General Superintendent of Conduct Supervision Resolution No. 043-2025-SMV/11.1

PERÚ 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 Superintendent Resolution SMV No. 043-2025-SMV/11.1 Lima, September 11, 2025 The General Superintendent of Conduct Supervision Seen:
The File No. 2025034257, as well as the Internal Report No. 1271-2025-SMV/11.1 of September 11, 2025, from the General Superintendent of Conduct Supervision of the Adjunct Superintendency of Conduct Supervision of Markets. Considering:
That, by means of a written submission presented on July 31, 2025, Agrícola y Ganadera Chavín de Huántar S.A. requested the Securities Market Superintendency – SMV, within the framework of an advance proceeding, the registration of the "Third Chavín Short-Term Instrument Program" up to a maximum amount in circulation of US$ 4,000,000.00 (Four Million and 00/100 United States Dollars) or its equivalent in Soles, and the registration of the Master Prospectus in the section "Of registered securities and/or issuance programs in the Alternative Securities Market" of the Public Registry of the Securities Market; That, on the same date, Agrícola y Ganadera Chavín de Huántar S.A. requested the registration of the securities named "First Issuance of the Third Chavín Short-Term Instrument Program", up to a maximum amount in circulation of US$ 4,000,000.00 (Four Million and 00/100 United States Dollars), as well as the registration of the Complement to the Master Prospectus in the section "Of registered securities and/or issuance programs in the Alternative Securities Market" of the Public Registry of the Securities Market and in the Registry of Securities of the Lima Stock Exchange; That, from the review of the documentation and information presented as support for the request to which this resolution refers, it has been noted that in the General Shareholders' Meeting of Agrícola y Ganadera Chavín de Huántar S.A., held on July 18, 2025, the execution of an issuance program by public offer of short-term instruments through the Alternative Securities Market, named "Third Chavín Short-Term Instrument Program", up to a maximum amount in circulation of US$ 4,000,000.00 (Four Million and 00/100 United States Dollars) or its equivalent in Soles, was approved, as well as the granting of powers to Mr. Mario Alberto Salazar Vergaray and to the

PERÚ 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 Ms. Mónica Patricia Salazar Vergaray, so that either of them, acting individually and with sole signature, can determine all terms, conditions and complementary characteristics of said program and its issuances; That, on September 5, 2025, Agrícola y Ganadera Chavín de Huántar S.A. completed the documentation and information requirements observed by the Securities Market Superintendency – SMV, complying with the requirements established by the Single Consolidated Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF; the Regulations of the Alternative Securities Market – MAV, approved by SMV Resolution No. 025-2012-SMV/01 and its modifying and complementary norms; and, the Manual for Compliance with the Requirements Applicable to Public Offers of Short-Term Instruments in the Alternative Securities Market – MAV, approved by Superintendent Resolution No. 021-2017-SMV/02 and its amendments; That, article 7, numeral 6, of the Policy on Dissemination of Normative Projects, General 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 the decisions contained in administrative resolutions referred to the registration of securities and the registration of the corresponding informative prospectuses for issuance programs, in the framework of an advance proceeding, must be subject to dissemination through the SMV Institutional Website on the Single Digital Platform of the Peruvian State for Citizen Orientation (www.smv.gob.pe/smv); and, Being in accordance with the provisions of articles 58 and following of the Single Consolidated Text of the Securities Market Law; as well as article 46, numerals 4 and 6, of the Regulations on Organization and Functions of the Securities Market Superintendency, approved by Supreme Decree No. 216-2011-EF and its amendments, which empowers the General Superintendent of Conduct Supervision to resolve the requests submitted by the regulated entities related to primary public offers and to evaluate and/or resolve any proceeding linked to such offers, as well as to order the registration of securities in the Public Registry of the Securities Market. Resolves:
Article 1st.- To order the registration, within the framework of an
advance proceeding, of the issuance program named "Third Chavín Short-Term Instrument Program", up to a maximum amount in circulation of US$ 4,000,000.00 (Four Million and 00/100 United States Dollars) or its equivalent in Soles, and the registration of the corresponding Master Prospectus in the section "Of registered securities and/or issuance programs in the Alternative Securities Market" of the Public Registry of the Securities Market.
Article 2nd.- To order the registration of the
securities named "First Issuance of the Third Chavín Short-Term Instrument Program", up to a maximum amount in circulation of US$ 4,000,000.00 (Four Million and 00/100 United States Dollars), as well as the registration of the Complement to the Master Prospectus in the section "Of registered securities and/or issuance programs in the Alternative Securities Market" of the Public Registry of the Securities Market.

PERÚ 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" 3 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
Article 3rd.- To rule in favor of the registration of the
securities indicated in the preceding article in the Registry of Securities of the Lima Stock Exchange, in accordance with what is established in article 19 of the Regulations of the Alternative Securities Market – MAV.
Article 4th.- The information submission obligations to the Securities Market Superintendency – SMV derived from
the registration referred to in articles 1st and 2nd of this resolution, are subject to what is established in the Single Consolidated Text of the Securities Market Law and in articles 24, 25 and 25A of the Regulations of the Alternative Securities Market – MAV.
Article 5th.- The issuances and/or offers that are
made by virtue of the registration referred to in article 1 of this resolution, in accordance with what is established in numeral 5.5 of article 5 of the Regulations of the Alternative Securities Market – MAV, may be carried out during the six (06) years following the date of registration of the program, a term that has the character of irrevocable. After three (03) years of the validity of the registration of the program, the issuer must present an updated master prospectus that consolidates all variations made to it, as well as the update of the remaining documentation and information that is relevant, otherwise it will not be able to make new offers.
Article 6th.- The placement of the securities to which
article 2 of this resolution refers and those that will be registered in
the framework of the "Third Chavín Short-Term Instrument Program" may be carried out within an irrevocable term that will not exceed three (3) years, counted from the date of their registration in the Public Registry of the Securities Market, provided that the terms of the program and the advance proceeding have not ended, and the information and corresponding documentation are duly updated.
Article 7th.- The registration of the issuance program and of the
securities to which articles 1st and 2nd of this resolution refer has not entailed administrative verification activities, nor inspection, nor audit of the information presented, nor an examination of the economic – financial situation of the issuer, and does not imply certification by the Securities Market Superintendency – SMV on its goodness, the solvency of the issuer, nor on the risks of the security or of the offer; the issuer being responsible for the truthfulness of the information presented to the market, in accordance with what is established by articles 13, 21 and 24 of the Single Consolidated Text of the Securities Market Law. Likewise, the registration of the issuance program and of the securities, as well as the registration of the Master Prospectus and of the Complements of the Master Prospectus, does not imply that the Securities Market Superintendency – SMV recommends investment in the securities or expresses a favorable opinion on the prospects of the business. The documents and information for a complementary evaluation are available to interested parties in the Public Registry of the Securities Market.
Article 8th.- To disseminate this resolution on the
SMV Institutional Website on the Single Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).

PERÚ 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" 4 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
Article 9th.- To transcribe this resolution to Agrícola
y Ganadera Chavín de Huántar S.A., in the capacity of issuer; to BNB Valores Perú S.A. Brokerage Company, in the capacity of structuring entity and placement agent; to CAVALI S.A. I.C.L.V.; and, to the Lima Stock Exchange S.A. Register, communicate and disseminate. Alix Godos General Superintendent General Superintendent of Conduct Supervision