Suramericana receives AAA rating confirmation from BRC Ratings – S&P Global

• The rating agency highlighted the company's strong assets, corporate governance, and profitability, reaffirming its ability to maintain market confidence and its presence in Latin America.
• This ratification strengthens the Company's position with investors and reinforces its access to the capital markets as a potential source of strategic financing.

Medellín, July 2025 — BRC Ratings – S&P Global has affirmed the AAA rating, with a stable outlook, for Suramericana SA and its common bond issues amounting to $1 trillion pesos and $260.000 billion in the second market. This is the highest rating the agency has awarded to long-term issuers in Colombia.

This decision supports Suramericana's financial strength and corporate governance practices, maintaining its cash flow generation capacity to meet its obligations. It also highlights the Company's geographic diversification, which reduces its exposure to single-country risks and strengthens its operational and financial resilience in the current regional context.

In 2024, Suramericana achieved net income of COP 756.132 billion (USD 186 million), representing an 11,5% growth. Total equity reached COP 6,12 trillion (USD 1.38 trillion), demonstrating its financial strength. These results reinforce the support provided by independent rating agencies, which offer specialized guidance to both companies and local and international investors.

"This ratification supports our commitment to sound, efficient financial management, aligned with the goal of building trust among our investors and strategic allies," said Juan Camilo Parra, Investment and Treasury Manager at Suramericana.

Beyond the financial results, this rating sends a message of confidence to the capital markets and investors by confirming the long-term sustainability of the business model. It also allows the Company to keep the market open as a strategic and timely source of financing. In contexts of greater economic complexity, it also becomes a competitive advantage that strengthens the organization's credibility among various stakeholders.

“Independent ratings like this one are a key guide for strategic decision-making. They reaffirm Suramericana's position as a company recognized for its financial strength and sustainable business model in the countries where it operates,” said Manuel Esteban Rojas, Suramericana's Vice President of Finance.

Suramericana has maintained this AAA rating since 2016, reflecting a consistent track record of financial discipline, long-term vision, and responsible management in the seven countries where it operates.

About Suramericana:

With eight decades of experience, Suramericana SA is a company specialized in the insurance industry and in the management of trends and risks. It is a subsidiary of Grupo SURA (81.1%) and also has the support of the German reinsurer Munich Re (18.9%) as a shareholder. The Company is a multi-solution, multi-channel, and multi-segment platform with operations in Latin America, where it seeks to deliver sustainable well-being and competitiveness to each of its clients, both individuals and businesses. Learn more at https://suramericana.com/.

PRESS CONTACT

Catalina Acebedo
(+57) 304 3732999
cacebedo@sura.com.co