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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-10,600	Closed	-$520K	–	829
2013 Q4	$520K	Buy	+10,600	New	+$520K	0.05%	469