PwC and PETROPERÚ sign a contract to audit the 2021 Financial Statements

On May 3, 2022, the contract was signed with the Price Waterhouse Coopers (PWC) Audit Company to carry out the external audit of the Financial Statements corresponding to the 2021 financial year of PETROPERÚ S.A., after having been appointed by the Comptroller General of the Republic.

The execution of the audit contributes to the recovery of the confidence of the stakeholders (creditors, bondholders, clients, banks, risk rating agencies, among others), which will allow PETROPERÚ's liquidity to continue to be effectively stabilized.

Additionally, this important milestone will make it possible to manage the consent request (Consent Solicitation Process) before the bondholders and the waiver before CESCE to reschedule the presentation of the 2021 Audited Financial Statements. The implementation of this process is key to contractually guarantee financial sustainability of PETROPERU.

In the same way, ensuring the performance of the external audit of the 2021 Financial Statements will make it possible to fulfill the commitment assumed before the Credit Risk rating agencies, which were waiting for its materialization; in addition to other actions that the company has been carrying out to optimize its economic, financial and operational situation, as well as its Corporate Governance.

In this sense, the signing of this contract reflects the effort of the current administration of PETROPERÚ to promote its strengthening, in order to ensure its sustainability, which was severely affected by the decisions made in the previous administration.