Grupo Aval Reorganizes Fiduciary Subsidiaries

TL;DR

Grupo Aval is consolidating its fiduciary ops into one subsidiary, Aval Fiduciaria S.A.

AI Summary

On September 10, 2025, Grupo Aval Acciones y Valores S.A. announced a corporate reorganization. Its fiduciary subsidiaries, Fiduciaria Bogotá S.A., Fiduciaria de Occidente S.A., and Fiduciaria Popular S.A., will spin off their fiduciary business units. These units will be transferred to Aval Fiduciaria S.A., another subsidiary of Grupo Aval.

Why It Matters

This reorganization aims to consolidate fiduciary operations under a single entity, potentially leading to greater efficiency and a more streamlined business structure for Grupo Aval's fiduciary services.

Risk Assessment

Risk Level: low — The filing describes a routine corporate reorganization and does not indicate any immediate financial distress or significant new risks.

Key Players & Entities

• Grupo Aval Acciones y Valores S.A. (company) — Registrant
• Fiduciaria Bogotá S.A. (company) — Subsidiary undergoing spin-off
• Fiduciaria de Occidente S.A. (company) — Subsidiary undergoing spin-off
• Fiduciaria Popular S.A. (company) — Subsidiary undergoing spin-off
• Aval Fiduciaria S.A. (company) — Subsidiary receiving spun-off units
• September 10, 2025 (date) — Date of notice

FAQ

Key Financial Figures

• $91,766,269,898 b — a. Fiduciaria Bogotá S.A.: COP $91,766,269,898 b. Fiduciaria de Occidente S.A.: COP $50,
• $50,859,704,583 — b. Fiduciaria de Occidente S.A.: COP $50,859,704,583 c. Fiduciaria Popular S.A.: COP $6,07
• $6,073,224,827 — 4,583 c. Fiduciaria Popular S.A.: COP $6,073,224,827 d. Aval Fiduciaria S.A.: COP $62,880,
• $62,880,734,027 — ,224,827 d. Aval Fiduciaria S.A.: COP $62,880,734,027 [*] 8. Accordingly, the share exchang
• $12,926,174,000 — ciaria on August 21, 2025, totaling COP $12,926,174,000”. This translation from the ori

Filing Documents

• dp234225_6k.htm (6-K) — 37KB
• image_001.jpg (GRAPHIC) — 3KB
• image_002.jpg (GRAPHIC) — 7KB
• 0000950103-25-011512.txt ( ) — 53KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report Of Foreign Private Issuer Pursuant To Rule 13a-16 Or 15d-16 Of The Securities Exchange Act Of 1934 For the month of September 2025 Commission File Number: 001-36631 Grupo Aval Acciones y Valores S.A. (Exact name of registrant as specified in its charter) Carrera 13 No. 26A - 47 Bogotá D.C., Colombia (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F GRUPO AVAL ACCIONES Y VALORES S.A. TABLE OF CONTENTS ITEM 1. Notice of relevant information dated September 10, 2025 Item 1 RELEVANT INFORMATION Bogotá, September 10, 2025. Grupo Aval Acciones y Valores S.A. informs that its fiduciary subsidiaries, Fiduciaria Bogotá S.A., Fiduciaria de Occidente S.A., and Fiduciaria Popular S.A., have initiated a corporate reorganization process through which their fiduciary business units will be spun off and transferred to Aval Fiduciaria S.A., also a subsidiary of Grupo Aval. The Notice to Shareholders published in the Colombian local market is set forth below: “NOTICE TO SHAREHOLDERS The legal representatives of the following companies (collectively referred to as the “Spun-off Companies”): (i) Fiduciaria Bogotá S.A., a corporation incorporated and existing under the laws of the Republic of Colombia, identified with NIT 800.142.383-7 and domiciled in Bogotá D.C. (“FiduBogotá”); (ii) Fiduciaria de Occidente S.A., a corporation incorporated and existing under the laws of the Republic of Colombia, identified with NIT 800.143.157-3 and domiciled in Bogotá D.C. (“FiduOccidente”); (iii) Fiduciaria Popular S.A., a corporation incorporated and existing under the laws of the Republic of Colombia, identified with NIT 800.141.235-0 and domiciled in Bogotá D.C. (“FiduPopular”); and (iv) Aval Fiduciaria S.A., a corporation incorporated and existing under the laws of the Republic of Colombia, identified with NIT 800.140.887-8 and domiciled in Cali, Valle del Cauca (“Aval Fiduciaria” or the “Beneficiary Company”, and together with the Spun-off Companies, the “Participating Companies”) in compliance with Articles 67 and 57 of Law 663 of 1993 (the Organic Statute of the Financial System or “EOSF”), hereby inform the shareholders of the Participating Companies of the following: 1. The Participating Companies have filed a prior notice of spin-off with the Financial Superintendence of Colombia (“SFC”) to obtain its authorization or no objection to a partial spin-off of the Spun-off Companies. Under this transaction, the Spun-off Companies, without being dissolved or liquidated, will transfer (in a block) a portion of their current assets, which represents an economic or business unit, to the Beneficiary Company (the “Spin-off”). 2. The economic or business unit consists of the entirety of the fiduciary activities currently carried out by each Spun-off Company, including all fiduciary businesses and products under management, the corresponding assets and liabilities, and the transfer of the contractual positions currently held by the Spun-off Companies in such fiduciary businesses and products. 3. The Spin-off is part of Grupo Aval’s corporate reorganization strategy, which seeks to consolidate the fiduciary operations currently carried out by several subsidiaries under Aval Fiduciaria. The objectives of this reorganization are to: (i) strengthen operational and administrative capacity; (ii) unify fiduciary management policies and processes; (iii) enhance the equity base and competitive position of the Beneficiary Company; and (iv) improve its positioning in the fiduciary market. 4. As a result of the Spin-off, the shareholders of the Spun-off Companies will receive shares in the Beneficiary Company, in accordance with the exchange ratio established by an independent technical study conducted by Mejoracinco S.A.S – Metrix Finanzas (NIT 830.053.289-1), which forms an integral part of the Spin-off Project. 5. The exchange ratio was determined based on the book values of the spun-off assets and Aval Fiduciaria’s equity, using special-purpose financial statements of the Participating Companies as of June 30, 2025, which were duly certified and accompanied by the statutory auditors’ reports, in accordance with applicable law. This methodology is standard for internal corporate reorganizations where the control structure remains unchanged. 6. The valuation of the Participating Companies was based on calculating a target technical equity for Aval Fiduciaria that adequately reflects prudential requirements, including risk-weighted assets (RWA), as well as o

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