BANCOLOMBIA S.A. ANNOUNCES RESOLUTION OF THE BOARD OF DIRECTORS

The Board of Directors of Bancolombia S.A. ("Bancolombia") authorized Maria Cristina Arrastia Uribe, Business Vice-President, to proceed with the sale of her interests in the investment fund "Fondo de Acciones SVA", represented by shares of Bancolombia S.A.

The authorization was granted unanimously by the Board of Directors. The sale will be made in accordance with Bancolombia's internal procedures for the sale and purchase of Bancolombia shares by officers, including compliance with the restricted periods when officers may not trade Bank shares. These procedures are available at www.grupobancolombia.com, in the "Corporate Information" section.

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Contacts

Mauricio Rosillo Rojas

Jose Humberto Acosta

Catalina Tobon Rivera

Corporate VP

Financial VP

IR Director

Tel.: (57 601) 4885675

Tel.: (57 601) 4885934

Tel: (57 601) 4485950

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Bancolombia SA published this content on 27 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2023 10:05:23 UTC.