Semicon 2024

SEMICON 2024

THE LEADING BANK

IN CENTRAL AMERICA

BAC CORPORATE BANKING

W E ARE YOUR BUSINESS PARTNER

CORPORATE STRATEGY

Development and well-being of our collaborators

Create impact in the communities where we operate

and digital financial solutions

W E ARE YOUR BUSINESS PARTNER

Simple

1952

The Bank of America was founded in Nicaragua.

1980s

The Group ventured into the banking business in Costa Rica.

OUR HISTORY

2005

Strategic partnership with GE consumer finance (GE acquired 49.99% of the group's shares)

2009

GE Capital increased participation to 75%.

2013

Acquisition of Grupo Reformador (Guatemala) and BBVA (Panama)

2021

BAC begins its triple positive value strategy

BAC establishes its alliance with BBVA 2023

1970s

Credomatic companies launched their credit card operations.

1990s

Bank permits were obtained in the rest of the countries in Central America and the Group’s presence throughout the region was fortified.

2007

Acquisition of BAMER (Honduras), PROPEMI (El Salvador) and Miravalles Financial Corporation (Costa Rica)

2010

Grupo Aval de Colombia acquired 100% of GE shares

2015

BAC establishes its alliance with BOFA

2022

BAC begins trading on the Colombian Stock Exchange

W E ARE YOUR BUSINESS PARTNER

Our organization has almost 70 years of experience in offering financial products and services throughout the region. Today, our 4.3 million clients are served by almost 19,000 employees.

With an eye to an environment of permanent change and evolution, BAC has developed a digital banking system that is currently used by more than 2.3 million clients.

At BAC, we believe in strong and responsible business management – a value in line with our triple-positive strategy, which demonstrates our commitment to more prosperous countries via economic, social, and environmental axes. We are proud to be the region's first group o r o U o s’ r p s for Responsible Banking.

BA ’s pro u s s r s r sg to meet the needs of each of its clients.

W E ARE YOUR BUSINESS PARTNER ECONOMIC VALUE ENVIRONMENTAL VALUE SOCIAL VALUE o u o 70+ +19K +4.3M +2.3M

EMPLOYEES CUSTOMERS DIGITAL CLIENTS

YEARS OF EXPERIENCE

THE LEADING BANK IN CENTRALAMERICA

20,155 4.7 M

6 REGIONAL PRESENCE Countries Employees Customers

305 Branches ATMs 2,105 9,363 Rapibacs

W E ARE YOUR BUSINESS PARTNER

DIGITAL TRANSFORMATION Digital customers +2.55 M Of monetary transactions through digital channels 91% JUNE 2023 BAC IN NUMBERS SOCIAL VALUE SMEs 300K Women entrepreneurs supported +11.9K % ISE 87% People reached with financial and digital education programs 1.3M Gender equality ro ou ro 43 Relational NPS ENVIRONMENTAL

Corporate loan portfolio with environmental and social value +$700M $220M Environmental footprint Personal loan portfolio with environmental and social value 29K Tons CO2 89K m3 of H20 325K kg waste ECONOMIC VALUE o os ro ou ro +$464M Net Income Assets $31.0Bn Loan Portfolio Deposits $20.8Bn $23.3Bn Reimagine

DECEMBER 2022

VALUE

banking to generate prosperity in the communities we serve OUR PURPOSE

o ro ou ro

JUNE 2023

THE LEADING BANK IN CENTRALAMERICA

W E ARE YOUR BUSINESS PARTNER

BAC IN NUMBERS

REGIONAL PRESENCE Countries Employees Customers 20,155 4.7 M

ATMs 2,105 9,363 Rapibacs o ro ou ro JUNE 2023 SOCIAL VALUE SMEs 300K Women entrepreneurs supported +11.9K % ISE 87% People reached with financial and digital education programs 1.3M Gender equality ro ou ro 43 Relational NPS ENVIRONMENTAL VALUE Corporate loan portfolio with environmental and social value +$700M $220M Environmental footprint Personal loan portfolio with environmental and social value 29K Tons CO2 89K m3 of H20 325K kg waste ECONOMIC VALUE o os ro ou ro +$464M Net Income Assets $31.0Bn Loan Portfolio Deposits $20.8Bn $23.3Bn Reimagine banking to generate prosperity in the communities we serve OUR PURPOSE DECEMBER 2022 DIGITAL TRANSFORMATION Digital customers +2.55 M Of monetary transactions through digital channels 91% JUNE 2023

305 Branches

THE LEADING BANK IN CENTRALAMERICA

W E ARE YOUR BUSINESS PARTNER

DIGITAL TRANSFORMATION Digital customers +2.55 M Of monetary transactions through digital channels 91% JUNE 2023 BAC IN NUMBERS 6 REGIONAL PRESENCE Countries Employees Customers 20,155 4.7 M 305 Branches ATMs 2,105 9,363 Rapibacs o ro ou ro JUNE 2023 SOCIAL VALUE SMEs 300K Women entrepreneurs supported +11.9K % ISE 87% People reached with financial and digital education programs 1.3M Gender equality ro ou ro 43 Relational NPS ENVIRONMENTAL VALUE Corporate loan portfolio with environmental and social value +$700M $220M Environmental footprint Personal loan portfolio with environmental and social value 29K Tons CO2 89K m3 of H20 325K kg waste Reimagine banking to generate prosperity in the communities we serve OUR PURPOSE DECEMBER 2022 ECONOMIC VALUE o os ro ou ro +$464M Net Income Assets $31.0Bn Loan Portfolio Deposits $20.8Bn $23.3Bn

THE LEADING BANK IN CENTRALAMERICA

W E ARE YOUR BUSINESS PARTNER

DIGITAL TRANSFORMATION Digital customers +2.55 M Of monetary transactions through digital channels 91% JUNE 2023 BAC IN NUMBERS 6 REGIONAL PRESENCE Countries Employees Customers 20,155 4.7 M 305

ATMs 2,105 9,363 Rapibacs o ro ou ro JUNE 2023 ENVIRONMENTAL VALUE Corporate loan portfolio with environmental and social value +$700M $220M Environmental footprint Personal loan portfolio with environmental and social value 29K Tons CO2 89K m3 of H20 325K kg waste ECONOMIC VALUE o os ro ou ro +$464M Net Income Assets $31.0Bn Loan Portfolio Deposits $20.8Bn $23.3Bn Reimagine banking to generate prosperity in the communities we serve OUR PURPOSE DECEMBER 2022 SOCIAL VALUE SMEs 300K Women entrepreneurs supported +11.9K % ISE 87% People reached with financial and digital education programs 1.3M Gender equality ro ou ro 43 Relational NPS

Branches

THE LEADING BANK IN CENTRALAMERICA

W E ARE YOUR BUSINESS PARTNER

DIGITAL TRANSFORMATION Digital customers +2.55 M Of monetary transactions through digital channels 91% JUNE 2023 BAC IN NUMBERS 6 REGIONAL PRESENCE Countries Employees Customers 20,155 4.7 M 305 Branches ATMs 2,105 9,363 Rapibacs o ro ou ro JUNE 2023 SOCIAL VALUE SMEs 300K Women entrepreneurs supported +11.9K % ISE 87% People reached with financial and digital education programs 1.3M Gender equality ro ou ro 43 Relational NPS ECONOMIC VALUE o os ro ou ro +$464M Net Income Assets $31.0Bn Loan Portfolio Deposits $20.8Bn $23.3Bn Reimagine banking to generate prosperity in the communities we serve OUR PURPOSE DECEMBER 2022 ENVIRONMENTAL VALUE Corporate loan portfolio with environmental and social value +$700M $220M Environmental footprint Personal loan portfolio with environmental and social value 29K Tons CO2 89K m3 of H20 325K kg waste

THE LEADING BANK IN CENTRALAMERICA

W E ARE YOUR BUSINESS PARTNER

DIGITAL TRANSFORMATION Digital customers +2.55 M Of monetary transactions through digital channels 91% JUNE 2023 BAC IN NUMBERS 6 REGIONAL PRESENCE Countries Employees Customers 20,155 4.7 M 305 Branches ATMs 2,105 9,363 Rapibacs o ro ou ro JUNE 2023 SOCIAL VALUE SMEs 300K Women entrepreneurs supported +11.9K % ISE 87% People reached with financial and digital education programs 1.3M Gender equality ro ou ro 43 Relational NPS ENVIRONMENTAL VALUE Corporate loan portfolio with environmental and social value +$700M $220M Environmental footprint Personal loan portfolio with environmental and social value 29K Tons CO2 89K m3 of H20 325K kg waste ECONOMIC VALUE o os ro ou ro +$464M Net Income Assets $31.0Bn Loan Portfolio Deposits $20.8Bn $23.3Bn Reimagine banking to generate prosperity in the communities we serve OUR PURPOSE DECEMBER 2022

WE ARE THE LEADING BANK IN CENTRALAMERICA

W E ARE YOUR BUSINESS PARTNER NET LOAN PORTFOLIO • US $186.9B ASSETS • US $308.7B EARNINGS BEFORE TAXES • US $2,112M DEPOSITS • US $221.2B Value Market share Market share variation (bps)

Note: Financial system data reported by the Panamanian regulator. BAC data considers consolidated figures form BIB and excludes accrued interest on loans and deposits. JUNE 2023

W E ARE YOUR BUSINESS PARTNER BAC IS A CATALYST OF ECONOMIC VALUE IN CENTRAL AMERICA 25,8% 26,2% 26,8% 27,4% 31,9% 31,5% 34,6% 36,2% 38,3% 40,0% 41,9% 47,2% 52,0% % of GDP Central America 18 19 20 21 28 28 32 33 35 37 40 48 56 5 5 5 6 6 6 7 7 8 8 8 9 11 3 4 4 5 5 6 7 7 8 9 9 10 11 8 10 11 13 14 15 18 19 20 22 19 26 32 6 8 9 11 14 17 21 25 29 32 32 42 50 39 44 49 55 67 72 84 91 100 108 107 135 161 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 52% Volume of Payments Through BAC as a Percentage of the Central America GDP Volume of payments made through BAC 2010-2022 ($B) Internacional Ameritransfer Payroll Merchant Suppliers CAGR 12.5% CAGR 12% CAGR 22.7% DECEMBER 2022

AWARDS AND RECOGNITIONS

MILESTONES

W E ARE YOUR BUSINESS PARTNER

2nd Financial Group in Profits Central America and Panama Leader in electronic channels Owner of the POS network and only processor of VISA, MC, AMEX, DinersClub, JBC, Discovery 2nd Financial Group in Profits Central America and Panama Largest ATM network Central America Regional card business leader in acquisition (59%) and issuance(37%) 2nd Financial Group in Profits Central America and Panama 2nd Financial Group in Profits Central America and Panama 2nd Financial Group in Profits Central America and Panama Awards granted by The European magazine Innovative Digital Bank of the Year 2018 Central America and the Caribbean 2018 Bank of the Year Costa Rica The Central American region is characterized by its significant openness to international trade Made up of small economies that are mainly driven by trade (exports and imports), as well as by foreign exchange earnings from remittances, foreign direct investment and tourism. BAC received more than 40 international awards and recognitions in recent years THIS INCLUDE

COMPANIES THAT RELY ON OUR CAPABILITIES

INDUSTRY, COMMERCE AND SERVICES

• Aliaxis

• BATCA

• Bimbo

• Kimberly Clark

• Pricesmart

• Bridgestone

• Phelps

• Qorvo

• R&D Altanova

• Rydev

• Flextronics

• Teradyne

• BriskHeat

• ALIGN Technology

• Arthrocare

• Edwards Lifesciences

• Viant

• Coopervision

• Nitinol Devices

• Telefónica

• Dole

• Bimbo

• Kelloggs

• Hewlett Packard

• Dodge

• Philip Morris

• Office Depot

• Cemex

• Plycem

• Cargill

• Fisher Scientific

• Coloplast

• Allergan

• Glaxo SmithKline

• Nevro Medical

W E ARE YOUR BUSINESS PARTNER

W E ARE YOUR BUSINESS PARTNER BAC Find us Mobile APP GEOGRAPHIC COVERAGE Rapibancos Digital Branches 6 Drive thru bank 7 Branches 43 612 ATMs 535 RapiBAC 1,988

PORTFOLIO PRODUCT

W E ARE YOUR BUSINESS PARTNER

• Host to Host

• SWIFT

• Automatic Bank Conciliation

• ERP Connector

• Páguelo

• POS

• Request to pay

• PAYBAC

• Bid and perforrmance bonds

• Letter of credit

• SBLC

• FX

• Rapibac

• ATM Full

• Armored cars

• In House Teller

• Virtual deposit

• Payroll and Supplier Payments

• ACH Transfers

• International Wire transfer

• Ameritr@nfer - Regional Transfers • Working capital • Credit cards • Leasing • Factoring

• Online Banking

• Mobile Banking

• Utilities Payments

• Tax and Social Security Payments

Loans

W E ARE YOUR BUSINESS PARTNER Corporate products and services portfolio

Deposits Connectivity Collections

Cash Management Electronic Channels International trade

DIGITAL CORPORATE TREASURY

HOST TO HOST

H2H connectivity enables the bank to exchange information in their corporate preferred file formats, network protocols, and security standards.

We integrate your financial system SAP ERP with the bank. Simplify this work with the use of ERP

Connector to increase the efficiency and security of the processes and reduce the implementation time.

Allows sending payments instructions and reporting from treasuries and administrative offices through SWIFT Network

W E ARE YOUR BUSINESS PARTNER

ERP CONNECTOR SWIFT CORPORATE Company BAC ERP Company BAC BAC SWIFT Company TCD

ONLINE BANKING

A CONSOLIDATED REGIONAL PLATFORM

SECURITY

Single user access

Queries, payments and transfers (all countries)

Self-service product management and requests

User and groups administration, joint approval

Approval users and TOKEN 2FA

Business Continuity Management Task Force

FEATURES

GPI, FX, Tax, Customs Payments

Reports:

• Payroll and suppliers

• Historical public services transactions

• Corporate credit cards

• Merchants

AMERITRANSFER

BENEFITS

Regional Treasury tool that allows international fund transfers from your smartphone, tablet or computer within BAC CentralAmerican accounts

Real time fund transfers

Allows for multiple transfers

Joint approval functions

Template creation and storage functionalities

Low cost service

W E ARE YOUR BUSINESS PARTNER

s s ro ou ro

SYSTEM FOR ONLINE BILL PAYMENT

PÁGUELO PAYBAC

Regional Service

Upload and publish invoicesOnline Banking

24/7 collection

Collection call center:

Allows your customers to pay by phone through BAC´s Call Center

Service available in Costa Rica

Publish invoices on a Web page with a personalized look & feel for your clients to register and pay from their bank account at any bank in the country.

24/7 collection

W E ARE YOUR BUSINESS PARTNER

or ro ou ro G ro ou ro

WE THINK OF YOUR EMPLOYEES

SERVICE CHANNELS

DIGITAL SOLUTIONS AND SECURITY

Exclusive Payroll executive

WhatsApp and web chat attention

BENEFITS AND SPECIAL PROGRAMS

EBS- Online friendly banking

Mobile Banking

Código BAC

Secure payment mechanisms

More than 30 different customized services and benefits to employees

W E ARE YOUR BUSINESS PARTNER

PAYROLL PAYMENT BENEFITS FOR EMPLOYEES

393,000

RECEIVE THEIR SALARIES THROUGH BAC

No minimum balance required

No monthly or annual account fee for the employee

Debit card without cost

Debit and credit alerts on account, debit and credit cards Points and Discounts at “ ro o”A

Advertising campaigns according to employees preferences.

Financial Education Program as part of our commitment to social responsibility, we offer personal financial education programs related to saving, budgets, personal finances, among others.

ATM and Rapibac

Up to 3 cash withdrawals per month, from any bank ATM, free of cost

W E ARE YOUR BUSINESS PARTNER

PEOPLE

YOUR LOGO

BENEFITS FOR THE COMPANY

UNIQUE STRATEGY- SINGLE TREASURY

Free-of-charge payroll application

Facilitate and guarantee online payroll application from our Online Banking.

Schedule the date and time of your payroll payments.

Joint approval of payments

Welcome talk on financial education for your employees

The necessary support and training for entering data in the electronic file

W E ARE YOUR BUSINESS PARTNER

FOOTPRINT

ON FREE TRADE ZONES

W E ARE YOUR BUSINESS PARTNER

ro ou ro

MAJOR INDUSTRIAL PARKS, BY

NUMBER OF EMPLOYEES

W E ARE YOUR BUSINESS PARTNER

Employees at the Industrial Park BAC Employees Major Companies at the Park (Share BAC) Zona Franca Coyol 16,000 12,900 Abbott • Arthrocare • Nitinol Devices AFZ (Americas Free Zone) 12,000 6,800 HP • Bosch • Auxis • Bayern Zona Franca del Este 10,000 10,000 Amazon • BAC LATAM Global Park 10,000 5,400 Sykes • Allergan • Smile Direct Club Zona Franca Metropolitana 9,000 7,400 Cargill • Viant • 3M ro ou ro

W E ARE YOUR BUSINESS PARTNER FREE TRADE

CLUSTER IMPACT ON CORE PRODUCTS 16% 20% 10% 36% 21% 2018 2019 2020 2021 2022 Compound Annual Growth Payrolls in thousands of people 46 54 56 74 97 Deposits in millions USD 93 125 193 217 237 Supplier Payments in millions USD 641 764 796 884 1,051 Connectivity in millions USD 17 23 18 32 82 Credit* in millions USD 72 126 137 155 191 Credit agenda concentrated in Free Zone Industrial Parks

ZONE