After a thorough selection process, in compliance with applicable laws and regulation, and as provided for in the Articles of Incorporation, on March 30, 2023, the Board of Directors of Banco Latinoamericano de Comercio Exterior, S.A. (Bladex or the Bank) appointed Ms. Angelica Ruiz Celis as Class E Director to replace Ms. Lorenza Martinez Trigueros, who tendered her resignation on May 30, 2022. Angelica Ruiz Celis' initial term shall expire on the date of the Annual Meeting of Shareholders of the year 2025.