Grupo Argos (GRUPOARGOS) Corporate presentation summary

Investment profile and strategy

• Investment portfolio spans building materials, energy, transport infrastructure, real estate and urban development; operations extend across 18 countries in the Americas.

• Strategic focus on long-term value creation through infrastructure and building materials, with portfolio rotation, subsidiary-led capital allocation and partnerships.

• Grupo Sura spin-off approved: each shareholder receives 0.23 Grupo Sura shares per share held, preserving share rights and class; proceeds toward a pure-play infrastructure and building materials focus.

• Value-creation approach targets high-growth markets, disciplined operations, value-accretive M&A, resilient cash flows and ESG practices.

Portfolio and value creation

• Portfolio value rose 26% in the 12 months to Dec-2024, from COP 16.7tn (USD 3.9bn) to COP 21.1tn (USD 5.0bn); listed assets at market value and private assets at book value.

• Building-materials EBITDA margin expanded over 600 bps in five years, from 16.4% in 2019 to 22.6% in 2024; airport and toll-road concessions average 18% IRR.

• More than USD 10bn invested across 30+ M&A transactions in 20 years; building-materials assets bought for USD 2.5bn were divested for USD 4.1bn, and the ports-business exit returned 2.5x in five years.

• USD 10bn growth pipeline: USD 5bn in airports and toll roads, USD 2.8bn in building materials and USD 2.2bn in energy.

Financial performance and shareholder returns

• FY2024 consolidated revenue was COP 15.1tn versus COP 15.2tn in 2023; EBITDA rose 28% to COP 5.1tn, net income increased 424% to COP 4.5tn and net income attributable to controlling interests grew 396% to COP 7.6tn.

• Separated cumulative net income reached COP 2.5tn in 2024, up 221% YoY; separated revenue was COP 3.5tn, up 148%, and EBITDA was COP 3.2tn, up 241%.

• Dividend per share reached COP 688 in 2025; dividend CAGR was 10% for 2016–25, with 32m shares repurchased since 2023, equal to 4% of shares outstanding.

• Shareholders are set to receive COP 10.8tn in Grupo Sura shares, equivalent to COP 13,000 per share held.