TIPS Pesos N-17

The Technical Committee of BRC Ratings S&P Global S.A. Sociedad Calificadora de Valores has affirmed the AAA rating for the Tips Pesos A N-17. Additionally, it upgraded the rating of series B to AA from BBB+, and the ratings of series MZ and C to A and BBB from BB+ and BB-, respectively. The positive outlook for these three series was withdrawn.

TIV V-9

The Technical Committee of BRC Ratings - S&P Global S.A. SCV confirmed in an Extraordinary Review the long-term debt rating of AAA for TIV A V-9, AA for TIV B-1 V-9, and BBB- for TIV B-2 V-9.

TIPS Pesos N-24

The Technical Committee of BRC Ratings - S&P Global S.A. SCV, in an extraordinary review, confirmed the rating of the Tips Pesos A-1 N-24 as AAA, Tips Pesos A-2 N-24 as AAA, Tips Pesos B-1 N-24 as AA, and Tips Pesos B-2 N-24 as BBB.

TIPS UVR U-6

BRC Ratings - S&P Global S.A. SCV, in its periodic review, confirmed the long-term debt ratings of AAA for the TIPS Sociales UVR A U-6, BBB+ for the B-1 U-6 and BB+ for the B-2 U-6. In addition, it assigned a Negative Outlook to the B-1 and B-2 series.

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