PERU Ministry of Economy and Finance
SMV
Superintendency of the Market in Securities

"Decade of Equal Opportunities for Women and Men" "Year of the Bicentennial, of the consolidation of our Independence, and of the commemoration of the heroic battles of Junín and Ayacucho"

SMV General Intendancy Resolution No. 008-2024-SMV/11.1

Lima, 16 February 2024

The General Intendant of Conduct Supervision

Whereas:

File No. 2024002737, as well as Internal Report No. 197-2024-SMV/11.1, from the General Intendancy of Conduct Supervision of the Deputy Superintendency of Market Conduct Supervision of the Superintendency of the Market in Securities.

Considering:

That, by document submitted on 23 January 2024, Banco BBVA Perú requested the Superintendency of the Market in Securities – SMV, through the Single Window system, the exclusion of the securities called «Seventh Program of Corporate Bonds of Banco BBVA Perú – First Issue», which were registered and placed under the «Seventh Program of Corporate Bonds of Banco BBVA Perú», from the Public Registry of the Securities Market and from the Securities Registry of the Lima Stock Exchange, due to total cancellation of the obligations derived from them;

That, it has been verified that by General Intendancy Resolution SMV No. 037-2018-SMV/11.1 of 18 May 2018, within the framework of an anticipated procedure, the issuance program called «Seventh Program of Corporate Bonds of BBVA Banco Continental» (today, «Seventh Program of Corporate Bonds of Banco BBVA Perú») was registered, up to a maximum outstanding amount of US$ 1,000’000,000.00 (One Billion and 00/100 United States Dollars) or its equivalent in Soles, and the corresponding Framework Prospectus was registered in the Public Registry of the Securities Market;

That, within the framework of the «Seventh Program of Corporate Bonds of Banco BBVA Perú», on 22 May 2018, under an automatic approval procedure, the securities called «Seventh Program of Corporate Bonds of Banco BBVA Perú – First Issue» (formerly called, «Seventh Program of Corporate Bonds of BBVA Banco Continental – First Issue») were registered, up to the equivalent in Soles of US$ 1,000’000,000.00 (One Billion and 00/100 United States Dollars), and the corresponding Supplement to the Framework Prospectus was registered in the Public Registry of the Securities Market and, subsequently, in the Securities Registry of the Lima Stock Exchange;

That, in accordance with the provisions of article 20, numeral 20.1, of the Regulation for Registration and Exclusion of Securities in the

Electronic document di gitally signed within the framework of Law No. 27269, Law of Di gital Signatures and Certificates, its Regulation and amendments.
The integrity of the document and the authorship of the( s) si gnature( s) can be verified at https://apps. fi rmaperu.gob.pe/web/validador.xhtml

Electronic document di gitally signed within the framework of Law No. 27269, Law of Di gital Signatures and Certificates, its Regulation and amendments.
The integrity of the document and the authorship of the( s) si gnature( s) can be verified at https://apps. fi rmaperu.gob.pe/web/validador.xhtml

Public Registry of the Securities Market and in the Stock Exchange, approved by SMV Resolution No. 031-2012-SMV/01 and its amending norms, the SMV forwarded the exclusion request to the Lima Stock Exchange, without said entity having made observations to the documentation submitted;

That, from the evaluation of the documentation submitted by Banco BBVA Perú, the submission of the documents referring to the total cancellation of the obligations derived from the securities called «Seventh Program of Corporate Bonds of Banco BBVA Perú – First Issue» has been verified;

That, Banco BBVA Perú has submitted the information and documentation required by the Single Ordered Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, as well as by the Regulation for Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange, for the purposes of the exclusion of the securities «Seventh Program of Corporate Bonds of Banco BBVA Perú – First Issue»;

That, article 39, literal b), of the Single Ordered Text of the Securities Market Law; as well as articles 20 and 23 of the Regulation for Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV, when the extinction of the rights over the security occurs, by amortization, total redemption or other cause;

That, regarding the obligation to carry out a Public Offer of Purchase for Exclusion – OPC when a security is excluded from the Public Registry of the Securities Market, established in article 41 of the Single Ordered Text of the Securities Market Law and in article 32 of the Regulation of Public Offer of Acquisition and Purchase of Securities for Exclusion, approved by CONASEV Resolution No. 009-2006-EF/94.10 and its amending norms, it must be noted that the exclusion of the securities called «Seventh Program of Corporate Bonds of Banco BBVA Perú – First Issue» falls within the exception cause for not carrying out an OPC, contemplated both in article 23 of the Regulation for Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange, and in article 37, literal a), of the Regulation of Public Offer of Acquisition and Purchase of Securities for Exclusion;

That, article 7, numeral 6, of the Policy on Dissemination of Regulatory Projects, Legal Norms of General Character, Early Agenda and Other Administrative Acts of the SMV, approved by SMV Resolution No. 014-2014-SMV/01 and its amending norms, establishes that the decisions contained in administrative resolutions that resolve the exclusion of securities from the Public Registry of the Securities Market must be disseminated through the Institutional Page of the SMV on the Single Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and,

In accordance with the provisions of article 39, literal b), of the Single Ordered Text of the Securities Market Law; articles 19, 20, 21 and 23 of the Regulation for Registration and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange; as well as article 46, numeral 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

Signed by: GODOS GARCIA Alix Fernando | Reason:

empowers the General Superintendence of Conduct Supervision to order the exclusion of securities from the Public Registry of the Securities Market.

Resolves:

Article 1.- To order the exclusion of the securities called «Seventh Program of Corporate Bonds of Banco BBVA Peru – First Issue», corresponding to the «Seventh Program of Corporate Bonds of Banco BBVA Peru», from the Public Registry of the Securities Market.

Article 2.- To rule in favor of the exclusion of the securities indicated in the preceding article, from the Securities Registry of the Lima Stock Exchange.

Article 3.- To disseminate this resolution on the Institutional Page of the SMV on the Single Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).

Article 4.- To transcribe this resolution to Banco BBVA Peru, as issuer; to Banco Interamericano de Finanzas, 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 Superintendence of Conduct Supervision

Electronic document fi rmado digitally signed under Law No. 27269, Law of Fi rmas and Digital Certificates, its Regulation and amendments.
The integrity of the document and the authorship of the( s) fi rma( s) can be verified at https://apps. fi rmaperu.gob.pe/web/validador.xhtml