TIPS Pesos N-14

BRC Ratings - S&P Global S.A. SCV, in a periodic review, confirmed the long-term debt rating of the TIPS A N-14 of AAA. It also upgraded the rating of the TIPS B N-14 to A from A- and upgraded the rating of the TIPS Mz N-14 to BBB from BBB-. Additionally, it assigned a Positive Outlook to the B and Mz series.

TIPS Pesos N-16

BRC Ratings - S&P Global S.A. SCV, in its periodic review, confirmed the AAA long-term debt rating of TIPS A N-16. It also confirmed the A rating of TIPS B N-16, TIPS Mz N-16 and TIPS C N-16, BB+. It assigned a positive outlook to these three series.

TIV V-7

Titularizadora Colombiana S.A. announces the issue amount and cut-off rate of the first batch of non-mortgage securities TIV A V-7 of the securitization process of vehicle loans in Colombian pesos through the issue TIV V-7. See annex.

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