Investor Presentaiton

Peruvian Economy Resilient economic fundamentals • Peru's important resource sectors are increasingly balanced by stronger service-sector activity and solid economic fundamentals Peru has 16 free-trade agreements with 49 countries that account for 66% of global GDP Investment is making a consistently strong contribution to GDP, which should make solid growth rates more sustainable in the future 12.3% Manufacturing 10.2% Finance, Insurance, & Real Estate 31.9% PERUVIAN GDP BY INDUSTRY (Q2 2019) 20.8% Transportation, Information & Commerce 5.5% Construction Other 5.1% Natural Resources 14.1% Mining & Energy Contributions to Peruvian GDP Growth Top 5 Trading Partners 8 y/y % change 6 4 2 0 -2 -4 -6 Net Exports Inventories Investment Government Consumption Real GDP 16 60 17 18 19 Sources: Scotiabank Economics, Haver Analytics. Others 43% China 27% South Korea 4% Spain United States Brazil 4% 18% 5% 59

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