Intercorp Financial Services Inc. Common Shares

It is now my pleasure to turn the call over to Mr. Ivan Peele from Inspire Group. Sir, you may begin.

Thank you and good morning, everyone. On today's call, Intercorp Financial Services will discuss its second quarter 2026 earnings. We are very pleased to have with us Mr. Luis Felipe Castellanos, Chief Executive Officer, Intercorp Financial Services, Ms. Michela Casassa, Chief Financial Officer, Intercorp Financial Services Mr. Carlos Torre, Chief Executive Officer, Interbank Mr. Gonzalo Basadre, Chief Executive Officer, Interseguro Mr. Bruno Freixo, Chief Executive Officer, Intelligo They will be discussing the results that were distributed by the company yesterday. There is also a webcast video presentation to accompany the discussion during this call. If you didn't receive a copy of the presentation or the earnings report, they are now available on the company's website, ifs.com.pe. Otherwise, if you need any assistance today, please call Inspire Group in New York on 646-940-8843. I would like to remind you that today's call is for investors and analysts only. Therefore, questions from the media will not be taken. Please be advised that forward-looking statements may be made during this conference call. These do not account for future economic circumstances, industry conditions, the company's future performance or financial results. As such, statements made are based on several assumptions and factors that could change. For a complete note on forward-looking statements, please refer to the earnings presentation and report issued yesterday. It is now my pleasure to turn the call over to Mr. Luis Felipe Castellanos, Chief Executive Officer of Intercorp Financial Services for his opening remarks. Mr. Castellanos, please go ahead, sir.

Good morning and thank you all for joining our second quarter 2026 earnings call. First, let me start with the macro and political environment. In the second quarter, economic activity in Peru moderated after the strong momentum seen earlier this year. Even so, the underlying picture remains constructive, supported by resilient domestic demand. Private investment is expected to roll 17.5% in the quarter, its strongest pace since 2012, excluding the post-pandemic rebound. At the same time, employment indicators continue to improve, supporting consumption. On the political front, as you are all aware, Peru now has a new administration in place. The new government has set out a clear agenda for the coming months, focused on reinforcing the preparedness for El Niño phenomenon, strengthening security, reactivating economic growth through private investment, modernizing the public sector, and improving healthcare and social programs. These measures are consistent with the expectations for stronger private investment and consumption and support our view of GDP growth of above 3.4% in 2026. While the international backdrop remains volatile, we are especially focused on El Niño-related risks in the country. We see it as a relevant risk for Peru, with potential effects on primary sectors, infrastructure, supply chains, and certain customer segments. At IFS, we are monitoring this closely and maintaining a prudent approach to risk management. Based on our analysis, we expect any potential impact on our results to materialize starting in the second half of the year. In this context, IFS delivered another solid quarter. Net income remained strong at 585 million soles and ROE reached 18.5% above our mid-term target. While earnings were lower than in the previous quarter, this mainly reflects a normalization of certain investment results and a gradual normalization in cost of risk as expected following an exceptionally strong first quarter. At Interbank, quarterly net income remained strong, and the underlying business continued to show positive trends. Loan growth was positive across segments, with particularly strong momentum in consumer loans, where the pace of growth accelerated, and in small business, where we continue to grow above the market. Overall, these higher yielding segments are now expanding at a double-digit rate. We continue to strengthen our payments ecosystem through EasyPay and Plin. These platforms are important levers to deepen relationships, increase engagement, and support the growth of low-cost funding. Interseguro maintains strong momentum in long-term insurance, supported by annuities and life, while preserving its leadership in annuities. The business continues to leverage synergies with Intelligo and Interbank to advance more integrated solutions to our clients. Intelligo continues to grow at a double-digit rate, reaching a new record in assets under management, supported by healthy client engagement and a strong advisory model. Overall, This quarter confirms that we remain on track in terms of results and profitability, supported by a diversified platform, clear growth opportunities across businesses, and disciplined execution of our model. Our strategy remains focused on profitable growth with the customer at the center of our decisions and continued investments in the capabilities that support long-term value creation, including investments in digital channels, data analytics, data products, cybersecurity, and Gen AI. Looking ahead, we believe IFS is well positioned to continue growing with discipline while sustaining profitability and strengthening our leadership in Peru over the long term. Now, let me pass on to Michela, who will walk you through this quarter's results in more detail. Thank you.