Bancolombia S.A. announced that it intends to accept for purchase all of the USD 267,421,000 aggregate principal amount of the 3.000% Senior Notes due 2025 (the ?2025 Notes? and such offer the ?2025 Offer?) and USD 283,632,000 aggregate principal amount of the 6.909% Subordinated Notes due 2027 (the ?2027 Notes? and collectively with the 2025 Notes, the ?Notes?, and such offer the ?2027 Offer?

and together with the 2025 Offer, the ?Offers?) all of the that have been validly tendered and not validly withdrawn for purchase on the early settlement date for the Offers (the ?Early Settlement Date?), which is expected to be June 24, 2024. In addition to the applicable Total Consideration set forth in the Offer to Purchase dated June 3, 2024 (as it may be amended or supplemented from time to time, the ?Offer to Purchase?), which includes the applicable Early Tender Payment, such Holders will also receive, in respect of such Notes, accrued and unpaid interest from the last interest payment date for the Notes to, but not including the Early Settlement Date. Payment for all Notes validly tendered and not validly withdrawn after the Early Tender Date and prior to July 2, 2024 and accepted for purchase by the Bank is expected to be made on July 8, 2024, the third business day following the Expiration Date or as promptly as practicable thereafter (the ?Final Settlement Date?).

However, the Early Settlement Date and the Final Settlement Date may change without notice.