Corporate Presentation The Issuers Recognition-IR granted by the - PowerPoint PPT Presentation

Corporate Presentation The Issuers Recognition-IR granted by the Colombian Securities Exchange is not a certification about the quality of the securities listed at BVC nor the solvency of the issuer.

Business Overview Banco de Bogotá’s Structure ✓ 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. ✓ Universal bank with a strong presence in the commercial and consumer lending segments. Main Subsidiaries Associated ✓ Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá’s market capitalization as of March 31, 2020 was USD $5.8 Bn. (5) (6) Regional Franchise Ownership Grupo AvaI 20.0% 8.2% Colombia (1) Banco de Bogotá 100.0% 46.9% 33.3% Banco de Occidente 24.2% 4.0% Net Income #1 Banco Popular 5.0% Assets & Deposits #2 Others 8.9% 49.5% Total 100.0% 100.0% 100.0% Central American Pension Fund Merchant Bank Banking Group Breakdown by Geography (7) | Costa Rica Assets Net Income USD$51.1 billion USD$187.0 million Central America (2) #1 Assets, Loans and Deposits #2 Net Income Total Distribution 41.5% Network Ownership 49.5% 50.5% Grupo AvaI 68.7% 58.5% ATMs Other Companies owned by Mr. 8.3% 3,928 (3) Sarmiento Angulo Consolidated Ratios (8) Branches ROAA: 1.6% Others 23.0% ROAE: 14.3% Total 100.0% 1,505 (4) Colombian operation Central American operation Sources: Company information. (1) Rankings as of March 31, 2020. Net income figures are non-consolidated. (2) Rankings as of December 31, 2019. Calculated based on data aggregated from the local bank superintendencies of Costa Rica, El Salvador, Guatemala, Honduras, Panama and Nicaragua. (3) Reflects aggregate number of ATMs of Banco de Bogotá and BAC Credomatic as of March 31, 2020. (4) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of March 31, 2020. Banco de Bogotá and BAC Credomatic jointly account for 1,379 branches. (5) Banco de Bogotá owns BAC Credomatic through Leasing Bogotá Panamá. (6) Banco de Bogotá controls Porvenir through shareholders agreements with Grupo Aval and Banco de Occidente. (7) As of March 31, 2020. Exchange Rate: $4,054.5; Net Income as of March 31, 2020. (8) Annualized ratios.

Milestones in Banco de Bogotá’s Evolution 1870 – 1987 – 1967 - 1980 – Opening of branches and 1924-1928 - Merger with 1987 – Banco de Bogotá is 1870 Banco de Bogotá starts operations on November 15 as a different regional Banks Subsidiaries abroad (Panama, New acquired by Sarmiento financial institution. York, Nassau and Miami). Organization. 1988 - 2003 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 1992 - Establishment of Fidubogotá, Leasing Banco del Comercio. Porvenir and Porvenir Pension Fund. 2004 - 2009 2005 - Merger of Corficolombiana and 2006 - Banco de Bogotá 2009 - Merger of Grupo Aval’s 2007 - Merger of Fidubogotá and Corfivalle. acquires and merges with stockbrokers: Casa de Bolsa. Fiducomercio. Megabanco, strengthening the consumer loan segment. 2010 - 2017 2013 - Acquisition of 100% of BBVA’s ownership in BBVA 2017 – The Bank ceded control of Casa de Bolsa to Panamá. Corficolombiana S.A. - Acquisition of Grupo Financiero Reformador in Guatemala. 2010 - Acquisition of BAC Credomatic, - International Ordinary Bond Issuance (US600 - Issuance of Common Shares ($1.3 trillion pesos). Central American financial group, million) - International Bond Issuance: US$500 million Subordinated Launch of Banco de Bogotá’s Digital LAB. enhancing our international presence. - Notes. – products’ -Mandatory Convertible Bonds issuance 2018 - 2019 Digital launch: Savings 2014 – BAC de Panamá (formerly BBVA Panamá) merges into ($2.3 trillion pesos). Accounts, Credit Cards, Personal Loans, Payroll Loans BAC International Bank. and Housing Loans. 2015 – Grupo Financiero Reformador merges into Banco de Guatemala. 2016 - The Bank ceded control of Corficolombiana to Grupo Aval. - Subordinated bond issuance on international markets of US$600 million, and issuance reopening of US$500 million.

Banco de Bogotá has important investments in subsidiaries in Colombia and abroad Universal Bank with a wide portfolio of products and services. Presence all across Colombia. Agencies in Miami, New York and Panama. 1/ President: Alejandro Figueroa Jaramillo 100.0% Central American Financial Group with banking and credit card operations in all Central American countries. President: Rodolfo Tabash Espinach 46.91%* Pension and Severance Fund Manager. President: Miguel Largacha Martínez 94.99% Execution of Contracts on Mercantile Trust and Trust Funds. President: Buenaventura Osorio M. 94.93% General Warehouse, Custom Agent and Integral Logistics Operator. President: Ivan Rodríguez Carrizosa 94.90% Technical and administrative services company. General Manager: Adriana Cuervo Barreto 100.0% Panamá Nassau International license to carry out banking business. General Manager: General Manger: José A. Santana María F. Blanco 100.0% Entities authorized to carry out Banking Business and Investment Portfolio Management, focused on Miami Agency New York Agency Banco de Bogotá’s corporate and institutional clients with a full range of services. General Manager: General Manager: Alfonso García John Kennedy 100.0% Panamanian General Licensed entity. Authorized to carry out Banking Business, essentially in the local Sucursal Panamá market. General Manager: José Alberto Santana 38.9% Aval Soluciones Digitales S.A. Electronic deposits and payments society (SEDPE), offers 100% digital payment solutions. General Manager: Claudia Patricia Méndez 1/ For further information on Banco de Bogotá’s products and services, visit www.bancodebogota.com. (*) Includes direct and indirect ownership. Banco de Bogotá controls Porvenir through shareholders agreements with Grupo Aval and Banco de Occidente.

Consolidated results confirm Banco de Bogotá’s financial strength Financial Highlights Main Ratios Variation (US$ Billions) 1Q-2019 1Q-2020 1Q-2019 1Q-2020 2020 vs 2019 Total Assets 39.6 51.1 29.3% Delinquency Ratio 1 4.2% 3.9% 28.0 34.6 23.8% Total Net Loans Loan Coverage 2 1.12x 1.09x Total Net Investments 4.0 5.5 38.9% Administrative Efficiency 3 49.1% 51.5% Deposits 26.2 35.4 34.9% ROAA 4 1.9% 1.6% Total Equity 4.7 5.4 13.9% ROAE 5 15.2% 14.3% Capital Adequacy 6 13.0% 12.3% (US$ Millions) 1Q-2019 1Q-2020 Variation 193.9 187.0 -3.6% Net Income Figures under IFRS 1 Delinquency Ratio: Past-due Loans over 30 days / Gross Loans. 2 Loan Coverage: Allowance / Past-due Loans over 30 days. (January – March). Calculated as: Total other expenses / Net interest income from commissions and fees, net trading income, net income from other financial instruments mandatory at 3 FVTPL and total other income. 4 ROAA for each period is calculated as: annualized Net Income / Average of total assets. 5 ROAE for each period is calculated as: annualized Net Income attributable to shareholders / Average attributable shareholders' equity. 6 Capital Adequacy is calculated under the Financial Superintendency of Colombia methodology. Note: Consolidated Figures as of March, 2020. Exchange Rate: $4,054.5 5

Banco de Bogotá operates with clearly defined strategy and objectives in order to generate value for all stakeholders High penetration of the Agility in understanding Colombian market, with and meeting customer market share around 12% in needs by responding with different metrics. integrated financial Countries Specialized service model by solutions, adjusted to each segments, offering a broad 11 segment. portfolio of products and Clients services. 23.4 Excellence in human talent International presence in million Employees Central and North America through BAC, subsidiaries and Positioning as a provider of 45,261 Segments agencies abroad. comprehensive financial – Corporate. ATMs services – Large Companies. Important participation in – 3,928 Personal. Corporate Banking, moving Flexibility and technological – SME. forward in Personal Banking. – agility Branches Microfinance. – Official. 1,505 (1) High efficiency levels in all Altos niveles de eficiencia en Leadership in foreign currency Latest Products processes. Consolidated todos los procesos operations. Assets – Digital products. Amplia cobertura geográfica US$51.1 – Extensive coverage Omnichannel strategy con canales físicos y – billion Important players in official through digital, physical Mortgage. electrónicos – banking segment. Banking Insurance. and electronic channels – Structured Finance Advisory. – Integration with subsidiaries’ portfolios. Note: Figures as of March 31, 2020. Exchange rate: $ 4,054.5 1) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of March 31, 2020. Banco de Bogotá and BAC Credomatic jointly account for 1,379 branches. 6