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

Corporate Presentation

41.5% 58.5%

Colombian operation Central American operation

49.5% 50.5%

Regional Franchise Breakdown by Geography (7)

Business Overview

Ownership Grupo AvaI 20.0% 8.2% Banco de Bogotá 100.0% 46.9% 33.3% Banco de Occidente 24.2% 4.0% Banco Popular 5.0% Others 8.9% 49.5% Total 100.0% 100.0% 100.0%

Pension Fund Central American Banking Group Main Subsidiaries

(5) (6)

Merchant Bank Associated

Assets

Colombia(1) Central America(2) Assets & Deposits

#2 #2

ATMs Branches Total Distribution Network

#1

Net Income

#1 Assets, Loans and Deposits

Net Income

Banco de Bogotá’s Structure

Net Income

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.

Ownership Grupo AvaI 68.7% Other Companies

• wned by Mr.

Sarmiento Angulo 8.3% Others 23.0% Total 100.0%

USD$187.0 million USD$51.1 billion

✓ 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. ✓ Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá’s market capitalization as of March 31, 2020 was USD $5.8 Bn.

Consolidated Ratios(8) ROAA: 1.6% ROAE: 14.3%

| Costa Rica

3,928(3) 1,505(4)

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 del 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

($2.3 trillion 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).
• International Bond Issuance: US$500 million Subordinated

Notes. 2014 – BAC de Panamá (formerly BBVA Panamá) merges into BAC International Bank. 2015 – Grupo Financiero Reformador merges into Banco de Guatemala. 2016 - The Bank ceded control of Corficolombiana to Grupo Aval.

• Subordinated

bond issuance

• n

international markets

• f

US$600 million, and issuance reopening of US$500 million. 2017 – The Bank ceded control of Casa de Bolsa to Corficolombiana S.A.

• International

Ordinary Bond Issuance (US600 million)

• Launch of Banco de Bogotá’s Digital LAB.

2018

• 2019

– Digital products’ launch: Savings Accounts, Credit Cards, Personal Loans, Payroll Loans and Housing Loans.

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/ 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.

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.

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

President: Alejandro Figueroa Jaramillo President: Miguel Largacha Martínez President: Buenaventura Osorio M. President: Ivan Rodríguez Carrizosa General Manager: Adriana Cuervo Barreto

100.0% 46.91%* 94.99% 94.93% 94.90% 100.0% 100.0% 100.0%

Sucursal Panamá

Miami Agency New York Agency

General Manager: José Alberto Santana

Panamá Nassau

President: Rodolfo Tabash Espinach

38.9%

General Manager: Claudia Patricia Méndez

Aval Soluciones Digitales S.A.

Electronic deposits and payments society (SEDPE), offers 100% digital payment solutions.

Consolidated results confirm Banco de Bogotá’s financial strength

5

Total Assets

(US$ Billions)

Total Net Loans Deposits Total Net Investments

Financial Highlights

Delinquency Ratio 1 Loan Coverage 2 ROAA4 ROAE5 Administrative Efficiency 3 Total Equity Capital Adequacy 6

Main Ratios

Figures under IFRS 1 Delinquency Ratio: Past-due Loans over 30 days / Gross Loans. 2 Loan Coverage: Allowance / Past-due Loans over 30 days. 3 (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 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

Net Income

(US$ Millions)

1Q-2020

Variation 2020 vs 2019

1Q-2019 1Q-2019 1Q-2020

Variation

1Q-2020 1Q-2019

51.1 34.6 29.3% 23.8% 34.9% 39.6 28.0 26.2 5.4 13.9% 4.7 5.5 38.9% 4.0 35.4 187.0

• 3.6%

193.9

4.2% 1.12x 1.9% 15.2% 49.1% 13.0% 3.9% 1.09x 1.6% 14.3% 51.5% 12.3%

6

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 12% 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, 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.

–

Personal.

–

SME.

–

Microfinance.

–

Official.

Countries

11

Clients

23.4

million Employees

45,261

ATMs

3,928

Branches

1,505 (1)

Segments Consolidated Assets

–

Digital products.

–

Omnichannel strategy

–

Mortgage.

–

Banking Insurance.

–

Structured Finance Advisory.

–

Integration with subsidiaries’ portfolios.

Latest Products

US$51.1

billion

Extensive coverage through digital, physical and electronic channels

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.

7

We have relevant presence in the markets where we operate

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 (March, 2020). 4. Source: Central American Superintendencies; estimations made by Banco de Bogotá based on consolidated financial statements. * BC are Banking Correspondents

Market Share in Central America 4 Market Share in Colombia 3

Channel Network in Colombia 1

March, 2020

Branches: 640 ATMs: 1,787 BC*: 9,618

Channel Network in Central America 2

March, 2020

Branches: 739 ATMs: 2,141 BC*: 8,449

Figures as of March, 2020 Figures as of December, 2019

Our Channel Network

15.1% 12.4% 14.5% 30.1% Assets Net Loans Deposits Net Income 9.4% 10.3% 9.7% 13.7% Assets Net Loans Deposits Net Income

Contact Information

www.bancodebogota.com

Julio Rojas Sarmiento - CFO investor.relations@bancodebogota.com.co Diego Rosas – Head of Corporate Development and IR drosas2@bancodebogota.com.co Santiago Toro – IR Manager storo2@bancodebogota.com.co