PETROPERÚ reports on audit of 2021 financial statements

The administration of Petróleos del Perú-PETROPERÚ S.A. complies with informing the public opinion and its strategic financial partners, especially both local and foreign banks and risk rating agencies of the following:

Despite its multiple efforts to meet the unusual demands made by one of the partners of the auditing firm Gaveglio, Aparicio y Asociados Sociedad Civil de Responsabilidad Limitada - Price Waterhouse Coopers, the contract for the audit of the 2021 fiscal year with the auditing company designated by the control body of the national public sector, it cannot be signed, since the partner arbitrator has attempted to improperly include certain conditions of obvious political connotation that went beyond the OBJECTIVE OF THE AUDIT AND THE EXAMINATION OF THE BUDGET INFORMATION in the bases published by the controlling body.

We regret the arbitrary decision made by the local representation of the renowned international firm, knowing the importance that the 2021 audit reports have for the company; this in view of the alternatives that the company has been evaluating to go out on the capital markets in mid-2022. We hope that the parent company of the aforementioned firm, the professional association and the national public sector's control body itself take cards in this unusual event.

We call upon the Office of the Comptroller General of the Republic to attend, with the urgency that the case warrants, the request that we are formulating for it to convene, as soon as possible, a new public contest of merits for the designation of the company that will carry out the audit of the 2021 financial statements.

COM-13