Slide 1: 2Q25 Earnings Conference Call
2Q25 Earnings Conference Call August 2025
Slide 2: Safe Harbor
Safe Harbor This material includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. All statements other than statements of historical fact are forward-looking and may contain information ab
Slide 3: Notable 2Q25 Results Reflect Solid Operating Performance in A Strengthening Economic Environment
Notable 2Q25 Results Reflect Solid Operating Performance in A Strengthening Economic Environment Innovation Portfolio Strong Operating Results Further Boosted ROE 1 by Diversified Income 20.7% Risk-adj. Revenue Share1 6.2% Risk Adj. NIM Resilient Margins, Supported by Low-Cost MS of Low-Cost Deposit
Slide 4: Greater than the sum of its parts
Building a Future-Ready Financial Platform through Innovation, Inclusion, and Data-Driven Transformation Greater than October 9, 2025 Thursday the sum New York of its parts Hybrid Event 2Q25 Earnings Conference Call 4
Slide 5: 2Q25 Key Financial Highlights
2Q25 Key Financial Highlights 1 2 3 4 Underlying Loan Portfolio Resilient NIM on Funding Growing Diversified Sources Diversified Business Expanded While Asset Tailwinds of Income and Solid Capital Base Quality Improved Total Underlying Loan NII Fee Income Earnings Contributions4 Loans1 Growth2 -4.1%
Slide 6: Peru: Domestic Demand Is Growing Faster Than GDP
Peru: Domestic Demand Is Growing Faster Than GDP GDP and Domestic Demand High-Frequency Economic Indicators 2Q25 (YoY % change, four-quarter moving average)1 (YoY % change)2,3 29 GDP Domestic Demand 21 16 17 14 14 6.0 5.1 5.0 4.0 3.8 Buying and Capital Terms Real Light-vehicle Heavy-duty selling of
Slide 7: Central Banks Continue To Assess Tariff Effects
Central Banks Continue To Assess Tariff Effects GDP (YoY % change)1 3.3 3.2 2.8 2.6 2.3 2.4 1.9 1.6 2024 2025F US Colombia Peru Chile Inflation CPI Rates Central Bank Policy Rates (YoY % change)2 (%)3 9.25 4.75 Peru 4.50 4.9 4.50 4.1 Colombia 2.7 Chile 1.7 U.S. Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 De
Slide 8: Universal Banking: Strong Profitability Driven by Diversified Revenues and Low Levels of Cost of Risk
Universal Banking: Strong Profitability Driven by Diversified Revenues and Low Levels of Cost of Risk 2Q24 1Q25 2Q25 Risk-Adjusted NIM and Cost of Risk (%) ROE 1 23.7% 27.1% 30.9% 4.3% 4.7% 4.9% 5.0% 5.2% Risk-adjusted NIM 2.6% 1.8% BCPʼs Drivers 2.1% 1.3% 1.2% Cost of Risk 2Q24 3Q24 4Q24 1Q25 2Q25
Slide 9: Yape: MAU Operating Leverage Continues to Expand, as Lending Rises to Represent 18% of Total Revenue
Yape¹: MAU Operating Leverage Continues to Expand, as Lending Rises to Represent 18% of Total Revenue Active Users and Engagement Financial Results Monthly Revenues/MAU MAU (millions) Monthly Expenditures/MAU 6.2 6.5 # Monthly 54.5 Transactions/MAU 52.1 6.1 40.2 4.6 4.4 14.3 14.9 3.9 5.0 4.7 12.3 4.
Slide 10: Mibanco Peru's: 2Q25 Profit Growth Fueled By Improved Risk Management and a Stronger NIM
Mibanco Peruʼs: 2Q25 Profit Growth Fueled By Improved Risk Management and a Stronger NIM, Amid an Ongoing Economic Recovery 2Q24 1Q25 2Q25 Historical NPL Ratio (%) 8.1% ROE 1 5.4% 14.7% 16.3% NPL Ratio 6.4% 6.1% 6.1% Mibanco Peru Drivers 4Q22 2Q24 1Q25 2Q25 2Q24 1Q25 2Q25 5.5% 7.5% 5.1% 5.4% Cost of
Slide 11: Grupo Pacifico: Solid Insurance Underwriting Results Supported Profitability
Grupo Pacifico: Solid Insurance Underwriting Results Supported Profitability Amid Reduced Impact of Credit Downgrades on a Couple of Assets in the Investment Portfolio 2Q24 1Q25 2Q25 Grupo Pacifico's Drivers ROE 1 26.4% 19.3% 21.1% (% change) QoQ YoY YTD Insurance Underwriting +26.9% +22.5% +18.8% R
Slide 12: IM & A: Strong Underlying Business Dynamics Help to Offset Higher Operating Expenses
IM & A: Strong Underlying Business Dynamics Help to Offset Higher Operating Expenses ROE1 and Income by Business2 (%, S/ millions) IM & Advisory Drivers (in US$ millions) Jun24 Jun25 Variation 17.9% 18.6% 15.9% 16.9%4 15.5% 13.7% 14.8% 10.9% 4 WM AUMs2 18,783 21,256 +13.2% 7.8% AM AUMs2 21,691 25,80
Slide 13: Favorable Balance Sheet Trends: Higher-Yielding Assets and Disciplined Funding Cost Management
Favorable Balance Sheet Trends: Higher-Yielding Assets and Disciplined Funding Cost Management Assets: Slight Shift Toward Higher-Yielding Assets Resulted in Liabilities: Changes in Our Funding Structure Contributed to a Higher Yield on IEAs Sequentially Relatively Stable Funding Cost Interest Earni
Slide 14: Asset Quality Showed Slight Further Improvement QoQ Amid Economic Recovery
Asset Quality Showed Slight Further Improvement QoQ Amid Economic Recovery and Risk Management Measures NPL YoY Contraction Across Segments Provisioning Materially Contracted Over the LTM Following Successful Risk Management Measures Total NPLs1 Total Provisions³ (S/ millions) (S/ millions) 8,786 1,
Slide 15: Diversified Revenue Streams Boosted Core Income, While Expenses Increased as Anticipated
Diversified Revenue Streams Boosted Core Income, While Expenses Increased as Anticipated Record Risk-Adjusted NIM on Low-Cost Funding and Strong Operating Expenses Increased YoY Driven by Core Business at Transactional Growth BCP and Innovation Portfolio Initiatives Core Income Accumulated Operating
Slide 16: Delivered Remarkable 1H25 Profitability, Supported by Broad-Based Business Strength
Delivered Remarkable 1H25 Profitability, Supported by Broad-Based Business Strength Net Income and ROE (S/ millions, %) Annual Results¹ First Half 20.0% ROE Excluding Results Extraordinary Income² 17.0% 16.8% 15.8% 16.5% 13.9% 5,501 20.9% 17.6% 4,866 4,648 4,265 3,600 1.4% 3,585 2,851 347 2019 2020
Slide 17: Our 2025 Guidance
Our 2025 Guidance 2025 Guidance 1H25 Results Updated 2025 Guidance Real GDP Growth around 3.0% +3.5% around 3.0% End-of-period Total Loan Balance -0.3% EOP² around 6.5% Portfolio Growth¹ Average Daily around 3.5% +1.1% ADB Balances Net Interest Margin (NIM) 6.2% – 6.5% 6.3% 6.2% – 6.5% Cost of Risk
Slide 18: 2Q25 Closing Remarks
1 2 Solid execution with fee Platform performs through income growth, deeper digital the cycles; better positioned engagement, and credit to capture upside in the demand recovery. current context. 2Q25 Closing Remarks 3 4 Long-term sustainable ROE Hosting Investor Day in NYC target raised to ~19.5%,
Slide 19: 2Q25 Earnings Conference Call
2Q25 Earnings Conference Call August 2025