2026-06-19

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General Superintendent's Resolution No. 033-2026-SMV/11.1

The Superintendency of the Securities Market (SMV) orders the exclusion from the Public Registry of the Securities Market of the securities known as the 'Fifth Issuance' and 'Sixth Issuance' of the Second Short-Term Instruments Program of Total Servicios Financieros Empresa de Créditos, as well as the official exclusion of the program itself. This action is taken because the securities were not placed, resulting in the cessation of public interest, and the program's validity period has expired. The resolution also mandates the publication of this decision on the SMV's institutional website and notifies the issuer, placement agent, CAVALI S.A., and the Lima Stock Exchange.

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PERÚ Ministry of Economy and Finance

SMV Superintendency of the Securities Market "Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 1 Electronically signed document in 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's Resolution SMV No. 033-2026-SMV/11.1 Lima, June 19, 2026 The General Superintendent of Conduct Supervision Seen: The file No. 2026024535, as well as the Internal Report No. 931-2026-SMV/11.1 of the General Superintendent of Conduct Supervision of the Adjacent Superintendency of Conduct Supervision of Markets. Considering: That, by means of a written request presented on May 22, 2026, Total Servicios Financieros Empresa de Créditos requested the Superintendency of the Securities Market – SMV, through the Single Window system, the exclusion of the securities named "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", which were registered in the framework of the "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", in the Public Registry of the Securities Market; That, it has been verified that, on April 17, 2019, through an automatic approval procedure and within the framework of an expedited procedure, the issuance program named "Second Program of Short-Term Factoring Instruments Total S.A." (currently, "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos"), up to a maximum circulating amount of US$ 10,000,000.00 (Ten Million and 00/100 United States Dollars) or its equivalent in Soles, was registered, and the corresponding Master Prospectus was registered in the Public Registry of the Securities Market; That, within the framework of the aforementioned issuance program, under an automatic approval procedure, on October 5 and 10, 2023, the securities named "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" were registered, respectively, up to a maximum circulating amount of S/ 5,000,000.00 (Five Million and 00/100 Soles) each, and the respective Complements to the Master Prospectus were registered in the Public Registry of the Securities Market; That, considering the documentation presented by Total Servicios Financieros Empresa de Créditos and the information on file in the Public Registry of the Securities Market, it has been noted that the securities "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", registered in the framework of the "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", were not placed; having resulted in the cessation of public interest regarding them, in accordance with article 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, approved by SMV Resolution No. 031-2012-SMV/01 and its modifying norms; That, Total Servicios Financieros Empresa de Créditos has presented the information and documentation required by the Unified Text of the Law of the Securities Market, approved by Supreme Decree No. 020-2023-EF; as well as by the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, for the purpose of the exclusion of the securities "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos"; That, additionally, from the information on file in the Public Registry of the Securities Market, it has been observed that with the exclusion of the securities named "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", all securities registered in the framework of the "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" will be excluded from the Public Registry of the Securities Market; that the validity period of the aforementioned program has expired, making it impossible to carry out new issuances and/or placements of securities within its framework; and, that the cessation of public interest has occurred; complying with what is established in the last paragraph of article 25 of the Regulation on Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141-98-EF/94.10 and its modifying norms, which states that with respect to issuance programs, exclusion operates when the registration validity period has expired and no value has been placed within the framework of the program or when, having been placed, the value or values are excluded from the Public Registry of the Securities Market; That, article 39, letters a) and d), of the Unified Text of the Law of the Securities Market; as well as articles 20 and 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, establish that the exclusion of a value from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV when the registration of the values has originated by the will of the issuer and when the cessation of public interest on the value operates; That, in this sense, taking into consideration that article 15 of the Unified Text of the Law of the Securities Market and article 2 of the Regulation of the Public Registry of the Securities Market, approved by CONASEV Resolution No. 079-97-EF-94.10, establish that in the section "On securities and issuance programs" of the Public Registry of the Securities Market, securities and issuance programs are registered,

PERÚ Ministry of Economy and Finance

SMV Superintendency of the Securities Market "Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 2 Electronically signed document in 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 Public Registry of the Securities Market, it has been noted that the securities "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", registered in the framework of the "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", were not placed; having resulted in the cessation of public interest regarding them, in accordance with article 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, approved by SMV Resolution No. 031-2012-SMV/01 and its modifying norms; That, Total Servicios Financieros Empresa de Créditos has presented the information and documentation required by the Unified Text of the Law of the Securities Market, approved by Supreme Decree No. 020-2023-EF; as well as by the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, for the purpose of the exclusion of the securities "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos"; That, additionally, from the information on file in the Public Registry of the Securities Market, it has been observed that with the exclusion of the securities named "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", all securities registered in the framework of the "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" will be excluded from the Public Registry of the Securities Market; that the validity period of the aforementioned program has expired, making it impossible to carry out new issuances and/or placements of securities within its framework; and, that the cessation of public interest has occurred; complying with what is established in the last paragraph of article 25 of the Regulation on Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141-98-EF/94.10 and its modifying norms, which states that with respect to issuance programs, exclusion operates when the registration validity period has expired and no value has been placed within the framework of the program or when, having been placed, the value or values are excluded from the Public Registry of the Securities Market; That, article 39, letters a) and d), of the Unified Text of the Law of the Securities Market; as well as articles 20 and 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, establish that the exclusion of a value from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV when the registration of the values has originated by the will of the issuer and when the cessation of public interest on the value operates; That, in this sense, taking into consideration that article 15 of the Unified Text of the Law of the Securities Market and article 2 of the Regulation of the Public Registry of the Securities Market, approved by CONASEV Resolution No. 079-97-EF-94.10, establish that in the section "On securities and issuance programs" of the Public Registry of the Securities Market, securities and issuance programs are registered,

PERÚ Ministry of Economy and Finance

SMV Superintendency of the Securities Market "Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 3 Electronically signed document in 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 the preceding consideration is also applicable to issuance programs, since these are subject to registration in the aforementioned registry; That, regarding the obligation to carry out a Public Buy Offer for Exclusion – OPC when a value is excluded from the Public Registry of the Securities Market, established in article 41 of the Unified Text of the Law of the Securities Market and in article 32 of the Regulation on Public Offer of Acquisition and Purchase of Securities by Exclusion, approved by CONASEV Resolution No. 009-2006-EF/94.10 and its modifying norms, it must be noted that the exclusion of the securities named "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" falls within the causal exception for not carrying out an OPC, as provided by article 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, and by article 37, letter a), of the Regulation on Public Offer of Acquisition and Purchase of Securities by Exclusion; 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 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 Page of the SMV 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 article 39, letters a) and d), of the Unified Text of the Law of the Securities Market; articles 19, 20, 21 and 23 of the Regulation on Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel; article 25 of the Regulation on Primary Public Offer and Sale of Securities; as well as by article 46, numeral 6, of the Regulation on Organization and Functions of the Superintendency of the Securities Market, approved by Supreme Decree No. 216-2011-EF and its amendments, which empowers the General Superintendent of Conduct Supervision to dispose of the exclusion of values from the Public Registry of the Securities Market. Resolves: Article 1°.- Order the exclusion of the securities named "Fifth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" and "Sixth Issuance of the Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", corresponding to the "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos", from the Public Registry of the Securities Market. Article 2°.- Order the official exclusion of the issuance program "Second Program of Short-Term Instruments Total Servicios Financieros Empresa de Créditos" from the Public Registry of the Securities Market.

PERÚ Ministry of Economy and Finance

SMV Superintendency of the Securities Market "Decade of Equality of Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 4 Electronically signed document in 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 Article 3°.- Disseminate this resolution on the Institutional Page of the Superintendency of the Securities Market on the Unified Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv). Article 4°.- Transcribe this resolution to Total Servicios Financieros Empresa de Créditos, in its capacity as issuer; to Inteligo Sociedad Agente de Bolsa S.A., in its capacity as placement agent; to CAVALI S.A. I.C.L.V.; and, to the Lima Stock Exchange S.A. Register, communicate and disseminate. Alix Godos General Superintendent General Superintendent of Conduct Supervision

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