General Resolution SMV No. JD-1-24 of January 24, 2024 Extending the 2024 Deadline for Monthly and Annual Reports Originally Due February 15 and March 31

Promulgated in the Official Gazette No. 29964 on February 5, 2024. 1 REPUBLIC OF PANAMA BOARD OF DIRECTORS SECURITIES MARKET SUPERINTENDENCE General Resolution SMV No. JD-1-24 Of January 24, 2024 “Extending, solely and exclusively for the year 2024, the deadline for submission of monthly and annual reports by entities regulated and supervised by the Securities Market Superintendence, whose original submission dates fall on February 15, 2024 and March 31, 2024” The Board of Directors of the Securities Market Superintendence, in exercise of its legal powers, and CONSIDERING: That Law 67 of September 1, 2011 amended Decree-Law 1 of July 8, 1999 and created the Securities Market Superintendence as an autonomous State entity, with legal personality, its own assets, and administrative, budgetary, and financial independence. That the Board of Directors, in accordance with Articles 5, 6, 10 (items 1, 5, and 20), 19, and 20 of the Consolidated Text of the Securities Market Law (hereinafter: Consolidated Text), acts as the Highest Consultative, Regulatory, and Policy-Setting Body of the Securities Market Superintendence and among its attributes is to adopt, amend, and revoke agreements that develop the provisions of the Securities Market Law, as well as to issue resolutions of general application, which must be published in the Official Gazette and shall take effect from their promulgation, unless the Board of Directors establishes another date. That the Securities Market Superintendence, by virtue of Article 3 of the Consolidated Text, has the general objective of regulating, supervising, and overseeing securities market activities conducted in or from the Republic of Panama, promoting legal certainty for all market participants and guaranteeing transparency, with special protection of investors' rights. That, for the supervision of securities market activities, the Consolidated Text establishes the obligation to report information to the Securities Market Superintendence by its regulated entities, whether licensed or registered; furthermore, it attributes to the Securities Market Superintendence the authority to determine the format and frequency of such reports. That, in this regard and through Agreement No. 13-2022 of December 14, 2022, the forms and reports to be submitted to the Securities Market Superintendence by its regulated entities are listed. That the Securities Market Superintendence, in development of the provisions applicable to financially obligated entities supervised pursuant to Law 23 of April 27, 2015, adopted the “Self-Assessment Questionnaire for the Prevention of Money Laundering, Terrorism Financing, and Financing of the Proliferation of Weapons of Mass Destruction” through Agreement 2-2019 of August 21, 2019, establishing its annual reporting frequency and submission no later than March 31 of each year. That in Executive Decree No. 3 of January 10, 2024, promulgated in the Official Gazette 29946-A on January 10, 2024, the closure of public and municipal offices throughout the national territory was ordered for Monday, February 12, and Wednesday, February 14, 2024, for the entire day, due to the celebration of Carnival. That the Securities Market Superintendence, in accordance with Executive Decree No. 3 of January 10, 2024, communicated the closure of its offices on Monday, February 12, and Wednesday, February 14, 2024, for the entire day, and adopted a special schedule from 7:30 a.m. to 4:30 p.m. from January 15 to 31, 2024, and from February 1 to 5, 2024, to compensate for the hours corresponding to the regular workday. That the Board of Directors of the Securities Market Superintendence has taken into consideration that, for the year 2024, the final days of the deadline for the submission of monthly and annual reports by its regulated and supervised entities coincide with Carnival activities and the commemoration of Holy Week, and therefore has decided to extend their submission deadline. That it is important to keep in mind the provisions of Article 251 of the Consolidated Text, regarding the prohibition of making, or causing to be made, false or misleading statements in a report or any other document submitted to the Superintendence; without prejudice to the fact that this constitutes a very serious offense under Article 269 (item 1, letter e) of the Consolidated Text. Therefore, the Board of Directors of the Securities Market Superintendence, in exercise of its legal powers, RESOLVES: ARTICLE ONE: EXTEND, solely and exclusively for the year 2024, the deadline for the submission of the following monthly and annual reports by entities regulated and supervised by the Securities Market Superintendence, as follows:

1. Until February 20, 2024, for the submission of monthly reports whose original submission date falls on February 15, 2024.
2. Until April 3, 2024, for the submission of annual reports whose original submission date falls on March 31, 2024. The extension established in this item 2 also applies to the submission of the “Self-Assessment Questionnaire for the Prevention of Money Laundering, Terrorism Financing, and Financing of the Proliferation of Weapons of Mass Destruction” by financially obligated entities supervised by the Securities Market Superintendence. ARTICLE TWO: CLARIFY that the provisions of the preceding article of this general resolution do not exempt regulated entities from the duty to immediately inform the Securities Market Superintendence of any material fact or relevant circumstance that affects or may affect the development or continuity of their operations, or the interests or rights of investors, or the requirements established by the Securities Market Law for the conduct of their activities, respectively. ARTICLE THREE: EFFECTIVE DATE. This resolution shall take effect from its promulgation in the Official Gazette. LEGAL BASIS: Articles 3, 5, 6, 10 (item 20), 19, and 20 of the Consolidated Text of Decree-Law 1 of July 8, 1999. NOTIFY, PUBLISH, AND COMPLY, (fdo.) (fdo.) Adriana Carles Luis E. Vásquez Brown President of the Board of Directors Secretary of the Board of Directors. /aatencio. 2 a cargo de sus regulados y supervisados, coinciden con las actividades del Carnaval y con la conmemoración de la Semana Santa, por lo que ha decidido extender su plazo de entrega. Que es importante se tenga presente lo dispuesto en el artículo 251 del Texto Único, referente a la prohibición de hacer, o llevar a que se hagan, declaraciones falsas o engañosas en un informe o en cualquier otro documento presentado a la Superintendencia; sin perjuicio de que esto constituye una infracción muy grave a la luz del artículo 269 (numeral 1, literal e) del Texto Único. Por consiguiente, la Junta Directiva de la Superintendencia del Mercado de Valores, en uso de sus facultades legales, RESUELVE: ARTÍCULO PRIMERO: EXTENDER, única y exclusivamente para este año 2024, el plazo para la entrega de los siguientes informes mensuales y anuales a cargo de los regulados y supervisados por la Superintendencia del Mercado de Valores, así:
3. Hasta el 20 de febrero de 2024, para la entrega de los informes mensuales cuya fecha original de presentación vence el 15 de febrero de 2024.
4. Hasta el 3 de abril de 2024, para la entrega de los informes anuales cuya fecha original de presentación vence el 31 de marzo de 2024. La extensión establecida en este numeral 2 también aplica para la entrega del “Cuestionario de Autoevaluación de Prevención de Blanqueo de Capitales, Financiamiento del Terrorismo y Financiamiento de la Proliferación de Armas de Destrucción Masiva” a cargo de los sujetos obligados financieros supervisados por la Superintendencia del Mercado de Valores. ARTÍCULO SEGUNDO: ACLARAR que lo dispuesto en el artículo anterior de esta resolución general, no exime del deber de los regulados de informar inmediatamente a la Superintendencia del Mercado de Valores cualquier hecho de importancia o circunstancia relevante, que afecte o pueda afectar el desarrollo o la continuidad de sus operaciones o los intereses o derechos de los inversionistas o los requerimientos establecidos por la Ley del Mercado de Valores para el desarrollo de sus actividades, respectivamente. ARTÍCULO TERCERO: VIGENCIA. Esta resolución entrará a regir a partir de su promulgación en la Gaceta Oficial. FUNDAMENTO LEGAL: artículos 3, 5, 6, 10 (numeral 20) 19 y 20 del Texto Único del Decreto Ley 1 de 8 de julio de 1999. COMUNÍQUESE, PUBLÍQUESE Y CÚMPLASE, (fdo.) (fdo.) Adriana Carles Luis E. Vásquez Brown Presidenta de la Junta Directiva Secretario de la Junta Directiva. /aatencio.