Technical Standards for the Application of the Capital Fund Requirement for Investment Banks

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Approval: 09/30/2025
Validity: 10/15/2025

THE COMMITTEE OF STANDARDS OF THE CENTRAL RESERVE BANK OF EL SALVADOR,

CONSIDERING:

I. That Article 24, first paragraph, of the Investment Banks Law establishes that, in order to constantly maintain their solvency, investment banks must present at all times a ratio of at least eight percent between their capital fund and the sum of their weighted assets, net of depreciation, reserves, and provisioning for impairment.

II. That Article 24, second paragraph, of the Investment Banks Law establishes that the capital fund ratio with respect to the weighted assets of the Investment Bank must be maintained at a minimum of eight percent during the first three years of its constitution. Subsequently, the Superintendency, through an evaluation process, may review said percentage.

III. That Article 2, first paragraph, of the Financial System Supervision and Regulation Law establishes that the Financial Supervision and Regulation System has the objective of preserving the stability of the financial system and ensuring its efficiency and transparency, as well as ensuring the safety and solidity of the members of the financial system in accordance with what is established by said Law, other applicable laws, regulations, and technical standards issued for this effect, all in concordance with international best practices on the matter.

IV. That Article 7, letter u), of the Financial System Supervision and Regulation Law establishes that it corresponds to the Superintendency of the Financial System to supervise the other entities, institutions, and operations indicated by the laws.

V. That Article 99, third paragraph, letter a), of the Financial System Supervision and Regulation Law establishes that it corresponds to the Committee of Standards of the Central Reserve Bank of El Salvador to approve technical standards, instructions, and provisions that the laws regulating the supervised entities establish must be issued to facilitate their application, especially those related to solvency requirements, liquidity, provisions, reserves, classification of risky assets, criteria to establish the need for consolidation, good corporate governance practices, information transparency, and on any other aspect inherent to risk management by the supervised entities.

THEREFORE,

in virtue of the regulatory powers conferred by Article 99 of the Financial System Supervision and Regulation Law,

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

AGREES to issue the following:

TECHNICAL STANDARDS FOR THE APPLICATION OF THE CAPITAL FUND REQUIREMENT FOR INVESTMENT BANKS

CHAPTER I
OBJECT, SUBJECTS, AND TERMS

Object
Art. 1.- These Standards have as their objective to establish the provisions that allow the calculation of the capital fund requirements for Investment Banks, in accordance with the Investment Banks Law.

Subjects
Art. 2.- The subjects obliged to comply with the provisions established in these Standards are:
a) Investment Banks constituted in El Salvador; b) Subsidiaries established abroad of Investment Banks constituted in El Salvador; and c) National subsidiaries and joint venture companies of Investment Banks constituted in El Salvador.

Terms
Art. 3.- For the purposes of these Standards, the terms indicated below have the following meaning:
a) Central Bank: Central Reserve Bank of El Salvador; b) Entity (ies): Subjects obliged to comply with these Standards; and c) Superintendency: Superintendency of the Financial System.

CHAPTER II
DETERMINATION OF THE CAPITAL FUND

Capital Fund
Art. 4.- The capital fund will be the sum of Primary Capital plus Supplementary Capital, deducting from these, when applicable:
a) The value of the participation in the capital of subsidiaries located abroad; b) The value of participations in the capital of subsidiaries and joint venture companies, in accordance with Article 24 of the Banks Law applicable to entities according to Article 71 of the Investment Banks Law; c) Additional resources that entities provide in any form to their subsidiaries abroad, as well as guarantees, sureties, and bonds issued to respond for the obligations of their subsidiaries located abroad; and d) Other participations in the capital of any company.

Primary Capital
Art. 5.- The components of primary capital are:
a) Subscribed share capital; b) Legal reserve; and c) Other capital reserves, derived from received profits.

Supplementary Capital
Art. 6.- The components of supplementary capital are:
a) Results from previous exercises, on which no decision has been taken; b) Undistributable profits referred to in the first paragraph of Article 29 of the Investment Banks Law; c) Fifty percent (50%) of the profits of the current exercise, net of the provision for Income Tax; d) Fifty percent (50%) of voluntary impairment reserves, which will not be subtracted from the loan portfolio for purposes of weighted assets; e) Subordinated debt with five or more years, up to fifty percent (50%) of the value of Primary Capital. For purposes of the amount computable in the capital fund, this will be calculated as follows:
i) Before five years to maturity, up to the value of the loan balance. ii) From the beginning of the five years to maturity, the debt balance decreased by an accumulative 20% annually, as follows:
5th year before maturity: 80%
4th year before maturity: 60%
3rd year before maturity: 40%
2nd year before maturity: 20%
Last year before maturity: 0% h) Loans convertible into shares, when the term is greater than one year. From the sum of all the previous components, the value of accumulated losses and the current exercise loss, if any, must be deducted. For purposes of determining the capital fund, Supplementary Capital will be accepted up to a sum equal to Primary Capital.

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

CHAPTER III
CAPITAL FUND REQUIREMENT

Regarding Weighted Assets
Art. 7.- Entities must present, at all times, a ratio between their capital fund and the sum of their weighted assets of at least eight percent during the first three years of their constitution. Subsequently, the Superintendency may review said percentage considering the following elements for this purpose:
a) Financial Statements of the Investment Bank; b) Detail of the composition of the Capital Fund; c) Detail of the assets of the Investment Bank; and d) Risk management and internal controls. In the case that the Superintendency determines an increase in the percentage established in the first paragraph of this article, entities will have a period of twelve months, counted from the notification of the respective resolution, to make the corresponding adjustments in order to comply with the new percentage.

Weighting of Assets and Contingent Rights
Art. 8.- The weighting of assets, contingent rights, net of depreciation, reserves, and provisioning for impairment, will be carried out as follows:

1. Without weighting:
   a) Cash availability. Remittances in transit must not be included in this concept; b) Money deposits in the Central Reserve Bank of El Salvador; c) Investments in securities issued or guaranteed by the State, the Central Reserve Bank of El Salvador, or the Deposit Guarantee Institute; d) Stock market investments made in securities issued or guaranteed by the State and by the Central Reserve Bank; e) Assets and contingencies deducted from the capital fund, which are mentioned in letters a), b), c), and d) of Article 4 of these Standards; f) Deposits and high-liquidity, low-risk securities that constitute the liquidity reserve referred to in Chapter III of the Investment Banks Law; g) Credits, guarantees, sureties, and bonds, fully guaranteed with deposits in legal tender and with easily liquidable assets in the same entity;
2. Weighted at twenty percent (20%), funds in transit for local and foreign remittances;
3. Weighted at fifty percent (50%):
   a) Loans guaranteed by other local investment banks; b) Credits granted to other Investment Banks, except for loans convertible into shares, which will be weighted at one hundred percent; c) Money deposits in local banks and investment banks; d) The value of letters of credit, net of guarantee deposits, prepayments, and provisions; e) Guarantees, sureties, and bonds that are not fully guaranteed with deposits in legal tender or easily liquidable assets in the entity; f) Loans guaranteed by Salvadoran reciprocal guarantee companies; g) Other payment commitments on behalf of third parties.
4. Weighted between zero and one hundred fifty percent:
   Investments in securities issued by foreign states or central banks according to the country risk rating of the issuer, as follows:

Risk Category	AAA to AA+	A+ to A-	BBB+ to BBB-	BB+ to B-	Below B- and unclassified
Risk Weighting	0%	20%	50%	100%	150%

For the equivalence of country risk categories issued by different Risk Classifiers, the table described in numeral 7 of Section VI Constitution of Reserves for Country Risk of the Accounting Manual for Investment Banks (NCF-XX), issued by the Central Bank through its Committee of Standards, will be used.
5. Weighted between twenty and fifty percent:
Money deposits in first-line foreign banks or with investment grade and loans, guarantees, sureties, and bonds that are guaranteed by first-line banks or with investment grade are weighted according to their risk rating as follows:

Risk Category	AAA to A-	BBB+ to BBB-
Risk Weighting	20%	50%

-80), issued by the Central Bank through its Committee of Standards.

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

6. Weighted at one hundred percent (100%):
   The total value of assets not contemplated in the previous numerals will be weighted at one hundred percent (100%).

Requirement Regarding Liabilities and Contingent Commitments Art. 9.- The capital fund of entities must not be less than seven percent (7%) of their total obligations or liabilities with third parties.

Minimum Capital Fund
Art. 10.- In no case must the capital fund of an entity be less than the minimum required subscribed share capital, which is determined in accordance with the Investment Banks Law.

CHAPTER IV
CALCULATION DATE AND REPORTING TO THE SUPERINTENDENCY

Art. 11.- Entities must establish the position of their capital fund on the last day of each month and remit it to the Superintendency within the first five business days of the following month, according to models presented in Annex No. 1 and No. 2, with autograph signature or simple or certified electronic signature of the manager or of whoever holds an equivalent position; except for those corresponding to the months of June and December of each year, which must be submitted within the first ten business days of the immediately following month. Additionally, entities must calculate the capital fund requirement on the last business day of each week, except when this corresponds to the last day of the month; this calculation must be remitted to the Superintendency in the first two business days of each week. The deadlines mentioned in the previous provision do not constitute an exception to report on capital fund insufficiencies, and if such insufficiency occurs, it must be reported to the Superintendency with a mention of the detail of the measures and commitments considered necessary to remedy the deficiency.

Art. 12.- Entities must keep in their files for a period of no less than one year, the documents and off-balance sheet information used for the calculation of the capital fund requirement.

Art. 13.- The Superintendency may request the calculation of the capital fund requirements on any date it deems convenient.

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

CHAPTER V
OTHER PROVISIONS AND VALIDITY

Art. 14.- The calculation and requirement of the capital fund for holding companies of exclusive purpose and for financial conglomerates as a whole, is regulated in the [Technical Standards for the Application of the Capital Fund Requirement to Holding Companies of Exclusive Purpose and Financial Conglomerates] (NCF-XX-62), issued by the Central Bank through its Committee of Standards.

Sanctions
Art. 15.- Non-compliance with the provisions contained in these Standards will be sanctioned in accordance with what is established in the Financial System Supervision and Regulation Law.

Unforeseen Aspects
Art. 16.- Aspects not provided for in the matter of regulation in these Standards will be resolved by the Central Bank through its Committee of Standards.

Validity
Art. 17.- These Standards will enter into force as of October 15, two thousand twenty-five.

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 1
CAPITAL FUND REQUIREMENT CALCULATION REPORT (In thousands of US$)

Entity: _______________________________________ Reference Date:

---

I. CAPITAL FUND

1. Primary Capital
2. Supplementary Capital
3. Less: Deductions

II. ASSET REQUIREMENT
1. Total Assets
2. Total Weighted Assets
3. 8% Requirement on Weighted Assets
4. Surplus or (Deficit) (I-II.3)
5. Capital Coefficient (I./II.2)
III. LIABILITY REQUIREMENT
1. Total Liabilities and Contingent Commitments
2. 7% Requirement on Liabilities
3. Surplus or (Deficit) (I-III.2)
4. Capital Coefficient (I/III.1)
Responsible Executive: ______________________________

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CAPITAL FUND REQUIREMENT CALCULATION AS OF ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

account code | Assets and contingent rights subject to risk weighting | Balance | Weighting Factor | Weighted Balance --- | --- | --- | --- | --- 1110 | AVAILABILITIES | | | 01 | CASH | | | 0101 | Central Office - LC | | 0.0% | 0102 | Central Office - FC | | 0.0% | 0201 | Branches - LC | | 0.0% | 0202 | Branches - FC | | 0.0% | 0301 | Petty Cash - LC | | 0.0% | 0302 | Petty Cash - FC | | 0.0% | 0401 | Local Remittances in Transit - LC | | 20.0% | 0402 | Local Remittances in Transit - FC | | 20.0% | 9701 | Others - LC | | 100.0% | 9702 | Others - FC | | 100.0% | 02 | DEPOSITS IN THE CBR | | 0.0% | 03 | DOCUMENTS PAYABLE BY OTHER BANKS | | | 0100 | Pending Compensations | | 20.0% | 0200 | Rejections for Compensation | | 100.0% | 04 | DEPOSITS IN LOCAL BANKS | | 50.0% | 05 | DEPOSITS IN INVESTMENT BANKS | | 50.0% | 06 | DEPOSITS IN OTHER ENTITIES OF THE FINANCIAL SYSTEM | | 50.0% | 07 | DEPOSITS IN FOREIGN BANKS | | |

• Deposits in first-line foreign banks | | | |
• Deposits for the Liquidity Reserve | | 0.0% |
• Deposits in FLBs rated AAA to A- | | 20.0% |
• Deposits in FLBs rated BBB+ to BBB- | | 50.0% |

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CAPITAL FUND REQUIREMENT CALCULATION AS OF ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

account code | Assets and contingent rights subject to risk weighting | Balance | Weighting Factor | Weighted Balance --- | --- | --- | --- | ---

• Deposits in non-first-line banks | | 100.0% |
  0301 | Remittances in Transit - LC | | 20.0% | 0302 | Remittances in Transit - FC | | 20.0% | 9901 | Interest and other receivables - LC | | 100.0% | 9902 | Interest and other receivables - FC | | 100.0% | 08 | RESTRICTED DEPOSITS | | 100.0% | 1121 | OPERATIONS WITH REPURCHASE AGREEMENT | | | 01 | REPURCHASE OPERATIONS WITH THE CENTRAL RESERVE BANK | | 0.0% | 02 | REPURCHASE OPERATIONS WITH STATE ENTITIES | | 0.0% | 03 | REPURCHASE OPERATIONS WITH PRIVATE COMPANIES | | 100.0% | 04 | REPURCHASE OPERATIONS WITH INDIVIDUALS | | 100.0% | 05 | REPURCHASE OPERATIONS WITH LOCAL BANKS | | 100.0% | 06 | REPURCHASE OPERATIONS WITH OTHER ENTITIES OF THE FINANCIAL SYSTEM | | 100.0% | 07 | REPURCHASE OPERATIONS WITH INVESTMENT BANKS | | 100.0% | 08 | STOCK MARKET OPERATIONS | | | 0101 | Issued by the Central Reserve Bank - LC | | 0.0% | 0102 | Issued by the Central Reserve Bank - FC | | 0.0% | 0201 | Issued by State entities - LC | | 0.0% | 0202 | Issued by State entities - FC | | 0.0% | 0301 | Issued by private companies - LC | | 100.0% | 0302 | Issued by private companies - FC | | 100.0% | 0401 | Issued by investment banks - LC | | 100.0% | 0402 | Issued by investment banks - LC | | 100.0% | 0501 | Issued by banks - LC | | 100.0% | 0502 | Issued by banks - FC | | 100.0% | 0601 | Issued by other entities of the Financial System - LC | | 100.0% |

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CAPITAL FUND REQUIREMENT CALCULATION AS OF ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

account code | Assets and contingent rights subject to risk weighting | Balance | Weighting Factor | Weighted Balance --- | --- | --- | --- | --- 0602 | Issued by other entities of the Financial System - FC | | 100.0% | 0701 | Issued by foreign entities - LC | | 100.0% | 0702 | Issued by foreign entities - FC | | 100.0% | 0801 | Issued by the Deposit Guarantee Institute - LC | | 0.0% | 0802 | Issued by the Deposit Guarantee Institute - FC | | 0.0% | 0901 | Issued by securitization funds - LC | | 100.0% | 0902 | Issued by securitization funds - FC | | 100.0% | 09 | REPURCHASE OPERATIONS WITH FOREIGN BANKS | | 100.0% | 1130 | AT FAIR VALUE WITH CHANGES IN EARNINGS (FV-IE) 01 | HELD FOR TRADING DEBT INSTRUMENTS OTHER THAN DERIVATIVES | | | 0101 | Issued by the Central Reserve Bank - LC | | 0.0% | 0102 | Issued by the Central Reserve Bank - FC | | 0.0% | 0201 | Issued by the State - LC | | 0.0% | 0202 | Issued by the State - FC | | 0.0% | 0301 | Issued by private companies - LC | | 100.0% | 0302 | Issued by private companies - FC | | 100.0% | 0401 | Issued by investment banks - LC | | 100.0% | 0402 | Issued by investment banks - FC | | 100.0% | 0501 | Issued by banks - LC | | 100.0% | 0502 | Issued by banks - FC | | 100.0% | 0601 | Issued by other entities of the Financial System - LC | | 100.0% | 0602 | Issued by other entities of the Financial System - FC | | 100.0% | 0701 | Issued by foreign institutions - LC | | |

• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CAPITAL FUND REQUIREMENT CALCULATION AS OF ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

account code | Assets and contingent rights subject to risk weighting | Balance | Weighting Factor | Weighted Balance --- | --- | --- | --- | ---

• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0702 | Issued by foreign institutions - FC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0801 | Issued by the Deposit Guarantee Institute - LC | | 0.0% | 0802 | Issued by the Deposit Guarantee Institute - FC | | 0.0% | 9801 | Adjustments for fair value fluctuation - LC | | 100.0% | 9802 | Adjustments for fair value fluctuation - FC | | 100.0% | 9901 | Interest and other receivables - LC | | 100.0% | 9902 | Interest and other receivables - FC | | 100.0% | 02 | HELD FOR TRADING DERIVATIVES | | | 0101 | Forward - LC | | 100.0% | 0102 | Forward - FC | | 100.0% | 0201 | Swaps - LC | | 100.0% | 0202 | Swaps - FC | | 100.0% | 0301 | Options - LC | | 100.0% | 0302 | Options - FC | | 100.0% | 03 | DEBT INSTRUMENTS DESIGNATED AT FAIR VALUE WITH CHANGES IN EARNINGS | | | 0101 | Issued by the Central Reserve Bank - LC | | 0.0% | 0102 | Issued by the Central Reserve Bank - FC | | 0.0% | 0201 | Issued by the State - LC | | 0.0% | 0202 | Issued by the State - FC | | 0.0% | 0301 | Issued by private companies - LC | | 100.0% | 0302 | Issued by private companies - FC | | 100.0% |

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CAPITAL FUND REQUIREMENT CALCULATION AS OF ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

account code | Assets and contingent rights subject to risk weighting | Balance | Weighting Factor | Weighted Balance --- | --- | --- | --- | --- 0401 | Issued by investment banks - LC | | 100.0% | 0402 | Issued by investment banks - FC | | 100.0% | 0501 | Issued by banks - LC | | 100.0% | 0502 | Issued by banks - FC | | 100.0% | 0601 | Issued by other entities of the Financial System - LC | | 100.0% | 0602 | Issued by other entities of the Financial System - FC | | 100.0% | 0701 | Issued by foreign institutions - LC | | |

• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0702 | Issued by foreign institutions - FC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0801 | Issued by the Deposit Guarantee Institute - LC | | 0.0% | 0802 | Issued by the Deposit Guarantee Institute - FC | | 0.0% | 9801 | Adjustments for fair value fluctuation - LC | | 100.0% | 9802 | Adjustments for fair value fluctuation - FC | | 100.0% | 9901 | Interest and other receivables - LC | | 100.0% | 9902 | Interest and other receivables - FC | | 100.0% | 1131 | AT FAIR VALUE WITH CHANGES IN OTHER COMPREHENSIVE INCOME (FV-OCI) 01 | DEBT INSTRUMENTS REPRESENTATIVE OF DEBT | | | 0101 | Issued by the Central Reserve Bank - LC | | 0.0% |

DE INVERSIÓN
Approval: 09/30/2025
Validity: 10/15/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CAPITAL FUND REQUIREMENT CALCULATION AS OF ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

account code | Assets and contingent rights subject to risk weighting | Balance | Weighting Factor | Weighted Balance --- | --- | --- | --- | --- 0102 | Issued by the Central Reserve Bank - FC | | 0.0% | 0201 | Issued by the State - LC | | 0.0% | 0202 | Issued by the State - FC | | 0.0% | 0301 | Issued by private companies - LC | | 100.0% | 0302 | Issued by private companies - FC | | 100.0% | 0401 | Issued by investment banks - LC | | 100.0% | 0402 | Issued by investment banks - FC | | 100.0% | 0501 | Issued by banks - LC | | 100.0% | 0502 | Issued by banks - FC | | 100.0% | 0601 | Issued by other entities of the Financial System - LC | | 100.0% | 0602 | Issued by other entities of the Financial System - FC | | 100.0% | 0701 | Issued by foreign institutions - LC | | |

• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0702 | Issued by foreign institutions - FC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0801 | Issued by the Deposit Guarantee Institute - LC | | 0.0% | 0802 | Issued by the Deposit Guarantee Institute - FC | | 0.0% | 9801 | Adjustments for fair value fluctuation - LC | | 100.0% | 9802 | Adjustments for fair value fluctuation - FC | | 100.0% | 9901 | Interest and other receivables - LC | | 100.0% | 9902 | Interest and other receivables - FC | | 100.0% | 1132 | AT FAIR VALUE WITH CHANGES IN OTHER COMPREHENSIVE INCOME (FV-OCI) 01 | EQUITY INSTRUMENTS DESIGNATED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | | | 0101 | Issued by the Central Reserve Bank - LC | | 0.0% | 0102 | Issued by the Central Reserve Bank - FC | | 0.0% | 0201 | Issued by the State - LC | | 0.0% | 0202 | Issued by the State - FC | | 0.0% | 0301 | Issued by private companies - LC | | 100.0% | 0302 | Issued by private companies - FC | | 100.0% | 0401 | Issued by investment banks - LC | | 100.0% | 0402 | Issued by investment banks - FC | | 100.0% | 0501 | Issued by banks - LC | | 100.0% | 0502 | Issued by banks - FC | | 100.0% | 0601 | Issued by other entities of the Financial System - LC | | 100.0% | 0602 | Issued by other entities of the Financial System - FC | | 100.0% | 0701 | Issued by foreign institutions - LC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0702 | Issued by foreign institutions - FC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0801 | Issued by the Deposit Guarantee Institute - LC | | 0.0% | 0802 | Issued by the Deposit Guarantee Institute - FC | | 0.0% | 9801 | Adjustments for fair value fluctuation - LC | | 100.0% | 9802 | Adjustments for fair value fluctuation - FC | | 100.0% | 9901 | Interest and other receivables - LC | | 100.0% | 9902 | Interest and other receivables - FC | | 100.0% | 1133 | AT FAIR VALUE WITH CHANGES IN OTHER COMPREHENSIVE INCOME (FV-OCI) 01 | DERIVATIVE INSTRUMENTS DESIGNATED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | | | 0101 | Forward - LC | | 100.0% | 0102 | Forward - FC | | 100.0% | 0201 | Swaps - LC | | 100.0% | 0202 | Swaps - FC | | 100.0% | 0301 | Options - LC | | 100.0% | 0302 | Options - FC | | 100.0% | 1134 | AT FAIR VALUE WITH CHANGES IN OTHER COMPREHENSIVE INCOME (FV-OCI) 01 | EQUITY INSTRUMENTS DESIGNATED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | | | 0101 | Issued by the Central Reserve Bank - LC | | 0.0% | 0102 | Issued by the Central Reserve Bank - FC | | 0.0% | 0201 | Issued by the State - LC | | 0.0% | 0202 | Issued by the State - FC | | 0.0% | 0301 | Issued by private companies - LC | | 100.0% | 0302 | Issued by private companies - FC | | 100.0% | 0401 | Issued by investment banks - LC | | 100.0% | 0402 | Issued by investment banks - FC | | 100.0% | 0501 | Issued by banks - LC | | 100.0% | 0502 | Issued by banks - FC | | 100.0% | 0601 | Issued by other entities of the Financial System - LC | | 100.0% | 0602 | Issued by other entities of the Financial System - FC | | 100.0% | 0701 | Issued by foreign institutions - LC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0702 | Issued by foreign institutions - FC | | |
• Securities with country risk rating of the issuer categories AAA to AA- | | 0.0% |
• Securities with country risk rating of the issuer A+ to A- | | 20.0% |
• Securities with country risk rating of the issuer BBB+ to BBB- | | 50.0% |
• Securities with country risk rating of the issuer BB+ to B- | | 100.0% |
• Securities with country risk rating of the issuer below B- and unclassified | | 150.0% |
  0801 | Issued by the Deposit Guarantee Institute - LC | | 0.0% | 0802 | Issued by the Deposit Guarantee Institute - FC | | 0.0% | 9801 | Adjustments for fair value fluctuation - LC | | 100.0% | 9802 | Adjustments for fair value fluctuation - FC | | 100.0% | 9901 | Interest and other receivables - LC | | 100.0% | 9902 | Interest and other receivables - FC | | 100.0% |

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 0102 Issued by the Central Reserve Bank - ME 0.0% 0201 Issued by the State - ML 0.0% 0202 Issued by the State - ME 0.0% 0301 Issued by private companies ML 100.0% 0302 Issued by private companies ME 100.0% 0401 Issued by investment banks -ML 100.0% 0402 Issued by investment banks -ME 100.0% 0501 Issued by banks ML 100.0% 0502 Issued by banks ME 100.0% 0601 Issued by other entities of the Financial System ML 100.0% 0602 Issued by other entities of the Financial System ME 100.0% 0701 Issued by foreign institutions ML

• Values with issuer country risk rating categories AAA to AA- 0.0%
• Values with issuer country risk rating A+ to A- 20.0%
• Values with issuer country risk rating BBB+ to BBB- 50.0%
• Values with issuer country risk rating BB+ to B- 100.0%
• Values with issuer country risk rating lower than B- and unrated 150.0%
  0702 Issued by foreign institutions ME
• Values with issuer country risk rating categories AAA to AA- 0.0%
• Values with issuer country risk rating A+ to A- 20.0%
• Values with issuer country risk rating BBB+ to BBB- 50.0%
• Values with issuer country risk rating BB+ to B- 100.0%
• Values with issuer country risk rating lower than B- and unrated 150.0%
  0801 Issued by the Deposit Guarantee Institute - ML 0.0% 0802 Issued by the Deposit Guarantee Institute - ME 0.0% 9801 Fair value fluctuation adjustments-ML 100.0% 9802 Fair value fluctuation adjustments-ME 100.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 9901 Interest and other receivables ML 100.0% 9902 Interest and other receivables ME 100.0% 1132 FINANCIAL DERIVATIVES FOR HEDGING 01 FAIR VALUE HEDGING 0101 Forward-ML 100.0% 0102 Forward-ME 100.0% 0201 Swaps-ML 100.0% 0202 Swaps-ME 100.0% 0301 Options-ML 100.0% 0302 Options-ME 100.0% 02 CASH FLOW HEDGING 0101 Forward-ML 100.0% 0102 Forward-ME 100.0% 0201 Swaps-ML 100.0% 0202 Swaps-ME 100.0% 0301 Options-ML 100.0% 0302 Options-ME 100.0% 1134 AT AMORTIZED COST 00 DEBT INSTRUMENTS WITH QUOTED PRICE 0101 Issued by the Central Reserve Bank - ML 0.0% 0102 Issued by the Central Reserve Bank - ME 0.0% 0201 Issued by the State - ML 0.0% 0202 Issued by the State - ME 0.0% 0301 Issued by private companies ML 100.0% 0302 Issued by private companies ME 100.0% 0401 Issued by investment banks -ML 100.0% 0402 Issued by investment banks -ME 100.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 0501 Issued by banks ML 100.0% 0502 Issued by banks ME 100.0% 0601 Issued by other entities of the Financial System ML 100.0% 0602 Issued by other entities of the Financial System ME 100.0% 0701 Issued by foreign institutions ML

• Values with issuer country risk rating categories AAA to AA- 0.0%
• Values with issuer country risk rating A+ to A- 20.0%
• Values with issuer country risk rating BBB+ to BBB- 50.0%
• Values with issuer country risk rating BB+ to B- 100.0%
• Values with issuer country risk rating lower than B- and unrated 150.0%
  0702 Issued by foreign institutions ME
• Values with issuer country risk rating categories AAA to AA- 0.0%
• Values with issuer country risk rating A+ to A- 20.0%
• Values with issuer country risk rating BBB+ to BBB- 50.0%
• Values with issuer country risk rating BB+ to B- 100.0%
• Values with issuer country risk rating lower than B- and unrated 150.0%
  0801 Issued by the Deposit Guarantee Institute - ML 0.0% 0802 Issued by the Deposit Guarantee Institute - ME 0.0% 9801 Fair value fluctuation adjustments-ML 100.0% 9802 Fair value fluctuation adjustments-ME 100.0% 9901 Interest and other receivables ML 100.0% 9902 Interest and other receivables ME 100.0% 01 DEBT INSTRUMENTS WITHOUT QUOTED PRICE 0101 Issued by the Central Reserve Bank - ML 0.0% 0102 Issued by the Central Reserve Bank - ME 0.0% 0201 Issued by the State - ML 0.0% 0202 Issued by the State - ME 0.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 0301 Issued by private companies ML 100.0% 0302 Issued by private companies ME 100.0% 0401 Issued by investment banks -ML 100.0% 0402 Issued by investment banks -ME 100.0% 0501 Issued by banks ML 100.0% 0502 Issued by banks ME 100.0% 0601 Issued by other entities of the Financial System ML 100.0% 0602 Issued by other entities of the Financial System ME 100.0% 0701 Issued by foreign institutions ML

• Values with issuer country risk rating categories AAA to AA- 0.0%
• Values with issuer country risk rating A+ to A- 20.0%
• Values with issuer country risk rating BBB+ to BBB- 50.0%
• Values with issuer country risk rating BB+ to B- 100.0%
• Values with issuer country risk rating lower than B- and unrated 150.0%
  0702 Issued by foreign institutions ME
• Values with issuer country risk rating categories AAA to AA- 0.0%
• Values with issuer country risk rating A+ to A- 20.0%
• Values with issuer country risk rating BBB+ to BBB- 50.0%
• Values with issuer country risk rating BB+ to B- 100.0%
• Values with issuer country risk rating lower than B- and unrated 150.0%
  0801 Issued by the Deposit Guarantee Institute - ML 0.0% 0802 Issued by the Deposit Guarantee Institute - ME 0.0% 9801 Fair value fluctuation adjustments-ML 100.0% 9802 Fair value fluctuation adjustments-ME 100.0% 9901 Interest and other receivables ML 100.0% 9902 Interest and other receivables ME 100.0% 1138 RESTRICTED FINANCIAL INSTRUMENTS

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 01 AT FAIR VALUE WITH CHANGES IN RESULTS 0101 Held for trading other than derivatives ML 100.0% 0102 Held for trading other than derivatives ME 100.0% 0201 Designated at fair value with changes in results ML 100.0% 0202 Designated at fair value with changes in results ME 100.0% 9901 Interest and other receivables ML 100.0% 9902 Interest and other receivables ME 100.0% 02 AT FAIR VALUE WITH CHANGES IN OCI 0101 Debt-representing instruments ML 100.0% 0102 Debt-representing instruments ME 100.0% 9901 Interest and other receivables ML 100.0% 9902 Interest and other receivables ME 100.0% 03 AT AMORTIZED COST 0101 Debt instruments with quoted price ML 100.0% 0102 Debt instruments with quoted price ME 100.0% 0201 Debt instruments without quoted price ML 100.0% 0202 Debt instruments without quoted price ME 100.0% 9901 Interest and other receivables ML 100.0% 9902 Interest and other receivables ME 100.0% 1141 LOANS AGREED FOR UP TO ONE YEAR TERM 01 LOANS TO STATE ENTITIES 100.0% 02 LOANS TO PRIVATE COMPANIES 100.0% 03 LOANS TO INDIVIDUALS 100.0% 04 LOANS TO BANKS 100.0% 05 LOANS TO OTHER ENTITIES OF THE SYSTEM 100.0% 07 LOANS TO NON-RESIDENT COMPANIES 100.0% 08 LOANS TO INVESTMENT BANKS

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 0101 To cover cash deficit - ML 50.0% 0102 To cover cash deficit - ME 50.0% 0301 Loans convertible into shares - ML 100.0% 0302 Loans convertible into shares - ME 100.0% 0401 Original grants - ML 50.0% 0402 Original grants - ME 50.0% 9901 Interest and other receivables - ML 100.0% 9902 Interest and other receivables - ME 100.0% 99 DISBURSEMENTS AND RECOVERIES TO BE APPLIED 100.0% 1142 LOANS AGREED FOR MORE THAN ONE YEAR TERM 01 LOANS TO STATE ENTITIES 100.0% 02 LOANS TO PRIVATE COMPANIES 100.0% 03 LOANS TO INDIVIDUALS 100.0% 04 LOANS TO BANKS 100.0% 05 LOANS TO OTHER ENTITIES OF THE SYSTEM 100.0% 07 LOANS TO NON-RESIDENT COMPANIES 100.0% 08 LOANS TO INVESTMENT BANKS 0101 Loans convertible into shares - ML 100.0% 0102 Loans convertible into shares - ME 100.0% 0401 Original grants - ML 50.0% 0402 Original grants - ME 50.0% 9901 Interest and other receivables - ML 100.0% 9902 Interest and other receivables - ME 100.0% 1148 OVERDUE LOANS 100.0% 06 LOANS TO AGENCIES AND SUBSIDIARIES ABROAD -100.0% 1149 PROVISION FOR UNCOLLECTIBLE LOANS 01 PROVISION FOR UNCOLLECTIBLE LOANS

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 0101 Provisions by risk category ML -100.0% 0102 Provisions by risk category ME -100.0% 0201 Provisions for excess of related credits ML -100.0% 0202 Provisions for excess of related credits ME -100.0% 0401 Restricted provisions ML -100.0% 0402 Restricted provisions ME -100.0% 0501 Provision for portfolio management risk ML -100.0% 0502 Provision for portfolio management risk ME -100.0% 0601 Generic provisions ML -100.0% 0602 Generic provisions ME -100.0% 0701 Provisions for borrower rating risks ML -100.0% 0702 Provisions for borrower rating risks ME -100.0% 0801 Special provisions ML -100.0% 0802 Special provisions ME -100.0% 114GBI * LOANS GUARANTEED BY INVESTMENT BANKS -50.0%

• LOANS GUARANTEED BY FIRST-LINE FOREIGN BANKS
• Guaranteed by foreign banks rated AAA to AA- -80.0%
• Guaranteed by foreign banks rated A+ to A- -80.0%
• Guaranteed by foreign banks rated BBB+ to BBB- -50.0%
  114GDBI * LOANS FULLY GUARANTEED WITH LEGAL TENDER DEPOSITS -80.0% 114GAFL * LOANS FULLY GUARANTEED WITH EASY LIQUIDATION ASSETS -80.0% 114GSGRBI LOANS WITH GUARANTEE FROM RECIPROCAL GUARANTEE COMPANIES 50.0% 1210 BALANCES BETWEEN COMPANIES 00 BALANCES BETWEEN COMPANIES 0101 Balances with national agencies ML 100.0% 0102 Balances with national agencies ME 100.0% 0301 Balances with national subsidiaries ML 100.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 0302 Balances with national subsidiaries ME 100.0% 1220 3210 03 ASSETS RECEIVED IN PAYMENT OR ADJUDICATED 100.0% EXTRAORDINARY ASSET RESERVES -100.0% 1230 INVENTORY 100.0% 1240 EXPENSES PAID IN ADVANCE 100.0% 1250 ACCOUNTS RECEIVABLE 100.0% 1251 TAXES 100.0% 1259 ESTIMATED LOSS FROM IMPAIRMENT -100.0% 1261 PURCHASED GOODWILL 100.0% 1270 ASSETS HELD FOR SALE 100.0% 1310 NON-DEPRECIABLE 100.0% 1320 DEPRECIABLE 100.0% 1329 ACCUMULATED DEPRECIATION AND IMPAIRMENT(O) -100.0% 1330 INTANGIBLES 100.0% 1339 ACCUMULATED AMORTIZATION AND IMPAIRMENT -100.0% 2111 99 DEPOSITS AS GUARANTEE FOR CREDIT LETTERS -50.0% 2112 02 DEPOSITS AS GUARANTEE FOR CREDIT LETTERS -50.0% 4110 CREDIT LETTERS 50.0% 4120 GUARANTEES AND BONDS 100.0% 01 0501 Foreign branches, subsidiaries, agencies and banks ML -100.0% 01 0502 Foreign branches, subsidiaries, agencies and banks - ME -100.0% 02 02 0501 0502 Foreign branches, subsidiaries, agencies and banks - ML Foreign branches, subsidiaries, agencies and banks - ME -100.0% -100.0% 03 0501 Foreign branches, subsidiaries, agencies and banks - ML -100.0% 03 0502 Foreign branches, subsidiaries, agencies and banks - ME -100.0% 04 0501 Foreign branches, subsidiaries, agencies and banks - ML -100.0% 04 0502 Foreign branches, subsidiaries, agencies and banks - ME -100.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025

Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Contingent Assets and Rights Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance

• Guarantees and Bonds fully guaranteed by legal tender deposits -100.0%
• Guarantees and Bonds guaranteed by first-line banks
• Guaranteed by foreign banks rated AAA to AA- -80.0%
• Guaranteed by foreign banks rated A+ to A- -80.0%
• Guaranteed by foreign banks rated BBB+ to BBB- -50.0%
• Guarantees and Bonds without any guarantee -50.0%
  AVALGAFL * Guarantees and Bonds fully guaranteed by easy liquidation assets -80.0% 4130 OPERATIONS WITH FINANCIAL DERIVATIVE INSTRUMENTS 50.0% 4180 OTHER CONTINGENT ACCOUNTS 50.0% TOTAL OF WEIGHTED ASSETS

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025
Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$)

Account Code Liabilities, Future Commitments and Contingencies Subject to Risk Weighting Balance Risk Weighting Factor Weighted Balance 210 FINANCIAL LIABILITIES AT FAIR VALUE WITH CHANGES IN RESULTS (FVCR) 100.0% 2110 CHECKING DEPOSITS 100.0% 2111 AGREED DEPOSITS FOR UP TO ONE YEAR TERM 100.0% 2112 AGREED DEPOSITS FOR MORE THAN ONE YEAR TERM 100.0% 2113 NEGOTIABLE DEPOSIT CERTIFICATES 100.0% 2114 RESTRICTED AND INACTIVE DEPOSITS 100.0% 2115 OPERATIONS WITH REPURCHASE AGREEMENTS 100.0% 2116 AGREED LOANS FOR UP TO ONE YEAR TERM 100.0% 2117 AGREED LOANS FOR MORE THAN ONE YEAR TERM 100.0% 2118 AGREED LOANS FOR FIVE OR MORE YEARS TERM 100.0% 2119 SUBORDINATED LOANS 100.0% 212 ISSUED SECURITIES 01 AGREED FOR UP TO ONE YEAR TERM 100.0% 02 TOKENIZED SECURITIES FOR UP TO ONE YEAR TERM 100.0% 03 AGREED FOR MORE THAN ONE YEAR AND LESS THAN FIVE YEARS TERM 100.0% 04 AGREED FOR FIVE OR MORE YEARS TERM 100.0% 05 TOKENIZED SECURITIES FOR MORE THAN ONE YEAR TERM 100.0% 213 DEMAND OBLIGATIONS 100.0% 221 BALANCES BETWEEN COMPANIES 100.0% 222 ACCOUNTS PAYABLE 100.0% 224 WITHHOLDINGS AND EMPLOYER CONTRIBUTIONS 100.0% 2240 PROVISIONS 100.0% 2241 LIABILITIES ASSOCIATED WITH ASSETS 100.0% 2242 STOCK-BASED PAYMENT OPTIONS 100.0% 225 DEFERRED LIABILITIES 100.0% 5 CONTINGENT COMMITMENTS 100.0% TOTAL LIABILITIES, FUTURE COMMITMENTS AND CONTINGENCIES 100.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025
Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$) Balance Risk Weighting Factor Weighted Balance
I. TOTAL WEIGHTED ASSETS
II. REQUIREMENT OF THE _____ ON WEIGHTED ASSETS
DETERMINATION OF EQUITY CAPITAL
PRIMARY CAPITAL
3110 SUBSCRIBED SOCIAL CAPITAL 100.0%
3120 CAPITAL RESERVES 100.0%
Total Primary Capital
PLUS
COMPLEMENTARY CAPITAL
3130 RESULTS TO BE APPLIED
313001 RESULTS FROM PRIOR YEARS 100.0%
313002 RESULTS FROM THE CURRENT YEAR 50.0%
3140 SHARE PREMIUMS 100.0%
3210 NON-DISTRIBUTABLE PROFITS
ACCRUED INCOME NOT RECEIVED 100.0%
1149010301 VOLUNTARY PROVISIONS ML 50.0%
1149010302 VOLUNTARY PROVISIONS ME 50.0%
21MAS1ANIO LOANS CONVERTIBLE INTO SHARES AGREED FOR MORE THAN ONE YEAR TERM 100.0% 2119010101 SUBORDINATED DEBT WITH FOREIGN FIRST-LINE INST. ML 1/ 100.0% 2119010102 SUBORDINATED DEBT WITH FOREIGN FIRST-LINE INST. ME 1/ 100.0% Balance of subordinated debt before the 5th year to maturity 0.0% Balances from the start of the 5th year before maturity -20.0% Balances from the start of the 4th year before maturity -40.0% Balances from the start of the 3rd year before maturity -60.0%

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025
Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$) Balance Risk Weighting Factor Weighted Balance Balances from the start of the 2nd year before maturity -80.0% Balances from the start of the 1st year before maturity -100.0% MINUS:
LOSSES -100.0%
Total Complementary Capital (up to the sum of primary capital) TOTAL PRIMARY AND COMPLEMENTARY CAPITAL MINUS:
4120010501 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ML 100.0% 4120010502 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS ME 100.0% 4120020501 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ML 100.0% 4120020502 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ME 100.0% 4120030501 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ML 100.0% 4120030502 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ME 100.0% 4120040501 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ML 100.0% 4120040502 FOREIGN BRANCHES, SUBSIDIARIES, AGENCIES AND BANKS-ME 100.0% 114106 LOANS TO AGENCIES AND SUBSIDIARIES ABROAD 100.0% 114206 LOANS TO AGENCIES AND SUBSIDIARIES ABROAD 100.0% 114806 LOANS TO AGENCIES AND SUBSIDIARIES ABROAD 100.0% 121000 BALANCES BETWEEN COMPANIES 1210000201 Balance with foreign agencies ML 100.0% 1210000202 Balances with foreign agencies ME 100.0% 1210000401 Balances with foreign subsidiaries ML 100.0% 1210000402 Balances with foreign subsidiaries ME 100.0% 1210000501 Balances with foreign banks ML 100.0% 1210000502 Balances with foreign banks ME 100.0% 1260 INVESTMENTS IN SHARES, RIGHTS AND PARTICIPATIONS 100.0%
III. TOTAL EQUITY CAPITAL

INVESTMENT BANKS
Approval: 30/09/2025
Validity: 15/10/2025
Annex No. 2
ENTITY: _____________________________________________________________________________

CALCULATION OF THE EQUITY CAPITAL REQUIREMENT AT ________ OF ___________ OF ______ (IN THOUSANDS OF US$) Balance Risk Weighting Factor Weighted Balance
IV. SURPLUS OR (DEFICIENCY) (III - II)
V. EQUITY COEFFICIENT (III / I)
I. TOTAL LIABILITIES, CONTINGENT COMMITMENTS

II. REQUIREMENT OF THE _____ ON LIABILITIES, CONT. COMMITMENTS

III. SURPLUS OR (DEFICIENCY) (EQUITY CAPITAL LESS REQUIREMENT)

IV. EQUITY COEFFICIENT (EQUITY CAPITAL / TOTAL L, C CONT)
1/ UP TO 50% OF THE VALUE OF PRIMARY CAPITAL AND 20% ACCUMULABLE DISCOUNT DURING THE FIVE YEARS TO MATURITY

• OFF-BALANCE SHEET DATA, SUBJECT TO VERIFICATION.
  2/ UP TO THE AMOUNT OF NET ASSETS OF PROVISIONS