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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 18 free-trade agreements with 52 countries that account for 66% of global GDP. Government spending, transfer programs, and pension withdrawals helped to bolster a rebound into 2022. 12.8% Manufacturing 10.5% Wholesale & Retail Trade Other PERUVIAN GDP BY INDUSTRY (Q3-2021) GDP 2021E: 13.3% GDP 2022F: 2.6% GDP 2023F: 2.8% Sources: Scotiabank Economics, Bloomberg, as of February 18, 2022. Contributions to Peruvian GDP Growth 50 y/y % change 40 30 20 10 0 -10 Net Exports Investment Inventories Government -20 Consumption Real GDP -30 -40 17 18 19 20 21 Sources: Scotiabank Economics, Haver Analytics. 31.2% 11.7% Mining, Oil, & Gas 6.3% Construction 1.9% Electricity & Water 8.0% Top Trading Partners* China 29% Others 36% Natural Resources India 4% United States 15% South Korea 5% EU 11% * Trade data updated as of Q3-2021. 63 63
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