Circular No. 083-2026-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" A v . P a s e o d e l a R e p ú b l ic a 3 6 1 7 S a n I s id r o C e n t r a l : 6 1 0 - 6 3 0 0 www.smv.gob.pe Electronically signed document in the framework of Law No. 27269, Law of Digital Signatures and Certificates, its regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml

San Isidro, March 17, 2026

CIRCULAR NO. 083-2026-SMV/11.1

Gentlemen
Risk Classification Companies
Present.-
Ref.: File No. 2026012035

I address you within the framework of the powers and authorities of the Securities Market Superintendence – SMV, contemplated in articles 71, 132 and 2703 of the Single Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, referred to the supervision of legal entities registered in the Public Registry of the Securities Market – RPMV, among which are the Risk Classification Companies (hereinafter, ECR).

In this regard, it is appropriate to remind you of the following regulatory provisions:

(i) Article 5, numeral 5.1, of the Standards on preparation, presentation and dissemination of Financial Statements, Annual Report and Management Report applicable to entities supervised by the Securities Market Superintendence, approved by SMV Resolution No. 013-2023-SMV/01 (hereinafter, Financial Standards), provides that obligated subjects – among which are ECRs – must present their financial statements, annual report and management report to the SMV; as well as that Article 13 of the aforementioned standards specifies that the audited annual individual or separate financial statements must be approved by the shareholders' general meeting, with the deadline for their respective presentation being March 31 of each year.

(ii) Article 37 of the Financial Information Regulation, approved by Conasev Resolution No. 103-99-EF-94.10, establishes that the preparation and presentation of financial statements is the responsibility of the Board of Directors and/or the management of the ECR, while the auditing firm is responsible for the content of the audit report it issues, which is based on the audit work carried out for its issuance.

1 "Article 7.- Control and Supervision.- The Securities Market Superintendence (SMV) is the public institution responsible for the supervision and control of compliance with this law.
(…)".

2 "Article 13.- Purpose.- (...)
Legal entities registered in the Registry and issuers of securities registered are obligated to present the information that this law and other general provisions establish, being responsible for the veracity of said information.".

3 "Article 270.- Control and Supervision.- It corresponds to the SMV to grant the authorization for organization and operation of the classifiers. The classifiers are registered and are subject to the control and supervision of the aforementioned public body".

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" A v . P a s e o d e l a R e p ú b l ic a 3 6 1 7 S a n I s id r o C e n t r a l : 6 1 0 - 6 3 0 0 www.smv.gob.pe Electronically signed document in the framework of Law No. 27269, Law of Digital Signatures and Certificates, its regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml

(iii) Article 35 of the Regulation on Risk Classification Companies, approved by SMV Resolution No. 032-2015-SMV/01 and its amendments (hereinafter, ECR Regulation), establishes, among others, that: (a) ECRs must present their audited annual individual financial information; (b) ECRs must present the "Income Distribution Table" at the same time as the audited annual individual financial information; and, (c) the deadlines for the presentation of financial information of ECRs are those established in the Financial Standards.

Considering the above, an exhortation is made to your represented entity to apply due diligence and take all necessary measures to ensure compliance with the timely presentation of the information required by the regulations, bearing in mind that the deadline for the presentation of its audited individual annual financial information and the "Income Distribution Table", corresponding to the 2025 economic year, is March 31, 2026.

Finally, it is appropriate to indicate that this circular is of a preventive and referential nature, so it does not require a response; nevertheless, this does not exempt your represented entity from its responsibility to know and observe the securities market regulations.

Sincerely,

Alix Godos
General Superintendent
General Intendancy of Conduct Supervision