Slides
Page 1
Credicorp: Why Invest February 2026
Page 2
OurPurpose Contributeto improvinglives by drivingthe changes that our countries need. OurVision We are a leading team in Latin America that generates the right impact on society, inspired to deliver innovative financial solutions that improve people’s lives. 24Q25 | Credicorp: Why Invest
Page 3
LinesofBusiness Subsidiaries A LeadingFinancialServicesGroupintheAndeanRegion,withDominantShare in EachofitsBusinessesin Peru Net IncomeDec 25 S/6,925M TotalAssets Dec 25 S/267,363M (1) As a percentage to Credicorpʼs Earnings Contribution based on the total of our 8 main subsidiaries: BCP, BCP Bolivia, Mibanco, Mibanco Colombia, Pacifico Seguros, Prima AFP, Credicorp Capital and ASB Bank Corp. (2) BCP Stand-alone in Loans and Deposits in the Peruvian Financial System, as of Dec 2025. (3) Mibanco in Assets in the Microfinance sector, as of Dec 2025. (4) Grupo Pacifico in terms of Net Earned Premiums; Prima AFP in terms of AUMs, both as of Jun 2025. (5) Credicorp Capital SAB in terms of traded volume for equity transactions in the BVL secondary market, as of Jun 2025. Marketposition inPeru NetIncome Contribution1 Countries ofOperations Corporate VentureCapital TotalAssets Contribution UniversalBanking #12 75.4% 81.0% Microfinance #13 7.9% 7.9% #15 2.8%InvestmentManagement &Advisory 3.1% Insuranceand Pensions #24 13.7% 8.0% 34Q25 | Credicorp: Why Invest
Page 4
StrengtheningCoreBusinessesandLeadinginInnovationThrough a Unified Digital Ecosystem Reinforcing Leadership Position of Core Businesses and Operating as a Top Player Leveraging Innovation By anticipating evolving market needs, we continuously optimize our business portfolio, embracing agility and a self-disruptive mindset that drives us to outperform ourselves. ComplementingCore Businesses Witha DisciplinedInnovationPortfolio Acquiring/SMEServices NeobankModel InsurTech Wealth Tech Integrating Digital Capabilities to Improve Efficiency and Enhance Customer Experience Evolving OurMicrofinance Model to Build a More Resilient and Sustainable Business LeveragingProduct Capabilities and Digital Ecosystem for Mass Distribution Consolidating Our Diversified Portfolio and Strategic Transformation 1 2 3 4 4Q25 | Credicorp: Why Invest 4
Page 5
A DisciplinedInnovationPortfolioasa Growth Avenue, Targetinga 10% Risk-adjustedRevenue Contribution Yapereaches maturity and exits the innovation portfolio Other relevant initiatives exit the innovation portfolio ~81%of portfolio netrevenueby2026 Andothermid-stage initiatives Investment Appetite ROE ≤-150 bps C / I ≤+350 bps InnovationPortfolio 54Q25 | Credicorp: Why Invest
Page 6
WhyInvestinCredicorp? 2 ScalinganIntegratedDigitalEcosystem 1 PrioritizingLeadingMarketPositionsinan UnderpenetratedRegionwithClearGrowthAvenues 3 UnlockingSynergiesbyLeveragingShared CapabilitiesAcrosstheEcosystem 4 DeliveringStrong,ResilientReturnsAcross EconomicCycles StrategicPrioritiesAs Anchors Talent SustainabilityInnovation 64Q25 | Credicorp: Why Invest
Page 7
WhyInvestinCredicorp? 2 ScalinganIntegratedDigitalEcosystem 1 PrioritizingLeadingMarketPositionsinan UnderpenetratedRegionwithClearGrowthAvenues 3 UnlockingSynergiesbyLeveragingShared CapabilitiesAcrosstheEcosystem 4 DeliveringStrong,ResilientReturnsAcross EconomicCycles StrategicPrioritiesAs Anchors Talent SustainabilityInnovation 74Q25 | Credicorp: Why Invest
Page 8
UnlockingFinancialAccess WhereItʼsNeededMost1 PeruʼsSocialIndicators (2024) Poverty (%of Population) 27.6% Economic Active Population (Millionpeople) 26.8 70.9%Informality (%of employed labor force) 50.5%MiddleClass (%of Population) UntappedPotential forFinancialServices inPeru Opportunitiesin Peruʼs UnpenetratedBusinesses (1)Total system -wide balances (Banks and non -bank financial institutions ). (2) Measured as average monthly cashless payments value (3) contribution at 2007 constant prices. (4)Figures for 2025. Sou rce: Ministry of Production, INEI SMEs Loans3 As a % of GDP 20% 7MUnbanked Micro Entrepreneurs 2.5% +9.3% Insurance Penetration4 USD Premiums CAGR 2018 – 2024 Loans1 Deposits1 Cashless2 (%of GDP) Dec25 Dec25 2023 35% 39% 32% 42% 44% 33% 56% 54% 45% 84% 65% 83% 84Q25 | Credicorp: Why Invest
Page 9
ConsumerLoans1 PaymentsRevenue /MAU(S /)2 Insurance1 Remittances2SMELoans1 BCP Mass Consumers BCP Mass Consumer Loan Clients ~15% . 16Million Anual Revenue Pool (TAM S/) Credicorp 2024 Revenues ~3% ~1,400MillionSME (<S/60K Loans) Balance BCP+Mibanco Market Share ~26% S/26Billion BCP Individual Clients BCP Insured Clients ~12… . +18Million +RiskadjustedNIM +Feeincome GrowthOpportunity Loans Feesand 24.1 OtherIncome 3.1 . EnhancingFinancialAccess ToSupporttheExpansionof Our CreditPortfolioWhileStrengtheningFeesandOtherIncomeGrowth 1 (1)Data as of June 2025. (2) Data as of December 2024 9 ~12% 4Q25 | Credicorp: Why Invest
Page 10
WhyInvestinCredicorp? 2 ScalinganIntegratedDigitalEcosystem 1 PrioritizingLeadingMarketPositionsinan UnderpenetratedRegionwithClearGrowthAvenues 3 UnlockingSynergiesbyLeveragingShared CapabilitiesAcrosstheEcosystem 4 DeliveringStrong,ResilientReturnsAcross EconomicCycles StrategicPrioritiesAs Anchors Talent SustainabilityInnovation 104Q25 | Credicorp: Why Invest
Page 11
DigitalEcosystemExpansionFueling StrongClientGrowth andEngagement 2 Numberof BCP Clients1 InMillions MarketShareof Low-CostDeposits (Dic-25) +40.7% +223bpssince 2018 2019 2020 20221 2022 2024 20252023201 17.8 19.7 15.1 12.7 10.89.68.57.4 (1) Including Yape . CredicorpData Marketplace Wealth Management Products Credit Cards and Consumer Loans SuperApp Acquiring Business Pension Fund SME Loans Health Insurance 114Q25 | Credicorp: Why Invest
Page 12
StrengtheningourEcosystemThroughtheVirtuousFinancial InclusionCycle 2 Digital Service Model Lower Cost-to-Serve Expand distribution with all Credicorp and third-party channels HigherValue Experience Deepens relationship More Engagement Increases use MoreAccess &Usage More clients, higher usage Virtuous Cycle of Financial Inclusion (1)Number of financially included clients through BCP since 2020: (i) New clients with savings accounts or affiliated to Yape. (ii) New clients without debt in the financial system or BCP products in the last twelve months. (iii) Clients with three monthly average transactions in the last three months. BCP ConsumerNPS (Points) BCP Cost-to-Serve (points) Ambition Achievements 6.6M 8.0 M 2025 2028 Financially Included Peruvians¹ 47 62 2021 2024 15.4 12.5 124Q25 | Credicorp: Why Invest
Page 13
DigitalEcosystemat Work:UnlockingScalableGrowth AcrossBusinesses 2 (1) Loan Portfolio measured in average daily balances. | Source: Management Figures Bancassurance 578 378 2021 750 817 2024 3x 2028 956 1,567 Mandatory Optional 1.6x SupplyChainFinance 2021 2024 3,215 4,006 1,433 306 3,520 5,440 1.5x 6x 2030 1,363 90 2023 1,406 332 2024 1,453 1,738 BCP Yape Yape+BCP Paymentsand TransactionalServices 1.2x 3x 2028 SME Factoring FeeIncome (S/ millions) PacificoPremiums (S/ millions) LoanPortfolio1 (S/ millions) 134Q25 | Credicorp: Why Invest
Page 14
WhyInvestinCredicorp? 2 ScalinganIntegratedDigitalEcosystem 1 PrioritizingLeadingMarketPositionsinan UnderpenetratedRegionwithClearGrowthAvenues 3 UnlockingSynergiesbyLeveragingShared CapabilitiesAcrosstheEcosystem 4 DeliveringStrong,ResilientReturnsAcross EconomicCycles StrategicPrioritiesAs Anchors Talent SustainabilityInnovation 144Q25 | Credicorp: Why Invest
Page 15
ParentingAdvantage:UsingData,AI,andRisk Management toBuilda ScalableDigital Ecosystem3 Strengtheningtechcapabilities toaccelerategrowth ScalingAItotransform thewayweoperate RiskManagement as competitiveedge Enhancing Customer Experience Boosting Operational Efficiency Enabling Smarter Decisions Accuracy and Speed Alternative Data Sources Cybersecurity Reinforcement Simplify and Modernize One Way of Working “Business-in-a-box” models Centralized Functions Tapping into Start-up Technologies 15 Use cases Use cases 4Q25 | Credicorp: Why Invest
Page 16
TechnologyInvestmentsDrive ScalableGrowthandBoost OperatingIncome 3 BCP:Costper transaction(inS/) BCP:Big8 Uptime( % ) 201920182017 2020 2021 2022 2023 2024 2025 13.7 14.5 15.6 14.7 16.7 16.8 1 9 . 1 20.7 22.4 3.9% 3.8% 4.4% 5.7% 6.2% 7.6% 7.8% 8 . . 3% 8.5% Cybersecurity Risk (vulnerabilityexposure) -80%2025 vs 20233 Operating Income (S/Billions) ITOPEX (%ofOperating Income) +4.1pp Change since2019 +1.4x -93% -5.3pp 0.03 99.9 0.12 99.6 0.42 94.6 OperatingIncomeandITOpex (As %of Operating Income)1 164Q25 | Credicorp: Why Invest
Page 17
WhyInvestinCredicorp? 2 ScalinganIntegratedDigitalEcosystem 1 PrioritizingLeadingMarketPositionsinan UnderpenetratedRegionwithClearGrowthAvenues 3 UnlockingSynergiesbyLeveragingShared CapabilitiesAcrosstheEcosystem 4 DeliveringStrong,ResilientReturnsAcross EconomicCycles StrategicPrioritiesAs Anchors Talent SustainabilityInnovation 174Q25 | Credicorp: Why Invest
Page 18
Net Income (S/ Millions) Nominal GDP Growth 1,614 1,950 2,080 1,538 3,092 3,515 4,092 3,984 4,265 4,648 4,866 5,501 2010 2011 2012 2013 2014 2016 2017 347 2,388 2024 2025202320222021 3,585 2015 202020192018 NI Growth Credicorp: 11.4% Nominal GDP Growth Perú: 7.0% Credicorp: 17.9% Perú: 5.9% 2010 - 2019 3.0x 1.6x 21.7% 3.9% WithPeruʼsGrowth Moderating,WeTurnedOurFocus toDecouplingfromtheMacro 4 6,925 18 2021 - 2025 4Q25 | Credicorp: Why Invest
Page 19
IndexedTotalShareholderReturn (100=Oct95 PE CO; Jan97 CH; Jun97 BR; Jun09 MX) Oct-95 Apr-99 Jul-04 Jan-08 Jul-11 Jan-15 Jul-18 Jan-22 Dic-25 5,608% 2,393% 1,229% 1,077% 618% Credicorp ColombianPeersChilean Peers BrazilianPeers MexicanPeers Credicorp ColombianPeers ChileanPeers BrazilianPeers MexicanPeers AverageAnnualizedTSR Perfomance( % ) 15.4% 14.3% 12.7% 11.9% 8.6% 10Y 20Y 16.8% 6.1% 10.6% 6.9% 14.5% 7.6% 30Y CapturedandMultipliedtheValueof PeruʼsTransformation Delivering StrongTotalShareholderReturns(TSR)4 194Q25 | Credicorp: Why Invest
Page 20
COVID-19Crisis AvgROE: AvgC/I: EarlyInvestments &CapabilityBuilding 2017- 20191 ~18% ~44%(~47.5%under IFRS17) CapabilityBuilding &ScalingAdoption 2021-20221 ~ 1 5 % ~45%(~48.5%under IFRS17) ScalingAdoption &Monetizing 2023-2024 ~16% ~46% Revenues Revenues without Innovation Portfolio Cost Cost without Innovation Portfolio 201720162015 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Long-term Ambitions Innovation Portfolio Breakeven ~19.5% ~42% Medium Term ROE Expectations Driven by Capability Building and andInnovation 4 204Q25 | Credicorp: Why Invest
Page 21
Recapof KeyInvestmentDrivers 2 ScalinganIntegratedDigitalEcosystem 1 PrioritizingLeadingMarketPositionsinan UnderpenetratedRegionwithClearGrowthAvenues 3 UnlockingSynergiesbyLeveragingShared CapabilitiesAcrosstheEcosystem 4 DeliveringStrong,ResilientReturnsAcross EconomicCycles StrategicPrioritiesAs Anchors Talent SustainabilityInnovation 214Q25 | Credicorp: Why Invest
Page 22
StrategicPrioritiesas Anchors AcceleratingDigital Transformation and Innovationat Credicorp and ItsSubsidiaries Integrating Sustainability, at the Core of OurBusiness Ensuring theBest Talent Througha Compelling Value Proposition 224Q25 | Credicorp: Why Invest
Page 23
Appendix February 2026
Page 24
CredicorpKeyFinancialMetrics 4,760 4,648 4,960 4,866 5,623 5,501 16,8% 1.9% 1.8% 5.1% 4.3% 15.8% 2.1% 2.9% 6.0% 4.4% 16.5% 2.2% 2.7% 6.3% 4.8% 94,382 79,533 14,849 15 1,196,422 94,382 79,496 14,886 25 1,994,037 94,382 79,434 14,948 46 3,667,644 148,626 148,172 144,976 144,273 145,732 142,550 47.5% 4.4% 46.1% 3.7% 45.0% 3.8% 10.0% 12.6% 14.4% 13.1% 13.2% 17.5% 13.1% 13.3% 18.7% 12.4% 16.5% 14.7% 18.2% 18.4% 20.7% 17.1% 17.5% 19.4% 4.0% 3.1% 5.4% 1.2% 132.5% 97.9% 4.2% 3.2% 5.9% 2.5% 135.1% 97.0% 3.7% 3.0% 5.3% 2.4% 147.4% 104.3% Results Net Income (S/ Millions) Net Income attributate to Credicorp (S/ Millions) 4,352 4,265 ROE 17.0% ROA 2.3% Profitability Funding Cost 2.4% NIM, interest earning assets 5.4% Risk-adjusted NIM 4.3% Loangrowth Quarter-end balances (S/ Millions) 115,610 Average daily balances (S/ Millions) 110,800 Internaloverdue ratio 2.9% Internal overdue ratio over 90 days 2.1% NPL 3.9% Loanportfolioquality Cost of risk 1.6% Coverage of internal overdue loans 155.4% Coverage of NPLs 114.4% Efficiency Efficiency ratio 43.6% Operating expenses / Total average assets 5.0% Tier 1Ratio 11.1% BCP Stand-aloneCapitalRatios Common Equity Tier 1Ratio 12.4% BIS Ratio - Global Capital Ratio 14.5% Tier 1Ratio 12.1% MibancoCapitalRatios Common Equity Tier 1Ratio 15.7% BIS Ratio - Global Capital Ratio 14.5% Issued Shares (Thounsands) 94,382 Outstanding Shares (Thounsands) 79,510 ShareInformation Treasury Shares (Thounsands) 14,872 Dividends per Share (S/) 30 Dividends distribution,net of treasury shares effect (S/000) 398,808 SummaryResults 2019 2022 % Change 2025/20242025 Year 2023 2024 UnderIFRS4 UnderIFRS17andnewRegulatoryCapitalRatios 24 7,083 6,925 19.0% 2.6% 2.3% 6.3% 5.3% 149,985 145,850 3.2% 2.7% 4.5% 1.6% 159.3% 112.4% 46.6% 4.0% 13.7% 14.0% 19.4% 17.4% 17.3% 21.3% 94,382 79,366 15,016 40 3,181,440 26.0% 25.9% 258 bps 43 bps -43 bps -2 bps 51 bps 2.9% 2.3% -51 bps -29 bps -71 bps -79 bps 1192 bps 811 bps 154 bps 22 bps 58 bps 67 bps 73 bps 34 bps -23 bps 183 bps 0.0% -0.1% 0.5% -13.3% -13.3% 4Q25 | Credicorp: Why Invest
Page 25
BCP is the #1 Bank in Peru with Unparalleled Customer Reach and Diversified Sources of Revenue 2025 Assets (S/Millions) 204,892 Loans 1 (S/Millions) 125,201 Portfolio Mix 1 Wholesale Retail Net Income Contribution (S/Millions,%) ROE 24.7% 43% 56% 5,908 76.8% (1) Measured in end-of-period balances. (2) Average monthly cashless payments value [ 202 3 ] %Cashless2/GDP 32 33 45 83 2.6X [ Dec -25] %Deposits/GDP 44 39 54 65 Peru is an Attractive Market to Grow with Financial Products 1.5X 254Q25 | Credicorp: Why Invest
Page 26
26 2025 MAU 1 • 15.9 million Financials E-Commerce • 16.3 million disbursed loans • 43% of Yape’s Revenue 2 • S/607.7 million of GMV 3 • 4% of Yape’s Revenue Contribution • 5.9% of Credicorp’s Risk - adjusted Revenue Payments • 213 million bill payments trxs • 53% of Yape’s Revenue (# Monthly Transactions / MAU) 66 10% -60% TAM penetration of main Payments products Lending: Disbursed Clients (million) 4.1 +7 Million Pre-Approved Clients Payments: Monthly Transactions per MAU Jun 23 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 Sep 23 Dec 23 Mar 24 Jun 24 Sep 24 Dec 24 Mar 25 Jun 25 Sep 25 Dec 25 Yape Builds Long-Term Value Across the Ecosystem, Unlocking Further Growth Opportunities 4Q25 | Credicorp: Why Invest
Page 27
Mibancois the #1 Peruvian Microfinance with a Replicable Business Model in an Untapped Region 2025 Assets (S/Millions) Loans 1 (S/Millions) Net Income Contribution (S/Millions,%) ROE 18,361 2,812 13,607 2,315 455 47 6.4% 0.7% 16.6% 10.3% (1 ) Measured in end-of-period balances. (2) As of Dec 2025. Significant Untapped Potential US$12.8 Bn Microfinance sector size ~12 M M unbankedbusinesses andindividuals (6-8MM served by informal lenders +family / friends) 1.5x Size of the economy vs. Peru ~7 M M unbankedbusinesses and individuals 9 9 %of businesses are Micro and Small 9 0 %of Total employment generated by Micro and Small Businesses Peru 2 Colombia 2 274Q25 | Credicorp: Why Invest
Page 28
The Insurance and Pension Businesses Rank #2 in Premiums and AUMs in Peru, the Fastest Growing and Least Penetrated Market in LatAm 2025 Assets (S/ Millions) 20,626 2025 AuMs (S/ Millions) 32,819 78.1% Flow 18.7% Balance 3.2% Voluntary Commissions (S/ Millions) 383.5 Affiliates (Thousands) 2,360 ROE Net Income Contribution (S/ Millions,%) 146.5 1.9% 31.6% Insurance Underwriting Results 1 (S/ Millions) Net Income Contribution (S/ Millions,%) 881.9 838.1 10.9% ROE 21.4% Peru is the highest growing & least penetrated insurance market in Latin America +9.3%2 +6.8%3 +0.5%3 2.5%2 3.7%2 5.3%2 US$ Premium CAGR 19-25 Insurance Penetration (1) Includes Crediseguros. (2) As of Dec 2025. (3) As of Dec 2024. Medical Services (S/ Millions) 414.7 28 4Q25 | Credicorp: Why Invest
Page 29
In IM & A, our Diversified Portfolio and the Strategic Transformation Undertaken in Recent Years have Delivered Solid and Sustainable Results ESG Practices Promoting and financing sustainable investments Building long-term relationships based on equality and respect Enhancing our communities’ experience with the financial system WM AuMs (US$ Millions) 24,026 AM AuMs (US$ Millions) 34,830 Net Income Contribution (S/Millions) 248 ROE 16.4%1 2025 Internal Management Figures (includes Credicorp Capital, ASB Bank Corp.,and BCP Private Banking). Capital Markets Leading Positions 33% Wealth Management34% Asset Management 20% % of Credicorp Capital’s 2025 Revenues Focus on Recurring & Scalable Business Our Regional Presence Capital Markets (Sales + Trading) #1 #1 Fixed Income Fixed Income & Equity 294Q25 | Credicorp: Why Invest
Page 30
Credicorp: Why Invest February2026