COMMITTEES TECHNICIANS

Audit Committee

The Audit Committee is a collegiate body made up of members of the Group's Board of Directors, which has the purpose of guaranteeing the exercise of an independent judgment for Grupo Financiero CAFSA. It will be approved by the Board of Directors, and will act as a support body for the supervision of the Risk Management System, Internal Control System, and the Group's Corporate Governance, in observance of its compliance, its alignment with national laws and regulations. , as well as in accordance with the best practices adopted for financial entities.

It functions as a direct communication channel between the Board of Directors, the Administration, the Internal Control Office and the External Auditors. These Internal Regulations of the Audit Committee must be reviewed and approved annually by the Board of Directors.

Risk Committee

The main objective of the Risk Committee is to observe the correct Comprehensive Management of the Risks to which the CAFSA Financial Group is exposed, in accordance with its capacity and risk appetite; as well as ensuring that the business operations have the necessary and appropriate risk policies and procedures in order to achieve the strategic objectives. His appointment will be approved by the Board of Directors, and he will act as a support body for the control and Comprehensive Management of the Financial Group's Risks.

Compliance Committee

Corporación CAFSA SA recognizes as one of the risks of the country's financial activity, the issue of Money Laundering and Terrorism Financing. Therefore, it undertakes to collaborate in the prevention and control of illegal activities related to this matter so that its subsidiaries comply with all the mandates that the Costa Rican regulations establish on the matter. For this purpose, a Compliance Committee has been formed, which will be governed by existing legal and regulatory standards and by the provisions contained in these regulations.

This section establishes the appointment of the Compliance Committee as the control, support and monitoring body for the Compliance Officer in the prevention and institutional detection of possible illicit activities related to “Money Laundering and Terrorism Financing”.

Credit committee

The main objective of the Risk Committee is to observe the correct Comprehensive Management of the Risks to which the CAFSA Financial Group is exposed, in accordance with its capacity and risk appetite; as well as ensuring that the business operations have the necessary and appropriate risk policies and procedures in order to achieve the strategic objectives. His appointment will be approved by the Board of Directors, and he will act as a support body for the control and Comprehensive Management of the Financial Group's Risks.

Technology Committee

The purpose of these regulations is to establish and regulate the operation of the Information Technology Committee in CAFSA. The entity will have an Information Technology Committee which will be in charge of advising Senior Management on issues related to Information Technology and Communications, in observance of the Entity's Strategy, Comprehensive Risk Management, as well as the laws , applicable regulations and standards.

Assets and Liabilities Committee

Grupo Financiero CAFSA will have an Assets and Liabilities Committee which will be assigned to design action plans, as well as make the decisions that are considered pertinent on the improvement and control of the movements of assets, liabilities and contingents of the entity within a controlled risk environment, and in response to prevailing market conditions, SUGEF regulations, and internal regulations. Likewise, it will be responsible for suggesting to the Board of Directors policies and procedures under which exchange risk, liquidity risk, interest rate risk and market risk are managed. And it will observe its compliance in all its extremes in conjunction with the Risk Office.

Executive committee

The purpose of the Executive Committee is the definition, monitoring and solution of the relevant and strategic administrative issues that are not addressed in other Committees. It has the task of resolving internal conflicts, making agreements on administrative and strategic issues of transcendental importance for the administration in order to give them immediate course or raise them to other Committees or Board of Directors for approval.

Recovery Committee

The Recovery Committee is a collegiate body made up of management members of Grupo Financiero CAFSA, whose objectives are to monitor the recovery management of credit, leasing and credit card portfolios, as well as the disposition of related assets. with the recovery management process; in alignment with the Group's objectives.