El Pacífico Vida Compañía de Seguros y Reaseguros S.A. agreed to acquire El Pacífico Peruano -Suiza Compañía de Seguros y Reaseguros S.A. (BVL:PSUIZAC1) from Credicorp Ltd. (NYSE:BAP) and others on January 26, 2017. As part of the deal, El Pacifico Vida Compañia de Seguros y Reaseguros will assume the equity of El Pacífico Peruano -Suiza Compañía de Seguros y Reaseguros including assets, rights, obligations and other legal relationships deriving from or linked to such assets and liabilities. The deal has been approved by Board of El Pacífico Peruano -Suiza Compañía de Seguros y Reaseguros S.A. As on February 23, 2017, the shareholders of El Pacifico Vida Compañia de Seguros y Reaseguros and El Pacífico Peruano -Suiza Compañía de Seguros y Reaseguros have approved the deal.

The merger will come into effect on the date when the respective public deed of merger is granted, which shall only occur after the Superintendence of Banking, Insurance and AFP issues the corresponding merger authorization.