The Issuers Recognition-IR granted by the Colombian Securities Exchange is not a certification about the quality of the securities listed at BVC nor the solvency of the issuer.

Corporate Presentation

59.3%

40.7%

Colombian operation Central American operation

51.0% 49.0%

Regional Franchise

Breakdown by Geography (7)

Business Overview

Ownership

Grupo AvaI 20.0% 8.2%

Banco de Bogotá 100.0% 46.9% 33.3%

Banco de Occidente 24.2% 4.0%

Banco Popular 5.0%

Others 8.9% 49.5%

Total 100.0% 100.0% 100.0%

Pension Fund Central American

Banking Group

Main Subsidiaries

(5) (6)

Merchant Bank

Associated

Assets

Colombia(1)

Central America(2)

Net Loans & Deposits

#2

#3

ATMs

3,894(3)

Branches

1,543(4)

Total Distribution Network

#2 Net Income & Assets

#1 Assets, Loans and Deposits

Net Income

Banco de Bogotá’s Structure

Net Income

Sources: Company information. (1) Rankings as of September 30, 2019. Net income figures are non-consolidated. (2) Rankings as of September 30, 2019. Calculated based on data aggregated from

the local bank superintendencies of Costa Rica, El Salvador, Guatemala, Honduras, Panama and Nicaragua. (3) Reflects aggregate number of ATMs of Banco de Bogotá and BAC Credomatic as of

September 30, 2019. (4) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of September 30, 2019. Banco de

Bogotá and BAC Credomatic jointly account for 1,416 branches. (5) Banco de Bogotá owns BAC Credomatic through Leasing Bogotá Panamá. (6) Banco de Bogotá controls Porvenir through

shareholders agreements with Grupo Aval and Banco de Occidente. (7) As of September 30, 2019. Exchange Rate: $3,477.45; Net Income from January to September 2019. (8) Annualized ratios for

the quarter.

Ownership

Grupo AvaI 68.7%

Other Companies

owned by Mr.

Sarmiento Angulo

8.3%

Others 23.0%

Total 100.0%

USD$661.5 million USD$49.8 billion

Founded in 1870, Banco de Bogotá is Colombia’s oldest financial institution and the principal subsidiary of Grupo Aval, the leading financial group in Colombia.

Universal bank with a strong presence in the commercial and consumer lending segments.

Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá’s market capitalization at September, 2019 was USD $7.7 Bn.

Consolidated Ratios(8)

ROAA: 1.7%

ROAE: 12.7%

| Costa Rica

Milestones in Banco de Bogotá’s Evolution

1870 – 1987

1988 - 2003

2004 - 2009

2010 - 2017

1987 – Banco de Bogotá is

acquired by Sarmiento

Organization.

1870 – Banco de Bogotá starts

operations on November 15 as a

financial institution.

1967 - 1980 – Opening of branches and

Subsidiaries abroad (Panama, New

York, Nassau and Miami).

1924-1928 - Merger with

different regional Banks

1988 – 2003 - Development of an attention and differentiated service model. Important investment in technology, consolidating nationwide

coverage and leadership position.

1992 – Acquisition and merger with

Banco del Comercio.

1992 - Establishment of Fidubogotá, Leasing

Porvenir and Porvenir Pension Fund.

2009 - Merger of Grupo Aval’s

stockbrokers: Casa de Bolsa.

2005 - Merger of Corficolombiana and

Corfivalle. 2007 - Merger of Fidubogotá and

Fiducomercio.

2006 - Banco de Bogotá

acquires and merges with

Megabanco, strengthening the

consumer loan segment.

2010 - Acquisition of BAC Credomatic,

Central American financial group,

enhancing our international presence.

-Mandatory Convertible Bonds issuance

($2.3 trillion pesos).

2013 - Acquisition of 100% of BBVA’s ownership in BBVA

Panamá.

- Acquisition of Grupo Financiero Reformador in Guatemala.

- Issuance of Common Shares ($1.3 trillion pesos).

- International Bond Issuance: US$500 million Subordinated

Notes.

2014 – BAC de Panamá (formerly BBVA Panamá) merges into

BAC International Bank.

2015 – Grupo Financiero Reformador merges into Banco de

Guatemala.

2016 - The Bank ceded control of Corficolombiana to Grupo Aval.

- Subordinated bond issuance on international markets of

US$600 million, and issuance reopening of US$500 million.

2017 – The Bank ceded control of Casa de Bolsa to

Corficolombiana S.A.

- International Ordinary Bond Issuance (US600

million)

- Launch of Banco de Bogotá’s Digital LAB.

2018 - 2019 – Digital products’ launch: Savings

Accounts, Credit Cards, Personal Loans, Payroll Loans

and Housing Loans.

Banco de Bogotá has important investments in

subsidiaries in Colombia and abroad

General Manager:

Alfonso García

General Manager:

John Kennedy

General Manager:

José A. Santana

General Manager:

María F. Blanco

President: Rodolfo Tabash Espinach

President: Miguel Largacha Martínez

President: Buenaventura Osorio Martinez

President: Ivan Rodríguez Carrizosa

General Manager: Adriana Cuervo Barreto

100.0%

46.91%*

94.99%

94.93%

94.90%

100.0%

100.0%

100.0%

Universal Bank with a wide portfolio of products and services. Presence all across Colombia. Agencies

in Miami, New York and Panama. 1/

Central American Financial Group with banking and credit card operations in all Central American

countries.

Pension and Severance Fund Manager.

Execution of Contracts on Mercantile Trust and Trust Funds.

General Warehouse, Custom Agent and Integral Logistics Operator.

Technical and administrative services company.

International license to carry out banking business.

Entities authorized to carry out Banking Business and Investment Portfolio Management, focused on

Banco de Bogotá’s corporate and institutional clients with a full range of services.

Panamanian General Licensed entity. Authorized to carry out Banking Business, essentially in the local

market.

Miami Agency New York Agency

1/ For further information on Banco de Bogotá’s products and services, visit www.bancodebogota.com.

(*) Includes direct and indirect ownership. Banco de Bogotá controls Porvenir through shareholders agreements with Grupo Aval and Banco de Occidente.

General Manager: José Alberto Santana

President: Alejandro Figueroa Jaramillo

Consolidated results confirm Banco de Bogotá’s

financial strength

5

Total Assets

(US$ Billions)

Total Net Loans

Deposits

Total Net Investments

Financial Highlights

Delinquency Ratio 1

Loan Coverage 2

ROAA4

ROAE5

Administrative Efficiency 3

Total Equity

Capital Adequacy 6

Main Ratios

Figures under IFRS

1 Delinquency Ratio: Past-due Loans over 30 days / Gross Loans.

2 Loan Coverage: Allowance / Past-due Loans over 30 days.

3 (January – September). Calculated as: Total other expenses / Net interest income from commissions and fees, net trading income, net income from other financial instruments mandatory at

FVTPL and total other income.

4 ROAA for each period is calculated as: annualized Net Income / Average of total assets.

5 ROAE for each period is calculated as: annualized Net Income attributable to shareholders / Average attributable shareholders' equity.

6 Capital Adequacy is calculated under the Financial Superintendency of Colombia methodology.

Note: Consolidated Figures as of September, 2019. Exchange Rate: $3,477.45

Net Income (Jan-Sep)

(US$ Millions)

3Q-2019 Variation

2019 vs 2018 3Q-2018

3Q-2019 3Q-2018

3Q-2018 3Q-2019

49.8

32.8

33.6

16.5%

12.6%

18.1%

42.8

29.1

28.5

6.1 15.2% 5.3

5.4 34.7% 4.0

4.1%

1.1x

2.4%

19.7%

51.1%

13.2%

4.4%

1.1x

1.7%

12.7%

49.7%

13.4%

661.5 7.7% 614.0

Variation

6

Banco de Bogotá operates with clearly defined strategy and

objectives in order to generate value for all stakeholders

Altos niveles de eficiencia en

todos los procesos

Amplia cobertura geográfica

con canales físicos y

electrónicos

High penetration of the

Colombian market, with

market share around 12% in

different metrics.

Specialized service model by

segments, offering a broad

portfolio of products and

services.

International presence in

Central and North America

through BAC, subsidiaries and

agencies abroad.

Important participation in

Corporate Banking, moving

forward in Personal Banking.

Leadership in foreign currency

operations.

Important players in official

banking segment.

Agility in understanding

and meeting customer

needs by responding with

integrated financial

solutions, adjusted to each

segment.

Excellence in

human talent

Positioning as a provider of

comprehensive financial

services

High efficiency levels in all

processes.

Flexibility and technological

agility

– Corporate.

– Large Companies.

– Personal.

– SME.

– Microfinance.

– Official.

Countries

11 Clients

22.5 million Employees

45,412

ATMs

3,894

Branches

1,543 (1)

Segments

Consolidated Assets

– Digital products. – Omnichannel strategy – Mortgage. – Banking Insurance. – Structured Finance Advisory. – Integration with subsidiaries’ portfolios.

Latest Products

US$49.8

billion Extensive coverage

through digital, physical

and electronic channels

Note: Figures as of September 30, 2019. Exchange rate: $ 3,477.45

1) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of September 30, 2019.

Banco de Bogotá and BAC Credomatic jointly account for 1,416 branches.

7

We have relevant presence in the markets where we operate

1. Includes: Traditional Branches, Branch Extensions, Premium Branches, Basic Branches, Clients-only Branches, Corporate and SME Service Centers, Specialized Housing Centers, Payroll

Service Centers and Experience’s Room.

2. Includes: Branches, In-store Branches, On-site Business Tellers and Branches with Drive-through Service.

3. Source: Colombian Financial Superintendence. Net Income for the period (September, 2019).

4. Source: Central American Superintendencies; estimations made by Banco de Bogotá based on consolidated financial statements.

* BC are Banking Correspondents

Market Share in Central America 4 Market Share in Colombia 3

Channel Network in Colombia 1

September, 2019

Branches: 668

ATMs: 1,779

BC*: 9,094

Channel Network in Central America 2 September, 2019

Branches: 748

ATMs: 2,115

BC*: 8,538

Figures as of September, 2019 Figures as of September, 2019

Our Channel Network

14.2% 12.1% 13.3%

23.9%

Assets Net Loans Deposits Net Income

9.2% 10.2%

9.5%

12.6%

Assets Net Loans Deposits Net Income

Contact Information

www.bancodebogota.com

Julio Rojas Sarmiento - CFO investor.relations@bancodebogota.com.co

Diego Rosas – Corporate Development and IR Director

drosas2@bancodebogota.com.co

Faudy González – IR Analyst fgonza1@bancodebogota.com.co