RESUME SUMMARY EXECUTIVES - COLOMBIAN SECURITIES EXCHANGE (BVC)

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1 RESUME SUMMARY EXECUTIVES - COLOMBIAN SECURITIES EXCHANGE (BVC) JUAN PABLO CÓRDOBA GARCÉS: CEO Joined the BVC on March 14, 2005 Director at the Fondo de Garantías de Instituciones Financieras (Financial Institution Guarantee Fund, FOGAFIN) (August February 2005). Economist at the International Monetary Fund, Western Hemisphere Department ( ). General Director of Public Credit and Advisor at the Consejo Superior de Política Fiscal (Colombian Fiscal Policy Board, CONFIS) of the Colombian Ministry of Finance and Public Credit ( ). Economist at the Inter-American Development Bank, Fiscal Management Division ( ). Bachelor's degree in Economy from Universidad de los Andes (1988). Master's degree and PhD in Economics from the University of Pennsylvania (1991 and 1996). ALBERTO VELANDIA RODRÍGUEZ: Chief Legal Officer & General Counsel Joined the BVC on July 24, 2006 Chief Liquidator at the Instituto de Fomento Industrial (Industrial Development Institute, IFI) (September 2003 July 2006).

2 Legal and Regulatory Director at the Superintendencia Bancaria de Colombia (Banking Superintendence of Colombia) (September May 2003). Legal Director at BANCOLDEX ( ). Law degree from Universidad Libre de Colombia (1987). Graduate certificate in Financial Law from Universidad de los Andes (1996). MAURICIO MOSSERI ESTRADA: Chief Corporate Officer Joined the BVC on May 02, 2011 Director of Client and Market Intelligence (Frankfurt, Germany, ) and Strategic Sales Director (London, UK and Frankfurt, Germany, ) at General Electric Capital. Business Development and Sales Director (Bogotá, Colombia, ) and Sales Director (Milan, Italy, ) at Ternium. Senior Consultant at KPM Consulting (Bogotá, Colombia). Manager of Consulting and Founding Partner at Procedata International Ltda. (Bogotá, Colombia, ). Bachelor's degree in Industrial Engineering from Universidad de los Andes (1994). MBA with a focus on Finance and Corporate Strategy from IESE Business School (Barcelona, Spain, ). Master's degree in Finance with a focus on Corporate Finance from the London Business School ( ). ANGELA VALDERRAMA GUZMÁN: Chief Marketing & Product Officer Joined the BVC on March 27, 2006

3 Associate Director of Analysis and Risk at the Fondo de Garantías de Instituciones Financieras (Financial Institution Guarantee Fund, FOGAFIN) (November March 2006). Consultant in the Risk Unit at the Fondo de Garantías de Instituciones Financieras (Financial Institution Guarantee Fund, FOGAFIN) (November October 2004). Consultant at ECOPETROL (April October 2004). Consultant at Interconexión Eléctrica SA (2003). Local Manager at the Bogotá Region Department of Finance (November 2000 November 2003). Bachelor's degree in Mathematics from Universidad Nacional de Colombia (1980). MS from the University of Illinois (1990). JAVIER DIAZ FAJARDO: Chief Commercial Officer Joined the BVC on February 01, 2013 Vice President, Investor Relations at Grupo Aval ( ). Managing Director at Andes Capital ( ) Attorney at Inter-American Development Bank ( ). Attorney at Cardenas & Cardenas Abogados ( ). Law degree from Universidad de los Andes in Colombia (1994). Master's degree in International Business from the Fletcher School of Tufts University (1996). CELSO GUEVARA CRUZ: Manager of Operations and Client Services Joined the BVC on November 15, 2005 Accountant at the Fondo de Garantías de Instituciones Financieras (Financial Institution Guarantee Fund, FOGAFIN) (June November 2005).

4 Finance Manager at U.C.N. Sociedad Fiduciaria (January June 1999). Associate Director of Accounting at Orion CFC (November January 1999). Finance and Accounting Director at Corfiestado CF (October November 1997). Operations Manager at Latincorp CF (September September 1996). Accounting degree from Universidad Nacional de Colombia (1989). Graduate certificate in Finance from Universidad Externado de Colombia (1996). MYRIAM ROBAYO CARRILLO: Director of Special Operations Joined the BVC on February 10, 1993 Assistant to the Vice President at Bolsa de Valores de Medellín (February July 2001). Assistant to the President at CODIN S.A. ( ). Bachelor's degree in Systems Engineering from Universidad INCCA de Colombia (1992). Graduate certificate in Finance from Universidad Libre (1995). WILLIAM ARMANDO MEDELLIN MONTENEGRO: Manager of Planning and Finance Joined the BVC on March 17, 2011 Budget Director at Empresa de Licores de Cundinamarca (January September 2002). Planning Director at Colombia Móvil (July August 2006). Finance Director at Procafecol (September April 2007).

5 Control Manager at Colombia Telecomunicaciones S.A. E.S.P (October January 2011). Bachelor's degree in Economics from Universidad de la Salle (1996). Graduate certificate in Financial Management from Universidad de la Salle (1997). Graduate certificate in Business Administration from Universidad del Rosario (1999). Graduate certificate in Finance from Universidad de los Andes (2003). NICOLÁS MAYORGA MORA: Manager of Derivatives Market Joined the BVC on October 6, 2014 Chief Investment Officer, Casa de Bolsa S.A., Grupo Aval. (October March 2014). Portfolio Manager Head, Compañía de Profesionales de Bolsa S.A. (April 2003 August 2007). Bachelor's degree in Economy from Universidad de los Andes (2003). Master's degree in Economics from Universidad de los Andes (2005). Master's degree in Finance and Portfolio Management from ESLSCA Business School, France (2009).

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