BANCOLOMBIA S.A. ANNOUNCES APPOINTMENT OF MEMBERS OF THE BOARD OF

DIRECTORS

Medellin, Colombia, March 19, 2021

The General Shareholders Meeting of Bancolombia S.A. ("Bancolombia"), held today, appointed the following candidates as members of the Board of Directors of Bancolombia for the period April 2021 - March 2023:

Non-independent members: Gonzalo Alberto Perez Rojas Juan David Escobar Franco

Independent members:

Luis Fernando Restrepo Echavarria Andres Felipe Mejia Cardona Sylvia Escovar Gómez Arturo Condo Tamayo Silvina Vatnick

As a result of these appointments, 71% of the members of the Board of Directors will continue to be independent members, 28% of the seats will be held by women and 28% of the seats will be held by foreign nationals.

Information about the Directors and their professional experience can be found at the following link:https://www.grupobancolombia.com/wps/portal/acerca-de

Contacts

Mauricio Rosillo Rojas

Jose Humberto Acosta

Carlos Raad Baene

Corporate VP

Financial VP

IR Director

Tel: (571) 4885675

Tel.: (571) 4885934

Tel.: (571) 4885371

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Disclaimer

Bancolombia SA published this content on 19 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2021 22:16:07 UTC.