Slide 1: BBVA Peru Investor Report First Quarter 2022
BBVA rtunidades: BBVA Peru Investor Report First Quarter 2022
Slide 2: Disclaimer
BBVA Creando Oportunidades Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA. This document contains public, own source and provided by third parties information, that can be corroborated with the specific sources. This document is only provi
Slide 3: Index
BBVA Creando Oportunidades Index O1 Peruvian Economy & Financial O4 Ratings System O2 About BBVA Peru O5 Social Responsibility and Awards O3 Financial Highlights APPENDIX Debt Issuances
Slide 4: Peruvian Economy & Financial System
Creando Oportunidades QO] Peruvian Economy & Financial System
Slide 5: Peruvian economy to grow 2.0% in 2022
ye After rebounding 13.3% in 2021, this year the economy will grow 2.0%, due to the beginning of operations of new copper mines and the normalization of permitted capacities GDP PRIVATE SPENDING (VARYOY) (VAR % YOY) 13.3 17.2 35 25 2.2 XX 0.5 2.2 2.0 2 24 ° e 06 29 23 23 3.0 25 -11.3 2019 2020 2021
Slide 6: Macroeconomic forecasts
6.4 5.5 5.0 4.8 5.5 5.0 2.3 2.5 5.0 4.8 2.3 2.5 0.3 2.6 2.0 0.3 1.9 2.6 Fuente BBVA Research Perú, FocusEconomics Consensus Forecast
Slide 7: 3T20 4T20 1T21 2T21 3T21 4T21
3T20 4T20 1T21 2T21 3T21 4T21 4T21 1T22 1T20 2T20
Slide 8: Peruvian Banking System loans and deposits
Regarding the Peruvian Banking System, loans grew in Retail, Corporates and Small Enterprises; while Deposits decreased in Business Demand and Saving PERFORMING LOANS AND DEPOSITS! (S/ THOUSAND MILLION) [ CARG: 8.6% —— CARG: 10.8% ‘| 258 243 330 330 331 329 303 Dec-18 Dec-19 mLoans Dec-20 Dec-21 = D
Slide 9: Peruvian Financial System
Peruvian Financial System yagci 2022) ial m Banks (16) 328,296 8.4% 322,979 2,506 153.7% Banco de la Nacién* 7,712 47% 38,706 163 75.4% Cajas Municipales (12) 26,785 12.6% 24,554 38 -360.4% Financieras (10) 11,493 14.1% 7,399 125 -345.0% Cajas Rurales (6)* 2,025 8.3% 1,611 2 108.3% Edpymes (8)* 2,45
Slide 10: About BBVA Peru
Creando Oportunidades Q2 About BBVA Peru
Slide 11: BBVA Peru belongs to the Economic Group formed by BBVA Group and Breca
BBVA Peru and Subsidiaries belong to the Economic Group formed by BBVA Group and Breca 50.00% 50.00% BBVA Pert Holding —_ Holding Continental S.A.C S.A (Grupo BBVA) (Grupo Breca) 46.12% 46.12% 92.24% Otros r 7.76% BBVA Pert Comercializadora Corporativa S.A.C 0.01% 100% 99.99% 99.99% 100% 100% 100% 1
Slide 12: About BBVA Group
About BBVA Group BBVA’S GLOBAL PRESENCE MARCH 2022 Total assets customers Srentonrecs 676€bn —- 82.9m 41.5m oe : countfies employees branches >25. 111,402 6,071 li OUR PURPOSE DIVERSIFICATION UNDER A DECENTRALIZED MODEL TOTAL ASSETS" GROSS INCOME? (MARCH 2022) awe Rest of Rest of Business Business p
Slide 13: Principles of BBVA Group's self-sufficient business model
Principles of BBVA Group's self-sufficient business model: Multiple Point of Entry QBeevsiciaves 4 Self-sufficient balance-sheet management « Own capital and liquidity management 4 Market access with its own credit, fame and rating a Responsible for doing busi ocally Bij orporate Center 4 «Guideline
Slide 14: BBVA Peru offers everyone the opportunities of this new era
BBVA Peru offer everyone the opportunities of this new era , We ensure the well- being of our employees and clients ag fre Keeping strict security protocols in our offices Giving health kits for fF | employees and protection for vulnerable groups. And full-time occupational physicians + In addition,
Slide 15: Financial Highlights
Creando Oportunidades QO3 Financial Highlights
Slide 16: Main Figures (March 2022)
Main Figures (arch 2022) High profitability and Net Income growth Mav (MSIRIS(S/MMUID) Lie) Kay) ROA (%, pbs) 42] «106610 18.18% +spevov 1.68% si22p0sv0v EFFICENCY RATIO (%) Adecuate Efficency +157 pos voy A] O 23% in 3M22 vs 43.81% Banking System With acontrolled cost of risk over time COST OF RISK
Slide 17: Strong Banking platform
Strong Banking platform DISTRIBUTION NETWORK" (yjaeci 2022) One of the largest in the country a With 18,547 points of service. a More than 7.6 million customers (+8.4 YoY). 18,270 18,590 18,442 18,547 13,621 ry | 11721 fy 16.392 FM 16469 fh 16.424 i 16.531 1,803 1710 \ os 1,560 1,710 aia Mag ME 30s
Slide 18: Mobile and digital clients
18 MOBILE TARGET ASSET CLIENTS DIGITAL UNITS (Retail + SMEs) Monetary Transactiones in the App Fastest growing categories % Digital Units 1Q21 1Q22 Credit cards 31% 51% Savings 40% 59% Consumer 42% 61% HIGHLIGHTS HIGHLIGHTS - - - - - - - Fuente BBVA Perú.
Slide 19: Loans and Deposits performance
Loans and Deposits performance (/ thousands mittion%) PERFORMING LOANS — CARG: +10.5% 4 664 69.5 66.3 66.4 . 16 18 mls se §.° Bis Uses Jeo 51.5 ° 43 13.2 ew 2) mw 22 12.9 13.6 13.6 B34 B40 a a2 ge eo peo 12.3 12.8 33 76 go 1719 72 63 [.. 12.9 I: I: I. | e I |. |. |. |. 16.4 I. Dec-18 Dec-19 Dec-20 M
Slide 20: Performing loans
Performing loans @/witiics, %) 3.5% - -74 bps 4] RETAIL LOANS care 11.5% 66,408 . [saps | 21,569 “Si system: 111,532 19,352 YoY: +15.1% 19.98% 19.34% 9 21.61% 20.86% Mar-21 Mar-22 mmm Loans <—@®Market share BUSINESS LOANS Mar-21 Mar-22 0.2% lar lar rT Does —] mmm Loans —®Market share 47,056 47157 Sy
Slide 21: Market share - Loans
Market share - Loans Consumer + Credit cards 65 [ pbs | 5 13% 14% PREM Gap 1504 22% 22% an | an | BBVA Bank1 Bank 3 Bank 4 Mortgage 115 [ pbs } 349% 340, 26% 259 ° % 17% 1% 159 ee | BBVA Bank 1 Bank 3 Bank 4 We are on the way to becoming a Retail Bank, with YoY growth in the share of Consumer + Cred
Slide 22: Well diversified loan portfolio
Well diversified loan portfolio LOANS BREAKDOWN 0.2% ug 3% ua 1% ua 1% 40% 9% 6% 8% e. ae 1% B70 = 71% a I... 19.6% a 48% (37% fm 2.8% I: 5% 6.9% fi 24.8% 1 i i | [ I 1% I 5% | m3. fer | 19.8% 3.8% | £E 237% | 176% 23.3% I Dec - 19 Dec-20 Dec-21 Mar-22 Mar-22 BBVA Banking System = Corporativos = Gra
Slide 23: Deposits
Deposits! (S/Million, %) -8.0% ae 67,595 20.12% 19.24% Mar-21 Mar-22 mam Deposits ~@®- Market share System: 322,979 9% After the important growth of Deposits during the pandemic, we begin to observe a normalization of balances in Retailand Business resources. 1 Other obligations are excluded from de
Slide 24: Market share - Deposits
Market share - Deposits! RETAIL DEPOSITS Demand + Saving [ obs 1S psy 43% 44% 21% 21% i 14% 59 13%) 2% 15% | te an BBVA Bank 1 Bank 3 Bank 4 Term 6 [pbs ¥ 14% 14% 13%14% 12% 12% 15% 13% BBVA Bank 1 Bank 3 Bank 4 CTS 47 [pbs | 45% 45% 20% 21% i 9% 89 12% % 12% 1< nn = a BBVA Bank 1 Bank 3 Bank 4 BUSI
Slide 25: Liabilities and capital breakdown
Liabilities and capital breakdown LOCAL CURRENCY FOREIGN CURRENCY 3% m 4% 3% 4% m4% 1a% | 1% i 15% | 14% 17% ; ° 21% 15% 16% 15% 19% 6% 9 Ho% om oe 6% | 4% i = 2% 9 TI%* 4% a” | 16% 14% Bi 12% 5 306 Lo 3% 3% B 16% 5% 9 i 4% 22% = 3% | 2 8% ee 0, 2% ’ — 1% 19% mm 50, 7% ry 2% a” Bs 14% 67% 60% 65% 46
Slide 26: High level of self-financing and balance sheet in local currency
High level of self-financing and balance sheet in local currency LOAN TO DEPOSIT! — PEER GROUP LOAN TO DEPOSITS! BY CURRENCY 124% 125% 141% 141% * 5 119% rg 115% am 102% 109 mt aes f Tole = 110% 11% 33% 39% o5% 9% 60% 66% 68% Dec-18 Dec-19 Dec-20 Dec-21 Mar-22 Dec-18 Dec-19 Dec-20 Dec-21 Mar-22 —Ban
Slide 27: BBVA Profit & Loss
BBVA Profit & Loss (S/ Million) bs Financial Income 974 1,110 136 —-14.0 Financial Expenses (169) (167) 2 (1.3) Gross Financial Margin 804 943 138 17.2 Provisions for direct loans (404) (123) 280 (69.5) Net Financial Margin 401 819 419 104.6 Net Fees and Comissions 25 12.0 Gain / Loss From Financial
Slide 28: Gross financial Margin
Gross financial Margin (s/ wiioss.%) 9) Var 1Q22 vs 1921 6.26% 6.48% 521% 5.05% 550. 5.38% ° + 40pbs 9 % 9 5 0/, 2.89% 3.30% 7 2.92% 4,439 4,746 4,254 4,209 4346 +6.5% (1,320) (1,373) (1,049) (635) (633) — -30.1% 2018 2019 2020 2021 Annual 1Q22 mam Financial Expenses wae Financial Income —NIM' NIM P
Slide 29: Asset quality of BBVA Peru
Asset quality of BBVA Peru OUTSTANDING ASSET QUALITY 192.88% 163.35% 167.17% Dec-18 Dec-19 Dec-20 Dec-21 Mar-22 Cost of risk ONPL ratio mCoverage ratio Source: SBS, ASBANC 161.84% 155.53% NPL RATIO BY PRODUCT AND SEGMENT (MARCH 2022) YoY System Avg. Credit Card 3.08% —* -668pbs 3.98% Consumer 2.338%
Slide 30: Risk management of BBVA Peru vs Peer Group
Risk management of BBVA Peru vs Peer Group COST OF RISK! VS. PEER GROUP 5.02% NPL RATIO & COVERAGE RATIO (yagci 2022) Banking System Average 152.85% 145.85% 155.53% 159.17% 2.71% 151.83% 1.73% |: YoY 1.35% 1.46% 4 1.06% -228 pbs 3.81% | : : ee lee % -217 pb: SHAG 1.20% 1.36% 0.68% pbs . = 0.62% -340
Slide 31: Other Financial Income
Other Financial Income ¢ wiions.%) Var 1922 vs 1921 1,511 1,483 44.3% 1,508 1,400 1 1,345 678 631 5.1% 565 668 644 850 862 869 O48 975 +8.0% (79) (1) (3) 8) (123) 45.7% 2018 2019 2020 2021 Annual 1Q22 m= Net Fees and Comissions m Profit or loss from operational results = Other income & expenses The
Slide 32: Expenses management
Expenses management (MARCH 2022) ADMINISTRATIVE EXPENSES} (S/ MILLION, %) (VAR YOY) EFFICIENCY RATIO YoY 9.7% i Bank 4 | 44.13% >» +536 pbs 1,110 H 1,013 13.8% i% BBVA 4).23% = ———* #18 pbs rd 4 9.6% | i ays 540 38 } Bank 1 40.20% >» #28 pbs 389 333. 365 | | | | Bank 3 376% » “ASpbs Bank 1 BBVA Bank
Slide 33: Profitability management
Profitability management (azci 2022 NET PROFIT (S/ MILLION, %) RETURN ON EQUITY — ROE BBVA ga 18.18% Bank1 18.94% Bank4 21.56% Bank 3 12.24% 15.78% Banking System Average YoY ——» +122 pbs >» +162 pbs > +156 pbs > +177 pbs (VAR YOY) 142.8% 1,118 106.3% 169.2% 134.2% 460 421 8/6 314 1 | 140 134 | I I
Slide 34: Solvency management
Solvency management REGULATORY CAPITAL & RWA (S/ MILLION) CAPITAL RATIOS As of March 2022, a 10.66% ratio, according to the Letter 02097-2022, is registered (minimum required: 10%) 77,820 84328 _88,998 66,830 76,706 ‘oag ST 12,461 14 1. 14.05% 13:68% 14.13% 14.49% oog9 10.776 " " 3,271 3,138 [. 35%
Slide 35: Ratings
O4 Ratings
Slide 36: International & local rating
International & local rating Rating agencies have granted BBVA Peru the Best international and local ratings (April 2022) INTERNATIONAL RATING LOCAL RATING Asociados — : Negotiable Certificate of Deposits ——l al Short term deposits Term deposits > 1 year = Corporate bonds AAA (pe) Subordinated bons
Slide 37: Social Responsibility and Awards
Creando Oportunidades QS Social Responsibility an Awards
Slide 38: BBVA's sustainable finance and Community Commitment 2021-2025
BBVA’s sustainable finance And through its Community Commitment 2021-2025² origination within its 2025 Pledge to promote inclusive growth: Target 2025 GREEN € 550 million 100 million € 7.000 million 80% investment in the community people reached in micro-loans to vulnerable entrepreneurs through BBV
Slide 39: Commitment to society: Programa LEER es estar adelante
We are recognized for mantaining our commitment to society Programa LEER es estar adelante It seeks to raise the level of reading comprehension of students in public schools in Peru. ef 1,030 Schools in 10 regions 134,814 Students that have been part of the Program
Slide 40: Cultural Activities
We are recognized for mantaining our commitment to society Cultural Activities ENCUENTRA y | a —— TU EL ENCUENTRO DEL Escucha p eruana en lé e tu le ANTIGUO PERU EL ARTE @ Portal and podcast for the dissemination of Peruvian poems in the voice of outstanding figures of art and MUSEO DE ARTE entertai
Slide 41: Awards
Our acctions have been highlighted nationally and internationally ~, Bank of the Best financial Year 2021 in institution in see ing to providing trade d finance services by unice, the British third consecutive ry a magazine year, according to i 8 ae ors" Global Finance ces PREMIOS First Peruvian ban
Slide 42: Appendix
Creando Oportunidades APPENDIX
Slide 43: Debt Issuance
Debt Issuance Source: BBVA Peru International Issued Coupon Bond Issue Date Call Date Due Date Currency Amount (m) Rate ISIN Corporativo Ago-12 - Ago-22 USD 500,000 5.00% — US05537GAA31-USP16260AA28. Subordinado Set-14 Set-24 Set-29 USD 300,000 5.25% ___USO5537GAD79-USP16236AG98 Corporativos Dic-11
Slide 44: BBVA Peru Investor Report First Quarter 2022
BBVA rtunidades: BBVA Peru Investor Report First Quarter 2022