Grupo Cibest S.A. Director Disposes Pension Fund Units

Insider Transaction Overview

On October 23, 2026, Silvina Vatnick, a Director of Grupo Cibest S.A. (CIB), engaged in a disposition of 1,429.05 units in the Grupo Cibest Equity Securities Fund at a price of $9.95 per unit, representing a total transaction value of approximately $14,219.05.

Transaction Context & Nature of Holdings

• Fund Mechanism: The reported units represent holdings in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party. The fund invests primarily in Grupo Cibest common and preferred shares alongside nominal cash balances.
• Cash Settlement: Per footnote disclosures, the units were settled exclusively in cash at the fund value on October 23, 2026 (COP 31,708.501 per unit, translated at COP 3,185.01 per USD).
• Post-Transaction Position: Following this transaction, Vatnick retains an indirect ownership of 18,849.76 units in the voluntary pension fund.

Market & Governance Impact

• Significance: Low. The disposition represents a relatively small transaction value (~$14.2k) executed through an institutional pension vehicle rather than an open-market sale of direct shares. The transaction does not signal a change in strategic outlook or material sentiment.