News • Shareholders Assembly • Shareholders Meeting

Decisions Adopted by the Shareholders' Assembly of Grupo Argos

21 October 2024

In compliance with Grupo Argos’ corporate governance framework, the Shareholders’ Assembly authorized the Board of Directors to deliberate and decide on potential conflicts of interest related to the company’s strategic alternatives regarding its investment in Grupo Sura S.A., as well as on all actions, agreements, and operations necessary for their implementation.

The Board of Directors of Grupo Argos will conduct a comprehensive analysis of the strategic alternatives, considering their strategic, financial, and legal feasibility. This process will take into account, among other elements, studies conducted by external advisors hired by the company. Additionally, the Shareholders’ Assembly authorized the legal representatives to handle potential conflicts of interest by entering into and executing the actions, agreements, and operations required for the preparation and implementation of the strategic alternative defined by the Board of Directors.

With these authorizations concerning potential conflicts of interest, the Board of Directors is now enabled to deliberate and decide. Following their decision, any additional approvals required for the defined strategic alternative will be secured as necessary.