General Superintendent of Conduct Supervision Resolution No. 055-2025-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"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 of SMV Resolution No. 055-2025-SMV/11.1 Lima, October 24, 2025 Acting General Superintendent of Conduct Supervision Seen:
File No. 2025042053, as well as Internal Report No. 1534-2025-SMV/11.1, from the General Superintendent of Conduct Supervision of the Deputy Superintendence of Market Conduct Supervision. Considering:
That, by means of a written request presented on September 25, 2025, Banco BBVA Perú requested the Securities Market Superintendence – SMV, through the Single Window system, the exclusion of the securities denominated "First Subordinated Bond Program of Banco Continental - Second Issuance", which were registered and placed within the framework of the "First Subordinated Bond Program of Banco Continental", from the Public Registry of the Securities Market and from the Securities Registry of the Lima Stock Exchange, due to the total cancellation of the obligations derived from them; That, it has been verified that on March 22, 2007, under an automatic approval procedure, the "First Subordinated Bond Program of Banco Continental" was registered, up to a maximum issuance amount of US$ 50,000,000.00 (Fifty Million and 00/100 United States Dollars) or its equivalent in Soles, and the corresponding Master Prospectus was registered in the Public Registry of the Securities Market, under the framework of the Regulation of Primary Public Offer Directed Exclusively to Accredited Investors, approved by CONASEV Resolution No. 041-2006-EF/94.10; That, on May 9, 2007, under an automatic approval procedure, the securities denominated "First Subordinated Bond Program of Banco Continental - Second Issuance" were registered, up to a maximum issuance amount of US$ 20,000,000.00 (Twenty Million and 00/100 United States Dollars), as well as the registration of the Complement to the Master Prospectus in the Public Registry of the Securities Market, under the framework of the Regulation of Primary Public Offer Directed Exclusively to Accredited Investors; That, Article 11 of SMV Resolution No. 024-2013- SMV/01 provided, among other things, that securities issued under the framework of the Regulation of Primary Public Offer Directed Exclusively to Accredited Investors

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"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 Accredited Investors, approved by CONASEV Resolution No. 041-2006-EF/94.10, will continue to be governed by the provisions established in said resolutions until the validity period of the program's registration expires or until the maturity of the securities, respectively, unless the issuer has adapted to the regime of the Regulation of Primary Public Offer and Sale of Securities or carries out the exclusion of said securities in accordance with what is established in the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel and other complementary norms applicable to each regime; That, from the evaluation of the documentation presented by Banco BBVA Perú, it has been verified the presentation of the documents referred to the total cancellation of the obligations derived from the securities denominated "First Subordinated Bond Program of Banco Continental - Second Issuance"; That, Banco BBVA Perú S.A. has complied with presenting the information and documentation required by the Single Text of the Law of the Securities Market, 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, for the purposes of the exclusion of the securities denominated "First Subordinated Bond Program of Banco Continental - Second Issuance"; That, Article 39, letter b), of the Single Text of the Law of the Securities Market; 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 occurs, 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 Single Text of the Law of the Securities Market and in Article 32 of the Regulation of Public Offer for Acquisition and Purchase of Securities by Exclusion, approved by CONASEV Resolution No. 009-2006-EF/94.10 and its amending norms, it must be noted that the exclusion of the securities denominated "First Subordinated Bond Program of Banco Continental - Second Issuance" 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 of Public Offer for Acquisition and Purchase of Securities by Exclusion; 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 amending 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 SMV Institutional Website on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and,

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"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 Being in accordance with what is provided in Article 39, letter b), of the Single Text of the Law of the Securities Market; Article 11 of SMV Resolution No. 024-2013-SMV/01; 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 Superintendent 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 "First Subordinated Bond Program of Banco Continental - Second Issuance", corresponding to the "First Subordinated Bond Program of Banco Continental", 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 Registry of the Lima Stock Exchange.
Article 3.- 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 4.- Transcribe this resolution to Banco BBVA Perú, as issuer; to Scotiabank Perú S.A.A., as representative of the bondholders; to the Lima Stock Exchange S.A. and to CAVALI S.A. I.C.L.V.
Register, communicate and disseminate.
César Figueroa Benites
Acting General Superintendent
General Superintendent of Conduct Supervision