General Superintendent Resolution for Conduct Supervision No. 068-2025-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 Superintendent Resolution SMV No. 068-2025-SMV/11.1 Lima, December 12, 2025 The General Superintendent for Conduct Supervision Seen:
The file No. 2025053398, as well as the Internal Report No. 1821-2025-SMV/11.1 of the General Superintendent for Conduct Supervision of the Adjunct Superintendence for Market Conduct Supervision. Considering:
That, by means of a written submission presented on December 05, 2025, Banco Falabella Perú S.A. requested the Securities Market Superintendence – SMV, the registration of the Second Master Prospectus corresponding to the "Seventh Program of Negotiable Deposit Certificates of Banco Falabella Perú S.A." in the Public Registry of the Securities Market – RPMV; That, it has been verified that on October 14, 2022, within the framework of an advance procedure and under an automatic approval procedure, the issuance program named "Seventh Program of Negotiable Deposit Certificates of Banco Falabella Perú S.A." was inscribed, up to a maximum amount in circulation of S/ 350,000,000.00 (Three Hundred Million and 00/100 Soles) or its equivalent in United States Dollars, and the corresponding Master Prospectus was registered in the Public Registry of the Securities Market; That, in accordance with what is established in article 63 of the Single Text of the Law of the Securities Market, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, during the validity of the placement of the public offer, the issuer or offeror is obliged to keep the information prospect updated and any modification to the prospectus that is made must be presented to the Securities Market Superintendence – SMV, previously to its delivery to investors; That, in accordance with what is provided by article 14, subsection 14.2.3, of the Regulation of Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141-1998-EF/94.10 and its norms amending and complementary, after three (03) years of the validity of the inscription of the issuance program, the issuer must necessarily present an updated master prospectus that consolidates all the variations made to it, which must be sent to the SMV within the term of thirty (30) calendar days following. Likewise, the cited article provides that the registration of said prospectus shall

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 be carried out under an automatic approval procedure if presented within said term, and under a prior evaluation procedure subject to negative administrative silence if presented outside of it; That, from the information on file in the Public Registry of the Securities Market, it has been verified that Banco Falabella Perú S.A. presented its request to the Securities Market Superintendence outside the term of thirty (30) calendar days following the term of three (03) years of validity of the inscription of the "Seventh Program of Negotiable Deposit Certificates of Banco Falabella Perú S.A.", corresponding to apply the prior evaluation procedure subject to negative administrative silence; That, Banco Falabella Perú S.A. has presented the documentation and information required by the Single Text of the Law of the Securities Market, as well as by the Regulation of Primary Public Offer and Sale of Securities, for the registration procedure of the Second Master Prospectus corresponding to the "Seventh Program of Negotiable Deposit Certificates of Banco Falabella Perú S.A." in the Public Registry of the Securities Market; That, article 7, subsection 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 amending norms, establishes that the decisions contained in administrative resolutions referred to the inscription of securities and the registration of the corresponding information prospectuses for the issuance programs in the Public Registry of the Securities Market, must be subject to dissemination through the SMV Institutional Page on the Unified Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and, Being in accordance with what is provided by articles 58 and following of the Single Text of the Law of the Securities Market; article 14 of the Regulation of Primary Public Offer and Sale of Securities; as well as by article 46, subsection 4, of the Organization and Functions Regulation of the Securities Market Superintendence, approved by Supreme Decree No. 216-2011-EF and its norms amending, which empowers the General Superintendent for Conduct Supervision to resolve all procedures linked to primary public offers and evaluate and/or resolve all procedures linked to said offers. Resolves:
Article 1°.- To order the registration of the Second Master Prospectus
corresponding to the "Seventh Program of Negotiable Deposit Certificates of Banco Falabella Perú S.A." in the Public Registry of the Securities Market, the same which has been presented by Banco Falabella Perú S.A., as established by the
article 14, subsection 14.2.3, of the Regulation of Primary Public Offer and Sale of
Securities.
Article 2°.- The registration referred to in the preceding article
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, in accordance with what is provided by article 21 of the Single Text of the Law of the Securities Market.

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 Likewise, said registration does not imply that the Securities Market Superintendence – SMV recommends investment in the securities or expresses a favorable opinion on the business prospects, being the issuer the responsible for the truthfulness of the information presented to the market, in accordance with what is established by articles 13 and 65 of the Single Text of the Law of the Securities Market.
Article 3°.- To disseminate this Resolution on the
Institutional Page of the Securities Market Superintendence on the Digital Platform Unified of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 4°.- To transcribe this Resolution to Banco
Falabella Perú S.A., in the capacity of issuer; to Scotiabank Perú S.A.A., in the capacity of structuring entity; to the Lima Stock Exchange S.A.; and, to CAVALI S.A. I.C.L.V. Register, communicate and disseminate. Alix Godos General Superintendent General Superintendent for Conduct Supervision