General Superintendent Resolution No. 058-2026-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 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. 058-2026-SMV/11.1 Lima, October 06, 2026 Acting General Superintendent of Conduct Supervision Seen:
The file No. 2026040438, as well as the Internal Report No. 1590-2026-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 September 07, 2026, Protecta S.A. Compañía de Seguros y Reaseguros requested the Securities Market Superintendence – SMV, within the framework of an advance proceeding, the registration of the issuance program named "Second Program of Subordinated Bonds of Protecta S.A. Compañía de Seguros y Reaseguros", up to a maximum issuance amount of US$ 60,000,000.00 (Sixty Million and 00/100 United States Dollars) or its equivalent in Soles, and the registration of the respective Master Prospectus in the Public Registry of the Securities Market – RPMV; That, from the review carried out within the framework of the request to which this resolution refers, it has been noted that in the General Shareholders' Meeting of Protecta S.A. Compañía de Seguros y Reaseguros, held on December 16 2025, it was agreed, unanimously, to approve the issuance program named "Second Program of Subordinated Bonds of Protecta S.A. Compañía de Seguros y Reaseguros", up to an amount of US$ 60,000,000.00 (Sixty Million and 00/100 United States Dollars) or its equivalent in Soles; and, the granting of powers to the Board of Directors of Protecta S.A. Compañía de Seguros y Reaseguros to decide, determine, complete and/or modify, if necessary, all terms, conditions and characteristics of the aforementioned program, including its issuances and/or series; as well as for the Board to delegate to certain persons all and each of these powers; That, taking into account the agreement mentioned in the preceding consideration, in the Board of Directors Session of Protecta S.A. Compañía de Seguros y Reaseguros, held on December 16, 2025, it was agreed, by unanimity, to designate as representatives the gentlemen Mario Ventura Verme, Ricardo Jose Maldonado Camino and Juan Luis Valdiviezo Trelles, so that any of them,

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 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 acting individually and indistinctly, may decide, determine, complete and/or modify, if necessary, all terms, conditions and characteristics of the "Second Program of Subordinated Bonds of Protecta S.A. Compañía de Seguros y Reaseguros", including its issuances and/or series; That, the Superintendence of Banks, Insurance and Private Pension Fund Administrators – SBS, by means of SBS Resolution No. 01109-2026 of April 13, 2026, resolved to give a favorable opinion so that Protecta S.A. Compañía de Seguros y Reaseguros may carry out the "Second Program of Subordinated Bonds of Protecta S.A. Compañía de Seguros y Reaseguros", up to the sum of US$ 60,000,000.00 (Sixty Million and 00/100 United States Dollars) or its equivalent in Soles; That, by means of writings dated September 28 and October 05 of 2026, Protecta S.A. Compañía de Seguros y Reaseguros has completed the documentation and information requirements required by the Single Consolidated Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF; as well as by the Regulation of Primary Public Offering 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 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 proceeding, as well as the registration of the information prospectuses, in the Public Registry of the Securities Market, must be subject to dissemination through the Institutional Website of the SMV on the Digital Platform Unique of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and, Being in accordance with what is established by articles 58 and following of the Single Consolidated Text of the Securities Market Law; 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 and its amendments, which empowers the General Superintendent of Conduct Supervision to resolve the requests made by the regulated entities related to the primary public offerings and evaluate and/or resolve any proceeding linked to such offerings. Resolves:
Article 1st.- To dispose, within the framework of an advance
proceeding, the registration of the issuance program named the "Second Program of Subordinated Bonds of Protecta S.A. Compañía de Seguros y Reaseguros", up to a maximum issuance amount of US$ 60,000,000.00 (Sixty Million and 00/100 United States Dollars) or its equivalent in Soles, as well as the registration of the corresponding Master Prospectus in the Public Registry of the Securities Market.
Article 2nd.- The registration of the securities and the registration of
the Complements of the Master Prospectus that are carried out within the framework of the program of issuance referred to in article 1 of this resolution, shall be subject to what is established by article 14, numeral 14.3., clause 14.3.2., of the Regulation of Primary Public Offering and Sale of Securities, which establishes that the registration of the security corresponding to an issuance and the registration of the complement of the master prospectus, is carried out within a maximum period of five (5) business days, under a prior evaluation procedure subject to negative administrative silence, which is not subject to renewal.
Article 3rd.- The issuances and/or offerings that are
carried out, by public offering, within the framework of the program referred to in article 1 of this resolution, in accordance with what is established in article 14, numeral 14.2., clause 14.2.3., of the Regulation of Primary Public Offering and Sale of Securities Mobiliarios, 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. After three (03) years of the validity of the registration of the program, the issuer must present an updated master prospectus that consolidates all the variations made to it as of the date of its presentation, as well as the update of the remaining documentation and information that is relevant; otherwise, it cannot make new offerings until it complies with said procedure.
Article 4th.- The placement of the securities that is carried out
within the framework of the "Second Program of Subordinated Bonds of Protecta S.A. Compañía de Seguros y Reaseguros", may be carried out within an irrevocable period that will not exceed three (3) years, counted from the date of the registration of the security in the Public Registry of the Securities Market, provided that the validity period of the registration of the program and the advance proceeding have not ended, as well as that the information and documentation corresponding are duly updated, in accordance with what is established by article 25 of the Regulation of Primary Public Offering and Sale of Securities.
Article 5th.- The registration of the issuance program to
which article 1 of this resolution refers 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 Superintendence – SMV regarding its goodness, the solvency of the issuer, nor regarding the risks of the security or of the offering; being the issuer responsible for the truthfulness of the information presented to the market, in accordance with what is established by articles 13, 21, 24 and 65 of the Single Consolidated Text of the Securities Market Law. Likewise, the registration of the issuance program and the registration of the Master Prospectus do not imply that the Securities Market Superintendence – SMV recommends investment in the securities to be issued within the framework of the aforementioned program or gives a favorable opinion on the business prospects. The documents and information for a complementary evaluation are available to the interested parties in the Public Registry of the Securities Market.
Article 6th.- To disseminate this resolution on the Institutional
Website of the Securities Market Superintendence on the Digital Platform Unique of the Peruvian State for Citizen Orientation (www.gob.pe/smv).

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 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 7th.- To transcribe this resolution to Protecta
S.A. Compañía de Seguros y Reaseguros, in its capacity as issuer; to Banco BBVA Perú, in its capacity as Structuring Entity; to BBVA Bolsa Sociedad Agente de Bolsa S.A., in its capacity as Placement Agent; to Banco Interamericano de Finanzas S.A., in its capacity as Bondholders' Representative; to Bolsa de Valores de Lima 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