Banco Santander Disbursement

Odinsa S.A. informs that a loan granted by Banco Santander S.A. (Spain) was disbursed today, for a value of one hundred seventeen thousand four hundred and eighty million pesos (COP 117.480.000.000) and with a term of one (1) year.
This bank credit operation was previously authorized by the Board of Directors as part of the 2020 credit quotas. These resources fund the Company’s cash needs for the rest of the year and will be used as working capital, in addition to serving various treasury needs.