The Holders of record of the 6.625% Fixed-to-Floating Rate Subordinated Notes due 2029 (Notes) of Banco Internacional del Perú S.A.A. (Issuer), as such Holders appear in the Security Register, that, pursuant to Section 3.9 of the Indenture, dated as of March 18, 2014 (the "Indenture"), among the Issuer, The Bank of New York Mellon, as trustee (the "Trustee"), paying agent, transfer agent, calculation agent and security registrar, an d The Bank of New York Mellon SA/NV, Luxembourg Branch (formerly known as The Bank of New York Mellon (Luxembourg) S.A.), as Luxembourg paying agent and Luxembourg transfer agent, governing the Notes, the Issuer elects to redeem 100% of the Notes that remain outstanding on the date hereof (the "Redeemed Notes"). Unless otherwise defined herein, terms defined in the Indenture are used herein as therein defined. Pursuant to Section 3.9 of the Indenture, the Redeemed Notes will be redeemed on March 19, 2024 (Redemption Date) at a redemption price (Redemption Price) equal to 100% of the outstanding principal amount of the Redeemed Notes, plus any accrued and unpaid interest on the principal amount of such Redeemed Notes up to, but not including, the Redemption Date, plus any Additional Amounts.

The Redemption Price will be paid to the Holders on the Redemption Date. In accordance with Section 3.6 of the Indenture, no additional interest shall accrue on or after the Redemption Date unless the Issuer defaults in the payment of the Redemption Price.