Grupo Cibest Director Acquires Units via Pension Fund Contribution

Transaction Overview

On September 21, 2026, Luis Fernando Restrepo Echavarria, a Director of Grupo Cibest S.A. (NYSE: CIB), acquired 397.51 units in the Grupo Cibest Equity Securities Fund at a conversion price of approximately $9.64 per unit (COP 30,779.2605 at COP 3,192.92 per $1.00), representing a total transaction value of approximately $3,832.

Nature of Holdings & Mechanism

As detailed in the footnotes:

• The acquired units represent participation in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third party.
• The fund is unitized and holds common and preferred shares of Grupo Cibest alongside cash reserves.
• The reporting person exercises neither voting rights nor investment discretion over the fund's underlying shares.
• Units are credited via voluntary cash contributions and are settled purely in cash upon withdrawal based on the net asset value at that time.

Market Impact & Significance

This transaction carries Low trading significance due to its modest nominal value (~$3.8K) and routine nature as a voluntary pension fund contribution rather than an open-market equity trade reflecting an active directional view on company performance.