General Superintendent Resolution No. 070-2025-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of the recovery and consolidation of the Peruvian economy" 1 Electronically signed document in 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. 070-2025-SMV/11.1 Lima, December 22, 2025 The General Superintendent of Conduct Supervision Seen:
File No. 2025053841, as well as Internal Report No. 1844-2025-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 December 11, 2025, Electro Dunas S.A.A. requested the Securities Market Superintendence – SMV to exclude the securities named "Second Issuance of Corporate Bonds of the First Program of Debt-Representative Instruments Electro Dunas", which were registered and placed within the framework of the "First Program of Debt-Representative Instruments Electro Dunas", in the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market and 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 by means of General Superintendent Resolution SMV No. 061-2020-SMV/11.1 of November 30, 2020, the issuance program named "First Program of Debt-Representative Instruments Electro Dunas" was registered, up to a maximum circulating amount of US$ 300,000,000.00 (Three Hundred Million and 00/100 United States Dollars) or its equivalent in Soles, and the corresponding Master Prospectus was registered in the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market; That, within the framework of the "First Program of Debt-Representative Instruments Electro Dunas", on November 30, 2020, under an automatic approval procedure, the securities named "Second Issuance of Corporate Bonds of the First Program of Debt-Representative Instruments Electro Dunas" were registered, up to a maximum circulating amount of S/ 150,000,000.00 (One Hundred Fifty Million and 00/100 Soles), and the corresponding Complement to the Master Prospectus was registered in the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market and 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 the recovery and consolidation of the Peruvian economy" 2 Electronically signed document in 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, it is necessary to indicate that article 6, numeral 6.1, of the Regulation of the Institutional Investors Market, approved by SMV Resolution No. 021-2013-SMV/01 and its amendments, provides that the competence of the Securities Market Superintendence – SMV, within the framework of the exceptional regime of public offers directed exclusively to institutional investors, is limited solely to the verification of the presentation of the documentation or requirements established in said regulation; That, from the review of the documentation presented by Electro Dunas S.A.A., the presentation of the documents referred to the total cancellation of the obligations derived from the securities "Second Issuance of Corporate Bonds of the First Program of Debt-Representative Instruments Electro Dunas" has been verified, as provided by articles 17 and 18 of the Regulation of the Institutional Investors Market; That, article 39, subsections a) and b), of the Single Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, and article 18, numeral 18.3, of the Regulation of the Institutional Investors Market, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV, at the request of the issuer, when the registration of the securities has originated by its own will and when the extinction of rights over the security operates, by amortization, total redemption or other cause; likewise, article 6, numeral 6.14, of the Regulation of the Institutional Investors Market provides that in no case is the formulation of a public buy offer applicable to the security referred to in article 41 of the Single Text of the Securities Market Law; That, Electro Dunas S.A.A. has complied with presenting the information and documentation required by the Single Text of the Securities Market Law and by the Regulation of the Institutional Investors Market, to request the exclusion of the securities named "Second Issuance of Corporate Bonds of the First Program of Debt-Representative Instruments Electro Dunas" from the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market; 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 amending norms, establishes that the 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 Institutional Website of the SMV on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and, Being in accordance with what is provided by article 39, subsections a) and b), of the Single Text of the Securities Market Law; articles 17, numeral 17.1, and 18 of the Regulation of the Institutional Investors Market; as well as by article 46, numeral 6, 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 order the exclusion of securities from the Public Registry of the Securities Market.

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of the recovery and consolidation of the Peruvian economy" 3 Electronically signed document in 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 Resolves:
Article 1°.- Order the exclusion of the securities named "Second Issuance of Corporate Bonds of the First Program of Debt-Representative Instruments Electro Dunas", corresponding to the "First Program of Debt-Representative Instruments Electro Dunas", from the section "Of the Institutional Investors Market" of the Public Registry of the Securities Market.
Article 2°.- Pronounce 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 Institutional Website of the SMV on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 4°.- Transcribe this resolution to Electro Dunas S.A.A., in its capacity as issuer; to Credicorp Capital Servicios Financieros S.A., in its capacity as structuring entity; 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