Grupo Cibest becomes Bancolombia's new holding company; shares exchange 1:1, ADRs under CIB

Grupo Cibest S.A.

Effective May 16, 2025, Grupo Cibest established as holding company for Bancolombia and affiliates; shareholders receive same class and number of shares.
Bancolombia ADRs automatically converted to Grupo Cibest ADRs; NYSE listing begins May 19 under symbol 'CIB'.
Directors and executive officers of Grupo Cibest are same as those of Bancolombia (from Dec 31, 2024 20-F).
Bancolombia remains issuer of outstanding bonds in COP and USD; client terms and channels unchanged.

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