General Supervision of Conduct Superintendent Resolution No. 025-2026-SMV/11.1

PERÚ Ministry of Economy and Finance

SMV
Superintendency of the Securities Market
"Decade of Equal Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 1 Electronic document digitally signed under 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 Superintendent Resolution No. 025-2026-SMV/11.1 Lima, April 23, 2026 The General Superintendent of Conduct Supervision Seen:
The File No. 2026010658, as well as the Internal Report No. 609-2026-SMV/11.1 of April 22, 2026, from the General Superintendency of Conduct Supervision of the Adjacent Superintendency of Conduct Supervision of Markets.
Considering:
That, by means of a document presented on March 6, 2026, Banco Santander Perú S.A. requested the Superintendency of the Securities Market – SMV, within the framework of an advance procedure, the registration of the issuance program named "Second Corporate Bonds Program of Banco Santander Perú", up to a maximum circulation amount of US$ 200,000,000.00 (Two Hundred Million and 00/100 Dollars of the United States of America) or its equivalent in Soles, and the registration of the respective Master Prospectus in the Public Registry of the Securities Market – RPMV; That, at the same time, Banco Santander Perú S.A. requested the registration of the securities named "Second Corporate Bonds Program of Banco Santander Perú – First Issuance", up to a maximum circulation amount of S/ 300,000,000.00 (Three Hundred Million and 00/100 Soles), and "Second Corporate Bonds Program of Banco Santander Perú – Second Issuance", up to a maximum circulation amount of S/ 300,000,000.00 (Three Hundred Million and 00/100 Soles), as well as the registration of the respective Master Prospectus Supplements, in the Public Registry of the Securities Market – RPMV and in the Securities Registry of the Lima Stock Exchange; 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 Banco Santander Perú S.A., held on November 19, 2020, the issuance of debt instruments in the local market was approved, up to a maximum amount of US$ 300,000,000.00 (Three Hundred Million and 00/100 Dollars of the United States of America) or its equivalent in national currency, in one or more issuance programs or in individual issuances; as well as the delegation of the necessary powers to the Board of Directors or to the General Management of the company, alternatively and indistinctly, expressly and in the broadest manner allowed by the applicable laws and the corporate bylaws, so that – among others – it authorizes the realization of one or more issuance programs and/or one or more issuances, which considered jointly cannot exceed the maximum approved issuance amount, and to determine the terms, conditions and characteristics of each of the issuances and/or programs that are authorized (including their issuances and/or series); That, likewise, it has been noted that at the General Shareholders' Meeting of Banco Santander Perú S.A., held on September 12, 2024, the clarification of the agreement adopted in the General Shareholders' Meeting of November 19, 2020 was approved, specifying that the maximum approved amount is up to a maximum circulation amount of US$ 300,000,000.00 (Three Hundred Million and 00/100 Dollars of the United States of America) or its equivalent in national currency; and the approval for the issuance of debt instruments and the delegation of powers was ratified; That, within the framework of the delegation of powers approved in the General Shareholders' Meeting
of Banco Santander Perú S.A. of November 19, 2020, it has been noted that on July 21, 2025 and April 6, 2026, the General Manager of Banco Santander Perú S.A. approved the realization of the "Second Corporate Bonds Program of Banco Santander Perú", as well as the terms, conditions and characteristics of the mentioned issuance program; That, the Superintendency of Banks, Insurance and Private Pension Fund Administrators – SBS, by SBS Resolution No. 03230-2025 of September 10, 2025, resolved, among others, to give a favorable opinion for Banco Santander Perú S.A. to carry out the series issuance of financial instruments corresponding to the "Second Corporate Bonds Program of Banco Santander Perú", up to a maximum circulation amount of US$ 200,000,000 (Two Hundred Million and 00/100 Dollars of the United States of America) or its equivalent in Soles; That, on April 13 and 21, 2026, Banco Santander Perú S.A. has completed the documentation and information requirements required by the Unified 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 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 that resolve the registration of securities and the registration of the corresponding informative prospectuses for the issuance programs, within the framework of an advance procedure, 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 Unified Text of the Securities Market Law; as well as article 46, numerals 4 and 6, of the Regulation of 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 Superintendency of Conduct Supervision to

PERÚ Ministry of Economy and Finance

SMV
Superintendency of the Securities Market
"Decade of Equal Opportunities for Women and Men" "Year of Hope and Strengthening of Democracy" 2 Electronic document digitally signed under 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 resolve the requests made by the regulated entities related to primary public offers and evaluate and/or resolve any procedure related to said offers, as well as order the registration of securities in the Public Registry of the Securities Market. Resolves:
Article 1st.- To order, within the framework of an advance procedure, the registration of the issuance program named "Second Corporate Bonds Program of Banco Santander Perú", up to a maximum circulation amount of US$ 200,000,000.00 (Two Hundred Million and 00/100 Dollars of the United States of America) 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 2nd.- To order, within the framework of the "Second Corporate Bonds Program of Banco Santander Perú", the registration of the securities named "Second Corporate Bonds Program of Banco Santander Perú – First Issuance", up to a maximum circulation amount of S/ 300,000,000.00 (Three Hundred Million and 00/100 Soles), and the registration of the corresponding Master Prospectus Supplement in the Public Registry of the Securities Market – RPMV.
Article 3rd.- To order, within the framework of the "Second Corporate Bonds Program of Banco Santander Perú", the registration of the securities named "Second Corporate Bonds Program of Banco Santander Perú – Second Issuance", up to a maximum circulation amount of S/ 300,000,000.00 (Three Hundred Million and 00/100 Soles), and the registration of the corresponding Master Prospectus Supplement in the Public Registry of the Securities Market – RPMV.
Article 4th.- To pronounce in favor of the registration of the securities referred to in articles 2nd and 3rd of this resolution in the Securities Registry of the Lima Stock Exchange.
Article 5th.- The registration of the securities and the registration of the Master Prospectus Supplements that are carried out within the framework of the program referred to in article 1st of this resolution, will be carried out under an automatic approval procedure, insofar as Banco Santander Perú 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 what is provided in article 14, numeral 14.3.2, of the Regulation of Primary Public Offer and Sale of Securities.
Article 6th.- The issuances and/or public offers that are carried out, within the framework of the program referred to in article 1st 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 irrevocable.
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 up to the date of its presentation, as well as the update of the remaining documentation and information that is pertinent, otherwise it will not be able to make new offers until it complies with said procedure.
Article 7th.- The placement of the securities registered and to be registered within the framework of the "Second Corporate Bonds Program of Banco Santander Perú" may be carried out within an irrevocable 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 procedure have not ended, as well as that the corresponding information and documentation are duly updated, in accordance with what is provided in article 25 of the Regulation of Primary Public Offer and Sale of Securities.
Article 8th.- The registration of the issuance program and of the securities referred to in articles 1st, 2nd and 3rd of this resolution, has not involved 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 Superintendency of the Securities Market – SMV on its goodness, the solvency of the issuer, nor on the risks of the security or the offer; the issuer is responsible for the truthfulness of the information presented to the market, in accordance with what is provided in articles 13, 21, 24 and 65 of the Unified Text of the Securities Market Law.
Likewise, the registration of the issuance program and of the securities, as well as the registration of the Master Prospectus and the respective Master Prospectus Supplements, do not imply that the Superintendency of the Securities Market – SMV recommends investment in the securities or gives a favorable opinion on the business prospects. The documents and information for a complementary evaluation are available to those interested in the Public Registry of the Securities Market.
Article 9th.- To disseminate this resolution on the Institutional Page of the SMV on the Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 10th.- To transcribe this resolution to Banco Santander Perú S.A., in its capacity as issuer and structuring entity; to Inteligo Brokerage Company S.A. in its capacity as placing agent; to Banco Interamericano de Finanzas S.A., in its capacity as Bondholders' Representative; 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 Superintendency of Conduct Supervision