Credicorp Ltd. · NYSE:BAP
Credicorp — Q2 2026 Earnings Presentation
82 slides from Credicorp's earnings presentation, August 2026
Slide 1: 2Q26 Corporate Presentation
Corporate Presentation 2Q26 Corporate Presentation August 2026
Slide 2: A Leading Financial Services Group in the Andean Region
A Leading Financial Services Group in the Andean Region, with Dominant Share in Each of its Businesses in Peru A Leading Financial Services Group in the Andean Region, with Dominant Share in Each of its Businesses in Peru Countries Market position Net Income Total Assets Lines of Business Subsidiari
Slide 3: Our Purpose and Vision
Our Purpose Contribute to improving lives by driving the changes that our countries need. Our Purpose Contribute to improving lives by driving the changes that our countries need. Our Vision We are a leading team in Latin America that generates the right impact on society, inspired to deliver innova
Slide 4: Strengthening Core Businesses and Leading in Innovation Through a Unified Digital Ecosystem
Strengthening Core Businesses and Leading in Innovation Through a Unified Digital Ecosystem Strengthening Core Businesses and Leading in Innovation Through a Unified Digital Ecosystem Reinforcing Leadership Position of Core Businesses Complementing Core Businesses and Operating as a Top Player Lever
Slide 5: A Disciplined Innovation Portfolio as a Growth Avenue
A Disciplined Innovation Portfolio as a Growth Avenue, Targeting a 10% Risk-adjusted Revenue Contribution by 2026 A Disciplined Innovation Portfolio as a Growth Avenue, Targeting a 10% Risk-adjusted Revenue Contribution by 2026 Innovation Portfolio Investment Appetite Other Yape reaches relevant mat
Slide 6: Our North Stars Serve as Foundation for Long-Term Ambitions
Our North Stars Serve as Foundation to Achieve Strong Performance And Driver Our Long-Term Ambitions Customer Experience Efficiency Growth Developing new More cost-efficient Penetrating untapped solutions for changing and digital segments customer needs distribution 2Q26 | Corporate Presentation 6
Slide 7: Why Invest in Credicorp?
Why Invest in Credicorp? Why Invest in Credicorp? Prioritizing Leading Market Positions in an 1 Underpenetrated Region with Clear Growth Avenues 2 Scaling an Integrated Digital Ecosystem Unlocking Synergies by Leveraging Shared 3 Capabilities Across the Ecosystem Delivering Strong, Resilient Returns
Slide 8: Unlocking Financial Access Where It's Needed Most
Unlocking Financial Access Where Itʼs Needed Most 1 Unlocking Financial Access Where Itʼs Needed Most Peruʼs Social Indicators Untapped Potential Opportunities in Peruʼs (2025) for Financial Services in Peru Unpenetrated Businesses Poverty (%of Population) 25.7% (%of GDP) Loans1 Dec 25 Deposits1 Dec
Slide 9: Enhancing Financial Access to Support Credit Portfolio Expansion
Enhancing Financial Access To Support the Expansion of Our Credit Portfolio While Strengthening Fees and Other Income Growth 1 Enhancing Financial Access To Support the Expansion of Our Credit Portfolio While Strengthening Fees and Other Income Growth Growth Opportunity Loans Fees and Other Income C
Slide 10: Why Invest in Credicorp?
Why Invest in Credicorp? Why Invest in Credicorp? Prioritizing Leading Market Positions in an 1 Underpenetrated Region with Clear Growth Avenues 2 Scaling an Integrated Digital Ecosystem Unlocking Synergies by Leveraging Shared 3 Capabilities Across the Ecosystem Delivering Strong, Resilient Returns
Slide 11: Digital Ecosystem Expansion Fueling Strong Client Growth and Engagement
Digital Ecosystem Expansion Fueling Strong Client Growth and Engagement 2 Digital Ecosystem Expansion Fueling Strong Client Growth and Engagement Credit Cards Number of BCP Clients1 and Consumer Acquiring Pension Loans Neobank Business Fund InMillions 19.7 17.8 15.1 12.7 9.6 10.8 8.5 7.4 Credicorp D
Slide 12: Strengthening our Ecosystem Through the Virtuous Cycle of Financial Inclusion
Strengthening our Ecosystem Through the Virtuous Cycle of Financial Inclusion 2 Strengthening our Ecosystem Through the Virtuous Cycle of Financial Inclusion More Access &Usage Ambition 2025 2028 More clients, higher usage Financially More Digital Included Peruvians¹ 6.6M 8.0 M Engagement Service In
Slide 13: Yape: Revenue Growth Fueled by Wider Adoption of New Payment Features
2 Yape: Revenue Growth Fueled by Wider Adoption of New Payment Features and Increased Transaction Volumes Opportunity Ambition Where We are So Far Fee Income: Payments and Payments: Monthly Revenue- Providing Access to Transactional Services Generating Transactions per MAU +19 M Clients (S/ millions
Slide 14: Yape: Lending Growth Potential Powered by Transactional Data
2 Yape: Lending Growth Potential Powered by Transactional Data Opportunity Ambition Where We are So Far Market Share for Loan Disbursed Clients Disbursements (million) 2028 Multiply Revenues Tickets between +8 Million S/ 2,000 - S/ 10,000 3x Pre-Approved Clients 14% Pre-approved 5.6 individual clien
Slide 15: Digital Ecosystem at Work: Unlocking Scalable Growth Across Businesses
Digital Ecosystem at Work: Unlocking Scalable Growth Across Businesses 2 Digital Ecosystem at Work: Unlocking Scalable Growth Across Businesses Bancassurance Ecosystem Mass Distribution Leveraging the Credicorp Ecosystem Product Factory Tailored Design Experimentation Mindset APIs as Tech Enablers N
Slide 16: Bancassurance: Leveraging Credicorp's Ecosystem to Capture Growth Opportunities
Bancassurance: Leveraging Credicorp's Ecosystem to 2 Capture Growth Opportunities Opportunity Ambition Where We are So Far Pacifico Premiums (S/ millions) 2030 Potencial to Access +18M Most Protected Country in Latam 1.6x Clients 2x 1,567 #Clients 2028 Insurance Penetration¹ 817 956 3x 2027 2.5% Ban
Slide 17: Supply Chain Finance: Capturing Growth Potential Across Segments
Supply Chain Finance: Capturing Growth Potential Across Segments 2 Supply Chain Finance: Capturing Growth Potential Across Segments Opportunity Ambition Where We are So Far Supply Chain Finance: 2030 Loans¹: SMEs are leading Factoring Penetration, 2024¹ growth in SCF (% of GDP) (S/ millions) One-Sto
Slide 18: Why Invest in Credicorp?
Why Invest in Credicorp? Why Invest in Credicorp? Prioritizing Leading Market Positions in an 1 Underpenetrated Region with Clear Growth Avenues 2 Scaling an Integrated Digital Ecosystem Unlocking Synergies by Leveraging Shared 3 Capabilities Across the Ecosystem Delivering Strong, Resilient Returns
Slide 19: Parenting Advantage: Using Data, AI, and Risk Management
Parenting Advantage: Using Data, AI, and Risk Management to Build a Scalable Digital Ecosystem 3 Parenting Advantage: Using Data, AI, and Risk Management to Build a Scalable Digital Ecosystem Strengthening tech capabilities Scaling AI to transform Risk Management to accelerate growth the way we oper
Slide 20: Technology Investments Drive Scalable Growth and Boost Operating Income
Technology Investments Drive Scalable Growth and Boost Operating Income 3 Technology Investments Drive Scalable Growth and Boost Operating Income Change since 2019 Operating Income and IT Opex Cybersecurity Risk (vulnerability exposure) (As %of Operating Income)1 -80% 2025 vs 20233 22.4 20.7 19.1 +1
Slide 21: Improvement in Risk Capabilities Significantly Benefited Credit Decisions
Improvement in Risk Capabilities Significantly Benefited Credit Decisions 3 Improvement in Risk Capabilities Significantly Benefited Credit Decisions Reduction TTM in BCPʼs Increase in origination volumes Drop in BCP consumer loan model TTM¹ for SME digital products Provisions (weeks) (S/ millions)
Slide 22: Why Invest in Credicorp?
Why Invest in Credicorp? Why Invest in Credicorp? Prioritizing Leading Market Positions in an 1 Underpenetrated Region with Clear Growth Avenues 2 Scaling an Integrated Digital Ecosystem Unlocking Synergies by Leveraging Shared 3 Capabilities Across the Ecosystem Delivering Strong, Resilient Returns
Slide 23: With Peru's Growth Moderating, We Turned Our Focus to Decoupling from the Macro
With Peruʼs Growth Moderating, We Turned Our Focus to Decoupling from the Macro 4 With Peruʼs Growth Moderating, We Turned Our Focus to Decoupling from the Macro 6,925 21.7% 5,501 4,866 4,648 4,092 4,265 3,984 3,515 3,585 3,092 2,388 3.9% 1,950 2,080 1,614 1,538 Net Income (S/ Millions) 347 Nominal
Slide 24: Strengthening our Risk-Adjusted Revenue Through Diversification
Strengthening our Risk-Adjusted Revenue Through Diversification 4 Strengthening our Risk-Adjusted Revenue Through Diversification Revenue Streams Evolution (S/ Millions) Credicorp Risk Adjusted Revenue: Upward trend reflects resilience through the cycles and diversification of revenue streams FX Inc
Slide 25: Delivering Strong Total Shareholder Returns (TSR)
Captured and Multiplied the Value of Peruʼs Transformation Delivering Strong Total Shareholder Returns (TSR) 4 Captured and Multiplied the Value of Peruʼs Transformation Delivering Strong Total Shareholder Returns (TSR) Indexed Total Shareholder Return (100=Oct95 PE CO; Jan97 CH; Jun97 BR; Jun09 MX)
Slide 26: Structural Drivers Supporting a Medium-Term ROE of Around 22%
Structural Drivers Supporting a Medium-Term ROE of Around 22% 4 Structural Drivers Supporting a Medium-Term ROE of Around 22% Core Businesses Growth Innovation Portfolio Ecosystem Monetization Operating Leverage A strong foundation that enables sustainable, long-term returns across cycles Enhanced S
Slide 27: Recap of Key Investment Drivers
Recap of Key Investment Drivers Recap of Key Investment Drivers Prioritizing Leading Market Positions in an 1 Underpenetrated Region with Clear Growth Avenues 2 Scaling an Integrated Digital Ecosystem Unlocking Synergies by Leveraging Shared 3 Capabilities Across the Ecosystem Delivering Strong, Res
Slide 28: Strategic Priorities as Anchors
Strategic Priorities as Anchors Accelerating Digital Ensuring Integrating Transformation the Best Talent Sustainability, and Innovation at Credicorp Through a Compelling at the Core of and Its Subsidiaries Value Proposition Our Business 2Q26 | Corporate Presentation 28
Slide 29: Disciplined Innovation Portfolio Management
Disciplined Innovation Portfolio Management Ensures it is Well-diversified, Aligned with Our Strategic Goals and within Our Financial Limits Disciplined Innovation Portfolio Management Ensures it is Well-diversified, Aligned with Our Strategic Goals and within Our Financial Limits Activity Strategic
Slide 30: Our Innovation Strategy Has Clear Goals, Domains and Priorities
Our Innovation Strategy Has Clear Goals, Domains and Priorities Our Innovation Strategy Has Clear Goals, Domains and Priorities North Star: 10%of BAPʼs risk-adjusted revenues by 2026 1 2 3 What Gain and defend Expand our TAM Accelerate North Star and goals market penetration by and cover adoption of
Slide 31: Ensuring the Best Talent Through a Compelling Value Proposition
Ensuring the Best Talent Through a Compelling Value Proposition Learning Chapters: Upskilling +500 Data & Analytics 2023: 88% of participants Employees developed in significantly enhanced their knowledge specialized corporate profiles1 + (during 2025) Cybersecurity 2024: 66% of participants signific
Slide 32: Embedding Sustainability at the Core of Our Business Strategy
Embedding Sustainability at the Core of Our Business Strategy Financial Inclusion Financial Education People financially included1 People who received financial education2 (Million) (thousand, not exhaustive) 6,6 1,164 715 574 518 423 369 345 0,5 296 272 214 2023 138 115 2024 2020 2021 2022 2023 202
Slide 33: Three Strategic Pillars with an Overarching Country Vision Approach
Our Vision is to Continue Generating Impact Through Three Strategic Pillars with an Overarching “Country Vision” Approach Financial Inclusion Health insurance Inclusion and Education & quality healthcare Impact Plan Finance Trust in Credicorp Trust in the Support Sustainable Trust for the to MSMEs¹
Slide 34: LOB Summary
LOB Summary August 2026 CREDICORP
Slide 35: BCP is the #1 Bank in Peru
BCP is the #1 Bank in Peru with Unparalleled Customer Reach and Diversified Sources of Revenue 1H26 Peru is an Attractive Market to Grow with Financial Products Assets 218,335 %Cashless2/GDP %Deposits/GDP (S/Millions) [ 2024 ] [ Dec-25] Loans1 134,207 (S/Millions) 28 39 Portfolio Mix 1 Wholesale 43%
Slide 36: Yape Builds Long-Term Value Across the Ecosystem
Yape Builds Long-Term Value Across the Ecosystem, Unlocking Further Growth Opportunities 1H26 Payments: Monthly Transactions per MAU (# Monthly Transactions / MAU) MAU 1 • 16.7 million 10%-6 0 % 69 TAM penetration of main Payments products Payments • 139 million bill payments trxs • 45% of Yape’s Re
Slide 37: Mibanco is the #1 Peruvian Microfinance Institution
Mibanco is the #1 Peruvian Microfinance Institution with a Replicable Business Model in an Untapped Region 1H26 Significant Untapped Potential Peru Colombia Assets 19,169 3,546 (S/Millions) ~7 M M unbanked businesses ~12 M M unbanked businesses and individuals Loans1 14,698 2,951 and individuals (6-
Slide 38: Insurance and Pension Businesses Rank #2 in Premiums and AUMs
The Insurance and Pension Businesses Rank #2 in Premiums and AUMs in Peru, the Fastest Growing and Least Penetrated Market in LatAm 1H26 1H26 Peru is the highest growing & least penetrated Assets 21,434 insurance market in Latin America AuMs 34,869 (S/ Millions) (S/ Millions) 78.5% Flow Insurance US
Slide 39: In IM & A, our Diversified Portfolio has Delivered Solid Results
In IM & A, our Diversified Portfolio has Delivered Solid and Sustainable Results Focus on Recurring & 1H26 Scalable Business Our Regional Presence WM AuMs 27,418 Wealth 32% Management (US$ Millions) AM AuMs 38,768 (US$ Millions) 35% Capital Markets Net Income (Sales + Trading) Capital Markets Leadin
Slide 40: 2Q26 Quarterly Results
2Q26 Quarterly Results August 2026
Slide 41: 2Q26 Key Financial Highlights
2Q26 Key Financial Highlights 2Q26 Key Financial Highlights 1 2 3 4 Loan Growth Funding Mix Supports Other Core Income Diversified Earnings With Lower NPLs NIM Expansion Boosts Revenue Growth and Solid Capital Base Total Loans1 NII Fee Income Earnings Contributions3 +13.1% +13.3% +15.9% 76.3% Univer
Slide 42: Strong Domestic Demand and Renewed Confidence Ahead of New Administration
2Q26: Strong Domestic Demand and Renewed Confidence Ahead of New Administration 2Q26: Strong Domestic Demand and Renewed Confidence Ahead of New Administration High-Frequency Economic Indicators 2Q26 (YoY %change)2 GDP and Domestic Demand Growth 44 57 (YoY %change)1 22 Domestic Demand GDP 18 43 34 1
Slide 43: Higher Oil Prices Add Inflation Pressures
Higher Oil Prices Add Inflation Pressures as Central Banks Await Clearer Signals Higher Oil Prices Add Inflation Pressures as Central Banks Await Clearer Signals 3.5 3.4 3.2 2.8 2.6 2.6 2.5 GDP 2.1 2.3 2.4 2024 (YoY %change)2 1.1 1.5 2025 2026E US Chile Colombia Peru Inflation CPI Rates Central Bank
Slide 44: Universal Banking: Sustained Returns Driven by Loan Growth
Universal Banking: Sustained Returns Driven by Loan Growth, Transactional Income and Risk Discipline Universal Banking: Sustained Returns Driven by Loan Growth, Transactional Income and Risk Discipline 2Q25 1Q26 2Q26 Risk-Adjusted NIM and Cost of Risk (%) ROE1 30.9% 30.5% 29.2% 5.0% 5.2% 5.2% 5.2% 5
Slide 45: BCP, Leading the Market Across Loan Products
BCP, Leading the Market Across Loan Products Total Loans 29% 30% 29% 29% 29% 30% (%) Dec 19 Dec 22 Dec 23 Dec 24 Dec 25 Jun 26 36% 37% 38% 37% 38% 38% Wholesale 20% 20% 18% 19% 19% 16% 20% 20% 21% 11% 12% 13% 14% 14% 13% 14% 13% 14% 33% 32% 32% 32% 33% 33% 26% 23% 24% 25% 26% 26% Mortgage 14% 14% 17
Slide 46: BCP Continues to be the Undisputable Market Leader Across Deposits
BCP Continues to be the Undisputable Market Leader Across Deposits 30% 33% 32% 32% 33% 33% Total Deposits (%) Dec 19 Dec 22 Dec 23 Dec 24 Dec 25 Jun 26 38% 38% 37% 39% 41% 41% 41% 42% 12% 11% 11% Savings 21% 13% 20% 12% 20% 20% 16% 19% 19% 19% 18% 14% Deposits 14% 15% 16% 15% 14% 14% 9% 9% 8% 41% 44
Slide 47: Yape: Scaling Profitability with Growing Lending
Yape1: Scaling Profitability with Growing Lending and Ecosystem Contribution Yape1: Scaling Profitability with Growing Lending and Ecosystem Contribution Monetization Progress Loan Portfolio (S/) (S/ million) 5.3% 6.4% 7.2% 8.0% 8.9% +4X 11.1 10.3 9.6 7.4 6.5 1,817 6.1 5.9 6.0 1,143 5.0 810 4.4 445
Slide 48: Mibanco Peru: Loan Growth, Improved Asset Quality
Mibanco Peru: Loan Growth, Improved Asset Quality and Diversified Revenues Drive Strong Results Mibanco Peru: Loan Growth, Improved Asset Quality and Diversified Revenues Drive Strong Results 2Q25 1Q26 2Q26 Historical NPL Ratio (%) ROE1 16.3% 21.9% 22.9% NPL Ratio 6.1% 6.1% 4.9% 4.8% Mibancoʼs Drive
Slide 49: Grupo Pacifico: Strong Business Fundamentals
Grupo Pacifico: Strong Business Fundamentals Continue to Support Profitability at Sustainable Levels Grupo Pacifico: Strong Business Fundamentals Continue to Support Profitability at Sustainable Levels Grupo Pacificoʼs Key Revenue Drivers Direct Premiums2 Grupo Pacificoʼs Net Income (S/ million) (S/
Slide 50: Market Share Across P&C, Health and Pension Funds
We Maintain our Strong Market Share Across P&C and Health Businesses in the Insurance Industry, While AUMs Market Share Remained Resilient in Pension Funds Industry Dec 19 Dec 23 Dec 24 Dec 25 Jun 26 44% 41% 44% 44% 42% 42% 37% 38% 38% 37% Health 19% 20% 21% 15% 19% 42% 42% 42% 44% Pacifico 38% 39%
Slide 51: IM&Advisory: Profitability Improves Driven by Structural AUM Growth
IM Advisory: Profitability Improves Driven by Structural AUM Growth and a Favorable Trading Backdrop IM&Advisory: Profitability Improves Driven by Structural AUM Growth and a Favorable Trading Backdrop 2Q25 1Q26 2Q26 IM&Advisory Drivers ROE1 15.5% 15.8% 23.5% (in US$ millions) Jun 25 Jun 26 Variatio
Slide 52: Balance Sheet Momentum Reflects Loan Growth Acceleration
Balance Sheet Momentum Reflects Loan Growth Acceleration and Resilient Funding Dynamics Balance Sheet Momentum Reflects Loan Growth Acceleration and Resilient Funding Dynamics Assets Dynamics: Loan Growth Drives IEA Expansion, Liabilities: Strong Low-Cost Deposit Base Complemented by Higher Investme
Slide 53: Asset Quality Improves Further; El Niño-Related Provisions
Asset Quality Improves Further; El Niño-Related Provisions Reflect Current Risk Assessment Asset Quality Improves Further; El Niño-Related Provisions Reflect Current Risk Assessment Asset Quality Improves on Stronger Originations Provisioning Reflects Healthy Credit Trends and Repayments and Current
Slide 54: Core Income Growth Supports Efficiency Amid Strategic Investments
Core Income Growth Supports Efficiency Amid Strategic Investments Core Income Growth Supports Efficiency Amid Strategic Investments Core Income Increased Driven by Margin Expansion Operating Expenses Reflect Core Business at BCP and Transactional Growth and Innovation Portfolio Initiatives Core Inco
Slide 55: Strong 1H26 Profitability Supported by Broad-Based Earnings Momentum
Strong 1H26 Profitability Supported by Broad-Based Earnings Momentum Strong 1H26 Profitability Supported by Broad-Based Earnings Momentum Net Income and ROE First Half Results (S/ millions, %) 20.9% 21.2% Annual Results¹ 19.0% 17.0% 16.8% 16.5% 15.8% 13.9% 6,925 5,501 4,866 4,648 4,265 4,045 3,585 3
Slide 56: Historical Consolidated Performance Metrics
Historical Consolidated Performance Metrics August 2026
Slide 57: Credicorp Key Financial Metrics
Credicorp Key Financial Metrics Credicorp Key Financial Metrics Under IFRS4 Under IFRS 17and new Regulatory Capital Ratios Year % Change 94,3 Summary Results 2019 2022 2023 2024 2025 Jun 25 Jun 26 Jun 26/ Jun 25 Net Income (S/ Millions) 4,352 4,760 4,960 5,623 7,083 3,679 4,136 12.4% Results Net Inc
Slide 58: Loan Mix Shift Towards Retail Drives Risk-Adjusted Margin Growth
Loan Mix Shift Towards Retail Drives Risk-Adjusted Margin Growth 6.3% 6.3% 6.6% 6.0% 6.3% 5.4% 5.3% 5.3% 5.7% 5.9% 5.3% Internal Overdue ratio 4.4% 4.3% Cost of Risk 4.8% 5.0% 4.5% NIM 3.9% 4.2% 3.7% 4.1% Risk Adjusted NIM 3.2% 3.6% 2.9% NPL 2.5% 2.4% 2.8% 1.6% 1.6% 1.6% 1.6% 159 146 150 13 145 141
Slide 59: Return on Assets Maintains an Upward Trend
Return on Assets Maintains an Upward Trend Interest Earning Assets Structure Evolution of Assets Structure (S/millions) & ROAA (S/259,604 million as of Jun 2026) 2.8% 2.8% 0.5% 2.3% 2.6% 2.0% 2.0% 2.2% 15.6% 282,917 267,363 8.2% 256,089 254,073 7.9% 16.7% 235,414 238,840 6.0% 8.9% 14.8% 5.2% 6.0% 16
Slide 60: YoY Loan Growth Boosted by Retail Loans and Wholesale
YoY Loan Growth Boosted by an Expansion in Retail Loans and Dynamism on Wholesale Lending, both Supported by a Strong Economy Total Loans by Segment1 (End of Period) TOTAL LOANS TOTAL LOANS % change (2) % Part. in Total Loans % Dollarization Expressed in S/ million % CAGR Expressed in S/ million Jun
Slide 61: Dollarization Fell 9 bps YoY
Dollarization Fell 9 bps YoY, Mainly Driven by Growth in Retail Loans Evolution of the Dollarization Level of Total Loans1 (%) (1) Figures measured at End of Period. (2) The FC share of Credicorp’sloan portfolio is calculated including BCP Bolivia and ASB Bank Corp, however the chart shows only the
Slide 62: Our Low-cost Deposit Base Represents a Key Competitive Advantage
Our Low-cost Deposit Base Represents a Key Competitive Advantage Funding Structure Evolution of Funding Structure (millions) (S/209,042 millions as of June 2026) 2.91% 2.74% Funding cost (%) 6.8% 2.36% 2.31% 2.43% 2.13% 5.4% 1.9% 1.9% 0.5% 2.0% 23.2% 217,042 35.6% 203,346 7.4% 198,926 7.0% 189,254 1
Slide 63: Funding Cost Declined Due to Lower Interest Rates
Funding Cost Declined Due to Lower Interest Rates and a More Favorable Mix Funding Cost by Subsidiaries Funding Cost by Currency 3.4 3.3 6.70% 3.34% 3.2 3.1 3.0 2.91% 2.9 2.80% 2.8 6.02% 2.7 2.74% 2.51% 2.48% 2.6 2.67% 2.76% 4.93% 2.5 2.38% 2.8 2.4 2.73%2.7 2.36% 2.52% 4.46% 2.3 2.31% 2.6 2.71% 4.24
Slide 64: Loan-to-Deposit Ratio has Steadily Declined
Loan-to-Deposit Ratio has Steadily Declined, Supported by Sustained Growth in Low- cost Deposits Driven by a Strengthened Transactional Value Proposition Mix of Deposits Deposits by currency 103.22% 101.09% 98.15% 90.05% 88.02% 91.11% 87.54% 112,005 147,021 147,705 161,842 167,209 153,953 181,239 2.
Slide 65: Dollarization Fell in Low-Cost Deposits
Dollarization Fell in Low-Cost Deposits Due To a Context of High Liquidity and Improvements in Our Transactional Offerings Breakdown by Deposit Type and currency 27% 23% 21% 42% 39% 37% 47% 43% 50% 53% 54% 54% 73% 77% 79% 58% 61% 63% 53% 57% 50% 47% 46% 46% Jun 24 Jun 25 Jun 26 Jun 24 Jun 25 Jun 26
Slide 66: Over Half of Total Deposits Come from Individual Customers
Over Half of Credicorp’s Total Deposits Come from Individual Customers, Showing a Steady Increase in Savings Deposits Over Time Total Deposits Demand Deposits 96,773 130,058 145,652 154,839 100 100 29,608 43,487 47,651 50,002 100 100 49.3% 48.4% 47.5% 45.0% 47.0% 47.7% 94.5% 93.9% 91.4% 89.4% 93.1%
Slide 67: Downward Trend in NPL Ratios
Downward Trend in NPL Ratios Mainly Driven by a Positive Economic Backdrop, an Uptick in the Quality of Origination, and Improvements in Risk Management Non-Performing Loans (NPL) Ratio by Segment 14.3% 13.9% 12.4% 12.5% 11.3% SME 10.3% Mibanco Individuals Credicorp BCP Bolivia 7.4% Wholesale 7.0% 6
Slide 68: Lower Cost of Risk Reflects Improved Payment Performance
Lower Cost of Risk Reflects Improved Payment Performance Across Most Segments and Subsidiaries Evolution of Credicorp’s Cost of Risk by Subsidiary (Total Cost of Risk and Total Loans Coverage Ratio) Allowance for 4.4% 5.3% 5.7% 5.5% 5.1% 5.4% 4.8% loan losses/ Total Loans Mibanco BCP Stand-alone 6.0
Slide 69: Lower NPL Ratio YoY: Wholesale Banking
Lower NPL Ratio YoY Due to Debt Repayments From Specific Corporate Clients in Real State Sector Wholesale Banking Collateral level: 27%* *Collateral levels as of Dec 2025. 2Q26 | Corporate Presentation 69
Slide 70: NPL Ratio Drop: SME – Business
NPL Ratio Drop Reflects Better Vintages and Tighter Risk Admission Standards SME – Business Collateral level: 70%* *Collateral levels as of Dec 2025. 2Q26 | Corporate Presentation 70
Slide 71: Lower NPL Ratio: SME – Pyme
Lower NPL Ratio Supported by a Reduction in Structural Risk, Improvements in Vintages, and Lower Default Levels SME – Pyme Collateral level: 32%* *Collateral levels as of Dec 2025. 2Q26 | Corporate Presentation 71
Slide 72: NPL Ratio Improved: Mortgage
NPL Ratio Improved Due to Lower Delinquency and Stronger Collection Management Mortgage Loan-to-Value: 71%* *Loan-to-Value as of Dec 2025. 2Q26 | Corporate Presentation 72
Slide 73: Lower NPL Ratio: Consumer
Lower NPL Ratio Supported by Better Origination Quality, More Effective Collection Efforts, and Higher System Liquidity Consumer 2Q26 | Corporate Presentation 73
Slide 74: NPL Ratio Decreased: Mibanco
NPL Ratio Decreased As NPL Volumes Fell due to Improvements in Originations and Collections Management Mibanco Collateral level: 5%* *Collateral levels as of Dec 2025. 2Q26 | Corporate Presentation 74
Slide 75: BCP Bolivia's NPL Ratio Increased
BCP Bolivia’s NPL Ratio Increased due to a Volatile Macroeconomic Environment BCP Bolivia 2Q26 | Corporate Presentation 75
Slide 76: Resilient NIM Bolstered by Lower Funding Cost
Resilient NIM Bolstered by Lower Funding Cost and a Higher-yielding Mix of Interest-Earning Assets Historical NIM & Risk-Adjusted NIM Historical NIM by subsidiaries 14.75% 14.59% 15.15% 13.83% 14.38% 6.42% 6.63% 13.24% 13.19% 6.00% 6.29% 6.27% 5.40% 5.09% 5.28% 5.44% 5.49% 4.77% 5.70% 6.01% 5.84% 6.
Slide 77: Strong Fee Income and FX Gains
Strong Fee Income and FX Gains Highlight the Consistent Execution of Our Diversification and Decoupling Strategy 1 Other Income (S/ Millions) 6,821 6,112 16% 5,656 16% 5,066 17% 4,902 23% 7% 19% 22% 21% 16% Others 4 15% 2,043 Net gain on foreign exchange transactions Fee income 1,677 18% 16% 24% 62%
Slide 78: Efficiency Remains on Track Within Guidance
Efficiency Remains on Track Within Guidance, While Investing for Future Competitiveness Operating Income and Expenses (S/ Million) 46.6% 45.3% 45.6% 46.1% 42.4% 45.0% Fee income and other operating income (1) 0.0 22,398 -0.5 -1.0 -1.5 20,684 -2.0 -2.5 19,056 -3.0 -3.5 34.3% -4.0 -4.5 31.8% -5.0 15,5
Slide 79: Efficiency Evolution by Subsidiary
Efficiency Evolution was Driven Mainly by the Core Businesses at BCP Stand-alone, Mibanco and Pacifico, as Well as Our Innovation Portfolio Initiatives Efficiency ratio by subsidiary (%) BCP Stand-alone BCP Bolivia Mibanco - Peru Pacifico 2019 40.7% 60.0% 53.0% 40.2% 2020 40.9% 87.8% 62.6% 39.0% 202
Slide 80: Capital Position Maintains a Significant Buffer
Credicorp’s Capital Position Maintains a Significant Buffer over Regulatory Requirements Capital Coverage Ratios Regulatory Capital Requirement Breakdown Jun 26 9.20% 5.96% 2.05 1.93 6.70% 1.69 1.75 1.61 1.46 1.35 1.35 1.26 Regulatory Common Equity Tier 1 Capital Ratio Regulatory Tier 1 Capital Rati
Slide 81: Contact Information Investor Relations
Contact Information Investor Relations E-mail: investorrelations@credicorpperu.com https://credicorp.gcs-web.com/ 2Q26 | Corporate Presentation 81
Slide 82: 2Q26 Corporate Presentation
2Q26 Corporate Presentation August 2026