Bancolombia S.A. announced the results as of 5:00 p.m.New York City time, on June 14t, 2024 (the "Early Tender Date"), of its previously announced cash tender offer (the "Offer") for specified series of its outstanding debt security (the "Notes") subject to the terms and conditions as described in the offer to purchase dated June 3, 2024 (the "Offer to Purchase"). As of the Early Tender Date, $267,421,000 aggregate principal amount of the 3.000% Senior Notes due 2025 and $283,632,000 aggregate principal amount of the 6.909% Subordinated Notes due 2027 had been validly tendered and not validly withdrawn. The settlement date for the Notes accepted for purchase is expected to occur on June 24th, 2024 (the "Early Settlement Date").

In addition to the applicable total consideration set forth in of the Offer to Purchase, which includes the applicable early tender payment, such holders are also receiving, 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. BofA Securities Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the dealer managers for the Offer. Global Bondholder Services Corporation has been appointed as the information and tender agent for the Offer.