General Superintendent Resolution No. 002-2026-SMV/11.1

PERÚ Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" 1 Electronically signed document within the framework of Law No. 27269, Law on 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. 002-2026-SMV/11.1 Lima, January 22, 2026 The General Superintendent of Conduct Supervision Seen:
File No. 2026002252, as well as Internal Report No. 97-2026-SMV/11.1, from the General Superintendent of Conduct Supervision of the Adjunct Superintendence of Market Conduct Supervision.
Considering:
That, by means of a written submission presented on January 16, 2026, Activo Inmobiliario Peruano S.A.A. requested the Securities Market Superintendence – SMV, within the framework of the regime applicable to the Institutional Investors Market, the registration of the issuance program named "First Corporate Bonds Program of Activo Inmobiliario Peruano S.A.A.", up to a maximum circulation amount of S/ 800,000,000.00 (Eight Hundred Million and 00/100 Soles) or its equivalent in United States Dollars, and the registration of the respective Master Prospectus in the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market – RPMV; That, in the documentation and information presented as support for the request to which this resolution refers, it is indicated that the General Shareholders' Meeting of Activo Inmobiliario Peruano S.A.A. of October 29, 2025, approved the issuance of bonds through the issuance program and its maximum circulation amount; and, granted powers to Cristián Andrés Somarriva Labra, Milagros Cinara Jiménez Olivet, Perla Jimena Caso Polo, Derek Schwietzer Tang, Rodrigo Alberto Sirhan Kettlun, Maria Del Carmen Correa Vergara and Renato Francisco Ramón Cárdenas, so that any two (2) of them, acting jointly and with dual signature, can determine all and each of the terms, conditions and characteristics of the program and of the issuances that are carried out within the framework of the same; as well as the signing of all kinds of documentation before the SMV regarding the program; That, in accordance with what is established by article 6 of the Regulation of the Institutional Investors Market, approved by SMV Resolution No. 021-2013-SMV/01 and its modifying norms, the competence of the SMV in the procedure for the registration of a public offer directed exclusively to institutional investors who are under the regime of the aforementioned regulation, as well as of the respective program and securities, is limited solely to

PERÚ Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" 2 Electronically signed document within the framework of Law No. 27269, Law on 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 the verification of the presentation of the documentation or requirements established in the Regulation of the Institutional Investors Market; without this implying a pronouncement or validation regarding the content of the documentation or a certification on the goodness, the solvency of the issuer, nor on the risks of the security, of the offer or of the program; That, in this sense, from the evaluation carried out on the documentation presented by Activo Inmobiliario Peruano S.A.A., within the framework of its request, it has been verified that this entity has complied with presenting the requirements established in article 8 of the Regulation of the Institutional Investors Market for the offers indicated in article 2, numeral 2.1, of the cited regulation; 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 issuance programs and securities within the framework of an advance procedure, as well as the registration of the informative prospectuses, in the Public Registry of the Securities Market, must be subject to dissemination through the Institutional Page of the SMV on the Digital Unified Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and, Being in accordance with what is established by article 1 of the Law for the Promotion of the Securities Market, Law No. 30050; articles 2, 7, 8 and 10 of the Regulation of the Institutional Investors Market; as well as by article 46, numeral 4, of the Regulation of Organization and Functions of the Securities Market Superintendence, approved by Supreme Decree No. 216-2011-EF, which authorizes the General Superintendent of Conduct Supervision to resolve the requests made by the regulated entities linked to primary public offers and to evaluate and/or resolve any procedure linked to said offers. RESOLVES:
Article 1.- To dispose, within the framework of an advance procedure, the registration of the issuance program named "First Corporate Bonds Program of Activo Inmobiliario Peruano S.A.A.", up to a maximum circulation amount of S/ 800,000,000.00 (Eight Hundred Million and 00/100 Soles) or its equivalent in United States Dollars, and the registration of the corresponding Master Prospectus in the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market – RPMV.
Article 2.- The issuances and/or the offers, by public offer, that are carried out by virtue of the registration referred to in article 1 of this resolution, in accordance with what is established in article 11, numeral 11.2, of the Regulation of the Institutional Investors Market, may be carried out during the six (06) years following the date of registration of the issuance program, a period that has the character of non-extendable and must be directed exclusively to institutional investors, in accordance with what is established by the cited regulation.

PERÚ Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" 3 Electronically signed document within the framework of Law No. 27269, Law on 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 3.- The placement of the securities to be registered within the framework of the "First Corporate Bonds Program of Activo Inmobiliario Peruano S.A.A." may be carried out as long as the term of the program has not expired.
Article 4.- The securities issued within the framework of the Regulation of the Institutional Investors Market, exclusively, may be subject to offer, subscription, acquisition or placement among institutional investors, in accordance with what is established by article 6, numeral 6.10, of the cited regulation.
Article 5.- As long as the issuer maintains securities registered in the Public Registry of the Securities Market – RPMV, under the protection of what is established in the general regime of the securities market, the regime of periodic and eventual information disclosure applicable will be that contained in the Single Ordered Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, and in the regulatory norms that develop the obligations contained in said law, prevailing over the disclosure regime provided for in the Regulation of the Institutional Investors Market, in accordance with what is established by articles 6, numerals 6.6 and 6.8, and 16 of the Regulation of the Institutional Investors Market.
Article 6.- The competence of the Securities Market Superintendence – SMV in the registration procedure referred to in article 1 of this resolution is limited solely to the verification of the presentation of the documentation or requirements established in the Regulation of the Institutional Investors Market, without such verification implying a pronouncement or validation regarding its content, or a certification on the goodness, the solvency of the issuer, nor on the risks of the security or of the offer.
Likewise, it does not correspond to the Securities Market Superintendence – SMV to pronounce on claims or complaints that may arise regarding said registration or regarding the offer of securities derived from it, without prejudice to the civil and/or penal responsibilities that may correspond to those responsible for the elaboration and presentation of the information.
Article 7.- The registration of the issuance program to which this resolution refers has not entailed administrative activities of verification, nor inspection, nor of 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 Superintendence – SMV on its goodness, the solvency of the issuer, nor on the risks of the security or of the offer, in accordance with what is established by articles 21 and 24 of the Single Ordered Text of the Securities Market Law.
Likewise, the registration of the issuance program and the registration of the respective informative prospectus does not imply that the Securities Market Superintendence – SMV recommends investment in the securities or opines favorably on the business prospects.
Article 8.- To disseminate this resolution on the Institutional Page of the SMV on the Digital Unified Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).

PERÚ Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" 4 Electronically signed document within the framework of Law No. 27269, Law on 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 9.- To transcribe this resolution to Activo Inmobiliario Peruano S.A.A., in the capacity of issuer; to Banco de Crédito del Perú, in the capacity of structuring entity, to Credicorp Capital Sociedad Agente de Bolsa S.A. in the capacity of placing agent; to the Lima Stock Exchange S.A.; and, to CAVALI S.A. ICLV.
Register, communicate and disseminate.
Sincerely,
Alix Godos
General Superintendent
General Superintendent of Conduct Supervision