Corporate Presentation Business Overview Overview Founded in 1870, - - PowerPoint PPT Presentation

Corporate Presentation

52.7% 47.3% Colombia Operations Central America Operations

Assets Breakdown

49.3% 50.7%

Net Income Breakdown

Business Overview

 Founded in 1870, Banco de Bogotá is Colombia’s oldest financial institution and the principal subsidiary of Grupo Aval, the leading financial group in Colombia  Current shareholding structure: Grupo Aval: 68.7%, Paz Bautista Group 11.9%, Public Float 11.1% and Other Companies owned by Organization Sarmiento Angulo 8.3%.  Leading presence in Colombia and Central America. Second largest bank in Colombia in terms of assets and net income, and largest bank in Central America in terms assets, loans and deposits through BAC Credomatic. (Ranking figures as of June 2018)  Universal bank with a strong presence in the commercial and consumer lending segments  Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá’s market capitalization at June 30 was US$7.7bn

Source: Company information. (1) Rankings as of June 30, 2018. Net Income ranking based on unconsolidated figures. (2) Calculations based on aggregated data from local bank’s superintendencies of Costa Rica, El Salvador, Guatemala, Honduras, Panama and Nicaragua. (3) Reflects aggregate number of Banco de Bogotá and BAC Credomatic ATMs as of June 30, 2018. (4) Reflects aggregate number of branches from Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC Credomatic as of June 30,2018. Banco de Bogotá and BAC Credomatic jointly account for 1,426 branches.

Colombia(1) Central America(1) (2) Assets & Net Income Net Income

2° 2°

Regional Franchise Assets and Net Income Breakdown by Geography

ATMs 3,774(3) Branches 1,549(4)

USD$426.2 Million USD$49.7 Billion

Total Distribution Network

1° Assets, Loans & Deposits Consolidated Ratios: ROAA: 1.6% ROAE: 13.4%

Overview

Milestones in Banco de Bogotá’s Evolution

1870 – 1987 1988 - 2003 2004 - 2009 2010 - 2017

1987 – Banco de Bogotá is acquired by Sarmiento Organization. 1870 – Banco de Bogotá starts

• perations on November 15 as a

financial institution. 1967 - 1980 – Opening of branches and Subsidiaries abroad (Panama, New York, Nassau and Miami). 1924-1928 - Merger with different regional Banks 1988 – 2003 - Development of an attention and differentiated service model. Important investment in technology, consolidating nationwide coverage and leadership position. 1992 – Acquisition and merger with Banco de Comercio. 1992 - Establishment of Fidubogotá, Leasing Porvenir and Porvenir Pension Fund. 2009 - Merger of Grupo Aval’s stockbrokers: Casa de Bolsa. 2005 - Merger of Corficolombiana and Corfivalle. 2007 - Merger of Fidubogotá and Fiducomercio. 2006 - Banco de Bogotá acquires and merges with Megabanco, strengthening the consumer loan segment. 2010 - Acquisition of BAC Credomatic, Central American financial group, enhancing our international presence.

• Mandatory Convertible Bonds issuance

($2,285 billion pesos). 2013 - Acquisition of 100% of BBVA’s ownership in BBVA Panamá.

• Acquisition of Grupo Financiero Reformador in Guatemala.
• Issuance of Common Shares ($1.3 trillion pesos).
• Second

International Bond Issuance: US$500 million Subordinated Notes. 2016 - 2017 – In June 2016, the Bank ceded control of Corficolombiana to Grupo Aval, moreover, in December, the Bank ceded control of Casa de Bolsa to Corficolombiana S.A.

• Third bond issuance on international markets of

US$1,100 million.

• Fourth Subordinated bond issuance on international

markets of US$600 million, and a Fifth Senior Notes issuance of US$500 million.

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Banco de Bogotá has important investments in subsidiaries in Colombia and abroad

General Manager: Alfonso García General Manager: John Kennedy General Manager: José A. Santana General Manager: María F. Blanco

President:: Alejandro Figueroa Jaramillo President:: Rodolfo Tabash Espinach President: Miguel Largacha Martínez President: Buenaventura Osorio Martinez (e) President: Ivan Rodríguez Carrizosa General Manager: Adriana Cuervo Barreto

100.0% 36.51%* 94.99% 94.92%* 94.90% 100.0% 100.0% 100.0%

Universal Bank with a wide portfolio of products and services. Presence all across Colombia. Agencies in Miami, New York and Panama. 1/ Central American Financial Group with banking and credit card operations in all Central American countries. Pension and Severance Fund Manager. Execution of Contracts on Mercantile Trust and Trust Funds. General Warehouse, Custom Agent and Integral Logistics Operator. Technical and administrative services company. International license to carry out banking business. Entities authorized to carry out Banking Business and Investment Portfolio Management, focused on Banco de Bogotá’s corporate and institutional clients with a full range of services. Panamanian General Licensed entity. Authorized to carry out Banking Business, essentially in the local market.

Miami Agency New York Agency

1/ For further information on Banco de Bogotá’s products and services, visit www.bancodebogota.com. (*) Includes direct and indirect ownership. General Manager: José A. Santana

Consolidated Results confirm Banco de Bogotá’s financial strength

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Total Assets

(US$ Billions) 1

Total Net Loans Deposits Total Net Investments

Financial Highlights

Delinquency Ratio 2 Loan Coverage 3 ROAA 5 ROAE 5 Administrative Efficiency 4 Total Equity Capital Adequacy 7

Main Ratios

Figures under Full IFRS 1 Billions refer to thousands of millions. 2 Delinquency Ratio: Past-due Loans over 30 days / Gross Loans. 3 Loan Coverage: Allowance / Past-due Loans over 30 days. 4 Calculated as Personnel plus administrative expenses divided by net interest income plus net trading income, income on sale of investment and held for sale assets and fees and other services income, net (excluding other income). 5 ROAA for each period is calculated as annualized Net Income divided by average of total assets. 6 ROAE for each period is calculated as annualized Net Income attributable to shareholders divided by average attributable shareholders' equity. 7 Solvency Ratio: Technical Capital/ Risk-weighted assets. Note: Consolidated Figures as of June 30, 2018. Exchange Rate 30 June, 2018: $2,930.8

Net Income

(US$ Millions)

2Q-2018

Variation 2Q-2017 vs 2Q-2018

2Q-2017 Jan-Jun18 Jan-Jun17 2Q-2017 2Q-2018

49.7 33.5 33.3

• 0.3%

2.4%

• 0.2%

49.8 32.8 33.4 6.0 0.8% 5.9 4.8 3.5% 4.6

3.5% 0.8x 1.5% 11.9% 48.6% 14.2% 3.8% 1.1x 1.6% 13.4% 50.7% 13.3%

3.1% 3.4% 0.9x 1.1x

Figures Excluding Electricaribe

1.6%

13.4%

426.2 7.1% 397.9

Variation

1.6% 13.0%

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Banco de Bogotá operates with clearly defined strategy and

• bjectives in order to generate value for all stakeholders

Altos niveles de eficiencia en todos los procesos Amplia cobertura geográfica con canales físicos y electrónicos High penetration of the Colombian market, with market share around 14% in different metrics. Specialized service model by segments, offering a broad portfolio of products and services. International presence in Central and North America through BAC and subsidiaries and agencies abroad. Important participation in Corporate Banking, moving forward in Personal Banking. Leadership in foreign currency

• perations.

Important players in official banking segment. Agility in understanding and meeting customer needs by responding with integrated financial solutions, adjusted to each segment. Excellence in human talent Positioning as a provider of comprehensive financial services High efficiency levels in all processes. Flexibility and technological agility

–

Corporate.

–

Large Companies.

–

SME.

–

Microfinance.

–

Official.

–

Personal.

Countries

11

Clients

20.8

million Employees

46,118

ATMs

3,774

Branches

1,549 (1)

Segments Consolidated Assets

–

Mortgage.

–

Banking Insurance.

–

Structured Finance Advisory.

–

Integration with subsidiaries’ portfolios.

Latest Products

US$49.7

billion

Extensive coverage through digital, physical and electronic channels

Note: Figures as of June 30, 2018. Exchange rate June 30, 2018: $2,930.8 1) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of June 30,2018. Banco de Bogotá and BAC Credomatic jointly account for 1,426 branches.

13.9% 12.7% 13.4% 24.9% Assets Net Loans Deposits Net Income 7

We have relevant presence in the markets where we

• perate

1. Includes: Traditional Branches, Branch Extensions, Premium Branches, Basic Branches, Clients-only Branches, Corporate and SME Service Centers, Specialized Housing Centers, Payroll Service Centers and Experience’s Room. 2. Includes: Branches, In-store Branches, On-site Business Tellers and Branches with Drive-through Service. 3. Source: Colombian Financial Superintendence. Net Income for the period (June 2018). 4. Source: Central American Superintendencies; estimations made by Banco de Bogotá based on consolidated financial statements. Figures as of June 2018.

Market Share in Central America 4 Market Share in Colombia 3

Channel Network in Colombia 1

June 2018

Branches: 706 ATMs: 1,740 BC: 9,389

Channel Network in Central America 2

June 2018

Branches: 720 ATMs: 2,034 BC: 7,839

Figures as of June 2018 Figures as of June 2018

Our Channel Network

9.3% 10.1% 9.3% 13.8% Assets Net Loans Deposits Net Income

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Contact Information www.bancodebogota.com

Julio Rojas Sarmiento CFO Investor.relations@bancodebogota.com.co