General Intendancy Resolution No. 028-2025-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendency

"Decade of Equality of Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy"

1
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

General Intendancy Resolution SMV
No. 028-2025-SMV/11.1
Lima, June 20, 2025

The General Intendant of Conduct Supervision

Seen:
The File No. 2025025900, as well as the Internal Report No. 804-2025-SMV/11.1, from the General Intendancy of Conduct Supervision of the Adjunct Superintendency of Conduct Supervision of Markets.

Considering:
That, by means of a written submission presented on June 12, 2025, Softys Perú S.A.C. (formerly, Productos Tissue del Perú S.A.C.) requested the Securities Market Superintendency – SMV to exclude the securities denominated "First Issuance of the First Protisa Peru Corporate Bond Program", which were registered and placed under the framework of the "First Protisa Peru Corporate Bond Program", in the section "Of Institutional Investors Market" of the Public Registry of the Securities Market;

That, it has been verified that by General Intendancy Resolution SMV No. 058-2018-SMV/11.1 of July 10, 2018, the registration of the issuance program named "First Protisa Peru Corporate Bond Program" was ordered, up to a maximum outstanding amount of S/ 325,000,000.00 (Three Hundred Twenty-Five Million and 00/100 Soles) or its equivalent in United States Dollars, and the registration of the Master Prospectus in the section of the Institutional Investors Market of the Public Registry of the Securities Market;

That, on July 18, 2018, within the framework of the aforementioned issuance program and under an automatic approval procedure, the securities denominated "First Issuance of the First Protisa Peru Corporate Bond Program" were registered, up to a maximum outstanding amount of S/ 130,000,000.00 (One Hundred Thirty Million and 00/100 Soles), and the respective Complement to the Master Prospectus was registered in the section "Of Institutional Investors Market" of the Public Registry of the Securities Market and in the Register of Securities of the Lima Stock Exchange;

That, it is necessary to indicate that article 6, paragraph 6.1, of the Regulations of the Institutional Investors Market, approved by SMV Resolution No. 021-2013-SMV/01 and its amendments, provides that the competence of the Securities Market Superintendency – SMV, within the framework of the exceptional regime of public offers directed exclusively to institutional investors, is limited solely to the verification of the presentation of the documentation or requirements established in said regulations;

That, upon review of the documentation presented by Softys Perú S.A.C., it has been verified the presentation of the documents referred to the total cancellation of the obligations derived from the securities "First Issuance of the First Protisa Peru Corporate Bond Program", as provided by articles 17 and 18 of the Regulations of the Institutional Investors Market;

That, Softys Perú S.A.C. has complied with presenting the information and documentation required by the Single Consolidated Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, and by the Regulations of the Institutional Investors Market, approved by SMV Resolution No. 021-2013-SMV/01 and its amendments, for the purpose of the exclusion of the securities denominated "First Issuance of the First Program of Protisa Peru Corporate Bonds" from the section "Of Institutional Investors Market" of the Public Registry of the Securities Market;

That, from the information available in the Public Registry of the Securities Market, it has been noted that with the exclusion of the securities "First Issuance of the First Protisa Peru Corporate Bond Program", all securities registered under the framework of the "First Protisa Peru Corporate Bond Program" will be excluded from the Public Registry of the Securities Market; that the validity period of the aforementioned program has expired, making it impossible to carry out new issuances of securities under the same; and that there has been a cessation of public interest; corresponding to the application of the Sixth Complementary Final Provision of the Regulations of the Institutional Investors Market and the last paragraph of article 25 of the Regulations of Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141- 98-EF-94.10, which states that with respect to programs, exclusion operates when the validity period of registration has expired and no value has been placed under the program or when, having been placed, the value or values are excluded from the Public Registry of the Securities Market;

That, article 39, letters a), b) and d), of the Single Consolidated Text of the Securities Market Law, as well as articles 18 and 19 of the Regulations of the Institutional Investors Market, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV, at the issuer's request, when the registration of the securities originated by their own will and when the extinction of rights over the security occurs, by amortization, total redemption or other cause, or when there is cessation of public interest in the security;

That, article 6, paragraph 6.14, of the Regulations of the Institutional Investors Market provides that in no case is the formulation of a public buy offer for exclusion of the security referred to in article 41 of the Single Consolidated Text of the Securities Market Law applicable;

That, article 7, paragraph 6, of the Policy on Dissemination of Regulatory Projects, General Legal Norms, Early Agenda and Other Administrative Acts of the SMV, approved by SMV Resolution No. 014-2014- SMV/01 and its amending norms, establishes that decisions contained in

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendency

"Decade of Equality of Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy"

2
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

administrative resolutions that resolve the exclusion of securities from the Public Registry of the Securities Market must be subject to dissemination through the SMV Institutional Website 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, letters a), b) and d) of the Single Consolidated Text of the Securities Market Law; articles 17, 18 and 19 of the Regulations of the Institutional Investors Market; the Sixth Complementary Final Provision of the Regulations of the Institutional Investors Market; article 25 of the Regulations of Primary Public Offer and Sale of Securities; as well as by article 46, paragraph 6, of the Regulations of Organization and Functions of the Securities Market Superintendency, 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 Securities Market Registry.

Resolves:
Article 1st.- Order the exclusion of the securities
denominated "First Issuance of the First Protisa Peru Corporate Bond Program", corresponding to the "First Protisa Peru Corporate Bond Program", from the section "Of Institutional Investors Market" of the Public Registry of the Securities Market.

Article 2nd.- Rule in favor of the exclusion of the
securities indicated in the preceding article, from the Register of Securities of the Lima Stock Exchange.

Article 3rd.- Order the ex officio exclusion of the "First
Protisa Peru Corporate Bond Program" from the section "Of Institutional Investors Market" of the Public Registry of the Securities Market.

Article 4th.- Disseminate this resolution on the SMV Institutional
Website on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).

Article 5th.- Transcribe this resolution to Softys
Perú S.A.C., in its capacity as issuer; 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