 135 81 70 72 35 22 24 | |_| | a = = — — = — 2024 2025 2026 2027 2028 2029 2030 2031 20
Slide 11: Cash flow projections
Cash flow projections Dividends received | Operating Cash Flow* Net Debt / Divi 501 2018 2019 2020 2021 2022 2023 2024E 2025E 2026E Dividends received ‘Operating cash flow Operating cash flow* It does not include divestments, capital optimization or modifications to the dividend policy. Available fo
Slide 12: • • • 1,400 14. 0% 1,200 12. 0% 1,000 10. 0% • 8.0
• • • 1,400 14. 0% 1,200 12. 0% 1,000 10. 0% • 800 8.0 % • 600 6.0 % 400 4.0 % • 200 2.0 % - 0.0 %
Slide 13: Portfolio Companies
Portfolio Companies
Slide 14: Suramericana
Suramericana GRUPO we => Market leader in insurance industry, trends and risk management S U ca F a — OQ Multichannel, Multi-segment, Markets with low penetration Patrimonial Strength Qa Guidance 2024 2 eta © Multiregién Penetration Rate 2022 (premiums/GDP) Equity growth 2014-20 2024: 2.6X Leadershi
Slide 15: Financial figures show the benefit of diversification
Financial figures show the benefit of diversification GRUPO sura Results leveraged by double-digit growth in premiums WRITTEN PREMIUMS * EQUITY CONTROLLING NET INCOME** 5,226 1,461 195 97 566 1,250 2014 2024 TM 2014 Jun 2024 2014 2024 LTM Adjusted for ns in Argentina and Els Adjusted ROE LTM Adjuste
Slide 16: ROE & ROTE
ROE & ROTE cic Ss surd = 18.4% 2.1% 2017 2018 2019 2020 2021 2022 2023 2Q24 LTM —Adjusted ROE =Ajusted ROTE The values as of June 2024 are adjusting the operations of Argentina and El Salvador as well as the EPS
Slide 17: SURA Asset Management
SURA Asset Management Leading Latin American asset manager in pension fund administration, asset management and investment advisory services Leadership in the region in C9, industries with high growth SURA Investments Total AUM High cash generation potential 90.9% 20.8% 10.8% USD 165 bn : CAGR of re
Slide 18: Financial figures with positive evolution
Financial figures with positive evolution GRUPO Reflecting stable business dynamics over time S U ra COMMISION INCOME EQUITY CONTROLLING NET INCOME CAGR:12% CAGR: 3% CAGR: 8% 2,611 989 1,964 ) ) ) 211 336 103 2014 2024 LTM 2014 Jun 2024 2014 224 LTM gures in USD millions, AUM in USDbillion Adjusted
Slide 19: ROE & ROTE
ROE & ROTE cic Ss surd = 32.8% 8.7% 8.8% 8.7% 7.4% 6.4% 5.6% 7.3% 5.1% 2017 2018 2019 2020 2021 2022 2023 2Q24LTM — Adjusted ROE Adjusted ROTE
Slide 20: Bancolombia
Bancolombia Leading financial group in Colombia with a presence in Central America — Leadership Brand sete . . a C9, 74% Participation of rand positioning Financial Strength Profitability e' monetary transactions** in Colombia ROE 15.3% in a2 2024 Market Share and Credit Position Brand #L, and with
Slide 21: Financial figures reflecting financial soundness
Financial figures reflecting financial soundness GRUPO Accompanied by business growth, expansion and consolidation S U ca ASSETS EQUITY CONTROLLING NET INCOME 84,907 9,455, ) 1,541 36,072 4,067 609 2 20 Mi 2014 Jun 2024 2014 Jun 2024 2014 2024 LTM Figures in USD millions ROTE 20.5 vs 22.2% 2Q23 1.7%
Slide 22: Corporate Governance
Corporate Governance GRUPO Sy Board of directors S U ra — EQUITY MEMBERS Alejandro Jaime Alberto Jorge Mario Luis Javier Piedrahita Velasquez Velasquez Zuluaga INDEPENDENT MEMBERS Jaime Guillermo Pedro Arrubla Villegas Mejia
Slide 23: Recognitions
ene SS Recognitions Sura ~ Member of Dow Jones Sustainability Indices Powered by the S&P Global CSA Bloomberg Gender-Equality Index 2023 Sustainability CEES Yearbook Member Performance S&P Global Corporate Sustainability Assessment (CSA) Score 2023 ISS ESGD> RATED BY
Slide 24: Contacts
Contacts GRUPO ~ Ricardo Jaramillo Juan Esteban Toro CEO CFO Carlos Eduardo Gonzalez Daniel Mesa Juliana Restrepo Investment and Capital Director of Investors and Investor and Capital Markets Manager Capital Markets Markets Analyst cegonzalezt@gruposura.com.co dmesa@gruposura.com.co jrestrepoj@grupo