Grupo de Inversiones Suramericana S.A. · BVC:GRUPOSURA
Grupo de Inversiones Suramericana — Grupo SURA — Q2 2025 Earnings Presentation
25 slides from Grupo de Inversiones Suramericana's earnings presentation, August 2025
Slide 1: 2025 Results Presentation
2025 Results Presentation
Slide 2: Disclaimer
Disclaimer This document may contain forward-looking statements related to Grupo SURA and its subsidiaries, which have been made under assumptions and estimates of the management of the Companies and may present variations. For a better illustration and decision making, the figures are administrativ
Slide 3: Grupo SURA evolution, Consolidated results, Results by company
Grupo SURA evolution 01 Consolidated results 02 Results by company 03
Slide 4: Grupo SURA Evolution
GRUPO sura WW GRUPO SURA EVOLUTION
Slide 5: Advancing in our strategic objectives
Advancing in our strategic objectives Focus and deepening in financial services, while achieving value for our shareholders. • Simpler structure enables value • Increased liquidity and market • Focus and deepening on disclosure. value, managing to enter global financial services. indices. • They inc
Slide 6: Value visibility: shareholders perceived increase in valuation of their investment
Value visibility: Our shareholders percieved a increase of the valuation of their investment of 65% for the common share and 93% for the preferred share from the signing of the agreement Shares Performance pre-spinoff Shares performance post-spinoff 18/12/2024-18/7/2025 18/12/2024-31/7/2025 Common O
Slide 7: Dividends
Increase: Economic stake of shareholders increased by 77% compared to December 2023 % of total shares (1% initial total) 1,77% Dividends Shareholders receive in 2025 dividends from 2 sources: 1,00% • COP 1,500 per share of Grupo SURA 0,60% • COP 249 per share of Grupo SURA as a result of shares rece
Slide 8: Increased market interest: liquidity increases 4x with additional index exposure
Increased market interest: liquidity increases 4x with addtitional exposure to local and international indices Average volume of both stocks has multiplied 4x since the FTSE announcement of the transaction In March, our preferred stock was included in Average: common + pref. the FTSE Global Index, e
Slide 9: Discount of shares remains at 20% to 38% to estimated value
Discount of shares remain in at 20% to 38% to the estimated value of calculated in the Spin-Off Project, despite the increase in the share price Evolution of Grupo SURA's market value COP$Bn Implicit P/BV valuation : Stake delivered 20% - 38% 2024 -> 0.5x to our shareholders discount 2025 -> 0.7x 3.
Slide 10: Financial group backed by an ecosystem of leading companies
Financial group backed by an ecosystem of leading companies, with a regional presence, leveraged on talent, technology and scale to capitalize on opportunities Strong ESG practices Regional financial platform Commitment to sustainability 76 million customers and corporate governance in 10 countries
Slide 11: More than 41,000 shareholders are part of Grupo SURA's shareholder base
More than 41,000 shareholders are part of Grupo SURA's shareholder base, strengthening the free-float and liquidity of the share Shareholder composition Total Shares Common Shares International Funds Foundations International Funds 6% 6% 5% Individual Investors Individual Investors 11% 9% Total Shar
Slide 12: Grupo SURA | 2Q 2025
GRUPO sura WW GRUPO SURA | 2Q 2025
Slide 13: Controlling net income closes at COP 1.2 tn in June
Grupo SURA's controlling net income closes at COP 1.2 tn in June, placing it at the top of the range of the guidance for the year Operating revenue Operating profit Controlling Net Income Adjusted¹ Adjusted¹ Adjusted¹ +4.7% +13.1% +33.5% Recurring LTM Controlling Net Income 1,967 June June June June
Slide 14: Net earnings per share reached COP 6,003 in the last twelve months
Net earnings per share reached COP 6,003 in the last twelve months, reflecting a compound annual growth of 16.2% since 2019 Net Earnings Per Share (COP) 6. 2% R + 1 CAG Net earnings per share last twelve months increased 18.4% compared to 2024. 1 1 2 Net earnings per share Net income per share finan
Slide 15: Investments Performance | 2Q 2025
INVESTMENTS PERFORMANCE| 2Q 2025
Slide 16: Technical result increased by 10.0% in the year
Technical result increased by 10.0% in the year as a result of lower claims, amid lower growth in premiums due to risk appetite and a greater competitive environment Written Premiums Technical result Investment income Controlling Net Income Proforma Proforma Proforma Proforma +3.1% +10.0% +2.2% -5.0
Slide 17: Premiums in the P&C segment decreased 3.7%
Premiums in the P&C segment decreased 3.7% in the cumulative product of lower risk appetite, as well as a greater competitive environment in car insurance. Written Premiums Technical result Investment income Net Income -3.7% -5.2% +1.3% -49.7% June 2024 June 2025 June 2024 June 2025 June 2024 June 2
Slide 18: Life segment profits up 11.7%
Life segment profits up 11.7%, driven by premium growth and lower cumulative claims Written Premiums Technical result Investment income Net Income +11.6% +4.8% +11.7% +73.7% June 2024 June 2025 June 2024 June 2025 June 2024 June 2025 June 2024 June 2025 CLAIMS RATIO 67.6% 64.2% Var% June 2025 vs Jun
Slide 19: Suramericana Guidance 2025 Update
Suramericana Guidance 2025 2025 UP DATE Written Premiums 8% - 10% 6% - 8% Life: 11%-13% Life: 11%-13% P&C: 6% - 8% P&C: 3% - 5% Claims 57% - 58% 57% - 58% Administrative Expenses / 14% - 15% 15% - 16% Written Premiums Adjusted ROE 9.5% - 10.5% 10.0% - 11.5% Adjusted ROTE 12% - 14% 12% - 14% Consolid
Slide 20: Net income up 42.1%, driven by operational improvements
Net income up 42.1%, driven by operational improvements and higher return on legal reserve AUM Fee and Commission Operating profit Cop Tn Income Excluding legal reserve Net Income +15.1% +9.4% 781 +42.1% +14.7% 686 June 2024 June 2025 June 2024 June 2025 June 2024 June 2025 June 2024 June 2025 June
Slide 21: Savings & Retirement operating profit excluding legal reserve grew 15.1%
Savings & Retirement Operating Profit excluding legal reserve grew 15.1% in constant currency, driven by an 8.5% increase in fee and commission income and control of administrative expenses Fee and Commission Income from legal Operating profit Income reserve excluding legal reserve +8.5% +15.1% +57.
Slide 22: SURA Investments' cumulative operating profit grows 76.4%
SURA Investments' cumulative operating profit grows 76.4%, leveraged by a 17.0% increase in AUM and an operating margin expansion of 350 basis points AUM Fee and Commission Income Cop Tn Operating profit +17.0%* +18.2% +76.4% June 2024 June 2025 June 2024 June 2025 June 2024 June 2025 Var% June 2025
Slide 23: Grupo Cibest recorded solid performance in the first half
Grupo Cibest recorded a solid performance in the first half of the year, with net income of COP 3.5 bn (+13.7%) and an ROE of 16.8%, leveraged on a lower cost of credit and resilient NIM Total Gross Loans Net Income Net Interest Margin +4.4% +13.7% 2Q24 3Q24 4Q24 1Q25 2Q25 Quarterly ROE June June Ju
Slide 24: Contribution from financial operations increases by 16.8%
Contribution from financial operations increases by 16.8% compared to 2024 and reaches COP 1.8 trillion leveraged by the good performance of SURA AM and Grupo Cibest Controlling net income composition Financial Portfolio COP 1.8 tn 2000,0 1800,0 864,297 1600,0 1400,0 -412,115 1220,762 1200,0 -78,198
Slide 25: Cash flow remains robust post-spinoff
Cash flow remains robust post-spinoff, allowing financial flexibility to be preserved Dividends received | Operating Cash Flow* Net Debt / Dividends Financials Operating cash flow excl. Nutresa tax* Net Debt Net Debt / Dividends Dividends Net debt • Dividends of 2025 for COP 2.2 tn, with 94% • Net d