Board of Directors

EDUARDO PACHECO CORTÉS Chairman

(Independent member)

Chairman of the Board of Directors

Mr. Pacheco is the former CEO of Mercantil Colpatria S.A., position he held until 2023
He is an economist and holds a bachelor degree from the Universidad de los Andes, with more than 30 years of experience leading companies in the financial sector. Additionally, he holds an MBA from New York University. Prior to Mercantil Colpatria S.A., he led Corporación Popular de Ahorro y Vivienda (CORPAVI), the financial institution and a predecessor to Scotiabank Colpatria S.A., Instituto Nacional de Vivienda de Interés Social y Reforma Urbana (INURBE), formerly a part of the Colombian Ministry of Housing, and was Executive Vice President at Capitalizadora Colpatria (now AXA Colpatria Capitalizadora S.A.), a Colombian insurance company.

ALBERTO MEJÍA HERNÁNDEZ

(Independent member)

Vice Chairman of the Board of Directors

Mr. Mejía has a degree in Engineering from Princeton University and an MBA focused on Finance and Operations Research from Wharton Business School (University of Pennsylvania). He is an entrepreneur who founded and for over 30 years has lead GH Capital Management, a private equity and investment services Company based in New York.

LUCÍA TABORDA

(Independent member)

Lucía has extensive experience in senior management of business units related to agroindustry exports, where she gained more than 30 years of experience. Se has been responsible for the financial modeling, administration, management and optimization of projects and/or business plans, and has knowledge in budgets, financial analysis, and negotiation with suppliers and strategic business partners.

MAURICIO TORO ZULUAGA

(Independent member)

Mauricio Toro is a Lawyer from the Universidad Pontificia Bolivariana, Colombia.

Mr. Toro was a Judge for 3 years, and worked at the law firm Morenos & Cía. for over 28 years, where he advised multiple companies such as Dole, Embraer, and Consorcio Hispano-Alemán.

Constructor Del Metro De Medellín (Colombian metropolitan train company), Enka, Andina De Construcciones, Cúpula (construction), Estruco (construction), Clínica Las Américas, Flor América, Satexco and Caribe Motor among others.

He has extensive experience in commercial, contractual, labor, human resources, and administrative matters, and has been a member of the board of directors of other listed companies.

He has also practiced as an independent lawyer in the fields of commercial, contractual, labor and administrative law.

MARCO IZQUIERDO

(Independent member)

Marco Izquierdo is an Industrial Engineer and holds an MBA, with nearly 30 years of experience in strategic and financial planning, budgeting, risk management and project feasibility analysis.

Mr. Izquierdo currently serves as Vice President and Director of Investments at Corficolombiana, where he is responsible for the investment portfolio in tourism, agribusiness, airport infrastructure, water treatment, textiles and real estate.

Prior to Corficolombiana, he worked as a strategic and financial consultant at the Cali (Colombia) Integrated Mass Transportation System (“MIO”) and was a Fellow and an advisor in strategy and finance for the United States Department of Housing and Urban Development.

JUAN ESTEBAN MEJÍA

(Independent member)

Juan Esteban Mejia is an Administrative Engineer and Chartered Financial Analyst from the CFA Institute. Since May 2022, Juan Esteban has served as Manager of Corporate and Presidential Affairs at Grupo Argos, leading the Investor Relations, Sustainability and Communications teams.

He has supported the strategy of Grupo Argos in the process of combining Argos USA with Summit Materials and has supported the presidency of the board of directors of Grupo Argos and its subsidiaries.

Prior to his current position, Juan Esteban worked at Argos as Manager of Investor Relations and Presidential Affairs and Leader of Strategy and Mergers and Acquisitions.

SOFÍA BIANCHI

(Independent member)

Sofia Bianchi is an international finance professional with 35 years of experience in: i) serving on and advising boards on strategy, value creation, corporate finance, corporate governance, and ESG; ii) financial and operational restructuring of corporations and funds; and iii) fund management: special situations, infrastructure, debt and mezzanine.

She is the Founding Partner of Atlante Capital Partners, which invests in structurally undervalued businesses. Until 2020 she was Head of Special Situations, as well as a Member of the Investment Committee for Debt and Infrastructure, at the CDC (now BII), the United Kingdom’s development finance institution. Previously she was Head of Special Situations at BlueCrest Capital Management, a multi-billion British-American investment firm.

As Deputy Managing Director of the Emerging Africa Infrastructure Fund, she was a lead participant in establishing and running the fund, which was the first of its kind. Prior to that, she was a senior banker at the EBRD and an executive in the M&A team of Prudential Bache.

Sofia currently holds several positions as an independent non-executive director. She serves on the Board of Ma’aden, the largest multi-commodity mining and metals company in the Middle East, where she represents the sovereign wealth fund of Saudi Arabia (PIF). She is also a member of the board of directors of Manara Minerals, Ivanhoe Electric and Yellow Cake. In Canada she is the chair of the board of Canagold Resources, a TSX listed gold development company.

DANIEL HENAO

(Independent member)

Mr. Henao is a seasoned engineer and mining industry leader with proven expertise in driving strategic growth across the entire value chain of the precious metals industry: from the execution of high-impact exploration campaigns to mining, processing and refining. As Partner and Vice President of Business Development at Sun Valley Investments, Mr. Henao has led the evaluation, acquisition, development and operation of multiple precious metals projects generating sustainable growth and value creation of over US $400 million.

Mr. Henao possesses extensive experience in mergers and acquisitions under different cultural and business environments, risk management, project management as well as a strong track record in navigating complex mining regulations, ensuring projects comply with environmental and safety standards while maximizing profitability. He is recognized for his leadership qualities, strong communication and negotiation skills.

Mr. Henao also leads the development and implementation of impactful social programs focused on children’s education and environmental initiatives through Fundación Quintana, promoting sustainable development and community well-being.

MICHAEL DOYLE

(Independent member)

With over 35 years of global experience in mining and exploration, Mr. Doyle has worked for organizations such as Rio Tinto, Inmet, Wardell-Armstrong, and Sun Valley Investments. He is a chartered engineer and geologist and has an M.Eng. and an M.Sc. in Environmental Management from Imperial College London.

Mr. Doyle’s expertise spans exploration, feasibility studies, environmental permitting, groundwater management, construction, and the exploitation at both small-scale and major mining projects. Notably, during his tenure at Rio Tinto, he spearheaded the exploration team that identified the Las Cruces high-grade copper deposit in southern Spain.

Mr. Doyle is a Partner and Vice President of Technical Services at Sun Valley Investments, where he oversees existing mining operations and conducts rigorous technical evaluations of potential investments in mining projects worldwide. He is also an executive director of Canagold Resources, a TSX listed company, focused on advancing western Canada’s highest-grade gold project, located in northwestern British Columbia.

Investors