R-SIMV-2026-30-FI — Modification of the First Resolution of the Securities Market Superintendence dated March 6, 2023, Authorizing JMMB Closed Development Investment Fund

SC-07-15-06 Edition 1 Page 1 of 5 FIRST RESOLUTION OF THE SECURITIES MARKET SUPERINTENDENCE DATED TWENTY-THREE (23) OF JULY OF THE YEAR TWO THOUSAND TWENTY-SIX (2026) R-SIMV-2026-30-FI Subject: Modification of the First Resolution of the Securities Market Superintendence dated six (6) of March of the year two thousand twenty-three (2023), R-SIMV-2023-10-FI; by which JMMB Closed Development Investment Fund was authorized, administered by JMMB Fund Administrator Society, S.A.

Viewed: The Constitution of the Dominican Republic, proclaimed on date twenty-seven (27) of the month of October of the year two thousand twenty-four (2024). Viewed: Law No. 107-13, dated six (6) of August of the year two thousand thirteen (2013), regarding the Rights of Persons in their Relations with the Administration and Administrative Procedure. Viewed: Law No. 249-17, dated nineteen (19) of December of the year two thousand seventeen (2017), of the Securities Market of the Dominican Republic, which repeals and substitutes Law No. 19-00, dated eight (8) of May of the year two thousand (2000) (the “Law No. 249-17”). Viewed: The First Resolution of the National Securities Market Council, dated five (5) of November of the year two thousand nineteen (2019), R-CNMV-2019-28-MV, which approves the Regulation of Administrator Societies and Investment Funds, modified by the Second Resolution of the National Securities Market Council, dated sixteen (16) of July of the year two thousand twenty-one (2021), R-CNMV-2021-16-MV (the “Regulation of Administrator Societies and Investment Funds”). Viewed: Circular C-SIMV-2020-01-MV dated eighteen (18) of February of the year two thousand twenty (2020), which approves the Instruction containing the guidelines for the various documents established in the Regulation of Administrator Societies and Investment Funds. Viewed: The First Resolution of the Securities Market Superintendence dated six (6) of March of the year two thousand twenty-three (2023), R-SIMV-2023-10-FI; by which “JMMB Closed Development Investment Fund” (the “Fund”) was authorized, registered in the Securities Market Register (the “Register”) under No. SIVFIC-068 administered by

SC-07-15-06 Edition 1 Page 2 of 5 JMMB Fund Administrator Society, S.A., registered under No. SIVAF-010 (the “Approval Resolution”). Viewed: Communication No. 02-2026-000512, received on date twenty-two (22) of July of the year two thousand twenty-six (2026), sent by JMMB Fund Administrator Society, S.A., to the Securities Market Superintendence (the “Superintendence”) by which it requests the modification of Approval Resolution R-SIMV-2023-10-FI. Seen: Report No. OP-508-26, dated twenty (20) of July of the year two thousand twenty-six (2026), presented by the Directorate of Issuers, Assets and Rating Agencies, by which said area requests the modification of the Approval Resolution.

Considering: That the main part of Article 17 of Law No. 249-17 provides that “the Superintendent is the highest executive authority of the Superintendence, having in charge its direction, control and representation.” Considering: That in this same order, Article 48 of Law No. 249-17 establishes that “the Superintendence will be the only body authorized to authorize the public offering of securities throughout the territory of the Dominican Republic, prior to the presentation of the requirements established in this law and its regulations.” Considering: That attending to what is provided in numeral 2 of Article 83 of the Regulation of Administrator Societies and Investment Funds, “modifications to the internal regulations, the Summary Information Prospectus and, in general, to all documents presented to the Superintendence for the authorization and registration of the investment fund in the Register, which arise subsequent to the Superintendence’s approval, shall proceed as follows: 2) In the case of closed-end investment funds: any modification shall be submitted to the Superintendence for the purpose of obtaining its non-objection (…)”. Considering: That by the First Resolution of the Securities Market Superintendence dated six (6) of March of the year two thousand twenty-three (2023), R-SIMV-2023-10-FI, the Fund “JMMB Closed Development Investment Fund” was authorized, registered in the Register under No. SIVFIC-068, administered by JMMB Fund Administrator Society, S.A., registered under No. SIVAF-010.

SC-07-15-06 Edition 1 Page 3 of 5 Considering: That by communication No. 02-2026-000512, received on date twenty-two (22) of July of the year two thousand twenty-six (2026), JMMB Fund Administrator Society, S.A., requested this Superintendence to modify the Approval Resolution of the Fund. Considering: That by virtue of the Act of the Extraordinary General Meeting of Contributors of the Fund dated twenty-one (21) of the month of July of the year two thousand twenty-six (2026), the Fund’s contributors approved the modification of the Internal Regulations and the Summary Information Prospectus, in order to know, among other aspects, the capital increase of the Fund and other modifications proposed in the internal regulations. Considering: That this Superintendence, attending to the best practices recommended by the technical area, considers it necessary to completely substitute the security characteristics contained in the first provision of the Approval Resolution, for the purpose of modifying certain characteristics and eliminating ex officio certain literals, information that is contained in the Fund’s Internal Regulations and which does not affect the legal validity of the approval resolution nor of the Fund’s complementary documents. Considering: That this Superintendence, through the Directorate of Issuers, Assets and Rating Agencies, has verified that the request presented by JMMB Fund Administrator Society, S.A., complies with and is in accordance with the requirements established in Article 83 of the Regulation of Administrator Societies and Investment Funds and in Law No. 249-17. Considering: That the current legal framework and cited above, as well as the recommendations of the institution’s technical area, and by virtue of the legal attributions, the Superintendent of the Securities Market Superintendence as the highest executive authority, with the faculty to know and decide on the aforementioned request, decides to pronounce on the matter through this administrative act.

Therefore, the Superintendent of the Securities Market, in the use of the faculties granted to him in numeral 4) of Article 17 of Law No. 249-17, as well as the considerations and technical opinions that support the file, resolves:

SC-07-15-06 Edition 1 Page 4 of 5 First: Completely substitute the security characteristics contained in the second provision of the First Resolution of the Securities Market Superintendence, dated six (6) of March of the year two thousand twenty-three (2023), R-SIMV-2023-10-FI, so that henceforth it shall read as transcribed below: a. Total amount of the single issuance program: Up to ten billion Dominican pesos with zero cents (DOP 10,000,000,000.00). b. Number of participation units: Up to ten thousand (10,000). c. Nominal value: One million Dominican pesos with zero cents (DOP 1,000,000.00). d. Maturity date: Twenty-five (25) years from the date of issuance of the Fund’s participation units. e. Fund Objective: The objective of the Fund is the generation of recurring short-term income and long-term capital appreciation through investment in securities representing capital and/or securities representing debt not registered in the Register, which aim at the development of certain societies, projects, infrastructures, consortia, trusts, and non-profit entities, of the public and private sector domiciled in the Dominican Republic and whose activities do not develop in the financial sector. The Fund may likewise make investments in financial assets and public offering securities, without these being the main objective of the Fund. f. Investors to whom the Fund is directed: Professional investors.

Second: Inform that the remaining general characteristics of the securities contained in the second provision of the First Resolution, R-SIMV-2023-10-FI, are suppressed in this resolution, leaving those characteristics established and detailed in the Fund’s Internal Regulations and Summary Information Prospectus.

SC-07-15-06 Edition 1 Page 5 of 5 Third: Order JMMB Fund Administrator Society, S.A., to inform the changes of the Fund as a relevant event, in accordance with what is provided in paragraph II of Article 83 of the Regulation of Administrator Societies and Investment Funds, and to proceed to publish on its website with sufficient relevance. Fourth: Instruct the Securities Market Registration Department to issue a certified copy of this Resolution and to notify it to JMMB Fund Administrator Society, S.A., to the Stock and Securities Markets of the Dominican Republic, S.A., to Cevaldom, S.A., and to the Risk and Investment Limits Rating Commission. Fifth: Instruct the Legal Directorate to publish this Resolution on the website of the Securities Market Superintendence, in its corresponding section.

In the city of Santo Domingo de Guzmán, National District, capital of the Dominican Republic, on the twenty-three (23) days of the month of July of the year two thousand twenty-six (2026). Digitally signed by: Ernesto Bournigal Read Superintendent