SHAREHOLDER COMPOSITION OF GRUPO AVAL AS OF SEPTEMBER 30, 2015 The company has 22,281,017,159 shares outstanding NAME ADMINEGOCIOS & CIA SCA ACTIUNIDOS S.A. INVERSIONES ESCORIAL S.A. INTRASSETS TRADING S A RENDIFIN S.A AMINVERSIONES S.A. EL ZUQUE S.A. SOCINEG S.A INVERSEGOVIA S.A. INVERPROGRESO S.A. NEGOCIOS Y BIENES S.A.S JARA ALBARRACIN MANUEL GUILLERMO SHARES AND BUSINESS INC. FDO DE PENSIONES OBLIGATORIAS PROTECCION MODERADO VELEZ TRUJILLO INES HELENA FONDO DE PENSIONES OBLIGATORIAS COLFONDOS MODERADO MULTIASSETS INVESTMENTS S A SEGUROS DE VIDA SURAMERICANA S.A. INDUVALORES SAS CASIES S.A.S Otros accionistas con menor participación TYPE OF IDENTIFICATION IDENTIFICATION NIT NIT NIT NIT NIT NIT NIT NIT NIT NIT NIT CC NIT NIT CC NIT NIT NIT NIT NIT 8.301.135.989 8.301.136.013 9.002.571.798 9.001.909.492 8.301.136.038 9.001.040.819 9.001.040.793 9.001.040.801 8.301.136.006 8.301.135.996 8.604.029.174 19.354.408 8.300.343.541 8.002.297.390 43.004.366 8.002.279.406 4.444.440.046 8.909.037.905 9.005.280.722 9.005.754.069 **SUBTOTAL ACCIONES ORDINARIAS** JPMORGAN CHASE BANK NA FBO HOLDERS OF DR(AVAL ADR EL ZUQUE S.A. ACTIUNIDOS S.A. SOCINEG S.A AMINVERSIONES S.A. JARA ALBARRACIN MANUEL GUILLERMO RENDIFIN S.A VELEZ TRUJILLO INES HELENA FONDO BURSATIL ISHARES COLCAP MULTIASSETS INVESTMENTS S A FDO DE PENSIONES PROTECCION - PROTECCION 30 VANGUARD EMERGING MARKERTS STOCK INDEX FUND PATRIMONIO AUTONOMO FC - KOV017 ABU DHABI INVESTMENT AUTHORITY J.P. MORGAN VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY N.A. ADMINEGOCIOS & CIA SCA CANADA PENSION PLAN INVESTMENT BOARD FDO DE PENSIONES OBLIGATORIAS PROTECCION MODERADO INVERSIONES RESTREPO CORREA Y CIA S EN C Otros accionistas con menor participación **SUBTOTAL ACCIONES PREFERENCIALES SIN DERECHO A VOTO** **TOTAL ACCIONES EN CIRCULACIÓN** NUMBER OF SHARES 6.091.913.513 3.028.922.128 1.270.118.990 986.514.816 636.198.157 631.496.256 561.052.547 532.546.743 403.605.252 295.254.441 278.007.490 103.106.496 37.541.216 19.067.773 18.600.000 10.681.032 10.249.964 5.471.456 3.674.125 3.428.432 349.528.678 %OWNED 39,88% 19,83% 8,31% 6,46% 4,16% 4,13% 3,67% 3,49% 2,64% 1,93% 1,82% 0,67% 0,25% 0,12% 0,12% 0,07% 0,07% 0,04% 0,02% 0,02% 2,29% 15.276.979.505 NIT NIT NIT NIT NIT CC NIT CC NIT NIT NIT NIT NIT NIT NIT NIT NIT NIT NIT NIT 9.007.655.009 9.001.040.793 8.301.136.013 9.001.040.801 9.001.040.819 19.354.408 8.301.136.038 43.004.366 9.004.402.831 4.444.440.046 8.001.982.815 9.003.320.031 8.300.539.944 8.300.767.273 9.003.519.541 8.300.252.038 8.301.135.989 9.005.564.701 8.002.297.390 8.909.106.873 1.583.830.960 958.153.905 687.451.726 683.851.342 497.711.356 433.597.792 164.060.421 82.881.914 75.208.608 68.212.418 80.074.030 47.605.478 46.000.000 30.774.627 29.867.422 26.420.428 23.479.727 21.216.600 20.859.261 19.813.200 1.422.966.439 7.004.037.654 22.281.017.159 22,61% 13,68% 9,82% 9,76% 7,11% 6,19% 2,34% 1,18% 1,07% 0,97% 1,14% 0,68% 0,66% 0,44% 0,43% 0,38% 0,34% 0,30% 0,30% 0,28% 20,32%
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