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 10.7% Wholesale and Retail Trade PERUVIAN GDP BY INDUSTRY* (Q4 2019) 13.0% Mining, Oil, & Gas 6.7% Construction 1.8% Electricity & Water 10 y/y % change 8 6 4 20 -2 -4 -6 16 Contributions to Peruvian GDP Growth 17 50.3%- Other 5.3% Natural Resources * Q1-2020 real GDP growth -3.4% y/y. Industry GDP breakdown not yet available for Q1 2020. Top 5 Trading Partners Others 43% China 27% Net Exports Investment Inventories Government Real GDP Consumption 18 19 South Korea 4% Spain Brazil 4% 5% Sources: Scotiabank Economics, Haver Analytics. United States 18% 67 62

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