General Intendancy Resolution for Conduct Supervision No. 032-2025-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 1 Electronically signed document within 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 General Intendancy Resolution SMV No. 032-2025-SMV/11.1 Lima, July 18, 2025 The General Intendant of Conduct Supervision Seen:
The File No. 2025025892, as well as the Internal Report No. 986-2025-SMV/11.1, from the General Intendancy of Conduct Supervision of the Adjunct Superintendence of Market Conduct Supervision. Considering:
That, through a written submission presented on June 12, 2025, Banco Falabella Perú S.A. requested the Securities Market Superintendence – SMV, through the Single Window system, the exclusion of the securities denominated "Fourth Issuance of the First Corporate Bond Program Banco Falabella Perú", which were registered and placed under the framework of the "First Corporate Bond Program Banco Falabella Perú", in the Public Registry of the Securities Market and in the Securities Register of the Lima Stock Exchange, by total cancellation of the obligations derived from them; That, it has been verified that, through Directorial Resolution of Issuers No. 080-2010-EF/94.06.3, of October 21, 2010, within the framework of an advance procedure, the "First Corporate Bond Program Banco Falabella Perú" was registered, up to a maximum amount of S/ 250,000,000.00 (Two Hundred Fifty Million and 00/100 Soles) or its equivalent in United States Dollars, and the registration of the respective Master Prospectus was ordered in the Public Registry of the Securities Market; That, within the framework of the aforementioned issuance program, on March 21, 2013, under an automatic approval procedure, the securities denominated "Fourth Issuance of the First Corporate Bond Program Banco Falabella Perú" were registered, up to S/ 100,000,000.00 (One Hundred Million and 00/100 Soles), and the respective Complement to the Master Prospectus was registered in the Public Registry of the Securities Market; subsequently, said securities were registered in the Securities Register of the Lima Stock Exchange; That, from the evaluation of the documentation presented by Banco Falabella Perú S.A., it has been verified the presentation of the documents referred to the total cancellation of the obligations derived from the securities denominated "Fourth Issuance of the First Corporate Bond Program Banco Falabella Perú";

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 2 Electronically signed document within 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 That, Banco Falabella Perú S.A. has presented the information and documentation required by the Unified Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, as well as by the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, approved by SMV Resolution No. 031-2012-SMV/01, for the purposes of the exclusion of the securities denominated "Fourth Issuance of the First Corporate Bond Program Banco Falabella Perú"; That, article 39, letter b), of the Unified Text of the Securities Market Law; as well as articles 20 and 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV, when the extinction of rights over the security operates, by amortization, total redemption or other cause; That, regarding the obligation to carry out a Public Buy Offer for Exclusion – OPC when a security is excluded from the Public Registry of the Securities Market, established in article 41 of the Unified Text of the Securities Market Law and in article 32 of the Regulation on Public Offer of Acquisition and Purchase of Securities by Exclusion, approved by Resolution CONASEV No. 009-2006-EF-94.10 and its modifying norms, it must be noted that the exclusion of the securities denominated "Fourth Issuance of the First Corporate Bond Program Banco Falabella Perú" falls within the exception cause for not carrying out an OPC, contemplated both in article 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, as well as in article 37, letter a), of the Regulation on Public Offer of Acquisition and Purchase of Securities by Exclusion; That, article 7, numeral 6, of the Policy on Dissemination of Normative Projects, General Character Legal Norms, Early Agenda and Other Administrative Acts of the SMV, approved by SMV Resolution No. 014-2014- SMV/01 and its modifying norms, establishes that decisions contained in administrative resolutions that resolve the exclusion of securities from the Public Registry of the Securities Market must be subject to dissemination through the Institutional Website of the SMV on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and, Being in accordance with what is provided by
article 39, letter b), of the Unified Text of the Securities Market Law; articles 19, 20, 21 and 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel; as well as by article 46, numeral 6, of the Regulation on Organization and Functions of the Securities Market Superintendence, approved by Supreme Decree No. 216-2011-EF and its amendments, which empowers the General Intendancy of Conduct Supervision to order the exclusion of securities from the Public Registry of the Securities Market. Resolves:
Article 1°.- Order the exclusion of the securities
denominated "Fourth Issuance of the First Corporate Bond Program

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 3 Electronically signed document within 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 Banco Falabella Perú", corresponding to the "First Corporate Bond Program Banco Falabella Perú", from the Public Registry of the Securities Market.
Article 2°.- Rule in favor of the exclusion of the
securities indicated in the preceding article, from the Securities Register of the Lima Stock Exchange.
Article 3°.- Disseminate this resolution on the Institutional Page of the SMV on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 4°.- Transcribe this resolution to Banco Falabella Perú S.A., in the capacity of Issuer; to Scotiabank Perú S.A.A., in the capacity of Representative of the Obligors; to the Lima Stock Exchange S.A.; and, to CAVALI S.A. I.C.L.V.
Register, communicate and disseminate.
Alix Godos
General Intendant
General Intendancy of Conduct Supervision