MINORITY SHAREHOLDERS TRANSFER OF THEIR 29.3% STAKE OF CULQI, FINTECH STARTUP

Minority shareholders transfer of their 29.3% stake of Culqi, fintech startup

Minority shareholders of Soluciones Móviles S.A.C. (“Culqi”), where advised by Hernández & Cía. Abogados in the transfer of their 29.3% stake of shares of Culqi, Peruvian fintech startup which develops and operates a platform for accepting online payments.

The transaction involved the purchase by Krealo, business unit of Credicorp which invests and creates digital businesses, of the 100% of Culqi´s stake shares, aiming to develop solutions for pymes, jointly with the alliance of Credicorp´s subsidiaries, such as Banco de Crédito and MiBanco.

The transaction´s value is confidential.

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