PERU Ministry of Economy and Finance
SMV
Superintendency of the Market in Securities

"Decade of Equal Opportunities for Women and Men" "Year of the Bicentennial of Peru: 200 years of independence" "Peru suyunchikpa Iskay Pachak Watan: iskay pachak watañam qispisqanmanta karun"

General Intendancy Resolution for Supervision of Entities

No. 085-2021-SMV/10.2

Lima, 27 August 2021

The General Intendant for Supervision of Entities

WHEREAS:

File No. 2021027290 submitted by Sociedad Agente de Bolsa Sura S.A. and report No. 871-2021-SMV/10.2 of 26 August 2021;

CONSIDERING:

That, by Superintendency Resolution No. 121-2015-SMV/02 of 30 November 2015, the operation of Sociedad Agente de Bolsa Sura S.A. was authorized to act as a stock brokerage firm;

That, article 181 of the Securities Market Law and its amendments establishes that any amendment to the bylaws made by brokerage agents for the purpose of their merger, division or spin-off, as well as the reduction of their share capital, must have the prior approval of the Superintendency of the Securities Market;

That, article 38 of the Regulation of Brokerage Agents, approved by SMV Resolution No. 034-2015-SMV/01, sets out the documents that brokerage agents must submit for the approval of share capital reduction agreements and the consequent amendment of the bylaws;

That, on 15 July 2021, Sociedad Agente de Bolsa Sura S.A. requested approval of the reduction of share capital and the consequent amendment of article fifth of its bylaws;

That, the Universal Shareholders' Meeting held on 22 March 2021 resolved, among others: (i) to reduce the company's share capital by the sum of S/ 12 000 000,00 (Twelve million and 00/100 soles), under the modality of restoring the balance between share capital and net equity diminished as a result of losses, in accordance with the provisions of article 216, paragraph 4 of the General Corporations Law, without any return to shareholders; reducing it from S/ 33 250 600,00 (Thirty-three million two hundred fifty thousand six hundred with 00/100 soles) to S/ 21 250 600,00 (Twenty-one million two hundred

PERU Ministry of Economy and Finance
SMV
Superintendency of the Market in Securities

"Decade of Equal Opportunities for Women and Men" "Year of the Bicentennial of Peru: 200 years of independence" "Peru suyunchikpa Iskay Pachak Watan: iskay pachak watañam qispisqanmanta karun"

fifty thousand six hundred and 00/100 soles); and, (ii) to amend article fifth of the bylaws;

That, after evaluating the information submitted, it has been determined that Sociedad Agente de Bolsa Sura S.A. has complied with the provisions of article 38 of the Regulation of Brokerage Agents; and,

In accordance with the provisions of article 38, numeral 5, subparagraph ii, of the Regulation of Organization and Functions of the Superintendency of the Securities Market, approved by Supreme Decree No. 216-2011-EF, which empowers the General Intendancy for Supervision of Entities to authorize the amendment of bylaws of the entities under its supervision;

RESOLVES:

Article 1.- To authorize the reduction of share capital of Sociedad Agente de Bolsa Sura S.A. and the consequent amendment of the bylaws in the terms set forth in the agreements adopted by the Universal Shareholders' Meeting held on 22 March 2021.

Article 2.- To order the dissemination of this resolution on the Securities Market Portal of the Superintendency of the Securities Market (www.smv.gob.pe).

Article 3.- To transcribe this resolution to Sociedad Agente de Bolsa Sura S.A.

Register, communicate and publish.

Armando Manco Manco
General Intendant
General Intendancy for Supervision of Entities