Finance Superintendence Office

We inform about the signing of the management contract of mortgage loans with BBVA Colombia, assets to be securitized in the issuance of securities TIPS PESOS N-23.

Titularizadora Colombiana S.A. hereby informs about the resignation of a member of its Board of Directors. See attached report.

Titularizadora Colombiana S.A. communicates the publication of the opening announcement of the Book Building for the mortgage securities TIPS A PESOS N-23. See report attached.

BRC Ratings-S&P Global S.A. SCV discloses the technical document corresponding to the Periodic Review of the Pesos N-20 Tips.

BRC Ratings-S&P Global S.A. SCV discloses the technical document corresponding to the Periodic Review of the Pesos N-13 Tips.

The Technical Committee of BRC Ratings - S&P Global, in a Periodic Review, confirmed the ratings of TIPS A N-13 of AAA, TIPS B-1 N-13 of AA and TIPS B-2 N-13 of A-.

The Technical Committee of BRC Ratings - S&P Global, in a Periodic Review, confirmed the rating of TIPS A-2 N-20 of AAA, TIPS B N-20 of A+ (paid), TIPS Mz N-20 of BBB- and TIPS C N-20 of BB.

BRC Ratings ¿ S&P Global S.A. SCV discloses the technical document corresponding to the Periodic Review of the TIPS UVR U-1.

The Technical Committee of BRC Ratings ¿ S&P Global, in Periodic Review, confirmed the ratings of TIPS B U-1, TIPS Mz U-1 and TIPS C U-1. It also assigned the negative outlook to the Mz series and maintained the negative outlook of the C series.

The Technical Committee of BRC Ratings S&P Global assigned the long-term debt rating to AAA's Tips Pesos A N-23. In addition, it assigned the AA rating to Tips Pesos B-1 N-23. Additionally, it assigned the BBB rating to Tips Pesos B-2 N-23.