General Superintendent Resolution No. 038-2025-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 under 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. 038-2025-SMV/11.1 Lima, August 22, 2025 The General Superintendent of Conduct Supervision Seen:
The file No. 2025036010, as well as the Internal Report No. 1172-2025-SMV/11.1 of August 22, 2025, from the General Superintendent of Conduct Supervision of the Adjunct Superintendence of Conduct Supervision of Markets. Considering:
That, by means of a written submission presented on August 12, 2025, Banco BBVA Perú requested the Securities Market Superintendence – SMV the registration of the securities named "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú – First Issuance", up to a maximum circulation amount of S/ 450,000,000.00 (Four Hundred Fifty Million and 00/100 Soles), and the registration of the Complement to the Base Prospectus corresponding, within the framework of the "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú", in the Public Registry of the Securities Market – RPMV, as well as in the Securities Registry of the Lima Stock Exchange; That, from the review carried out within the framework of the request to which this resolution refers, it has been noted that the Board of Directors of Banco BBVA Perú, in session on September 22, 2021, approved the issuance program denominated "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú", up to a maximum circulation amount of US$ 200,000,000.00 (Two Hundred Million and 00/100 United States Dollars) or its equivalent in Soles; as well as that the Board of Directors of Banco BBVA Perú, in session on May 29 of 2025, in exercise of the powers delegated by the Mandatory Annual non-presidential shareholders' meeting of Banco BBVA Perú of March 27, 2025, approved, among others, the authorization for one or several issuances, as deemed appropriate by the Management, under the "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú", empowering the gentlemen Fernando Eguiluz Lozano, Esther Dafauce Velásquez, Ruth Anabelí Gonzáles Velapatiño, Sandra Elba Bianco Roa, Frank Erick Babarczy Rodríguez, Javier de la Vega Castro, or any other official who has the Type B powers contemplated in the power structure of Banco BBVA Perú, so that, acting two of them jointly or each individually, they can initiate all the procedures and processes required for the fulfillment of such agreement;

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 under 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 That, on April 10, 2023, within the framework of an advance procedure and under an automatic approval procedure, the program of issuance named "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú" was registered, up to a maximum circulation amount of US$ 200,000,000.00 (Two Hundred Million and 00/100 United States Dollars of America) or its equivalent in Soles, and the corresponding Base Prospectus was registered in the Public Registry of the Securities Market – RPMV; That, by means of a written submission presented on August 21, 2025, Banco BBVA Perú concluded with the presentation of the documentation requirements and information for the registration of the "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú – First Issuance", as provided by the Unified 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 of Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141-1998-EF/94.10 and its modifying and complementary norms; That, article 7, numeral 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 modifying norms, establishes that the decisions contained in administrative resolutions referred to the registration of securities and the registration of the informative prospectuses within the framework of 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 the provisions of articles 58 and following of the Unified Text of the Law of the Securities Market; as well as article 46, numerals 4 and 6, of the Regulation of Organization and Functions of the Superintendence of the Securities Market, approved by Supreme Decree No. 216-2011-EF and its amendments, which empowers the General Superintendent of Conduct Supervision to resolve the requests made by the regulated entities linked to the primary public offers and evaluate and/or resolve any procedure linked to such offers, as well as dispose of the registration of securities in the Public Registry of the Securities Market – RPMV. Resolves:
Article 1.- To dispose, within the framework of the "Fourth
Program of Negotiable Deposit Certificates of Banco BBVA Perú", the registration of the securities named "Fourth Program of Negotiable Deposit Certificates of Banco BBVA Perú – First Issuance", up to a maximum circulation amount of S/ 450,000,000.00 (Four Hundred Fifty Million and 00/100 Soles), as well as the registration of the Complement to the Base Prospectus corresponding in the Public Registry of the Securities Market.
Article 2.- To pronounce in favor of the registration of the
securities referred to in the preceding article in the Securities Registry of the Lima Stock Exchange.

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 under 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 public offer of the securities referred to in
article 1 of this resolution must be carried out in accordance with the provisions
of articles 25 and 29 of the Regulation of Primary Public Offer and Sale of Securities. Likewise, it must be complied with to present to the Securities Market Superintendence – SMV the documentation and information referred to in articles 23 and 24 of the aforementioned regulation. The placement of the securities may be carried out within an irreducible term that will not exceed three (3) years, counted from the date of its registration in the Public Registry of the Securities Market, provided that the terms of the program and the advance procedure have not ended, and the information and documentation corresponding are duly updated.
Article 4.- The registration of the securities referred to in
article 1 of this resolution has not entailed administrative activities of
verification, 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 Superintendence – SMV regarding its goodness, the solvency of the issuer, nor regarding the risks of the security or the offer; being the issuer responsible for the veracity of the information presented to the market, in accordance with the provisions of articles 13, 21 and 24 of the Unified Text of the Law of the Securities Market. Likewise, the registration of the securities and the registration of its corresponding Complement to the Base Prospectus do not imply that the Securities Market Superintendence – SMV recommends investment in them or expresses a favorable opinion on the business prospects. The documents and information for a complementary evaluation are available to interested parties in the Public Registry of the Securities Market.
Article 5.- To disseminate this resolution on the
SMV Institutional Page on the Unified Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 6.- To transcribe this resolution to Banco
BBVA Perú, in its capacity as issuer and structuring entity; to BBVA Bolsa Sociedad Agente de Bolsa S.A., in its capacity as placement agent; to Banco Interamericano de Finanzas, in its capacity 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. Alix Godos General Superintendent General Superintendent of Conduct Supervision