Slides
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3Q25 is.com.pe IFS earnings presentation
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+13 % + 6 % 3.8 % 2 1 3 ~16 % ROE IFS 3Q25 2 4 YoY retail primary banking customers 5 3Q25 k ey messages Business momentum remains strong Higher yielding loans accelerate Improving risk - adjusted NIM Risk - adjusted NIM 3Q25 Strengthening primary banking relationships Insurance & WM core businesses growing double digit YoY written premiums +58 % + 81 % YoY net profit 9M25 + 7 % YoY YoY AUMs WM 2.1 % CoR banking 3Q25
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Business momentum remains strong
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Sep24 Dec24 Mar25 Jun25 Sep25 Positive trend in macro indicators continues Quarterly GDP growth YoY (%) Interest rates (%) PEN / USD Source : Central Bank, MEF, INEI and SBS 1) 3Q25E internal estimate . GDP for Jul25 - Aug25 is 3.3% Inflation YoY (%) 3.8% 4.2% 3.9% 2.8% 3.2% 3Q24 4Q24 1Q25 2Q25 3Q25E 3.2 % 2025 (E) 5.25 5.00 4.75 4.50 4.25 5.00 4.50 4.50 4.50 4.25 Sep24 Dec24 Mar25 Jun25 Sep25 PEN reference rate (BCRP) USD reference rate (FED) 3.77 3.46 1.7 % 2025 (E) 1.8 2.0 1.3 1.7 1.4 Sep24 Dec24 Mar25 Jun25 Sep25 4 4 (1) Oct25 4.00
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5 Additional improvement in internal demand (FY25) Retail loans accelerate ( QoQ %) Source : Central Bank: Survey of macroeconomic expectations , Reporte de Inflación Sep25 Solid fundamentals supporting growth 5 4.4% 5.0% 3.3% 5.1% 6.5% 3.5% Internal demand Private investment Private consumption Jun25 Sep25 41 42 45 47 47 59 56 58 57 61 Sep24 Dec24 Mar25 Jun25 Sep25 Consumer confidence index Business confidence Formal employment & formal wages YoY (%) Confidence improving (%) 4.9% 1.8% 7.4% 2.5% Retail Commercial YtD YoY +3.0% YtD +4.5% YoY System loans Commodities supporting terms of trade (%) 403 486 2,625 3,859 1,300 1,800 2,300 2,800 3,300 3,800 4,300 350 370 390 410 430 450 470 490 510 530 Dic-24 Mar-25 Jun-25 Set-25 Copper Gold Mas en el script y poner YtD y YOY de retail y comercial Modificado
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33 117 52 3Q24 2Q25 3Q25 390 580 456 3Q24 2Q25 3Q25 67 81 38 3Q24 2Q25 3Q25 IFS quarterly net profit (S/ mn ) +17% YoY earnings drive quarterly ROE to +34% YoY +22% QoQ ROE - 44% YoY ROE +56% YoY - 55% QoQ ROE ROE Banking Insurance Wealth management - 53% QoQ ~16 % 6 6 | 15.1% 15.6% | 17.5% (1) 20.7% 43.9% 19.3% 13.9% 299 328 401 3Q24 2Q25 3Q25 +17% YoY - 21% QoQ 14.4% 16.8% 14.4% 47.5% 22.3% 64.1% ROE SIN RDL = 68% -S/78mn RDL ROE sin RDL y sin Telefónica es 17.5% Sacar el 514 (1) Excluding the S/ 78mn Rutas de Lima (RDL) impairment and S/ 20mn provision reversal at Interbank, IFS’ ROE would be 17.5% , Interbank’s 16.0%, and Interseguro’s 67.7%. +S/20mn provision reversal ROE sin RDL 18.2% +S/28mn Telefonica impact Antes de impuestos
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140 221 299 348 343 328 401 - 20 79 67 76 92 81 38 26 33 72 37 117 52 141 286 390 490 446 580 456 5.6% 11.2% 15.1% 18.2% 16.3% 20.7% 15.6% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% -100 0 100 200 300 400 500 600 700 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Interbank Interseguro Inteligo ROE IFS 9M25 ROE 25.8% 42.8% 15.5% 7 Continuous positive quarterly trends ROE 9M25 SIN RDL = 18.3% 17.4% 18.3% excl RDL ROE sin RDL y sin Telefónica es 17.5% ROE sin RDL 18.2%
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66 207 9M24 9M25 660 1,072 9M24 9M25 IFS accumulated net profit (S/ mn ) +81 % YoY earnings drive 9M25 year ROE to +63 % YoY ROE +67 % YoY ROE +3.1 x YoY ROE ROE Banking Insurance Wealth management >17 % 8 8 +81 % YoY 817 1,482 9M24 9M25 126 211 9M24 9M25 % YoY % QoQ % YoY % YoY % QoQ % QoQ 8 8 9.3% 15.5% 10.8% 17.4% 10.6% 42.8% 36.0% 25.8%
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1,294 1,300 1,355 3Q24 2Q25 3Q25 Banking Insurance Wealth management +9 % YoY increase in revenues +5% YoY +4% QoQ NIM IBK +26% YoY +4% QoQ - 3% YoY - 55% QoQ IFS revenues (S/ mn ) NIM IFS 9 - 5% QoQ | +9% YoY 9 5.1% 5.0% 4.9% 1,824 2,086 1,979 3Q24 2Q25 3Q25 5.1% 5.2% 5.3% 390 472 490 3Q24 2Q25 3Q25 83 179 80 3Q24 2Q25 3Q25
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Retail C ommercial +8 % YoY increase in fee income IFS fee income (S/ mn ) +17 % YoY 10 843 906 9M24 9M25 +9 % YoY +17 % YoY Izipay - 9 % YoY +8 % YoY WM
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526 564 568 3Q24 2Q25 3Q25 744 789 786 3Q24 2Q25 3Q25 Continuous investments in IT. Efficiency remains a top priority IFS expenses (S/ mn ) 38.5% 37.7% 35.9% C/I - 0% QoQ | +6% YoY +1% QoQ | +8% YoY Banking expenses (S/ mn ) 39.0% 40.8% 42.3% C/I 11 (1) Personnel expenses do not include employee participation in profit provision , which is considered under others (2) Excpluding one - time adjustments , reported expenses S/810mn 36.7 % C/I 9M25 1,528 60 36 30 1,654 9M24 Technology Personnel Marketing & Others 9M25 Banking expenses breakdown (S/ mn ) (1) YoY +9% +8% +8% +8% REVISAR XQ CASI 39% TaT los gastos han crecido 3% y los ingresos han caído 5% AaA ingresos crecen 9% y gastos crecen 11% TENEMOS LA DIFERENCIA CON PPTO?? (2) (2)
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Higher yielding loans accelerate
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Positive trend in higher yielding loans QoQ Performing loan book (S/ bn ) High - yielding portfolio 13 - 2% +2% +2% +1% YoY +7% +7% +3% - 2% HIPOTECARIO / RETAIL 8.5 8.5 8.7 1.3 1.6 1.7 9.7 10.1 10.4 3Q24 2Q25 3Q25 Credit cards & personal loans Small businesses +34 % YoY Sep25 Cash loans disbursements Small businesses disbursements +56 % YoY Sep25 QoQ YoY +7% +8% +2% +3% +33% +3% Higher yielding loans (S/ bn ) +0% +5% Cash loans disbusements – pp+extracash 18% 18% 18% 13% 12% 12% 22% 22% 22% 3% 3% 4% 44% 45% 44% 45.9 48.2 48.3 3Q24 2Q25 3Q25 Consumer loans Payroll deductible loans Mortgages Small businesses Commercial +8% +33%
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+0.4 % Credit cards and personal loans accelerate 14 +51 % YoY Sep25 Personal loans disbursements Credit cards and personal loans (S/ bn ) ( QoQ trend ) Credit cards turnover +9 % YoY Sep25 5.3% 4.9% 4.1% Retail COR 8,5 8,5 8,5 8,5 8.7 3Q24 4Q24 1Q25 2Q25 3Q25 4.2% Var QoQ +0.0 % +0.6 % +2.0 % Cash loans disbusements TC turnover 4.0%
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Our payments ecosystem continues to grow Small businesses + 20 % YoY Small businesses deposits ~ 39 % IBK share of Izipay flows Businesses 15 Individuals 83 % Digital retail customers YoY Plin transactions + 38 % + 31 % YoY float from Izipay + 0.4 % YoY IBK share of Izipay flows + 60 % YoY flows from Izipay
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Improving risk - adjusted NIM
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Cost of risk (%) NPL coverage ratio (%) Total NPLs - Stage 3 18 131% 141% 140% 221% 164% 165% 69% 90% 87% 3Q24 2Q25 3Q25 Banking Retail Commercial Cost of risk remains at low levels 17 3.2% 2.5% 2.4% 3.9% 3.2% 3.1% 2.4% 1.7% 1.6% 3Q24 2Q25 3Q25 Banking Retail Commercial Poner leyenda a “con telefonica” – falta el dato de comercial ☺ 3.1% 2.5% 2.1% 5.3% 4.2% 4.0% 0.6% 0.6% - 0.1% 2.3% 0.4% 3Q24 2Q25 3Q25 Banking Retail Commercial / Telefonica 2.4% 0.4% 2.5 % COR 9M25 Excl Integratel
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Interest - earning assets (S/ bn ) Yield on assets evolution (%) bps YoY improvement in risk - adjusted NIM in banking 19 18 2Q24 1Q25 2Q25 70.3 73.0 74.5 Cash and due from banks Financial Investments Commercial Retail 5.2% 2.6% 10.6% 8.4% 2Q24 5.2% 3.3% 9.9% 7.9% 1Q25 5.1% 3.4% 9.9% 7.9% 2Q25 NIM Risk - adjusted NIM Yield on Loans Return on Interest - earning assets +60 35% 35% 35% 31% 33% 33% 15% 16% 16% 18% 16% 16% 73.0 74.5 73.8 3Q24 2Q25 3Q25 YoY - 13% +5% +3% +6% 5.3% 5.1% 5.2% 3.2% 3.4% 3.8% 10.5% 9.9% 10.0% 8.4% 7.9% 7.9% 3Q24 2Q25 3Q25 +1% Risk - adjusted NIM excl Integratel 3.7%
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42% 40% 41% 39% 40% 40% 12% 11% 12% 7% 9% 7% 63.7 64.7 63.2 3Q24 2Q25 3Q25 Retail deposits Commercial deposits Due to banks Bonds LDR Funding breakdown (S/ bn ) Cost of funds and deposits (%) 91% 94% 96% 19 19 Ref. rate YoY - 100 bps (S/) - 75 bps (USD) 3.5% 3.2% 3.1% 3.0% 2.6% 2.5% 3Q24 2Q25 3Q25 Cost of funds Cost of deposits bps further decrease in cost of funds in the quarter +10
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Strengthening primary banking relationships
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130 179 3Q24 3Q25 21 Developing primary banking relationships … (1) Sent transactions from Plin IBK Plin transactions ( mn ) (1) Primary banking relationships KPIs (Data as of Sep25) ~13 % MS inflows payroll >26 % MS credit cards ~15 % MS retail deposits 56 NPS retail +6 % YoY retail primary banking customers + 38 % YoY PLIN transactions 21 Revisar volumen IBK Plin volume (S/ mn ) (1) + 32 % YoY PLIN transactions (1) Sent transactions from Plin
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23 … through a world - class digital experience Digital sales (% of products sold digitally) Digital customers (% of digital customers ) Digital self - service (% of digital self - service) NPS Retail ( Points – Retail Banking ) 80 83 Sep24 Sep25 72 73 Sep24 Sep25 Commercial Retail 69 68 Sep24 Sep25 76 82 Sep24 Sep25 66 54 56 Sep24 Jun25 Sep25 22 Xq cae la parte de digital sales??
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Insurance & WM core businesses growing double digit
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43 50 50 3Q24 2Q25 3Q25 YoY in AUM leads recovery of fee income in WM Assets under management (US$ bn) Fee income evolution (S/ mn) +13 % 0.7% Fees/ AuM 0.7% 0.7% +4% QoQ +13 % YoY +1% QoQ +16 % YoY 25 24 5.0 5.2 5.4 2.0 2.4 2.6 7.1 7.8 8.1 3Q24 2Q25 3Q25 Inteligo Bank Interfondos Ver efecto FX En consulta
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53% 55% 3Q24 3Q25 25% 30% Sep24 Sep25 Increasing digital adoption in wealth management Interfondos digital transactions (% of digital transactions ) Interfondos digital users (% of total Interfondos customers ) 26 25 Revisar kpis de Erni Inteligo SAB digital transactions (% of digital transaction )
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197 230 159 3Q24 2Q25 3Q25 55 122 122 3Q24 2Q25 3Q25 YoY in long - term insurance Long - term insurance (S/ mn ) (CSM stock by business unit) Short - term insurance (S/ mn ) ( Insurance PAA net premiums ) +19 % +7% QoQ +19% YoY Results from investments (S/ mn ) - 31% QoQ - 19% YoY 5.4% 6.1% ROI 26 26 +1% QoQ +1.1x YoY 290 321 334 427 534 580 183 150 161 3Q24 2Q25 3Q25 Annuities Individual Life Credit Life 1,005 1,075 900 EN REVISIÓN CON ISG Rutas de Lima exposur e S/ 209 mn Net of impairments 4.1% | 6.1% (1) (1) Calculation excludes impairment from Rutas de Lima
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Increasing digital adoption in insurance Digital self - service (% of total client interaction ) Direct digital sales ( Written premiums – s/ mn ) 65% 71% 3Q24 3Q25 27 +11% YoY SOAT digital sales (% of SOAT sales) Mencionar en script Digital life premiums (% of total life premiums ) Alternativa para tercer gráfico Direct digital sales ( Written premiums – s/ mn ) 27 32 3Q24 3Q25 +19% YoY
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is.com.pe 28 Takeaways
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+7 % Commercial loans (3) (S/ bn ) Mortgage loans +19 % YoY CSM stock +13 % YoY Focus on growth 29 29 WM AUMs Long - term Insurance (2) YoY 1) Excluding payroll deductible loans 2) Includes annuities , individual life and credit life 3) Includes small businesses +7 % Small businesses YoY Consumer loans (1) +2 % QoQ loans +3 % YoY loans 1.3 1.7 3Q24 3Q25 21.6 23.1 3Q24 3Q25 +33 % YoY Loans Action title
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Operating trends 9M 2025 Capital To remain at sound levels Profitability Revenues Cost of risk Efficiency IBK TCR 15.8% IBK CETI 12.1 % Continued path to recovery Loans High single digit growth in total loans IFS ROE 17.4% Slight recovery NIM Sound cost of risk Continued focus on efficiency IBK NIM 5.2% IBK CoR 2.5% IFS C/I 36.7% 5.1% 30 SIN GUIDANCE PARA EL CONF CALL
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Sustainability update Environmental +USD 348 mn Governance 18 % Sustainable loans + 10 hours Sustainability Report Publication 3 2 32 Social >1,800 Peruvians accesed inclusive insurance through Rumbo & Vida Cash in 3Q25 >1,2 M Entrepreneurs actively using izipayYA >3,900 Entrepreneurs trained via Excuela , Izipay’s financial education platform ESG Ratings Management Interbank #5 Interseguro #13 Inteligo Group #20 izipay #17 UN Global Compact recognition: “Voces!” (anti - workplace sexual harassment program) added to the best - practice repository Training for commercial and risk teams on new technologies driving green financing opportunities of Interbank’s commercial portfolio was assessed to calculate financed emissions
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Takeaways Business momentum remains strong Higher yielding loans accelerate Improving risk - adjusted NIM Strengthening primary banking relationships Insurance & WM core businesses growing double digit 33
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Appendix 33
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IFS Key indicators 3Q25 ROA 1.6% 3Q24 IFS 2.4% 2Q25 1.9% 3Q25 NIM 5.1% 3Q24 2Q25 5.0% 3Q25 ROE 15.1% 3Q24 2Q25 15.6% 3Q25 4.9% 20.7% C/I ratio 38.1% 3Q24 2Q25 38.9% 3Q25 35.9% 35 35
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IFS Key indicators 3Q25 CoR 3.1% 3Q24 2Q25 2.1% 3Q25 NIM 5.3% 3Q24 2Q25 5.2% 3Q25 2.5% 5.1% C/I ratio 39.0% 3Q24 2Q25 40.8% 3Q25 42.3% Insurance ROIP 5.4% 3Q24 2Q25 4.1% 3Q25 6.1% Banking Wealth management Fees, net (S/ mn ) 43.2 3Q24 50.0 3Q25 49.6 AUM (US$ bn ) 7.1 3Q24 8.1 3Q25 7.8 2Q25 2Q25 36
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Banking Insurance Wealth management +14 % YoY increase in revenues +6 % YoY NIM IBK +27 % YoY +75 % YoY IFS (S/ mn ) NIM IFS 36 +14 % YoY 37 3,751 3,969 9M24 9M25 1,171 1,489 9M24 9M25 197 344 9M24 9M25 Título del eje 5.1% 5.0% 5.3% 5.2% 5,311 6,041 9M24 9M25
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Banking Insurance Wealth management +33 % YoY increase in results from financial transactions IFS (S/ mn ) +8 % QoQ +25 % YoY - 29 % QoQ - 85 % YoY 37 - 37% QoQ | +33 % YoY 38 + 49 % QoQ + 2.3 x YoY 184 388 246 3Q24 2Q25 3Q25 23 112 16 3Q24 2Q25 3Q25 24 37 55 3Q24 2Q25 3Q25 127 148 159 3Q24 2Q25 3Q25
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38 Low - cost funding (S/ bn ) YoY +61.4% +6.5% - 5.6% +4.8% 1) Low cost funding as a % of total funding . Low - cost funding includes retail deposits (excluding term deposits) and transactional commercial and institutional deposits. Improvement in funding mix 35.5% 35.9% 3Q24 3Q25 Low - cost funding (%) (1) 39 13.5 12.7 6.5 7.0 3Q24 3Q25 Retail Commercial Institutional Other 22.0 22.5 +2.3%
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Customer base growth continues across businesses Banking customers ( mn ) Insurance customers ( mn ) Wealth management customers ( th ) 5.3 5.5 Sep24 Sep25 YoY +4 % YoY +6 % YoY +7 % 3.0 3.2 Sep24 Sep25 39 83 89 Sep24 Sep25 40
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377 320 343 308 257 3.1% 2.6% 2.8% 2.5% 2.1% 0 100 200 300 400 500 600 3Q24 4Q24 1Q25 2Q25 3Q25 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% Provision expense (S/ mn) Cost of Risk (%) Stable asset quality , CoR at 2.1% Impairments loss on loans , net (S/ mn ) & Cost of risk (%) 41 11.7% 10.2% 10.2% 2.9% 2.5% 2.4% 3Q24 2Q25 3Q25 (S2+S3) ratio S3 NPL ratio S2+S3 ratio & S3 NPL ratio (%)
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17.8% 19.2% 21.1% 3Q24 2Q25 3Q25 Wealth management Sound capitalization levels Banking System TCR 15.9% 17.6% (1) 15.9% Source : Company information and ASBANC 1) As of Aug25 15.9% 16.9% 15.8% 3Q24 2Q25 3Q25 12.2% 11.7% 12.1% 3Q24 2Q25 3Q25 CETI ratio 11. 7 % Reg. min. 6.8% Reg. min. 126.9% 130.3% 124.2% 3Q24 2Q25 3Q25 100% Reg. min. 12% Reg. min. Insurance Banking TCR 42
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Manageable dollarization levels at Interbank 43 74% 75% 26% 25% 3Q19 3Q25 94% 96% 6% 4% 3Q19 3Q25 49% 52% 51% 48% 3Q19 3Q25 99% 99% 1% 1% 3Q19 3Q25 87% 95% 13% 5% 3Q19 3Q25 48% 47% 52% 53% 3Q19 3Q25 45% 61% 55% 39% 3Q19 3Q25 96% 94% 4% 6% 3Q19 3Q25 PEN USD Total loans Retail loans Commercial loans Retail loans breakdown Commercial loans breakdown Consumer Mortgages Corporate Medium Small & Micro % PEN System 69% 73% 90% 94% 57% 60% 96% 95% 85% 94% 50% 47% 58% 62% 96% 93% Source : SBS
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IFS P&L 3Q25 Intercorp Financial Services P&L statement S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Interest and similar income 1,765.6 1,715.2 1,724.4 0.5% - 2.3% Interest and similar expense - 614.5 - 578.6 - 567.4 - 1.9% - 7.7% Net interest and similar income 1,151.1 1,136.6 1,157.0 1.8% 0.5% Impairment loss on loans, net of recoveries - 377.2 - 308.3 - 256.9 - 16.7% - 31.9% Recovery (loss) due to impairment of financial investments - 9.0 - 0.2 - 77.1 n.m. n.m. Net interest and similar income after impairment loss 764.9 828.1 823.0 - 0.6% 7.6% Fee income from financial services, net 295.1 299.4 311.1 3.9% 5.4% Other income 184.4 387.9 245.5 - 36.7% 33.2% Insurance results - 38.0 - 30.7 - 1.2 - 96.2% - 96.9% Other expenses - 743.7 - 788.8 - 810.0 2.7% 8.9% Income before translation result and income tax 462.5 695.9 568.4 - 18.3% 22.9% Translation result 21.8 11.6 5.3 - 54.6% - 75.9% Income tax - 94.3 - 127.9 - 117.5 - 8.1% 24.6% Profit for the period 390.0 579.6 456.2 - 21.3% 17.0% 45
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IFS statement of financial position 3Q25 46 Intercorp Financial Services' Statement of financial position S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Assets Cash and due from banks and inter - bank funds 14,663.7 13,174.4 12,734.6 - 3.3% - 13.2% Financial investments 26,686.4 27,747.4 27,619.7 - 0.5% 3.5% Loans, net of unearned interest 50,110.6 52,127.2 52,113.4 0.0% 4.0% Impairment allowance for loans - 1,825.2 - 1,712.1 - 1,666.3 - 2.7% - 8.7% Property, furniture and equipment, net 818.8 894.8 858.1 - 4.1% 4.8% Other assets 5,102.9 5,360.6 5,467.9 2.0% 7.2% Total assets 95,557.2 97,592.3 97,127.5 - 0.5% 1.6% Liabilities Deposits and obligations 54,131.4 54,755.2 53,610.3 - 2.1% - 1.0% Due to banks and correspondents and inter - bank funds 8,322.0 7,592.4 7,997.1 5.3% - 3.9% Bonds, notes and other obligations 5,859.0 6,992.7 5,887.5 - 15.8% 0.5% Insurance contract liabilities 12,872.7 12,522.6 12,933.5 3.3% 0.5% Other liabilities 3,855.9 4,237.8 4,748.0 12.0% 23.1% Total liabilities 85,041.0 86,100.7 85,176.4 - 1.1% 0.2% Equity, net Equity attributable to IFS' shareholders 10,455.6 11,424.9 11,881.2 4.0% 13.6% Non - controlling interest 60.6 66.7 69.9 4.9% 15.3% Total equity, net 10,516.2 11,491.6 11,951.1 4.0% 13.6% Total liabilities and equity net 95,557.2 97,592.3 97,127.5 - 0.5% 1.6%
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Banking P&L 3Q25 Banking P&L statement S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Interest and similar income 1,505.8 1,450.5 1,467.2 1.2% - 2.6% Interest and similar expense - 549.7 - 510.9 - 499.9 - 2.2% - 9.1% Net interest and similar income 956.1 939.6 967.3 2.9% 1.2% Impairment loss on loans, net of recoveries - 377.4 - 308.5 - 256.7 - 16.8% - 32.0% Recovery (loss) due to impairment of financial investments 0.1 0.5 0.1 - 87.8% - 3.4% Net interest and similar income after impairment loss 578.8 631.6 710.6 12.5% 22.8% Fee income from financial services, net 210.3 213.0 228.9 7.5% 8.8% Other income 127.2 147.5 158.9 7.7% 25.0% Other expenses - 525.9 - 563.9 - 568.3 0.8% 8.1% Income before translation result and income tax 390.4 428.2 530.1 23.8% 35.8% Translation result - 9.5 1.2 1.0 - 16.4% n.m. Income tax - 82.3 - 101.3 - 129.8 28.2% 57.8% Profit for the period 298.7 328.1 401.2 22.3% 34.3% 47
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Banking statement of financial position 3Q25 48 Banking Segment' Statement of financial position S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Assets Cash and due from banks and inter - bank funds 13,345.5 11,878.2 11,592.1 - 2.4% - 13.1% Financial investments 11,048.6 12,087.1 11,632.6 - 3.8% 5.3% Loans, net of unearned interest 48,564.8 50,554.9 50,602.2 0.1% 4.2% Impairment allowance for loans - 1,825.0 - 1,711.9 - 1,666.0 - 2.7% - 8.7% Property, furniture and equipment, net 591.2 686.5 676.8 - 1.4% 14.5% Other assets 2,118.8 2,170.2 2,196.6 1.2% 3.7% Total assets 73,843.8 75,664.9 75,034.2 - 0.8% 1.6% Liabilities Deposits and obligations 51,354.6 52,036.0 51,193.3 - 1.6% - 0.3% Due to banks and correspondents and inter - bank funds 7,897.8 7,072.6 7,451.2 5.4% - 5.7% Bonds, notes and other obligations 4,493.8 5,602.9 4,514.2 - 19.4% 0.5% Other liabilities 1,574.1 1,613.3 2,078.7 28.8% 32.1% Total liabilities 65,320.4 66,324.7 65,237.4 - 1.6% - 0.1% Equity, net Equity attributable to IFS' shareholders 8,523.4 9,340.1 9,796.8 4.9% 14.9% Total equity, net 8,523.4 9,340.1 9,796.8 4.9% 14.9% Total liabilities and equity net 73,843.8 75,664.9 75,034.2 - 0.8% 1.6%
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Insurance P&L 3Q25 Insurance Segment's P&L Statement S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Interest and similar income 213.7 221.0 216.3 - 2.1% 1.2% Interest and similar expenses - 38.2 - 44.1 - 43.2 - 2.1% 13.1% Net Interest and similar income 175.5 176.8 173.1 - 2.1% - 1.4% Recovery (loss) due to impairment of financial investments - 9.1 - 0.4 - 77.7 n.m. n.m. Net Interest and similar income after impairment loss 166.5 176.4 95.4 - 45.9% - 42.7% Fee income from financial services, net - 2.8 - 3.2 - 3.4 4.9% 20.7% Insurance results 23.7 36.8 54.9 49.0% n.m. Other income - 38.0 - 30.7 - 1.2 - 96.2% - 96.9% Other expenses - 104.9 - 108.2 - 112.6 4.1% 7.3% Income before translation result and income tax 44.5 71.1 33.2 - 53.4% - 25.5% Translation result 22.9 9.8 4.8 - 51.1% - 79.1% Income tax - - - n.m. n.m. Profit for the period 67.4 80.9 37.9 - 53.1% - 43.7% 49
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Insurance statement of financial position 3Q25 50 Insurance Segment' Statement of financial position S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Assets Cash and due from banks and inter - bank funds 437.6 480.6 491.4 2.2% 12.3% Financial investments 13,566.2 13,840.0 14,264.0 3.1% 5.1% Property, furniture and equipment, net 25.8 29.9 30.7 2.9% 19.0% Other assets 2,155.2 2,281.3 2,369.1 3.8% 9.9% Total assets 16,184.7 16,631.8 17,155.1 3.1% 6.0% Liabilities Due to banks and correspondents and inter - bank funds 283.2 377.0 242.2 - 35.8% - 14.5% Bonds, notes and other obligations 1,245.1 1,274.6 1,259.4 - 1.2% 1.2% Insurance contract liabilities 12,872.7 12,522.6 12,933.5 3.3% 0.5% Other liabilities 1,429.2 1,804.9 2,009.3 11.3% 40.6% Total liabilities 15,830.2 15,979.1 16,444.5 2.9% 3.9% Equity, net Equity attributable to IFS' shareholders 354.5 652.8 710.7 8.9% n.m. Total equity, net 354.5 652.8 710.7 8.9% n.m. Total liabilities and equity net 16,184.7 16,631.8 17,155.1 3.1% 6.0%
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Wealth Management P&L 3Q25 Wealth Management Segment's P&L Statement S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Interest and similar income 43.6 43.1 39.7 - 8.0% - 9.1% Interest and similar expenses - 27.1 - 25.3 - 25.9 2.6% - 4.3% Net interest and similar income 16.5 17.8 13.7 - 23.1% - 16.9% Impairment loss on loans, net of recoveries 0.2 0.2 - 0.1 n.m. n.m. Recovery (loss) due to impairment of financial investments 0.0 - 0.2 0.6 n.m. n.m. Net interest and similar income after impairment loss 16.7 17.8 14.1 - 20.7% - 15.3% Fee income from financial services, net 43.2 49.6 50.0 0.9% 15.6% Other income 66.1 161.2 66.3 - 58.9% 0.3% Other expenses - 47.2 - 47.4 - 42.0 - 11.4% - 11.1% Income before translation result and income tax 35.5 131.7 38.4 - 70.8% 8.3% Translation result 0.3 2.2 - 1.8 n.m. n.m. Income tax - 2.4 - 16.9 15.6 n.m. n.m. Profit for the period 33.5 117.0 52.3 - 55.3% 56.2% 51
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Wealth Management statement of financial position 3Q25 52 Wealth Management Segment' Statement of financial position S/ million %chg %chg 3Q24 2Q25 3Q25 QoQ YoY Assets Cash and due from banks and inter - bank funds 509.2 533.6 618.5 15.9% 21.5% Financial investments 2,084.5 1,986.4 2,018.6 1.6% - 3.2% Loans, net of unearned interest 1,518.4 1,622.5 1,613.2 - 0.6% 6.2% Impairment allowance for loans - 0.3 - 0.2 - 0.4 n.m. 40.5% Property, furniture and equipment, net 53.6 51.7 50.8 - 1.7% - 5.2% Other assets 101.3 122.0 150.1 23.0% 48.2% Total assets 4,266.7 4,316.0 4,450.8 3.1% 4.3% Liabilities Deposits and obligations 3,189.1 2,929.3 3,198.1 9.2% 0.3% Due to banks and correspondents and inter - bank funds 80.1 265.8 130.1 - 51.1% 62.5% Bonds, notes and other obligations 294.2 - 46.4 n.m. - 84.2% Other liabilities 53.2 76.8 57.1 - 25.7% 7.2% Total liabilities 3,322.4 3,271.9 3,385.2 3.5% 1.9% Equity, net Equity attributable to IFS' shareholders 944.3 1,044.1 1,065.6 2.1% 12.8% Total equity, net 944.3 1,044.1 1,065.6 2.1% 12.8% Total liabilities and equity net 4,266.7 4,316.0 4,450.8 3.1% 4.3%
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Definitions Concept Definition Total revenues Net interest and similar income + Net fee income from financial services + Other income + Income from insurance results Efficiency ratio (Salaries and employee benefits + Administrative expenses + Depreciation and amortization) / (Net interest and similar income + Net fee income + Other income + Income from insurance results) NIM (Net interest and similar income) / (Average interest-earning assets) Interest earning assets Total loans + total investment available for sale + total cash and due from banks funds Relevant net income Relevant net income for dividend payments % Revenues (Net fee income + Other income) / (Net interest income + Net fee income + Other income) Loan-to-deposit ratio Total gross loans / Deposits NPL coverage ratio Stock of provisions / (Stage 3 direct loans) (S2 + S3) ratio (Exposure under Stage 2 and Stage 3) / (Total exposure under IFRS 9) S3 NPL ratio (Stage 3 direct loans) / (Total direct loans) Expected loss (Stock of provisions) / (Total exposure) Cost of risk (Annualized impairment loss on loans, net of recoveries) / (Average gross loans) Total revenues Net interest and similar income + Net fee income from financial services + Other income + Income from insurance results Efficiency ratio (Salaries and employee benefits + Administrative expenses + Depreciation and amortization) / (Net interest and similar income + Net fee income + Other income + Income from insurance results) NIM (Net interest and similar income) / (Average interest-earning assets) Interest earning assets Total loans + total investment available for sale + total cash and due from banks funds Relevant net income Relevant net income for dividend payments % Revenues (Net fee income + Other income) / (Net interest income + Net fee income + Other income) Loan-to-deposit ratio Total gross loans / Deposits NPL coverage ratio Stock of provisions / (Stage 3 direct loans) (S2 + S3) ratio (Exposure under Stage 2 and Stage 3) / (Total exposure under IFRS 9) S3 NPL ratio (Stage 3 direct loans) / (Total direct loans) Expected loss (Stock of provisions) / (Total exposure) Cost of risk (Annualized impairment loss on loans, net of recoveries) / (Average gross loans) 53
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This corporate presentation contains “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1955 . Other than statements of historical or current facts, all statements included in this presentation regarding IFS’ business, financial condition, results of operations and certain of IFS’ plans, objectives, targets, assumptions, projections, expectations or beliefs and statements regarding other future events or prospects are forward - looking statements . These statements include, without limitation, those concerning : (i) IFS’ strategy and IFS’ ability to achieve it ; (ii) expectations regarding sales, profitability and growth, expected or assumed future results of operations, dividends, capital expenditures and investment plans ; (iii) adequacy of capital ; and (iv) financing plans, objectives or goals and anticipated trends . In addition, this presentation includes forward - looking statements relating to IFS’ potential exposure to various types of market risks, such as macroeconomic risk, political and geopolitical risks, foreign exchange rate risk, interest rate risks and other risks related to IFS’ financial performance . The words “aim,” “may,” “will,” “expect,” “is expected to,” “anticipate,” “believe,” “future,” “continue,” “help,” “estimate,” “plan,” “potential,” “target,” “project,” “achieve,” “schedule,” “intend,” “should,” “would,” “seeks,” “estimates,” “shall,” or the negative or other variations thereof, as well as other similar expressions regarding matters that are not historical facts, are or may indicate forward – looking statements . IFS has based these forward - looking statements on its management’s current views with respect to future events and financial performance . These views reflect the best judgment of IFS’ management but involve a number of risks and uncertainties which could cause actual results to differ materially from those expected in IFS’ forward – looking statements and from past results, performance or achievements . Although we believe that the estimates reflected in the forward - looking statements are reasonable, such estimates may prove to be incorrect . By their nature, forward - looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future . There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward - looking statements . These factors include, among other things : (a) IFS’ holding company structure ; (b) economic, business and political developments in Peru and globally ; (c) changes in Peruvian, Panamanian and Bahamian and other foreign laws and regulations, including the adoption of new capital requirements for banks or insurance companies and heightened regulatory and governmental oversight ; (d) increased competition in the Peruvian financial services and insurance markets ; (e) increased inflation ; (f) exchange rate instability and government measures to control foreign exchange rates ; (g) developments affecting the purchasing power of middle income consumers or consumer spending generally ; (h) increases in interest rates ; (i) downturns in the capital markets and changes in capital markets in general that affect policies or attitudes towards lending to Peru or Peruvian companies or securities issued by Peruvian companies ; (j) IFS’ ability to keep up with technological changes, including, without limitation, artificial intelligence ; (k) the inability to obtain the capital we need for further expansion of IFS’ businesses ; (l) the inability to attract and retain key personnel ; (m) changes in tax laws ; (n) severe weather, natural disasters and adverse climate changes ; (o) pandemic, epidemics or other diseases and health emergencies ; (p) geopolitical conflicts ; (q) changes in regional or global markets ; (p) dependence on sovereign debt in IFS’ investment portfolios ; (r) credit and other risks of lending, such as increases in defaults of borrowers ; (s) increased costs of funding or IFS’ inability to obtain additional debt or equity financing on attractive terms or at all ; (t) a deterioration in the quality of IFS’ assets ; (u) allowances for impairment losses may be inadequate ; (v) changes to accounting standards ; (w) changes in actuarial assumptions upon which IFS’ annuity business is based ; (x) failure to adequately price insurance premiums ; (y) decreases in the spread between investment yields and implied interest rates in annuities ; (z) dependence on information technology systems and cybersecurity risks ; (aa) ability to appropriately address social, environmental and sustainability concerns that may arise, including from business activities ; and (bb) other risks and uncertainties . Additionally, new risks and uncertainties can emerge from time to time, and it is not possible for IFS to predict all future risks and uncertainties, nor can IFS assess their potential impact . Accordingly, you should not place undue reliance on forward - looking statements as a prediction of actual results . All forward - looking statements included in this corporate presentation are based on information available to IFS on the date of this corporate presentation . IFS undertakes no obligation to update publicly or revise any forward - looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law . All other written and oral forward - looking statements attributable to IFS or persons acting on IFS’ behalf are expressly qualified in their entirety by the cautionary statements contained throughout this corporate presentation . Safe Harbor for Forward - Looking Statements 54
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