Circular No. 565-2025: General Regime Issuers - Monthly Position in Financial Derivatives (December 2025)

PERU Ministry of Economy and Finance

SMV
Superintendencia del Mercado de Valores
"Decade of Equal Opportunities for Women and Men" "Year of the recovery and consolidation of the Peruvian economy" Av. Paseo de la Republica 3617 San Isidro Central: 610-6300 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, November 27, 2025

CIRCULAR NO. 565-2025-SMV/11.1

Gentlemen

Issuers of the General Regime

Present.-

Ref.: File No. 2025051676

I address you regarding the obligations that issuers with securities registered in the Public Registry of the Securities Market – RPVM, under the supervision of the Superintendencia del Mercado de Valores – SMV, have, among which is the obligation to disseminate significant events truthfully, sufficiently, and timely, as provided for in Article 27 of the Securities Market Law, Legislative Decree No. 861 and its amendments, and by the Regulation on Significant Events and Reserved Information, approved by SMV Resolution No. 005-2024-SMV/11.1 and its amendments (hereinafter, HI Regulation).

In this regard, within the framework of Articles 3, 4, and 5 of the HI Regulation and considering that your represented entity, upon submission of its individual or separate interim financial statements as of September 30, 2025, declared that it is obligated to present information on its monthly position in financial derivative instruments, it is necessary to remind your represented entity of its obligation to disseminate, as a significant event, the monthly position in financial derivative instruments, according to item 18.11 of Annex 1 and Annex 2 "Monthly position in financial derivative instruments" of the HI Regulation, which provides as follows:

"Annex 2
Monthly position in financial derivative instruments (...)
4. The obligated issuer must submit, within ten (10) business days following the close of each month, a significant event with the following updated detail of its derivative instruments as of the reporting date:

1. Derivative Instrument.
2. Purpose.
3. Notional Amount.
4. Asset / Liability or Variable that the derivative hedges.
5. Currency.

1 "Monthly position in financial derivative instruments. In accordance with what is stated in Annex 2".

PERU Ministry of Economy and Finance

SMV
Superintendencia del Mercado de Valores
"Decade of Equal Opportunities for Women and Men" "Year of the recovery and consolidation of the Peruvian economy" Av. Paseo de la Republica 3617 San Isidro Central: 610-6300 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

6. Fair value of the derivative instrument at the close of the reporting month.
7. Total accumulated gain / loss amount for the year by financial derivative instruments.
8. Other relevant or explanatory information at the Issuer's discretion.
   (...)

In this sense, you are exhorted to, within the framework of the duty of diligence, adopt the necessary measures for the compliance with the aforementioned obligation, which has a deadline of December 16, 2025^2.

Likewise, you are reminded that the significant event must be sent using the "Form for monthly position in Financial Derivative Instruments", for which you must attach the template found in the significant events section of the MVNet system^3.

In case that, as of the date of receipt of this circular, your represented entity has complied with the obligation in question, we would appreciate ignoring the previously indicated instructions.

Finally, it should be noted that this circular does not require a response from your represented entity; as well as that this document has a preventive and referential character, therefore it does not exempt your represented entity from its responsibility to know and observe the securities market regulations and to fully comply with its obligations to present the information applicable to it.

Sincerely,

Alix Godos
General Superintendent
General Superintendent of Conduct Supervision
MPQ/EGLL

^2 However, this deadline is subject to what is established in Article 183, item 5 of the Peruvian Civil Code: "The deadline whose last day is non-working expires on the first following day." ^3 Use the corresponding route in MVNet: Information Obligations >> Significant Events >> 18.1 Monthly position in financial derivative instruments.