Peru CAVALI S.A. ICLV

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1 Peru CAVALI S.A. I.C.L.V. Market Infrastructures in the Country Bolsa de Valores de Lima (Centralized Trading Market for equity and debt securities) Datos Técnicos S.A. (OTC Non- regulated Centralized Trading Market for equity and debt securities) GFI S.A. (OTC Non- regulated Centralized Trading Market for public debt) Banco Central de Reserva del Perú for the RTGS settlement of Stock Exchange transactions CSD CAVALI S.A. ICLV Date of Incorporation April 30, 1977 Shareholders Investors holding 5% or more of total equity o Bolsa de Valores de Lima Lima Stock Exchange (40.0%) o NCF Inversiones S.A. (10.0%) o Scotiabolsa S.A.B (5.0%) Investors holding less than 5% of total equity o Peruvian resident corporations (26.64%) o Peruvian resident persons (7.66%) o Peruvian non- resident corporations (10.68%) o Peruvian non- resident persons (0.02%) Publicly Traded Listed on Bolsa de Valores de Lima since 2007 Supervisory Entities Superintendencia del Mercado de Valores - SMV ( regarding its functions as an Clearing and Settlement Institution, and as Managing Entity of the Securities Settlement System Superintendencia Nacional de Administración Tributaria y Aduanas - SUNAT ( regarding its role of Withholding Tax Agent of Capital Gains and Interest. Banco Central de Reserva del Perú ( regarding the securities settlement system Superintendencia de Banca y Seguros - SBS ( regarding its status as the bound entity for asset money laundering transaction rules.

2 Markets served Bolsa de Valores de Lima (Centralized Trading Market for equity and debt securities) Technical Data SA (OTC Non- regulated Centralized Trading Market for equity and debt securities) GFI SA (OTC Non- regulated Centralized Trading Market for public debt) Integrated Latin American Market - MILA (selected equity from Peru, Chile and Colombia) Types of Securities Equities Corporate Debt Government Securities Money Market instruments Number of employees 88 Income Orientation for Profit Number of Participants 14 Commercial Banks and Financial Entities 24 Broker dealers 4 Pension Funds 2 Global CSD 1 Government Entity Total Participants: 45 Account Structure Beneficial owner Settlement Cycle T+3 for equity transactions in the stock exchange T+2 for fixed rate transactions in the stock exchange Settlement Model Fees Published on Website Responded to AGC Questionnaire BIS Model 2 for transactions on the Lima Stock Exchange. BIS Model 1 for OTC

3 Service Type of Service No Comments Depository, Custody % Dematerialized for equity, 100% Dematerialized for fixed rate Clearing For transactions on the Lima Stock Exchange Securities Settlement - Three daily settlement cycles - Gross settlement for equities and corporate bonds traded on the Lima Stock Exchange. - Gross settlement for public debt OTC trading mechanisms (Datos Tecnicos, S.A. and GFI) Cash Settlement - Three daily settlement cycles - Gross settlement for equities and corporate bonds traded on the Lima Stock Exchange. - Gross settlement for public debt OTC trading mechanisms (Datos Tecnicos, S.A. and GFI) Trade Matching Corporate Actions - Dividend payments and release of shares pledged are mandatorily processed by CAVALI - Other corporate events are held at the request of the issuer. Central Counter Party International Links Direct Participant in DTCC (United States) DVP Participant in CDS (Canada) DVP Participant in Euroclear (Europe and other markets) FOP Participant in Deceval (Colombia) MILA Participant in DCV (Chile) MILA International Securities Securities of the CSD with whom we have international links Collateral Accounts New Issues Processing Tax Withholding Services CAVALI is tax withholding agent for capital gains and interest for resident and non- resident beneficial owners National Numbering Agency Services for Derivatives Securities Lending Proxy Voting Service Only for the Integrated Latin American Market (MILA): CAVALI can attend shareholder meetings of Peruvian issuers to exercise the vote instructed by investors registered in Chilean (DCV) and Colombian (Deceval) depositories. Mutual Funds Services Other Services Registration and administration of retirement bonds Currency Settlement Registration of trade bills

4 2013 Main Achievements Automation of local and international corporate actions o Created a channel of direct communication with the Lima Stock Exchange and DTCC for the automation, control and monitoring of national and international corporate actions recorded in CAVALI. This has resulted in: Reduced operational risk Online confirmation by the Issuer Reduced compliance risk enhancing management of international corporate actions DVP Settlement CDS o Adjusting the infrastructure to handle delivery versus payment (DVP) transactions with CDS that settles for the Canadian exchanges. This has resulted in: Increased transactions traded in CDS handled by CAVALI Reduction in intermediary costs for local Brokers Foreclosures Automation o Direct exchange of information with the tax regulator, National Tax and Customs Administration (SUNAT) for the recording of foreclosures to holders that are in registration CAVALI. This allows: Reduction in operational risk by registering foreclosures automatically and not manually. Improved execution times of the process. Reduction in operating costs Improved quality of service Adaptation of the Securities Settlement System o Following regulations issued by the Commission of Securities (SMV for its acronym in Spanish), CAVALI adapted its legal and operational (policies, measures and controls) infrastructure to become the Managing Entity of Peruvian Settlements System. This resulted in: Adjusting to the Principles of IOSCO for FMIs Alignment with international practices for risk management Innovation Development of WARI, the technological platform of the company. After a development involving the main players of the securities market, CAVALI began operating a technology platform developed to meet the needs of the Peruvian market. WARI, in its four years of operation, has surpassed expectations supporting not only the key business operations (securities registration, settlement for the Lima Stock Exchange and debt trading mechanisms, etc.), but also the new market demands such as fulfilling our role as withholding agent to the capital gains and the improvement of our international services (accounts with Euroclear and CDS, MILA) among others.

5 Contacts Position Title Name Telephone President of the Board General Manager Legal and International Relationships Manager Service and Operations Manager Research and Business Manager Francis Stenning de Lavalle Víctor Sánchez Azañero Magaly Martínez Matto Claudio Arciniega Luces Vanessa Barton Vergani

Company Profile. Lima Stock Exchange. Country/Region. Name of CEO. Capital (US$) Number of Officers and Employees

Company Profile. Lima Stock Exchange. Country/Region. Name of CEO. Capital (US$) Number of Officers and Employees Company Profile Name of Stock Exchange Country/Region Name of CEO Capital (US$) BOLSA DE VALORES DE LIMA S.A.A. Lima Stock Exchange PERU Francis Stenning de Lavalle US$ 53 000,000 (aprox.) Number of Officers