Grupo Cibest (CIB) director discloses indirect pension fund equity exposure

Rhea-AI Filing Summary

Grupo Cibest S.A. director Jaramillo Mejia Ricardo filed an initial ownership report showing indirect interests held through institutional voluntary pension arrangements sponsored by the company. The holdings are structured as units in a Grupo Cibest equity securities fund and related common and preferred shares.

The fund is administered by a third-party manager, invests mainly in Grupo Cibest common and preferred shares with some liquid assets and cash, and has no expiration date. According to the disclosure, the director has no voting or investment discretion over the fund’s assets, and any amounts attributable to the reported units are payable only in cash based on the fund’s value at withdrawal.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Jaramillo Mejia Ricardo

(Last) (First) (Middle)

CRA. 48 # 26-85

(Street)

MEDELLIN, COLOMBIA 050001

(City) (State) (Zip)

COLOMBIA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Grupo Cibest S.A. [ CIB ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Units in Grupo Cibest Equity Securities Fund(1)	(1)	(2)	Common Shares and Preferred Shares(1)	6,398.3382	(1)	I	Director Voluntary Pension Fund Units(1)
Common Shares and Preferred Shares(1)	(1)	(2)	Units in Grupo Cibest Equity Securities Fund	21,480.1114	(1)	I	Employee Voluntary Pension Fund Units(1)

Explanation of Responses:

1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by a third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of liquid assets and cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund, and the issuer has determined the strategic asset allocation of the fund. Amounts attributable to the reported units are payable solely in cash upon withdrawal determined by reference to the value of the underlying fund assets on the date of withdrawal.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Ricardo Jaramillo Mejia	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Grupo Cibest (CIB) director Ricardo Jaramillo report in this Form 3?

He reports indirect interests through institutional voluntary pension arrangements linked to Grupo Cibest equity. These positions consist of units in a Grupo Cibest equity securities fund and related common and preferred shares, all held within a pension fund structure rather than as directly controlled shares.

Does the Grupo Cibest (CIB) director control voting or investment decisions for these holdings?

No. The filing states he has no voting or investment discretion over the fund’s assets. A third-party manager administers the pension fund, and Grupo Cibest has determined the strategic asset allocation for the underlying equity securities and cash positions.

How are the reported Grupo Cibest (CIB) pension fund units settled for the director?

Amounts attributable to the reported units are payable solely in cash upon withdrawal. The cash value is determined by reference to the value of the underlying fund assets, including Grupo Cibest common and preferred shares, on the withdrawal date rather than delivering actual shares.

What securities underlie the director’s units in the Grupo Cibest equity fund?

The fund invests primarily in Grupo Cibest common and preferred shares, with a small portion in liquid assets and cash. The reported holdings therefore reflect exposure to the company’s equity through a unitized pension vehicle rather than direct share certificates in his personal brokerage account.

Is there an expiration date on the Grupo Cibest (CIB) pension-related instruments reported?

The disclosure notes that the instrument has no expiration date. This means the director’s indirect exposure via the institutional voluntary pension fund can continue indefinitely, subject to any withdrawals or changes permitted under the fund’s terms and applicable plan rules.

Who manages the Grupo Cibest (CIB) institutional voluntary pension fund holding these units?

The pension fund is administered by a third-party manager rather than by the director. Grupo Cibest has determined the fund’s strategic asset allocation, while day-to-day investment management and execution are carried out within this external administration framework.