First Resolution of the Securities Market Superintendence of June 15, 2026 (R-SIMV-2026-25-FI) Modifying the Authorization of Pioneer II Closed-End Investment Fund

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FIRST RESOLUTION OF THE SECURITIES MARKET SUPERINTENDENCE OF DATE FIFTEEN (15) OF JUNE OF THE YEAR TWO THOUSAND TWENTY-SIX (2026) R-SIMV-2026-25-FI

Subject: Modification of the Sole Resolution of the Securities Market Superintendence of date four (4) of June of the year two thousand twenty (2020), R-SIMV-2020-12-FI; through which the Pioneer II Closed-End Investment Fund for the Development of Companies was authorized, administered by Pioneer Fund Administrator Company, S.A.

Viewed: The Constitution of the Dominican Republic, proclaimed on date twenty-seven (27) of the month of October of the year two thousand twenty-four (2024).

Viewed: Law No. 107-13, of date six (6) of August of the year two thousand thirteen (2013), on the Rights of Persons in their Relations with the Administration and Administrative Procedure.

Viewed: Law No. 249-17, of date nineteen (19) of December of the year two thousand seventeen (2017), of the Securities Market of the Dominican Republic, which repeals and substitutes Law No. 19-00, of eight (8) of May of the year two thousand (2000) (the "Law No. 249-17").

Viewed: The First Resolution of the National Securities Market Council, of date five (5) of November of the year two thousand nineteen (2019), R-CNMV-2019-28-MV, which approves the Regulation of Administrator Companies and Investment Funds, modified by the Second Resolution of the National Securities Market Council, of date sixteen (16) of July of the year two thousand twenty-one (2021), R-CNMV-2021-16-MV (the "Regulation of Administrator Companies and Investment Funds").

Viewed: Circular C-SIMV-2020-01-MV of date eighteen (18) of February of the year two thousand twenty (2020), which approves the Instruction containing the guidelines for the various documents established in the Regulation of Administrator Companies and Investment Funds.

Viewed: The Sole Resolution of the Securities Market Superintendence, of date four (4) of June of the year two thousand twenty (2020), R-SIMV-2020-12-FI; through which the "Pioneer II Closed-End Investment Fund for the Development of Companies" (the "Fund") was authorized, registered in the Securities Market Registry (the "Registry") under No. SIVFIC-051

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administered by Pioneer Fund Administrator Company, S.A., registered under No. SVAF-003 (the "Approval Resolution").

Viewed: Communication No. 01-2026-005222, of date twenty-eight (28) of May of the year two thousand twenty-six (2026), sent by Pioneer Fund Administrator Company, S.A., to the Securities Market Superintendence (the "Superintendence") through which the modification of the Approval Resolution R-SIMV-2020-12-FI is requested.

Seen: Report No. OP-389-26, of date twenty-nine (29) of May of the year two thousand twenty-six (2026), presented by the Issuers, Assets, and Rating Agencies Directorate, through which said area requests the modification of the Approval Resolution.

Considering: That the main part of Article 17 of Law No. 249-17 provides that "the Superintendent is the highest executive authority of the Superintendence, having in charge its direction, control, and representation."

Considering: That in this same order, Article 48 of Law No. 249-17 establishes that "the Superintendence will be the only body authorized to authorize the public offering of securities throughout the territory of the Dominican Republic, prior to the presentation of the requirements established in this law and its regulations."

Considering: That attending to what is provided in numeral 2 of Article 83 of the Regulation of Administrator Companies and Investment Funds, "modifications to the internal regulations, the Summary Information Prospectus, and, in general, to all documents presented to the Superintendence for the authorization and registration of the investment fund in the Registry, which arise subsequent to the Superintendence's approval, shall proceed as follows: 2) In the case of closed-end investment funds: any modification will be submitted to the Superintendence for the purpose of obtaining its non-objection (...)".

Considering: That through the Sole Resolution of the Securities Market Superintendence, of date four (4) of June of the year two thousand twenty (2020), R-SIMV-2020-12-FI, the "Pioneer II Closed-End Investment Fund for the Development of Companies" was authorized, administered by Pioneer Fund Administrator Company, S.A., registered under No. SVAF-003 (the "Approval Resolution").

Considering: That through communication No. 01-2026-005222, of date twenty-eight (28) of May of the year two thousand twenty-six (2026), Pioneer Fund Administrator Company, S.A., requested this Superintendence to modify the Approval Resolution of the Fund.

Considering: That by virtue of the Second Resolution of the Minutes of the Extraordinary General Assembly of Extraordinary Contributors of the Pioneer II Closed-End Investment Fund for the Development of Companies, of date nineteen (19) of May of two thousand twenty-six (2026), the Fund's contributors approved the modification of the Internal Regulations and the Summary Information Prospectus, with the main purpose -among others- to modify the investment objective and the debt policy, according to the detail presented in the referenced minutes.

Considering: That this Superintendence, attending to the best practices recommended by the technical area, considers it necessary to fully substitute the characteristics of the securities contained in the first provision of the Approval Resolution, for the purpose of modifying certain characteristics and eliminating ex officio certain literals, information that is contained in the Fund's Internal Regulations and does not affect the legal validity of the approval resolution or the Fund's complementary documents.

Considering: That this Superintendence, through the Issuers, Assets, and Rating Agencies Directorate, has verified that the request presented by Pioneer Fund Administrator Company, S.A., complies with and is in accordance with the requirements established in Article 83 of the Regulation of Administrator Companies and Investment Funds and in Law No. 249-17.

Considering: That the current legal framework and cited previously, as well as the recommendations of the institution's technical area, and by virtue of the legal attributions, the Superintendent of the Securities Market Superintendence as the highest executive authority, with the faculty to know and decide on the aforementioned request, decides to pronounce on the matter through this administrative act.

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Therefore, the Superintendent of the Securities Market, in the use of the faculties granted to him in numeral 4) of Article 17 of Law No. 249-17, as well as the considerations and technical opinions that support the file, resolves:

First: Fully substitute the characteristics of the securities contained in the first provision of the Sole Resolution of the Securities Market Superintendence, of date four (4) of June of the year two thousand twenty (2020), R-SIMV-2020-12-FI, so that henceforth it shall read as transcribed below:

a. Total amount of the single issuance program: Up to fifteen billion Dominican pesos with zero cents (DOP 15,000,000,000.00).

b. Quantity of participation units: Up to one million five hundred thousand (1,500,000).

c. Nominal value: Ten thousand Dominican pesos with zero cents (DOP 10,000.00).

d. Maturity date: Up to fifteen (15) years from the date of issuance of the fund's participation units.

e. Fund Objective: The investment objective is the generation of income and value in the medium and long term through investment in companies, domiciled in the Dominican Republic and foreign companies registered and domiciled in the Dominican Republic that are duly constituted in their country of origin, and that exhaust the formalities established by the Companies Law, as well as non-profit entities, public and private sector trusts, in any sector of the economy except the financial sector.

f. Investors to whom the Fund is directed: Institutional investors

Second: Inform that all other characteristics of the Fund and the conditions not modified in this Resolution remain unchanged with respect to those established in the Approval Resolution.

Third: Order Pioneer Fund Administrator Company, S.A., to inform the changes to the Fund as a relevant event, in accordance with what is provided in paragraph II of Article

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83 of the Regulation of Administrator Companies and Investment Funds, and to proceed to publish on its website with sufficient relevance.

Fourth: Instruct the Securities Market Registry Department to issue a certified copy of this Resolution and to notify it to Pioneer Fund Administrator Company, S.A., to the Stock and Securities Markets of the Dominican Republic, S.A., and to Cevaldom, S.A.

Fifth: Instruct the Legal Directorate to publish this Resolution on the website of the Securities Market Superintendence, in its corresponding section.

In the city of Santo Domingo de Guzmán, National District, capital of the Dominican Republic, on the fifteen (15) days of the month of June of the year two thousand twenty-six (2026).

Digitally signed by: Ernesto Bournigal Read Superintendent