Resolution SMV No. 025-2025-SMV/01

PERU Ministry of Economy and Finance

SMV Superintendency of Securities Market “Decade of Equal Opportunities for Women and Men” "Year of the recovery and consolidation of the Peruvian economy" 1 Electronic document digitally signed within the framework of Law N° 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 Resolution SMV N° 025-2025-SMV/01 Lima, December 30, 2025

WHEREAS: That, by Law N° 32513, the Public Sector Budget corresponding to fiscal year 2026 was approved; That, articles 1° and 2° of the aforementioned norm, approve the Public Sector Expenditure Budget and the resources that finance it, the detail of which is specified in the Annexes referred to in article 1°, assigning to the Superintendency of Securities Market (SMV) the sum amounting to S/ 115,158,251 (ONE HUNDRED FIFTEEN MILLION ONE HUNDRED FIFTY-EIGHT THOUSAND TWO HUNDRED FIFTY-ONE AND 00/00 SOLES) for all Funding Sources; That, the Initial Institutional Budget (PIA) constitutes the budgetary document that governs the execution of the budget of the entity during fiscal year 2026; That, it is necessary to approve the Initial Institutional Budget for Fiscal Year 2026, disaggregated according to the amounts assigned through Law N° 32153, Public Sector Budget Law for Fiscal Year 2026, at the level of Executing Unit, for the purpose of operationalizing the budgetary management of fiscal year 2026; and, In accordance with the provisions of numeral 31.2 article 31º of Legislative Decree N° 1440, Legislative Decree of the National Public Budget System; as well as what was agreed by the Board of Directors of the SMV meeting in its session of December 29, 2025;

IT IS RESOLVED: Article 1º.- To approve the Initial Institutional Budget of Expenditures corresponding to Fiscal Year 2026 of the Superintendency of Securities Market (SMV) entity, in accordance with the following:

In Soles

Category	Amount
Current Expenses	62,874,553
Capital Expenses	52,283,698
----------------	------------
Total	115,158,251

The breakdown of Expenditures is detailed in accordance with Annexes 2 and 2A “Initial Institutional Budget of Expenditures”, provided by the General Directorate of Public Budget of the Ministry of Economy and Finance, and form part of this resolution.

PERU Ministry of Economy and Finance

SMV Superintendency of Securities Market “Decade of Equal Opportunities for Women and Men” "Year of the recovery and consolidation of the Peruvian economy" 2 Electronic document digitally signed within the framework of Law N° 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 2º.- To approve the resources that finance the Initial Institutional Budget corresponding to Fiscal Year 2026 of the Superintendency of Securities Market (SMV) entity by Funding Sources, in accordance with the following:

In Soles

Category	Amount
Ordinary Resources	349,941
Directly Collected Resources	114,808,310
-----------------------------	-------------
Total	115,158,251

The breakdown of Revenues is detailed in accordance with Annex 1 “Initial Institutional Budget of Revenues by Items”, provided by the General Directorate of Public Budget of the Ministry of Economy and Finance, which forms part of this resolution. Article 3º.- To approve the Programmatic Structure and the Functional Structure, corresponding to Fiscal Year 2026, as detailed in Annexes 3 and 4 provided by the General Directorate of Public Budget and which form part of this resolution. Article 4º.- The Budget Office, or its equivalent within the Superintendency of Securities Market (SMV) entity, is responsible for the monitoring and control of the budgetary process, taking into account the breakdown of expenditures and the resources that finance them, established in articles 1º and 2º of this provision. Article 5º.- A copy of this provision shall be sent to the bodies indicated in numeral 31.4 of article 31º of Legislative Decree N° 1440, Legislative Decree of the National Public Budget System.

Register and communicate.

Zósimo Juan Pichihua Serna Superintendent of the Securities Market