EAM

EULAV Asset Management’s Grupo Cibest S.A. American Depositary Shares (each representing four (4) Preferred Shares) CIB Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-12,000	Closed	-$690K	–	413
2013 Q3	$690K	Sell	12,000 -18,000	-60%	-$1.04M	0.04%	354
2013 Q2	$1.7M	Buy	+30,000	New	+$1.7M	0.1%	262