General Supervision of Conduct Resolution No. 029-2026-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendency
"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 Supervision of Conduct Resolution No. 029-2026-SMV/11.1 Lima, May 28, 2026 The General Superintendent of Conduct Supervision Seen:
File No. 2026017832, as well as Internal Report No. 796-2026-SMV/11.1, from the General Supervision of Conduct of the Adjacent Superintendency of Market Conduct Supervision.
Considering:
That, by means of a written submission presented on April 14, 2026, Total Servicios Financieros Empresa de Créditos S.A. requested the Securities Market Superintendency – SMV, within the framework of an advance proceeding, the registration of the issuance program titled "Seventh Total Servicios Financieros Financial Leasing Bond Program", up to a maximum issuance amount of US$ 50,000,000.00 (Fifty 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 documentation and information presented as support for the request to which this resolution refers, it has been noted that at the General Shareholders' Meeting of Total Servicios Financieros Empresa de Créditos S.A., held on July 22, 2025, the issuance program titled "Seventh Total Servicios Financieros Financial Leasing Bond Program" was approved, up to a maximum amount of US$ 50,000,000.00 (Fifty Million and 00/100 United States Dollars) or its equivalent in Soles; and sufficient powers were granted to Mr. Ricardo Enrique Steffens Araneda so that, in the name and representation of the company, by sole signature, he may –among other things– determine, decide and/or modify the terms and conditions of the aforementioned program and its issuances; That, by means of SBS Resolution No. 00175-2026 of January 21, 2026, the Superintendency of Banks, Insurance and Private Pension Fund Administrators – SBS resolved, among other things, to give a favorable opinion for Total Servicios Financieros Empresa de Créditos S.A. to carry out the issuance of the "Seventh Total Servicios Financieros Financial Leasing Bond Program", up to a maximum amount of US$ 50,000,000.00 (Fifty Million and 00/100 United States Dollars) or its equivalent in Soles;

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendency
"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 That, by means of a written submission of May 19, 2026, Total Servicios Financieros Empresa de Créditos S.A. remedied the observations formulated by the Securities Market Superintendency – SMV, complying with 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 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 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 that resolve, within the framework of an advance proceeding, the registration of issuance programs and securities, 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 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 Single Consolidated Text of the Securities Market Law; as well as article 46, numeral 4, of the Regulation of Organization and Functions of the Securities Market Superintendency, approved by Supreme Decree No. 216-2011-EF and its amendments, which empowers the General Supervision of Conduct to resolve requests submitted by regulated entities related to primary public offers and to evaluate and/or resolve any procedure linked to such offers. Resolves:
Article 1.- To dispose, within the framework of an advance proceeding, the registration of the issuance program titled "Seventh Total Servicios Financieros Financial Leasing Bond Program", up to a maximum issuance amount of US$ 50,000,000.00 (Fifty Million and 00/100 United States Dollars) or its equivalent in Soles, as well as the registration of the respective Master Prospectus in the Public Registry of the Securities Market – RPMV.
Article 2.- 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 referred to in article 1 of this resolution, will be carried out under an automatic approval procedure, insofar as Total Servicios Financieros Empresa de Créditos S.A. maintains its status as a qualified entity and it is the issuance of typical securities. Otherwise, the registration of the securities and the registration of the corresponding prospectuses will be subject to the provisions of article 14, numeral 14.3.2, of the Regulation of Primary Public Offer and Sale of Securities.
Article 3.- The issuances and/or offers that are carried out, by public offer, within the framework of the program referred to in article 1 of this resolution, in accordance with what is established in article 14, numeral 14.2.3, of the Regulation of Primary Public Offer and Sale of Securities, 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.

PERU Ministry of Economy and Finance

SMV
Securities Market Superintendency
"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 After three (03) years of the validity of the registration of the program and within the thirty (30) calendar days following, the issuer must present an updated master prospectus that consolidates all the variations made to it to the date of its presentation, as well as the update of the remaining documentation and information that is relevant, otherwise it will not be able to make new offers until it complies with said procedure.
Article 4.- The placement of the securities that is carried out within the framework of the "Seventh Total Servicios Financieros Financial Leasing Bond Program" may be carried out within an non-extendable period that will not exceed three (3) years, counted from the date of registration of the security in the Public Registry of the Securities Market – RPMV, provided that the validity period of the registration of the program and the advance proceeding have not ended, as well as that the corresponding information and documentation are duly updated, in accordance with what is established in article 25 of the Regulation of Primary Public Offer and Sale of Securities.
Article 5.- The registration of the issuance program referred to in article 1 of this resolution has not involved 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 Superintendency – 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 truthfulness of the information presented to the market, in accordance with what is established in 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 Superintendency – 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 interested parties in the Public Registry of the Securities Market.
Article 6.- To disseminate this resolution on the Institutional Page of the Securities Market Superintendency on the Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 7.- To transcribe this resolution to Total Servicios Financieros Empresa de Créditos S.A., in its capacity as issuer and structuring entity; Inteligo Sociedad Agente de Bolsa S.A., in its capacity as placement agent; to Banco de Crédito del Perú, 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 Supervision of Conduct