Grupo Aval Acciones y Valores S.A. announced that the Board of Directors has formed the following Support Committees: Audit Committee: Primary members: Esther América Paz Montoya; Fabio Castellanos Ordóñez and Luís Fernando López Roca. Alternate members: Jorge Silva Luján; Andrés Escobar Arango; José Mauricio Salgar Hurtado. Corporate Matters Committee: Esther América Paz Montoya; Fabio Castellanos Ordóñez and Álvaro Velásquez Cock.

Risk Committee: Fabio Castellanos Ordóñez; Jorge Silva Luján and Andrés Escobar Arango. Additionally, the Board of Directors elected Mr. Mauricio Cárdenas Müller as Vice Chairman of said governing body.