The meetings seek to establish possible conflicts of interest to decide on the offer of the Gilinski Group.

The extraordinary shareholders’ meetings of Sura and Nutresa were called for February 22 and 24 in order to decide on the takeover bids launched by the Gilinski Group.

The dates of the meetings were informed by the Boards of Directors of the companies, to the Financial Superintendence, through Relevant Information.

Nutresa‘s extraordinary meeting will be held on Thursday, February 24 at the El Poblado Business Center of the Medellin Chamber of Commerce for Antioquia, while Sura’s will be two days earlier, on Tuesday, February 22. The meeting place is the Siglo XXI Room of the Executive Country Club in Medellín.

At the meetings, it is planned to submit for consideration the authorization required by some members of the Board of Directors of the companies due to the existence of potential conflicts of interest to deliberate and decide on the takeover bid for shares of Grupo Sura.

It should be remembered that between February 8 and 28, the takeover bids of Grupo Gilinski for Nutresa and Grupo Sura will take place in their second series.

In the case of Nutresa, Gilinski intends to buy between 18.3% and 22.88% of the shares at a price per share of US$10.48. For now, they own 27.69% of the assets of this company.

On the Sura side, it seeks to acquire between 5% and 6.25% of the ordinary shares, paying US$9.88 for each one. At the moment, Gilinski owns 25.25% of the shares in the company.