6-K - BCH - Equibles

FORM 6-KSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of July, 2024

Commission File Number 001-15266

BANK OF CHILE

(Translation of registrant’s name into English)

Ahumada 251 Santiago, Chile

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F þ Form 40-F ☐

Indicate by check mark whether by furnishing the information contained in this Form, the

registrant is also thereby furnishing the information to the Commission pursuant to Rule

12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in

connection with Rule 12g3-2(b): 82- ________

BANCO DE CHILE

REPORT ON FORM 6-K

Attached Banco de Chile’s Consolidated Financial Statements with notes as of June 30, 2024.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 30, 2024

Banco de Chile
By:	/S/ Eduardo Ebensperger O.
	Eduardo Ebensperger O. CEO

Exhibit 99.1

****

BANCO DE CHILE AND SUBSIDIARIES

(Free translation of Consolidated Financial Statements originally issued in Spanish)

INDEX

I.	Interim Consolidated Statements of Financial Position
II.	Interim Consolidated Statements of Income
III.	Interim Consolidated Statements of Other Comprehensive Income
IV.	Interim Consolidated Statements of Cash Flows
V.	Interim Consolidated Statements of Changes in Equity
VI.	Notes to the Interim Consolidated Financial Statements

MCh$	=	Millions of Chilean pesos
BCh$	=	Billions of Chilean pesos
MUS$	=	Millions of U.S. dollars
ThUS$	=	Thousands of U.S. dollars
UF or<br>CLF	=	Unidad de Fomento
		(The UF is an inflation-indexed, Chilean peso denominated monetary unit set daily in advance on the basis of the previous month’s<br>inflation rate).
Ch$<br>or CLP	=	Chilean pesos
US$<br>or USD	=	U.S. dollar
JPY	=	Japanese yen
EUR	=	Euro
HKD	=	Hong Kong dollar
CHF	=	Swiss Franc
PEN	=	Peruvian sol
AUD	=	Australian dollar
NOK	=	Norwegian krone
MXN	=	Mexican peso
IFRS	=	International Financial Reporting Standards
IAS	=	International Accounting Standards
RAN	=	Actualized Standards Compilation issued by the Chilean Commission for the Financial Market (“CMF”)
IFRIC	=	International Financial Reporting Interpretations Committee
SIC	=	Standards Interpretation Committee

BANCO DE CHILE AND SUBSIDIARIES

INDEX

		Page
Interim Consolidated Statements of Financial Position		3
Interim Consolidated Statements of Income		5
Interim Consolidated Statements of Other Comprehensive Income		7
Interim Consolidated Statements of Cash Flows		8
Interim Consolidated Statements of Change Equity		10
1.	Company information:	11
2.	Main Accounting Criteria Used:	12
3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted:	48
4.	Accounting Changes:	52
5.	Relevant Events:	53
6.	Business Segments:	54
7.	Cash and Cash Equivalents:	57
8.	Financial Assets Held for Trading at Fair Value through Profit or Loss:	58
9.	Non-trading Financial Assets mandatorily measured at Fair Value through Profit or Loss:	60
10.	Financial Assets and Liabilities designated as at Fair Value through Profit or Loss:	60
11.	Financial Assets at Fair Value through Other Comprehensive Income:	61
12.	Derivative Financial Instruments for hedging purposes:	63
13.	Financial assets at amortized cost:	66
14.	Investments in other companies:	87
15.	Intangible Assets:	89
16.	Property and equipment:	90
17.	Right-of-use assets and Lease liabilities:	91
18.	Taxes:	94
19.	Other Assets:	99
20.	Non-current assets and disposal groups held for sale and Liabilities included in disposal groups for sale:	100
21.	Financial liabilities held for trading at fair value through profit or loss:	101
22.	Financial liabilities at amortized cost:	102
23.	Financial instruments of regulatory capital issued:	107
24.	Provisions for contingencies:	111
25.	Provision for dividends, interests and reappraisal of financial instruments of regulatory capital issued:	116
26.	Special provisions for credit risk:	117
27.	Other Liabilities:	118
28.	Equity:	119
29.	Contingencies and Commitments:	124
30.	Interest Revenue and Expenses:	129
31.	UF indexation revenue and expenses:	132
32.	Income and Expeses from commissions:	135
33.	Net Financial income (expense):	136
34.	Income attributable to investments in other companies:	137
35.	Result from non-current assets and disposal groups held for sale not admissible as discontinued operations:	138
36.	Other operating Income and Expenses:	139
37.	Expenses from salaries and employee benefits:	140
38.	Administrative expenses:	141
39.	Depreciation and Amortization:	142
40.	Impairment of non-financial assets:	142
41.	Credit loss expense:	142
42.	Income from discontinued operations:	145
43.	Related Party Disclosures:	145
44.	Fair Value of Financial Assets and Liabilities:	152
45.	Maturity according to their remaining Terms of Financial Assets and Liabilities:	164
46.	Financial and Non-Financial Assets and Liabilities by Currency:	166
47.	Risk Management and Report:	167
48.	Information on Regulatory Capital and Capital Adequacy Ratios:	208
49.	Subsequent Events:	212

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF FINANCIALPOSITION

For the periods ended June 30, 2024 and December31, 2023

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		June	December
	Notes	2024	2023
		MCh	MCh
ASSETS
Cash and due from banks	7
Transactions in the course of collection	7
Financial assets held for trading at fair value through profit or loss:
Derivative financial instruments	8
Debt financial instruments	8
Others	8
Non-trading financial assets mandatorily measured at fair value through profit or loss	9
Financial assets at fair value through profit or loss	10
Financial assets at fair value through other comprehensive income:
Debt financial instruments	11
Others	11
Derivative financial instruments for hedging purposes	12
Financial assets at amortized cost:
Rights from resale agreements and securities lending	13
Debt financial instruments	13
Loans and advances to Banks	13
Loans to customers - Commercial loans	13
Loans to customers - Residential mortgage loans	13
Loans to customers - Consumer loans	13
Investments in other companies	14
Intangible assets	15
Property and equipment	16
Right-of-use assets	17
Current tax assets	18
Deferred tax assets	18
Other assets	19
Non-current assets and disposal groups held for sale	20
TOTAL ASSETS

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF FINANCIALPOSITION

For the periods ended June 30, 2024 and December31, 2023

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		June		December
	Notes	2024		2023
			MCh		MCh
LIABILITIES
Transactions in the course of payment	7		293,860		356,871
Financial liabilities held for trading at fair value through profit or loss:
Derivative financial instruments	21		2,333,555		2,196,921
Others	21		32,386		2,305
Financial liabilities designated as at fair value through profit or loss	10		—		—
Derivative Financial Instruments for hedging purposes	12		134,900		160,602
Financial liabilities at amortized cost:
Current accounts and other demand deposits	22		13,561,749		13,321,660
Saving accounts and time deposits	22		15,379,392		15,365,562
Obligations by repurchase agreements and securities lending	22		214,417		157,173
Borrowings from financial institutions	22		2,522,662		5,360,715
Debt financial instruments issued	22		9,690,493		9,360,065
Other financial obligations	22		295,530		339,305
Lease liabilities	17		92,649		101,480
Financial instruments of regulatory capital issued	23		1,053,635		1,039,814
Provisions for contingencies	24		158,505		192,152
Provision for dividends, interests and reappraisal of financial instruments of regulatory capital issued	25		314,793		611,949
Special provisions for credit risk	26		777,525		769,147
Currents tax liabilities	18		—		808
Deferred tax liabilities	18		106		—
Other liabilities	27		1,371,367		1,218,738
Liabilities included in disposal groups held for sale	20		—		—
TOTAL LIABILITIES			48,227,524		50,555,267
EQUITY
Capital	28		2,420,538		2,420,538
Reserves	28		709,742		709,742
Accumulated other comprehensive income
Elements that are not reclassified in profit and loss	28		7,110		6,756
Elements that can be reclassified in profit and loss	28		16,183		17,486
Retained earnings from previous period	28		1,878,778		1,451,076
Income for the period	28		621,255		1,243,634
Less: Provision for dividends, interests and reappraisal of financial instruments of regulatory capital issued	28		(314,793		(611,949
Shareholders of the Bank	28		5,338,813		5,237,283
Non-controlling interests	28		—		2
TOTAL EQUITY			5,338,813		5,237,285
TOTAL LIABILITIES AND EQUITY			53,566,337		55,792,552

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF INCOME

for the period between January 1, and June 30,

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
	Notes	2024		2023		06.30.2024		06.30.2023
		MCh		MCh		MCh		MCh
Interest revenue	30
Interest expense	30		)		)		)		)
Net interest income
UF indexation revenue	31
UF indexation expenses	31		)		)		)		)
Net income from UF indexation
Income from commissions	32
Expenses from commissions	32		)		)		)		)
Net income from commissions
Financial income (expense) for:
Financial assets and liabilities held for trading	33
Non-trading financial assets mandatorily measured at fair value through profit or loss	33
Financial assets and liabilities designated as at fair value through profit or loss	33
Result from derecognition of financial assets and liabilities at amortized cost and financial assets at fair value through other comprehensive income	33				)
Exchange, indexation and accounting hedging of foreign currency	33				)		)
Reclassification of financial assets for changes in the business model	33
Other financial result	33
Net Financial income (expense)	33
Income attributable to investments in other companies	34
Result from non-current assets and disposal groups held for sale not admissible as discontinued operations	35		)				)
Other operating income	36
TOTAL OPERATING INCOME
Expenses from salaries and employee benefits	37		)		)		)		)
Administrative expenses	38		)		)		)		)
Depreciation and amortization	39		)		)		)		)
Impairment of non-financial assets	40		)				)		)
Other operating expenses	36		)		)		)		)
TOTAL OPERATING EXPENSES			)		)		)		)
OPERATING RESULT BEFORE CREDIT LOSSES

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF INCOME

for the period between January 1, and June 30,

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		For the six-months period ended June 30,		04.01.2024 to	04.01.2023 to
	Notes	2024	2023	06.30.2024	06.30.2023
		MCh	MCh	MCh	MCh
Credit loss expense for:
Provisions for credit risk of loans and advances to banks and loans to customers	41
Special provisions for credit risk	41
Recovery of written-off credits	41
Impairments for credit risk from other financial assets at amortized cost and financial assets at fair value through other comprehensive income	41
Credit loss expense	41
NET OPERATING INCOME
Income from continuing operations before tax
Income tax	18
Income from continuing operations after tax
Income from discontinued operations before tax
Income tax from discontinued operations	18
Income from discontinued operations after tax	42
NET INCOME FOR THE PERIOD	28
Attributable to:
Shareholders of the Bank	28
Non-controlling interests
Earnings per share:
Basic earnings	28
Diluted earnings	28

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCODE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF

OTHER COMPREHENSIVE INCOME

for the period between January 1, and June 30,

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
	Notes	2024		2023		06.30.2024		06.30.2023
		MCh		MCh		MCh		MCh
NET INCOME FOR THE PERIOD	28
ITEMS NOT TO BE RECLASSIFIED TO PROFIT OR LOSS
Re-measurement of the liability (asset) for net defined benefits and actuarial results for other employee benefit plans	28				)
Fair value changes of equity instruments designated as at fair value through other comprehensive income	28		)				)
Fair value changes of financial liabilities designated as at fair value through profit or loss attributable to changes in the credit risk of the financial liability	28
Others	28
OTHER COMPREHENSIVE INCOME THAT WILL NOT BE RECLASSIFIED TO PROFIT OR LOSS BEFORE TAX			)				)
Income tax on other comprehensive income that will not be reclassified to profit or loss	18				)				)
TOTAL OTHER COMPREHENSIVE INCOME THAT WILL NOT BE RECLASSIFIED TO INCOME AFTER TAXES	28						)
ELEMENTS THAT CAN BE RECLASSIFIED TO PROFIT OR LOSS
Fair value changes of financial assets at fair value through other comprehensive income	28		)				)		)
Cash flow hedges	28
Participation in other comprehensive income of entities registered under the equity method	28				)		)		)
OTHER COMPREHENSIVE INCOME THAT WILL BE RECLASSIFIED TO INCOME BEFORE TAXES									)
Income tax on other comprehensive income that can be reclassified to profit or loss	28		)		)		)		)
TOTAL OTHER COMPREHENSIVE INCOME THAT WILL BE RECLASSIFIED TO PROFIT OR LOSS AFTER TAX	28		)				)		)
TOTAL OTHER COMPREHENSIVE INCOME FOR THE PERIOD	28		)				)		)
CONSOLIDATED COMPREHENSIVE INCOME FOR THE PERIOD
Attributable to:
Shareholders of the Bank
Non-controlling interests

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS

for the period between January 1, and June 30,

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		June		June
	Notes	2024		2023
		MCh		MCh
CASH FLOWS FROM OPERATING ACTIVITIES:
Profit for the year before taxes
Income tax	18		)		)
Profit for the period after taxes
Charges (credits) to income (loss) that do not represent cash flows:
Depreciation and amortization	39
Impairment of non-financial assets	40				)
Provisions for credit losses
Provisions for contingencies	26				)
Additional provisions	41
Fair value of debt financial instruments held for trading at fair value through in profit or loss
Change in deferred tax assets and liabilities	18
Net (income) loss from investments in companies with significant influence	34		)		)
Net (income) loss on sale of assets received in payments			)		)
Net (income) loss on sale of sale of fixed assets	35		)		)
Write-offs of assets received in payment	35
Other charges (credits) that do not represent cash flows
Net change in exchange rates, interest, readjustments and commissions accrued on assets and liabilities					)
Changes due to (increase) decrease in assets and liabilities affecting the operating flow:
Net ( increase ) decrease in accounts receivable from banks					)
Net ( increase ) decrease in loans and accounts receivables from customers			)
Net ( increase ) decrease of debt financial instruments held for trading at fair value through profit or loss					)
Net ( increase ) decrease in other assets and liabilities			)
Increase ( decrease ) in deposits and other demand obligations					)
Increase ( decrease ) in repurchase agreements and securities loans					)
Increase ( decrease ) in deposits and other time deposits
Sale of assets received in lieu of payment
Increase ( decrease ) in obligations with foreign banks					)
Increase ( decrease ) in other financial obligations			)		)
Increase ( decrease ) in obligations with the Central Bank of Chile			)
Net increase ( decrease ) of debt financial instruments at fair value through other comprehensive income					)
Net (increase) decrease of financial instruments at amortized cost			)
Total net cash flows provided by (used in) operating activities			)		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Leasedhold improvements	17		)		)
Fixed assets purchase	16		)		)
Fixed assets sale
Disposal of investments in companies	14
Acquisition of intangibles	15		)		)
Acquisition of investments in companies	14
Dividend received of investments in companies
Total net cash flows from (used in) investing activities			)		)
CASH FLOW FROM FINANCING ACTIVITIES:
Attributable to the interest of the owners:
Redemption and payment of interest of letters of credit			)		)
Redemption and payment of interest on current bonds			)		)
Redemption and payment of interest on subordinated bonds			)		)
Current bonds issuance	22
Subordinated bonds issuance
Payment of common stock dividends	28		)		)
Principal and interest payments for obligations under lease contracts	17		)		)
Attributable to non-controlling interest:
Dividend payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest					)
Total net cash flows from (used in) financing activities			)		)
VARIATION IN CASH AND CASH EQUIVALENTS DURING THE PERIOD			)		)
Exchange variations effect					)
Opening balance of cash and cash equivalent	7
Final balance of cash and cash equivalent	7

All values are in US Dollars.

	June		June
	2024		2023
	MCh		MCh
Interest operating cash flow:
Interest and readjustments received
Interest and readjustments paid		)		)

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS

for the period between January 1, and June 30,

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

Reconciliation of liabilities arising from financing activities:

				Changes other than Cash
	12.31.2023	Net Cash Flow		Acquisition / (Disposals)	Foreign<br> currency	UF<br> Movement	06.30.2024
	MCh	MCh		MCh	MCh	MCh	MCh
Letters of credit			)
Bonds			)
Dividends paid			)					)
Obligations for lease contracts			)
Dividend payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest
Total liabilities from financing<br> activities			)

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF CHANGES INEQUITY

for the period between January 1, and June 30,2024 and 2023

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

		Attributable to shareholders of the Bank
	Note	Capital	Reserves	Accumulated<br> other<br> comprehensive<br> income		Retained earnings from<br> previous years and income (loss) for<br> the period		Total		Non-<br>controlling interests		Total Equity
		MCh	MCh	MCh		MCh		MCh		MCh		MCh
Opening balances as of January 1, 2023					)
Dividends distributed and paid	28						)		)		)		)
Application of provision for payment of common stock dividends
Provision for payment of common stock dividends	28						)		)				)
Subtotal: transactions with owners during the period							)		)		)		)
Income for the period 2023	28
Other comprehensive income for the period	28
Subtotal: Comprehensive income for the period
Balances as of June 30, 2023					)
Provision for payment of common stock dividends	28						)		)				)
Subtotal: transactions with owners during the period							)		)				)
Income for the period 2023	28
Other comprehensive income for the period
Subtotal: Comprehensive income for the period
Balances as of December 30, 2023
Dividends distributed and paid	28						)		)		)		)
Application of provision for payment of common stock dividends	28
Provision for payment of common stock dividends	28						)		)				)
Subtotal: transactions with owners during the period							)		)		)		)
Income for the period 2024	28
Other comprehensive income for the period	28				)				)				)
Subtotal: Comprehensive income for the period					)
Balances as of June 30, 2024

All values are in US Dollars.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS

(Free translation of Interim Consolidated Financial Statements originally issued in Spanish)

1.	Company information:

Banco de Chile is authorized to operate as a commercial bank since September 17, 1996, being, in conformity with the stipulations of article 25 of Law No. 19,396, the legal continuation of Banco de Chile resulting from the merger of the Banco Nacional de Chile, Banco Agrícola and Banco de Valparaiso, which was constituted by public deed dated October 28, 1893, granted before the Notary Public of Santiago, Mr. Eduardo Reyes Lavalle, authorized by Supreme Decree of November 28, 1893.

The Bank is a Corporation organized under the laws of the Republic of Chile, regulated by the Chilean Commission for the Financial Market (“CMF”). Since 2001, it is subject to the supervision of the Securities and Exchange Commission of the United States of America (“SEC”), in consideration of the fact that the Bank is registered on the New York Stock Exchange (“NYSE”), through a program of American Depositary Receipt (“ADR”).

Banco de Chile offers a broad range of banking services to its customers, ranging from individuals to large corporations. Additionally, the Bank offers international as well as treasury banking services, in addition to those offered by subsidiaries that include securities brokerage, mutual fund and investment management, insurance brokerage and financial advisory services.

Banco de Chile’s legal address is Ahumada 251, Santiago, Chile and its website is www.bancochile.cl.

The accompanying notes 1 to 49 are an integral part of these interim consolidated financial statements

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used:
(a)	Legal Dispositions:
---	---

Decree Law No. 3,538 of 1980, according to the text replaced by the first article of Law No. 21,000 that “Creates the Commission for the Financial Market”, provides in numeral 6 of its article 5 that the Commission for the Market Financial (“CMF”) may “set the standards for the preparation and presentation of reports, balance sheets, statements of situation and other financial statements of the audited entities and determine the principles under which they must keep their accounting”.

According to the current legal framework, banks must use the accounting principles provided by the CMF and in everything that is not dealt with by it or in contravention of its instructions, they must adhere to the generally accepted accounting principles, which correspond to the technical standards issued by the College of Accountants of Chile AG, coinciding with the International Financial Reporting Standards (“IFRS”) agreed by the International Accounting Standards Board (“IASB”). If there are discrepancies between these accounting principles of general acceptance and the accounting criteria issued by the CMF, the latter shall prevail.

The notes to the Interim Consolidated Financial Statements contain additional information to that presented in the Interim Consolidated Statement of Financial Position, Interim Consolidated Statement of Income, Interim Consolidated Statement of Other Comprehensive Income, Interim Consolidated Statement of Changes in Equity and Consolidated Statement of Cash Flows. They provide narrative descriptions or disaggregation of such statements in a clear, relevant, reliable and comparable way.

(b)	Basis of Consolidation:

The Interim Consolidated Financial Statements of Banco de Chile as of June 30, 2024 and 2023 and December 31, 2023, have been consolidated with its Chilean subsidiaries and foreign subsidiary, using the global integration method (line-by-line). They include preparation of individual Financial Statements of the Bank and companies that participate in the consolidation and it include adjustments and reclassifications necessary to homologue accounting policies and valuation criteria applied by the Bank. The Interim Consolidated Financial Statements have been prepared using the same accounting policies for similar transactions and other events, in equivalent circumstances.

Significant intercompany transactions and balances (assets and liabilities, equity, income, expenses and cash flows) originated in operations performed between the Bank and its subsidiaries and between subsidiaries have been eliminated in the consolidation process. The non-controlling interest corresponding to the participation percentage of third parties in subsidiaries, which the Bank does not own directly or indirectly, has been recognized and is shown separately in the consolidated shareholders’ equity of Banco de Chile.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(b)	Basisof Consolidation: (continued)

−	Controlled companies (Subsidiaries):

Interim Consolidated Financial Statements as of June 30, 2024 and 2023 and December 31, 2023 incorporate Financial Statements of the Bank and the controlled companies (subsidiaries) in accordance with IFRS 10 “Consolidated Financial Statements”.

The entities controlled by the Bank and which form parts of the consolidation are detailed as follows:


							Indirect				Total
			Functional		December		June		December		June		December
Rut	Entity	Country	Currency		2023		2024		2023		2024		2023
					%		%		%		%		%
96,767,630-6	Banchile Administradora General de Fondos S.A.	Chile	Ch	99.98		99.98		0.02		0.02		100.00		100.00
96,543,250-7	Banchile Asesoría Financiera S.A.	Chile	Ch	99.96		99.96		—		—		99.96		99.96
77,191,070-K	Banchile Corredores de Seguros Ltda.	Chile	Ch	99.83		99.83		0.17		0.17		100.00		100.00
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	Ch	99.70		99.70		0.30		0.30		100.00		100.00
96,645,790-2	Socofin S.A.	Chile	Ch	99.00		99.00		1.00		1.00		100.00		100.00

All values are in US Dollars.

−	Investments in associates and joint venture:

Associated entities are those over which the Bank has the capacity to exercise significant influence, without having control over the associate.

Investments in associates where exists significant influence, are accounted for using the equity method (Note No. 14).

Joint Ventures are joint arrangements whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. Joint control exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.

Investments defined as a “Joint Venture” will be registered according to the equity method.

Investments in other companies that, for their characteristics, are defined as “Joint Ventures” are Artikos Chile S.A. and Servipag Ltda.

−	Minority investments in other companies:

On initial recognition, the Bank and subsidiaries may make an irrevocable election to present in other comprehensive income subsequent changes in the fair value of an investment in an equity instrument that is not held for trading and is not contingent consideration recognized by an acquirer in a business combination to which IFRS 3 applies.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(b)	Basisof Consolidation: (continued)
---	---
−	Fund administration:
---	---

The Bank and its subsidiaries manage and administer assets held in mutual funds and other investment products on behalf of investors, perceiving a paid according to the service provided and according to market conditions. Managed resources are owned by third parties and, therefore, not included in the Consolidated Statements of Financial Position.

According to established in IFRS 10, for consolidation purposes is necessary to assess the role of the Bank and its subsidiaries with respect to the funds they manage, must determine whether that role is Agent or Principal.

The Bank and its subsidiaries manage on behalf and for the benefit of investors, acting in that relationship only as Agent. Under this category, and as provided in the aforementioned regulation, it does not control such funds when exercise its authority to make decisions. Therefore, as of June 30, 2024 and 2023 and December 31, 2023 act as agent, and therefore do not consolidate any fund, no funds are part of the consolidation.

(c)	Non-controlling interest:

Non-controlling interest represents the share of losses, income and net assets of which, directly or indirectly, the Bank does not own. It is presented separately from the equity of the owners of the Bank in the Interim Consolidated Statements of Income and the Interim Consolidated Statements of Financial Position.

(d)	Use of Estimates and Judgment:

Preparing Interim Consolidated Financial Statements requires Management to make judgments, estimations and assumptions that affect the application of accounting policies and the valuation of assets, liabilities, income and expenses presented. Real results could differ from these estimated amounts. The estimates made refer to:

-	Losses due to impairment of assets and liabilities (Notes No. 11, 13, 15, 16, 17 and No. 40);
-	Provision for credit risk (Notes No. 13, 26 and 41);
---	---
-	Expenses for amortization of intangible assets and depreciation of property and equipment and leased assets<br>and lease liabilities (Notes No. 15, 16 and 17);
---	---
-	Income taxes and deferred taxes (Note No. 18);
---	---
-	Provisions (Note No. 24);
---	---
-	Contingencies and Commitments (Note No. 29);
---	---
-	Fair value of financial assets and liabilities (Notes No. 8, 11, 12, 21 and 44).
---	---

Estimates and relevant assumptions are regularly reviewed by the management according to quantify certain assets, liabilities, gains, loss and commitments.

During the period ended June 30, 2024 there have been no significant changes in the estimates made.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(e)	Financial Assets:

The classification, measurement and presentation of financial assets has been carried out based on the standards issued by the CMF in the Compendium of Accounting Standards for Banks (CASB), considering the criteria described below:

Classification of financial assets:

On initial recognition, a financial asset is classified within the following categories: Financial assets held for trading at fair value through profit or loss; Financial assets not held for trading mandatorily valued at fair value through profit or loss; Financial assets designated as at fair value through profit or loss; Financial assets at fair value through other comprehensive income and Financial assets at amortized cost.

The criteria for classifying financial assets, which incorporates the standards defined in IFRS 9, depends on the business model with which the entity manages the assets and the contractual characteristics of the cash flows, commonly known as “Solely Payments of Principal and Interest” (SPPI) criterion.

The valuation of these assets should reflect how the Bank manages groups of financial assets and does not depend on the intent for an individual instrument.

A financial asset should be valued at amortized cost if both of the following conditions are met:

-	It is held within a business model whose objective is to hold financial assets in order to collect contractual<br>cash flows and
-	The contractual terms of the financial asset give rise to cash flows that are solely payments of principal<br>and interest.

A debt financial instrument must be valued at fair value with changes in “Other comprehensive income” if the following two conditions are met:

-	It is held within a business model whose objective is achieved by both collecting contractual cash flows<br>and selling financial assets and
-	The contractual terms of the financial asset give rise to cash flows that are solely payments of principal<br>and interest on the principal amount outstanding.
---	---

A debt financial instrument will be classified at fair value through profit or loss whenever, due to the business model or the characteristics of its contractual cash flows, it is not appropriate to classify it in any of the other categories described.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(e)	Financial Assets: (continued)
---	---

Valuation of financial assets:

Initial recognition:

Financial assets are initially recognized at fair value plus, in the case of a financial asset that is not carried at fair value through profit or loss, the transaction costs that are directly attributable to its purchase or issuance, using the Effective Interest Rate method (EIT). The calculation of the EIT includes all fees and other items paid or received that are part of the EIT. Transaction costs include incremental costs that are directly attributable to the acquisition or issuance of a financial asset.

Post measurement:

All variations in the value of financial assets due to the accrual of interest and items assimilated to interest are recorded in “Interest income” or “Interest expense” of the Consolidated Income Statement for the year in which the accrual occurred, except for trading derivatives that are not part of accounting hedges.

The changes in the valuations that occur after the initial registration for reasons other than those mentioned in the previous paragraph, are treated as described below, based on the categories in which the financial assets are classified.

Financial assets held for tradingat fair value through profit or loss, Financial assets not held for trading mandatorily valued at fair value through profit or loss andFinancial assets designated as at fair value through profit or loss:

In “Financial assets held for trading at fair value through profit or loss” will record financial assets whose business model aims to generate profits through purchases and sales or to generate results in the short term.

The financial assets recorded under “Financial assets not held for trading mandatorily valued at fair value through profit or loss” are assigned to a business model whose objective is achieved by obtaining contractual cash flows and/or selling financial assets but where the cash flows contracts have not met the conditions of the SPPI test.

In “Financial assets designated as at fair value through profit or loss” financial assets will be classified only when such designation eliminates or significantly reduces the inconsistency in the valuation or in the recognition that would arise from valuing or recognizing the assets on a different basis.

The assets recorded in these items are valued after their acquisition at their fair value and changes in their value are recorded, at their net amount, under “Financial assets and liabilities held for trading”, “Financial assets and liabilities financial assets not held for trading mandatorily valued at fair value through profit or loss” and “Financial assets and liabilities designated as at fair value through profit or loss” of the Consolidated Income Statement. Variations originated from exchange differences are recorded under “Foreign currency changes, UF indexation and accounting hedge” in the Consolidated Income Statement.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(e)	Financial Assets: (continued)
---	---

Financial assets at fair value throughother comprehensive income:

−	Debt financial instruments:

The assets recorded in this item are valued at their fair value, interest income and UF indexation of these instruments, as well as exchange differences and impairment arising, are recorded in the Consolidated Statement of Income, while subsequent variations in their valuation are temporarily recorded (for its amount net of taxes) in “Changes in the fair value of financial assets at fair value through other comprehensive income” of the Consolidated Statements of Other Comprehensive Income.

The amounts recorded in “Changes in the fair value of financial assets at fair value through other comprehensive income” continue to form part of the Bank's consolidated equity until the asset is derecognized in the consolidated balance. In the case of selling these assets, the result is recognized in “Financial result for derecognizing financial assets and liabilities at amortized cost and financial assets at fair value with changes in others comprehensive income” of the Consolidated Income Statement.

Net losses due to impairment of financial assets at fair value through other comprehensive income produced in the year are recorded in “Impairment due to credit risk of other financial assets at amortized cost and financial assets at fair value through other comprehensive income” of the Consolidated Income Statement.

−	Equity financial instruments:

At the time of initial recognition, the Bank may make the irrevocable decision to present subsequent changes in fair value in other comprehensive income. Subsequent variations in this valuation will be recognized in “Changes in the fair value of equity instruments designated as at fair value through other comprehensive income”. The dividends received from these investments are recorded in “Income from investments in companies” of the Consolidated Income Statement. These instruments are not subject to the impairment model of IFRS 9.

−	Financial assets at amortized cost:

The assets recorded in this item of the Consolidated Statement of Financial Position are valued after their acquisition at their “amortized cost”, in accordance with the “effective interest rate” method. They are subdivided according to the following:

-	Investment under resale agreements and securities loans (Note<br>No. 13 (a)).
-	Debt financial instruments (Note No. 13 (b)).
---	---
-	Due from banks (Note No. 13 (c)).
---	---
-	Loans and accounts receivable from customers (Note No. 13 (d)).
---	---

Losses due to impairment of these assets generated in each year are recorded in “Provisions for credit risk and loans and accounts receivable from customers” and “Impairment due to credit risk of other financial assets at amortized cost and financial assets at fair value through other comprehensive income” of the Consolidated Income Statement.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(e)	Financial Assets: (continued)
---	---
−	Investment under resale agreements, obligations under repurchaseagreements and securities loans:
---	---

Resale agreement operations are carried out as a form of investment. Under these agreements, financial instruments are purchased, which are included as assets in “Investment under resale agreements and securities loans”, which are valued according to the interest rate of the agreement through the amortized cost method. In accordance with current regulations, the Bank does not record as its own portfolio those papers purchased under resale agreements.

Repurchase agreement operations are also carried out as a form of financing, which are included as liabilities in “Obligations for repurchase agreements and securities loans”. In this regard, the investments that are sold subject to a repurchase obligation and that serve as collateral for the loan correspond to debt financial instruments. The obligation to repurchase the investment is classified in liabilities as “Obligations under repurchase agreements and securities loans” and is valued according to the interest rate of the agreement.

−	Debt financial instruments at amortized cost:

These instruments are recorded at their cost value plus accrued interest and UF indexation, less provision for impairment constituted when their recorded amount is greater than the estimated amount of recovery. Interest and UF indexation of debt financial instrument at amortized cost are included in “Interest income” and “UF indexation income”.

−	Loans and Advances to Banks:

This item shows the balances of operations with local and abroad banks, including the Central Bank of Chile and foreign Central Banks.

−	Loans and accounts receivable from customers:

Loans to customers include originated and purchased non-derivative financial assets with fixed or determinable payments that are not quoted in an active market and which the Bank does not intend to sell immediately or in the short term.

(i)	Valuation method

They are initially measured at cost plus incremental transaction costs and income, and subsequently measured at amortized cost, using the effective interest rate method, less any impairment loss, except when the Bank defined some loans as hedged items, measured at fair value through profit or loss as described in letter (p) of this note.

(ii)	Lease contracts

These are included under the item “Loans to customers” correspond to periodic rent installments of contracts which meet the definition to be classified as financial leases and are presented at their nominal value net of unearned interest as of each year-end.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(e)	Financial Assets: (continued)

(iii)	Factoring transactions

They are valued for the amounts disbursed by the Bank in exchange for invoices or other commercial instruments representative of credit, with or without responsibility of the grantor, received in discount. Price differences between the amounts disbursed and the nominal value of the credits are recorded in the result as interest income, through the effective interest method, during the financing period. In those cases, where the transfer of these instruments it was made without responsibility of the grantor, it is the Bank who assumes the insolvency risks of those required to pay.

(f)	Credit risk allowance:

The Bank permanently evaluates the entire portfolio of loans and contingent loans, with the aim of establishing the necessary and sufficient provisions in a timely manner to cover the expected losses associated with the characteristics of the debtors and their credits, based on the payment and subsequent recovery.

Allowances are required to cover the risk of loan losses have been established in accordance with the instructions issued by the CMF. The loans are presented net of those allowances and, in the case of contingent loans are shown in liabilities under the item “Special provisions for credit risk”.

In accordance with what is stipulated by the CMF, models or methods are used based on an individual and group analysis of debtors, to establish allowance for loan losses. The Bank’s Board of Directors approves said models, as well as modifications to their design and application.

(i)	Allowance for individual evaluations:

An individual analysis of debtors is applied to companies that are of such significance with respect to size, complexity or level of exposure to the bank, that they must be analyzed in detail.

Likewise, the analysis of borrowers focuses on its credit quality related to the capacity and willingness to meet their credit obligations, through sufficient and reliable information, and should also be analyzed in terms of guarantees, terms, interest rates, currency and revaluation, etc.

For purposes of establish the allowances, the banks must assess the credit quality, then classify to one of three categories of loans portfolio: Normal, Substandard and Non-Complying Loans, it must classify the debtors and their operations related to loans and contingent loans in the categories that apply.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(f)	Credit risk allowance: (continued)

−	Normal Loans and Substandard Loans:

Normal loans: includes those debtors whose payment capacity allows them to meet their obligations and commitments, and according to the evaluation of their economic-financial situation no change in this condition are displayed. Loans classified in categories A1 through A6.

Substandard loans: includes all borrowers with insufficient payment capacity or significant deterioration of payment capacity that may be reasonably expected not to comply with all principal and interest payments obligations set forth in the credit agreement, showing a low flexibility to meet its financial obligations in the short term.

They are also part of the Substandard Portfolio those debtors who have shown arrears of more than 30 days in the recent past. The classifications assigned to this portfolio are categories B1 to B4 of the rating scale.

As a result of individual analysis of the debtors, the Bank must classify them in the following categories, assigning, subsequently, the percentage of probability of default and loss given default resulting in the following percentage of expected loss:

Type of portfolio	Category of the debtors
Normal Loans	A1	0.04	90.0	0.03600
	A2	0.10	82.5	0.08250
	A3	0.25	87.5	0.21875
	A4	2.00	87.5	1.75000
	A5	4.75	90.0	4.27500
	A6	10.00	90.0	9.00000
Substandard Loans	B1	15.00	92.5	13.87500
	B2	22.00	92.5	20.35000
	B3	33.00	97.5	32.17500
	B4	45.00	97.5	43.87500

Allowances for Normal and Substandard Loans:

To determine the amount of allowances to be constitute for normal and substandard portfolio, previously should be estimated the exposure to subject to the allowances, which will be applied to respective expected loss, which consist of probability of default (PD) and loss given default (LGD) established for the category in which the debtor and/or guarantor belong, as appropriate.

The exposure affects to allowances applicable to loans plus contingent loans minus the amounts to be recovered by way of the foreclosure of financial or real guarantees of the operations. Loans mean the book value of credit of the respective debtor, while for contingent loans, the value resulting from to apply the indicated in No. 3 of Chapter B-3 of the CASB.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(f)	Credit risk allowance: (continued)

In the case of real guarantees, the Bank must demonstrate that the value assigned to this deduction reasonably reflects the value that it would obtain in the sale of the assets or capital instruments. Also, in qualified cases, the direct debtor’s credit risk may be substituted for the credit quality of the guarantor. In no case may the guaranteed securities be discounted from the amount of the exposure, since this procedure is only applicable when it comes to financial or real guarantees.

For calculation purposes, the following must be considered:

Provision debtor = (ESA-GE) x (PDdebtor /100) x (LGDdebtor /100) + GE x (PDguarantor /100) x (LGDguarantor /100)

Where:

ESA =	Exposure subject to allowances, (Loans + Contingent Loans) – Financial Guarantees
GE =	Guaranteed exposure
---	---

However, the Bank must maintain a minimum provision level of 0.50% over normal portfolio and contingent loans.

−	Non-complying Loans:

The non-complying portfolio includes the debtors and their credits for which their recovery is considered remote, as they show an impaired or no payment capacity. This category comprises all debtors who have stopped paying their creditors or with visible evidence that they will stop doing so, as well as those for which a forced restructuring of their debts is necessary, reducing the obligation or postponing the payment of the principal or interest and, in addition, any debtor that has 90 days overdue or more in the payment of interest or principal of any credit. This portfolio is composed of the debtors belonging to categories C1 to C6 of the rating scale and all credits, including 100% of the amount of contingent loans, held by those same debtors.

For purposes to establish the allowances on the non-complying loans, the Bank disposes the use of percentage of allowances to be applied on the amount of exposure, which corresponds to the amount of loans and contingent loans that maintain the same debtor. To apply that percentage, must be estimated an expected loss rate, less the amount of the exposure the recoveries by way of foreclosure of financial or real guarantees that to support the operation and, if there are available specific background, also must be deducting present value of recoveries obtainable exerting collection actions, net of expenses associated with them. This loss percentage must be categorized in one of the six levels defined by the range of expected actual losses by the Bank for all transactions of the same debtor.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(f)	Credit risk allowance: (continued)

These categories, their range of loss as estimated by the Bank and the percentages of allowance that must be applied on the amount of exposures, are listed in the following table:

Type of portfolio	Scale of risk	Expected Loss Range
Non-complying loans	C1	Up to 3 %	2
	C2	More than 3% up to 20%	10
	C3	More than 20% up to 30%	25
	C4	More than 30 % up to 50%	40
	C5	More than 50% up to 80%	65
	C6	More than 80%	90

For calculation purposes, the following must be considered:

Expected Loss Rate = (E−R)/E

Allowance = E × (AP/100)

Where:

E	=	Exposure Amount
R	=	Recoverable Amount
---	---	---
AP	=	Allowance Percentage (according to the category in which the Expected Loss Rate should be assigned).
---	---	---

All credits of the debtor must be kept in the Default Portfolio until there is a normalization of their ability or payment behavior, without prejudice to punishment of each particular credit that meets the condition indicated in Title II of Chapter B-2 of the Compendium of Accounting Standards for Banks. To remove a debtor from the Default Portfolio, once the circumstances that lead to classification in this portfolio according to these regulations have been overcome, at least the following copulative conditions must be met:

-	No obligation of the debtor with the bank with more than 30 calendar days overdue.
-	No new refinances granted to pay its obligations.
---	---
-	At least one of the payments includes amortization of capital.
---	---
-	If the debtor has a credit with partial payment periods less than six months, has already made two payments.
---	---
-	If the debtor must pay monthly fees for one or more credits, has paid four consecutive dues.
---	---
-	The debtor does not have direct debts unpaid in the CMF recast information, except in the case of insignificant<br>amounts.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---

(ii)Allowances for group evaluations

Group evaluations are relevant for residential mortgage and consumer loan exposures, in addition to commercial exposures related to student loans and exposures with debtors that simultaneously meet the following conditions:

The Bank has an aggregate exposure to the same counterparty of less than 20,000 UF. The aggregate exposure should require gross provisions or other mitigations. In addition, for its computation, mortgage loans must be excluded. In the case of off-balance sheet items, the gross amount is calculated by applying the credit conversion factors, defined in chapter B-3 of the CASB. To determine the aggregate exposure, the bank must consider the definition of corporate group established in Title II of Chapter 12-16 of the Actualized Standards Compilation.

Banks must carry out a complete and permanent monitoring of all operations with entities belonging to business groups. Considering the costs that may result the conformation of groups for all debtors, the bank must at least keep control and form groups, if applicable, for all debtors who maintain a current exposure greater than a minimum amount established by the banking institution which may not be greater than 1% of its effective equity at the time the definition of the group portfolio is made.

-	Each aggregate exposure to the same counterparty does not<br>exceed 0.2% of the total commercial group portfolio. To avoid circular computation, the criterion will be checked only once.

For the remaining commercial credit exposures, the individual analysis model of the debtors must be applied.

The determination of the type of analysis (group or individual) must be carried out at the global consolidated level, once a year, or after significant adjustments in the Bank’s portfolio, such as mergers, acquisitions, purchases or significant portfolio sales.

To determine the allowances, the group evaluations require the formation of groups of loans with similar characteristics in terms of type of debtors and conditions agreed, to establish technically based estimates by prudential criteria and following both the payment behavior of the group that concerned as recoveries of defaulted loans and consequently provide the necessary provisions to cover the risk of the portfolio.

To determine its provisions, the Bank segments its debtors into homogeneous groups, according described above, associating to each group a determined probability of default and a percentage of recovery based in a historic analysis. The amount of provisions to register it will be obtained multiplied the total loans of respective group by the percentages of estimated default and of loss given the default.

In the case of consumer loans, collaterals are not considered for the purpose of estimating the expected loss.

The Bank discriminates between provisions on the normal portfolio and on the portfolio in default, and those that protect the risks of contingent credits associated with those portfolios.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---
−	Standard method of provisions for group portfolio
---	---

The standard methodologies presented below establish the variables and parameters that determine the provision factor for each type of portfolio that the CMF has defined as representative, according to the common characteristics shared by the operations that comprise them.

(a)	Residential mortgage portfolio

The provision factor applicable, represented by expected loss over the mortgage loans, it will depend to the past due of each credit and the relation, at the end of month, between outstanding capital and the value of the mortgage guarantees (CMG), according the following table:

Provision factor applicable according to delinquency and CMG
****	****	Past due days at the end-month								Non-Complying
CMG section	Concept	0		1-29		30-59		60-89		****	Portfolio
CMG<br> ≤ 40%	PD<br> (%)		1.0916		21.3407		46.0536		75.1614			100.0000
	LGD<br> (%)		0.0225		0.0441		0.0482		0.0482			0.0537
	EAD<br> (%)		0.0002		0.0094		0.0222		0.0362			0.0537
40%<br> < CMG ≤ 80%	PD<br> (%)		1.9158		27.4332		52.0824		78.9511			100.0000
	LGD<br> (%)		2.1955		2.8233		2.9192		2.9192			3.0413
	EAD<br> (%)		0.0421		0.7745		1.5204		2.3047			3.0413
80%<br> < CMG ≤ 90%	PD<br> (%)		2.5150		27.9300		52.5800		79.6952			100.0000
	LGD<br> (%)		21.5527		21.6600		21.9200		22.1331			22.2310
	EAD<br> (%)		0.5421		6.0496		11.5255		17.6390			22.2310
CMG<br> > 90%	PD<br> (%)		2.7400		28.4300		53.0800		80.3677			100.0000
	LGD<br> (%)		27.2000		29.0300		29.5900		30.1558			30.2436
	EAD<br> (%)		0.7453		8.2532		15.7064		24.2355			30.2436

Where:

PD	: Probability of default
LGD	: Loss given default
---	---
EAD	: Exposure at default
---	---
CMG	: Outstanding loan capital /Mortgage Guarantee value
---	---
(b)	Commercial portfolio
---	---

To determine these allowances, the Bank considers the standard methods presented below, as applicable to commercial leasing operations or other types of commercial loans. Then, the applicable provision factor will be assigned considering the parameters defined for each method.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---
·	Commercial Leasing Operations
---	---

The provision factor applies to the current value of commercial leasing operations (including the purchase option) and will depends on the default of each operation, the type of leased asset and the relationship between the current value of each operation and the leased asset value (PVB) at each month-end, as indicated in the following tables:

Probability of default (PD) applicable according to default and type of asset (%)
	Type of asset
Days of default of the operation at the month-end	Real estate		Non-real estate
0		0.79		1.61
1-29		7.94		12.02
30-59		28.76		40.88
60-89		58.76		69.38
Portfolio in default		100.00		100.00
Loss given the default (LGD) applicable according to PVB section and type of asset (%)
---	---	---	---	---
PVB = Current value of the operation / Value of the leased asset
PVB section	Real estate		Non-real estate
PVB ≤ 40%		0.05		18.20
40% < PVB ≤ 50%		0.05		57.00
50% < PVB ≤ 80%		5.10		68.40
80% < PVB ≤ 90%		23.20		75.10
PVB > 90%		36.20		78.90

The determination of the PVB relationship is made considering the appraisal value expressed in UF for real estate and in Chilean pesos for non-real estate, recorded at the time of the respective loan granting, taking into account possible situations that may be causing temporary increases in the assets prices at that time.

·	Generic commercial loans and factoring

For the factoring operations and other commercial loans, other than those indicated above, the provision factor, applicable to the amount of the placement and the exposure of the contingent loan risk, will depends on the default of each operation and the relationship that exists at the end of each month, between the obligations that the debtor has with the bank and the value of the collateral that protect them (PTVG), as indicated in the following tables:

Probability of default (PD) applicable according to default and PTVG section (%)
****	With collateral				Without
Days of default at the month-end	PTVG≤100%		PTVG>100%		collateral
0		1.86		2.68		4.91
1-29		11.60		13.45		22.93
30-59		25.33		26.92		45.30
60-89		41.31		41.31		61.63
Portfolio in default		100.00		100.00		100.00

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---
Loss given the default (LGD) applicable according to PTVG section (%)
---	---	---	---	---	---
Collateral (with / without)	PTVG section	Generic commercial operations or factoring without the responsibility of the transferor		Factoring with the responsibility of the transferor
With collateral	PTVG ≤ 60%		5.00		3.20
	60% < PTVG≤ 75%		20.30		12.80
	75% < PTVG ≤ 90%		32.20		20.30
	90% < PTVG		43.00		27.10
Without collateral			56.90		35.90

The collaterals used for the purposes of calculating the PTVG relationship of this method may be specific or general, including those that are simultaneously specific and general. Collateral can only be considered if, according to the respective coverage clauses, it was constituted in the first degree of preference in favor of the Bank and only guarantees the debtor’s credits with respect to which it is imputed (not shared with other debtors).

The invoices assigned in the factoring operations will not be considered for purposes of calculating the PTVG. The excess of collateral associated with mortgage loans referred to in numeral 3.1.1 Residential mortgage portfolio in Chapter B-1 of CASB may be considered, computed as the difference between 80% of the property’ commercial value, according to with the conditions set out in that framework, and the mortgage loan that guarantees.

For the calculation of the PTVG ratio, the following considerations must be taken into account:

Transactions with specific collaterals: when the debtor granted specific collateral for generic commercial loans and factoring, the PTVG ratio is calculated independently for each covered transaction, such as the division between the amount of the loans and the contingent loans exposure and the collateral’s value of the covered product.

ii.

Transactions with general collaterals: when the debtor granted general or general and specific collaterals, the Bank calculates the respective PTVG, jointly for all generic commercial loans and factoring and not contemplated in the preceding paragraph i), as the quotient between the sum of the amounts of the loans and exposures of contingent loans and the general, or general and specific collateral that, according to the scope of the remaining coverage clauses, safeguard the loans considered in the numerator aforementioned coverage ratio.

---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---

The amounts of the guarantees used in the PTVG ratio of numerals i) and ii), different from those associated with excess guarantees from mortgage loans to which the residential mortgage portfolio refers, must be determined according to:

-	The last valuation of the collateral, be it appraisal or fair value, according to the type of real guarantee<br>in question. For the determination of fair value, the criteria indicated in Chapter 7-12 (Fair Value of Financial Instruments) of the<br>RAN should be considered.
-	Possible situations that could be causing temporary increases in the values of the collaterals.
---	---
-	Limitations on the amount of coverage established in their<br>respective clauses.
---	---
−	Portfolio in default.
---	---

Includes all placements and 100% of the amount of the contingent loans, of the debtors that the closing of a month presents a delay equal to or greater than 90 days in the payment of the interest of the capital of any credit. It will also include debtors who are granted a credit to leave an operation that has more than 60 days of delay in their payment, as well as those debtors who were subject to forced restructuring or partial forgiveness of a debt.

They may exclude from the portfolio in default: a) mortgage loans for housing, which delinquent less than 90 days, unless the debtor has another loan of the same type with greater delinquency; and, b) credits for financing higher studies of Law No. 20,027, which do not yet present the non-compliance conditions indicated in Circular No. 3,454 of December 10, 2008.

All credits of the debtor must be kept in the Default Portfolio until there is a normalization of their ability or payment behavior, without prejudice to punishment of each particular credit that meets the condition indicated in Title II of Chapter B-2 of the CASB. To remove a debtor from the Default Portfolio, once the circumstances that lead to classification in this portfolio according to the present rules have been overcome, at least the following copulative conditions must be met:

-	No obligation of the debtor with the bank with more than 30 calendar days overdue.
-	No new refinances granted to pay its obligations.
---	---
-	At least one of the payments includes amortization of capital.
---	---
-	If the debtor has a credit with partial payment periods less than six months, has already made two payments.
---	---
-	If the debtor must pay monthly fees for one or more credits, has paid four consecutive dues.
---	---
-	The debtor does not appear with unpaid debts direct according to the information recast by CMF, except<br>for insignificant amounts.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(f)	Credit risk allowance: (continued)

(iii) Provisions related to financingwith FOGAPE COVID-19 guarantee.

On July 17, 2020, the CMF requested to determine specific provisions of the credits guaranteed by the FOGAPE COVID-19 guarantee, for which the expected losses were determined estimating the risk of each operation, without considering the substitution of credit quality of the guarantee, according to the corresponding individual or group analysis method, in accordance with the provisions of Chapter B-1 of the CASB. This procedure must be carried out in an aggregate manner, grouping all those operations to which the same deductible percentage is applicable.

The deductible is applied by the Fund Administrator, which must be borne by each financial institution and does not depend on each particular operation, but is determined based on the total of the balances guaranteed by the Fund, for each group of companies that have the same coverage, according to their net sales size.

(iv) Provisions related to financingwith FOGAPE Reactivation guarantee.

To determine the provisions of the amounts guaranteed by the FOGAPE Reactivation, the Bank considers the substitution of the credit quality of the debtors for that of the FOGAPE, for all the types of financing indicated, up to the amount covered by the aforementioned guarantee. Naturally, the option to consider the risk attributable to FOGAPE may be made while said guarantee remains in force, without considering the capitalized interest, in accordance with the provisions of article 17 of the Fund Regulations.

Likewise, for the computation of the provisions of the amount not covered by the guarantee, corresponding to the debtors, the treatment must be differentiated according to the level of default of the refinanced credit and the grace period, which must consider the cumulative consecutive months grace period between the refinanced loan and other prior measures.

For this purpose, the following situations should be considered:

·	Refinancing with less than 60 days past due and less than 180 days of grace.

When the Bank grants the refinancing and is the current creditor, depending on the methodology used in accounting for provisions (standard or internal method) for the group portfolio, the computation of default and the expected loss parameters remain constant at the time to carry out the refinancing, as long as no payment is due.

In the case of debtors evaluated on an individual basis, their risk category is maintained at the time of rescheduling, which does not prevent them from being reclassified to the category that corresponds to them, in the event of a worsening of their payment capacity.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---
·	Refinancing with past due between 60 and 89 days or grace periods greater than 180 days and less than<br>360 days.
---	---

The provisions established in the previous point apply, and at least one of the following conditions must also be met:

i.	In its credit granting policies, the Bank considers at least the following aspects:
-	A robust procedure for the categorization of viable debtors, which considers<br>at least the sector and its solvency and liquidity situation.
---	---
-	Efficient mechanisms for monitoring the debtor’s situation, with formally<br>defined internal governance.
---	---
ii.	Interest is charged in the months of grace, in accordance with the guidelines established in article 15<br>letter a) of the Regulation, or there is a demand for payment in another credit with the bank. In the latter case, if noncompliance is<br>observed, the carry forward rules contained in numerals 2.2 and 3.2 of Chapter B-1 of the CASB must be considered, depending on whether<br>it is a credit subject to individual or group evaluation, respectively.
---	---
·	Refinancing with grace periods greater than 360 days.
---	---

The Bank must apply the provisions established in Chapter B-1 of the CASB, considering the operation as a forced renegotiation and, therefore, apply the provisions that correspond to the portfolio in default.

(v) Impairment of loans

The impaired loans include the following assets, according to Chapter B-1 of the CASB of the CMF:

-	In case of debtors subject to individual assessment, includes credits from<br>“Non-complying loans” those classified in categories B3 and B4 of “Substandard loans”.
-	Debtors subject to assessment group evaluation, the impaired portfolio includes<br>all credits of the “Non-complying loans”.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---

(vi) Charge-offs

As a general rule, the charge-offs are produced when the contractual rights on cash flows end. In case of loans, even if the above does not happen, it will proceed to charge-offs the respective asset balances.

The charge-off refers to derecognition of the assets in the Consolidated Statement of Financial Position, related to the respective transaction and, therefore, the part that could not be past-due if a loan is payable in installments, or a lease.

- Charge-offs of loans to customers

The charge-off must be to make using credit risk provisions constituted, whatever the cause for which the charge-off was produced.

Write-offs for loans to customers and accounts receivable, other than from leasing operations, should be made in the following circumstances, whichever occurs first:

-	The Bank, based on all available information, concludes that will not obtain any cash flow of the credit<br>recorded as an asset.
-	When the debt without executive title expires 90 days after it was recorded in asset.
---	---
-	At the expiration of the statute of limitations for actions to demand payment through an executive trial,<br>or at the time of rejection or abandonment of the execution of the judgment by final court resolution.
---	---
-	When past-due term of a transaction reaches the charge-off term disposed below:
---	---
Type of Loan	Term
---	---
Consumer loans - secured and unsecured	6 months
Other transactions - unsecured	24 months
Commercial loans - secured	36 months
Residential mortgage loans	48 months

The term represents the time elapsed since the date on which payment of all or part of the obligation in default became due.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(f)	Credit risk allowance: (continued)
---	---
-	Charge-offs of lease operations
---	---

These assets must be charge-offs against the following circumstances, whichever occurs first:

-	The Bank concludes that there is no possibility of the rent recoveries and the value of the property cannot<br>be considered for purposes of recovery of the contract, either because the lessee has not the asset, for the property’s conditions,<br>for expenses that involve its recovery, transfer and maintenance, due to technological obsolescence or absence of a history of your location<br>and current situation.
-	When it complies the prescription term of actions to demand the payment through executory or upon rejection<br>or abandonment of executory by court.
---	---
-	When a contract has been in default reach the period of time indicated below:
---	---
Type<br> of Loan	Term
---	---
Consumer leases	6 months
Other non-real estate lease<br> transactions	12 months
Real estate leases (commercial<br> or residential)	36 months

The term represents the time elapsed since the date on which payment of all or part of the obligation in default became due.

(vii) Written-off loans recoveries

Cash recoveries on charge-off loans including loans that were reacquired from the Central Bank of Chile are recorded directly in income in the Consolidated Statement of Income, as a reduction of the “Recoveries of written-off loans” item.

In the event of recoveries of assets, the income will be recognized in the results for the amount by which they are incorporated into the asset. The same criterion will be followed if the leased assets were recovered after the charge-off for a leasing operation, when such assets are incorporated into the asset.

Any renegotiation of a credit already written off does not give rise to income, as long as the operation remains to have an impaired quality; the actual payments received must be treated as recoveries of credits written off, as indicated above.

Therefore, renegotiated credit can be recorded as an asset only if it has not deteriorated quality; also recognizing revenue from activation must be recorded like recovery of loans.

The same criteria should apply in the case that was give credit to pay a charge-off loan.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(g)	Impairment due to credit risk of Financial assets at amortized cost and Financial assets at fair valuethrough other comprehensive income (FVOCI):
---	---

In accordance with the established in Chapter A-2 of the CASB of the CMF, the impairment model of IFRS 9 will not be applied to loans in the category “Financial assets at amortized cost” (“Due from banks” and “Loans and accounts receivable from customers”), nor on “Contingent loans”, since the criteria for these instruments are defined in Chapters B-1 to B-3 of the CASB.

For the rest of the financial assets measured at Amortized Cost or FVOCI, the model on which impairment losses must be calculated corresponds to one of Expected Credit Loss (ECL) as established in IFRS 9.

Debt financial instruments whose subsequent valuation is at amortized cost or at FVOCI will be subject to impairment due to credit risk. On the contrary, those instruments at fair value through profit or loss do not require this measurement.

The measurement of impairment is carried out in accordance with a general impairment model that is based on the existence of 3 possible phases of the financial asset, the existence or not of a significant increase in credit risk and the condition of impairment. The 3 phases determine the amount of impairment that will be recognized as an expected credit loss, as well as the interest income that will be recorded at each reporting date. Each phase is listed below:

Phase 1: Incorporates financial assets whose credit risk has not increased significantly since initial recognition. Expected credit losses are recognized to 12-month. Interest is recognized based on the gross amount on the balance sheet.

Phase 2: Incorporates financial assets whose credit risk has increased significantly since initial recognition. Expected credit losses are recognized throughout the life of the financial asset. Interest is recognized based on the gross amount on the balance sheet.

Phase 3: Incorporates impaired financial assets. Expected credit losses are recognized throughout the life of the financial asset. Interest is recognized based on the net amount (gross amount on the balance sheet less allowance for credit risk).

−	Impairment of debt financial instruments measured at fair value through other comprehensive income

The Bank applies the value impairment requirements for the recognition and measurement of a value correction for losses to financial assets that are measured at fair value through other comprehensive income in accordance with IFRS 9. This value adjustment for losses is recognized in Other Comprehensive Income (OCI) and does not reduce the carrying amount of the financial asset in the Consolidated Statement of Financial Position. The accumulated loss recognized in OCI is recycled in results when derecognizing the financial assets.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(h)	Financial liabilities:

Classification of financial liabilities:

Financial liabilities are classified in the following categories:

-	Financial liabilities at amortized cost;
-	Financial liabilities held for trading at fair value through<br>profit or loss: Financial instruments are recorded in this item when the Bank’s objective is to generate profits through purchases and<br>sales with these instruments. This item includes financial derivative trading contracts that are liabilities, which will be measured<br>subsequently at fair value.
---	---
-	Financial liabilities designated as at fair value through profit<br>or loss: The Bank has the option to irrevocably designate, at the time of initial recognition, a financial liability as measured at fair<br>value through profit or loss if the application of this criterion eliminates or significantly reduces inconsistencies in the measurement<br>or recognition, or if it is a group of financial liabilities, or a group of financial assets and liabilities, that is managed, and its<br>performance evaluated, based on fair value in line with a risk management or investment strategy.
---	---

Valuation of financial liabilities:

Initial valuation:

They are initially recorded at fair value, less transaction costs that are directly attributable to the issuance of the instruments. Variations in the value of financial liabilities due to the accrual of interest, UF indexation and similar concepts are recorded under the headings “Interest expenses” and “UF indexation expenses” of the Consolidated Income Statement for the period in which the accrual occurred (see Note No. 30 and No. 31).

Subsequent valuation:

The changes in the valuations that will occur after the initial registration due to reasons other than those mentioned in the previous paragraph, are treated as described below, based on the categories in which the financial liabilities are classified.

Financial liabilities at amortizedcost:

The liabilities recorded in this item are valued after their acquisition at their amortized cost, which is determined in accordance with the effective interest rate method (EIR).

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(i)	Derecognition of financial assets and liabilities:
---	---

The Bank and its subsidiaries derecognize a financial asset from its Statement of Financial Position, when the contractual rights to the cash flows of the financial asset have expired or when the contractual rights to receive the cash flows of the financial asset are transferred during a transaction in which all ownership risks and rewards of the financial asset are transferred. Any portion of transferred financial assets that is created or retained by the Bank is recognized as a separate asset or liability.

When the Bank transfers a financial asset, it assesses to what extent it has retained the risks and rewards of ownership. In this case:

−	If substantially all risks and rewards of ownership of the financial asset have been transferred, it is<br>derecognized, and any rights or obligations created or retained upon transfer are recognized separately as assets or liabilities.
−	If substantially all risks and rewards of ownership of the financial asset have been retained, the Bank<br>continues to recognize it.
---	---
−	If substantially all risks and rewards of ownership of the financial<br>asset are neither transferred nor retained, the Bank will determine if it has retained control of the financial asset. In this case:
---	---
-	If the Bank has not retained control, the financial asset will<br>be derecognized, and any rights or obligations created or retained upon transfer will be recognized separately as assets or liabilities.
---	---
-	If the Bank has retained control, it will continue to recognize<br>the financial asset in the Consolidated Financial Statement by an amount equal to its exposure to changes in value that can experience<br>and recognize a financial liability associated to the transferred financial asset.
---	---

The Bank derecognizes a financial liability (or a portion thereof) from its Consolidated Statement of Financial Position if, and only if, it has extinguished or, in other words, when the obligation specified in the corresponding contract has been paid or settled or has expired.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(j)	Compensation of financial assets and liabilities:
---	---

Financial assets and liabilities are subject to compensation, so that their net amount is presented in the Consolidated Statement of Financial Position, when and only when the Bank has the right, legally enforceable, to offset the recognized amounts and intends to settle the net amount, or to realize the asset and settle the liability simultaneously.

Income and expenses are presented net only when permitted by accounting standards, or in the case of gains and losses arising from a group of similar transactions such as the Bank’s trading and foreign exchange activity.

(k)	Functional currency:

The items included in the Interim Financial Statements of Banco de Chile and its subsidiaries are valued using the currency of the primary economic environment in which it operates (functional currency). The functional and presentation currency of the Interim Consolidated Financial Statements of Banco de Chile is the Chilean peso, which is the currency of the primary economic environment in which the Bank operates, and also obeys the currency that influences the cost and income structure.

(l)	Transactions in foreign currency:

Transactions in currencies other than the functional currency are considered to be in foreign currency and are initially recorded at the exchange rate of the functional currency on the transaction date. Monetary assets and liabilities denominated in foreign currencies are converted using the exchange rate of the functional currency as of the date of the Consolidated Statement of Financial Position. All differences are recorded as a debit or credit to income.

As of June 30, 2024 and 2023, the Bank and its subsidiaries applied the exchange rate of accounting representation according to the standards issued by the CMF, for which the assets in dollars are shown at their equivalent value in Chilean pesos calculated using the following market exchange rate Ch$942.46 per US$1 (Ch$801.21 per US$1 as of June 30, 2023).

As of June 30, 2024, the amount of Ch$81,958 million corresponding to a net financial profit from exchange, indexation and accounting hedging of foreign currency (net loss of Ch$13,805 million as of June 30, 2023) shown in the Consolidated Statements of Income, includes the result from exchange operations, indexation and accounting hedges of foreign currency, including the conversion of assets and liabilities in foreign currency or indexed to the exchange rate.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(m)	Operating Segments:

The Bank discloses information by segment in accordance with IFRS 8 (Note No. 6). The Bank’s operating segments are determined based on its different business units, considering the following:

-	That it conducts business activities from which income is obtained<br>and expenses are incurred (including income and expenses relating to transactions with other components of the same entity).
-	That its operating results are reviewed regularly by the entity’s<br>highest decision-making authority for operating decisions, to decide about resource allocation for the segment and evaluate its performance;<br>and
---	---
-	For which separate financial information available.
---	---
(n)	Statement of cash flows:
---	---

The Consolidated Statement of Cash Flows shows the changes in cash and cash equivalents derived from operating activities, investment and financing activities during the year. The indirect method has been used in the preparation of this statement of cash flows.

For the preparation of Consolidated Financial Statements of Cash Flow, it is considered the following concepts:

-	Cash and cash equivalents: corresponds to the item “Cash<br>and deposits in banks”, plus (minus) the net balance corresponding to operations with liquidation in progress that are shown in<br>the Consolidated Statement of Financial Position, plus other cash equivalents such as investments in short-term debt financial instruments<br>that meet the criteria to be considered “cash equivalents”, for which they must have an original maturity of 90 days or less<br>from the date of acquisition, be highly liquid, easily convertible into amounts known amounts of cash as of the date of the initial investment,<br>and that the financial instruments are exposed to an insignificant risk of changes in value.
-	Operating activities: corresponds to normal activities of the<br>Bank, as well as other activities that cannot classify like investing or financing activities.
---	---
-	Investing activities: correspond to the acquisition, sale or<br>disposition other forms, of long-term assets and other investments not included in cash and cash equivalents.
---	---
-	Financing activities: corresponds to the activities that produce<br>changes in the amount and composition of the equity and the liabilities that are not included in the operating or investing activities.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(o)	Financial derivative contracts:
---	---

A “Financial Derivative” is a financial instrument whose value changes in response to changes in an observable market variable (such as an interest rate, exchange rate, the price of a financial instrument or a market index, including credit ratings), whose initial investment is very small in relation to other financial instruments with a similar response to changes in market conditions and which is generally settled at a future date.

The Bank maintains contracts of Derivative financial instruments, for cover the exposition of risk of foreign currency and interest rate. These contracts are recorded in the Consolidated Statement of Financial Position at their cost (included transactions costs) and subsequently measured at fair value. Derivative instruments are reported as an asset when their fair value is positive and as a liability when negative under the item “Derivative Instruments”.

Changes in fair value of derivative contracts held for trading purpose are included under “Financial Assets and Liabilities held for Trading”, on the Consolidated Statement of Income.

Additionally, the Bank includes in the valuation of the derivatives “Counterparty Credit Risk Adjustments, including: “CVA” or Credit Valuation Adjustment to reflect the counterparty credit risk in determining the fair value, as well as the “DVA” o Debit Valuation Adjustment to reflect the Bank’s own credit risk. Likewise, the Bank incorporates “Financing Adjustment”, also called “FVA” or Funding Valuation Adjustment, which captures the expected cost (or benefit) of financing (reinvesting) the cash flows of the derivative, with respect to a reference discount rate, when there are no collaterals (or they are imperfect).

Certain embedded derivatives in other financial instruments are treated as separate derivatives when their risk and characteristics are not closely related to those of the main contract and if the contract in its entirety is not recorded at its fair value with its unrealized gains and losses included in income.

(p)	Financial derivative contracts for accounting hedges:

The Bank has chosen to continue applying the hedge accounting requirements of IAS 39 when adopting IFRS 9.

At the moment of subscription of a derivative contract must be designated by the Bank as a derivative instrument for trading or hedging purposes.

If a derivative instrument is classified as a hedging instrument, it can be:

-	A hedge of the fair value of existing assets or liabilities or firm commitments, or;
-	A hedge of cash flows related to existing assets or liabilities or forecasted transactions.
---	---

A hedge relationship for accounting hedges purposes must comply with all of the following conditions:

-	at its inception, the hedge relationship has been formally documented;
-	it is expected that the hedge will be highly effective;
---	---
-	the effectiveness of the hedge can be measured in a reasonable manner; and
---	---
-	the hedge is highly effective with respect to the hedged risk on an ongoing basis and throughout the entire<br>hedge relationship.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(p)	Financial derivative contracts for accounting hedges: (continued)

The Bank presents and measures individual hedges (where there is a specific identification of hedged item and hedged instruments) by classification, according to the following criteria:

Fair value hedges: Changes in the fair value of a derivative hedging instrument, designated as a fair value hedge, are recognized in income under the lines “Net interest income” and “Net indexation income” and/or “Foreign currency changes, UF indexation and accounting hedge”, depending on the type of risk covered. The hedged item is also presented at fair value in relation to the risk being hedged; gains or losses attributable to the hedged risk are recognized in income under the lines “Net interest income” and “Net income from UF indexation” and adjust the book value of the item subject to the hedge.

Cash flow hedge: Changes in the fair value of financial instruments derivative designated like “cash flow hedge” are recognized in “Cash flow accounting hedge” included in the Consolidated Other Comprehensive Income, to the extent that hedge is effective and hedge is reclassified to income in the item “Net interest income” and “Net income from UF indexation” and/or “Foreign currency changes, UF indexation and accounting hedge”, when hedged item affects the income of the Bank produced for the “interest rate risk” or “foreign exchange risk”, respectively. If the hedge is not effective, the changes in the fair value are recognized directly in the results of the year under the caption “Other financial result”.

If the hedged instruments do not comply with criteria of cash flow accounting hedges, it expires or is sold, it suspends or executed, this hedge must be discontinued prospectively. Accumulated gains or losses recognized previously in the equity are maintained there until projected transactions occur, in that moment will be registered in Consolidated Statement of Income (in the item “Net interest income” and “Net income from UF indexation” and/or “Foreign currency changes, UF indexation and accounting hedge”, depend of the hedge), lesser than it foresees that the transaction will not execute, in this case it will be registered immediately in Consolidated Statement of Income (in the item “Net interest income” and “Net income from UF indexation” and/or “Foreign currency changes, UF indexation and accounting hedge”, depend of the hedge).

(q)	Intangible Assets:

Intangible assets (Note No. 15) are initially recognized at their acquisition cost, and are subsequently measured at their cost less any accumulated amortization or less any accumulated impairment losses.

Software or computer programs purchased by the Bank and its subsidiaries are accounted for at cost less accumulated amortization and impairment losses.

The subsequent expense in software assets is capitalized only when it increases the future economic benefit for the specific asset. All other expenses are recorded as an expense as incurred.

Amortization is recorded in income using the straight-line amortization method based on the estimated useful life of the software, from the date on which it is available for use. The estimated useful life of software is a maximum of 6 years.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:
(r)	Property and equipment:
---	---

Property and equipment (Note No. 16) includes the amount of land, real estate, furniture, computer equipment and other installations owned by the consolidated entities and which are for own use. These assets are stated at historical cost less depreciation and accumulated impairment. This cost includes expenses than have been directly attributed to the asset’s acquisition.

Depreciation is recognized in the Consolidated Statements of Income on a straight-line basis over the estimated useful lives of each part of an item of property and equipment.

The estimated average useful lives for the period 2024 and 2023 are as follows:

- Buildings	50 years
- Installations	10 years
- Equipment	5 years
- Supplies and accessories	5 years

Maintenance expenses relating to those assets held for own uses are recorded as expenses in the year in which they are incurred.

(s)	Deferred taxes and income taxes:

The income tax provision of the Bank and its subsidiaries has been determined in conformity with current legal regulations.

The Bank and its subsidiaries recognize, when appropriate, deferred tax assets and liabilities for future estimates of tax effects attributable to temporary differences between the book and tax values of assets and liabilities. Deferred tax assets and liabilities are measured based on the tax rate expected to be applied, in accordance with current tax law, in the year that deferred tax assets are realized or liabilities are settled. The effects of future changes in tax legislation or tax rates are recognized in deferred taxes starting on the date of publication of the law approving such changes (Note No. 18).

Deferred tax assets are recognized only when it is likely that future tax profits will be sufficient to recover deductions for temporary differences. According to instructions from the CMF, deferred taxes are presented in the Consolidated Statement of Financial Position according with IAS 12 “Income Tax”.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used, continued:

(t)	Provisions, contingent assets and liabilities:

Provisions are liabilities involving uncertainty about their amount or maturity. They are recorded in the Consolidated Statement of Financial Position when the following requirements are jointly met:

-	a present obligation has arisen from a past event;
-	as of the date of the Financial Statements it is probable that the Bank or its subsidiaries have to disburse<br>resources to settle the obligation; and
---	---
-	the amount of these resources can be reliably measured.
---	---

A contingent asset or liability is any right or obligation arising from past events whose existence will be confirmed by one or more uncertain future events which are not within the control of the Bank.

Contingent credits are understood as operations or commitments in which the Bank assumes a credit risk by committing itself to third parties, in the event of a future event, to make a payment or disbursement that must be recovered from its clients.

The following are classified as contingent credits in off-balance sheet information:

-	Undrawn credit lines: Considers the unused amounts of lines of credit that allow customers to make use<br>of credit without prior decisions by the bank.
-	Undrawn credit lines with immediate termination: Considers those undrawn credit lines, defined in the<br>previous numeral, that the bank can unconditionally cancel at any time and without prior notice, or for which its automatic cancellation<br>is contemplated in case of deterioration of the debtor’s solvency, as permitted by the current legal framework and the contractual conditions<br>established between the parties.
---	---
-	Contingent credits linked to the CAE: Correspond to credit commitments granted in accordance with Law<br>No. 20,027 (“CAE”).
---	---
-	Letters of credit for goods circulation operations: Considers the commitments that arise, both to the<br>issuing bank and to the confirming bank, from self-settled commercial letters of credit with a maturity period of less than 1 year, arising<br>from merchandise circulation operations (for example, confirmed foreign or documentary letters of credit). Includes documentary letters<br>of credit issued by the Bank, which have not yet been negotiated.
---	---
-	Debt purchase commitments in local currency abroad: Note issuance facility (NIF) and revolving underwriting<br>facility (RUF) are considered.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:
(t)	Provisions, contingent assets and liabilities: (continued)
---	---
-	Transactions related to contingent events: Guarantee bonds with promissory notes referred to in Chapter<br>8-11 of the Actualized Standards Compilation are considered.
---	---
-	Warranty by endorsement and sureties: Includes warranty by endorsement, sureties and standby letters of<br>credit referred to in Chapter 8-10 of the Actualized Standards Compilation. In addition, it includes the payment guarantees of buyers<br>in factoring operations, as indicated in Chapter 8-38 of that Compilation.
---	---
-	Other credit commitments: It includes the unplaced amounts of committed loans that are to be disbursed<br>on an agreed future date or triggered by events contractually defined with the client, as is the case with irrevocable credit lines tied<br>to the progress of projects (for provisions purposes, both the gross exposure referred to in No. 3 and future increases in the amount<br>of guarantees associated with committed disbursements must be considered).
---	---

Exposure to credit risk on contingent loans:

To calculate provisions for contingent credits, the amount of exposure to be considered will be equivalent to the percentage of the amounts of the contingent credits indicated below:

Type of contingent credit
Undrawn credit lines with immediate termination	10	%
Contingent credits linked to the CAE	15	%
Letters of credit for goods circulation operations	20	%
Other undrawn credit lines	40	%
Debt purchase commitments in local currency abroad	50	%
Transactions related to contingent events	50	%
Warranty by endorsement and sureties	100	%
Other credit commitments	100	%
Other contingent loans	100	%

When dealing with transactions performed with customers with overdue loans, that exposure shall be equivalent to 100% of its contingent loans.

(u)	Provisions for minimum dividends:

According with the CASB of the CMF, the Bank records within liabilities the portion of net income for the year that should be distributed to comply with the Corporations Law or its dividend policy. For these purposes, the Bank establishes a provision in a complementary equity account within retained earnings (Note No. 25).

For purposes of calculating the provision of minimum dividends, the distributable net income is considered, which is defined as that which results from reducing or adding to the net income for the year, the correction of the value of the paid-in capital and reserves, due to the effects of the variation of the Consumer Price Index.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:

(v)	Employee benefits:

Employee benefits are all forms of consideration granted by an entity in exchange for services provided by employees or severance pay.

Short-term employee benefits are employee benefits (other than termination benefits) that are expected to be settled in full before twelve months after the end of the annual reporting period in which the employees have rendered the related services (Note No. 24 (c)).

-	Staff vacations

The annual costs of vacations and staff benefits are recognized on an accrual basis.

-	Other short-term benefits

The entity contemplates for its employees an annual incentive plan for meeting objectives and individual contribution to the company’s results, which are eventually delivered, consisting of a certain number or portion of monthly salaries and are provisioned based on the estimated amount to be distributed.

Other long-term employee benefits are all employee benefits other than short-term employee benefits, post-employment benefits, and termination benefits.

-	Employee benefits for termination of employment contract

The Bank has agreed with part of the staff the payment of compensation to those who have completed 30 or 35 years of permanence, in the event that they retired from the Institution. The proportional part accrued by those employees who will have access to exercise the right to this benefit and who at the end of the year have not yet acquired it has been incorporated into this obligation.

The obligations of this benefit plan are valued according to the projected credit unit method, including as variables the staff turnover rate, the expected salary growth and the probability of using this benefit, discounted at the current rate for long-term operations (6.62% as of June 30, 2024 and 5.77% as of December 31, 2023).

The discount rate used corresponds to the rate of 10-year Bonds in pesos of the Central Bank of Chile (BCP).

Gains and losses arising from changes in actuarial variables are recognized in Other Comprehensive Income. There are no other additional costs that should be recognized by the Bank.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:
(w)	Earnings per share:
---	---

The basic earnings per share is determined by dividing the net income attributed to the Bank’s owners in a period and the weighted average number of shares outstanding during that period.

Diluted earnings per share are determined similarly to basic earnings, but the weighted average number of outstanding shares is adjusted to take into account the potential dilutive effect of the options on shares, warrants and convertible debt. At the end of the periods ended June 30, 2024 and 2023 there are no concepts to adjust.

(x)	Interest revenue and expense and UF indexation:

Interest income and expenses and UF indexation (Notes No. 30 and No. 31) are recognized in the Consolidated Statement of Income using the effective interest rate method. The effective interest rate is the rate which exactly discounts estimated future cash payments or receipts through the expected life of the financial instrument (or, where appropriate, in a shorter period), to the carrying amount of the financial asset or financial liability. To calculate the effective interest rate, the Bank determines cash flows by taking into account all contractual conditions of the financial instrument, excluding future credit losses.

The effective interest rate calculation includes all fees and other amounts paid or received that form part of the effective interest rate. Transaction costs include incremental costs that are directly attributable to the purchase or issuance of a financial asset or liability.

In the case of the impaired portfolio and current loans with a high risk of irrecoverability of loans and accounts receivable from customers, the Bank has applied a conservative position of discontinuing the accrual of interest and UF indexation on an accrual basis in the Consolidated Statement of Income, when the credit or one of its installments has been 90 days default in its payment.

(y)	Commission income and expenses:

Revenue and expenses from fees (Note No. 32) are recognized in the Consolidated Income Statement using the criteria established in IFRS 15 “Revenue from contracts with customers”.

Under IFRS 15, revenues are recognized considering the terms of the contract with customers. Revenue is recognized when or as the performance obligation is satisfied by transferring the goods or services committed to the customer.

Under IFRS 15, revenues are recognized using different criteria depending on their nature. The most significant are:

−	Those that correspond to a singular act, when the act that originates them takes place.
−	Those that originate in transactions or services that are extended over time, during the life of such<br>transactions or services.
---	---
−	Commissions on loan commitments and other fees related to credit operations are deferred (together with<br>the incremental costs directly related to the placement) and recognized as an adjustment to the effective interest rate of the placement.<br>In the case of loan commitments, when there is no certainty of the date of effective placement, the commissions are recognized in the<br>period of the commitment that originates it on a linear basis.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:

(y)	Commission income and expenses: (continued)

The fees registered by the Bank correspond mainly to:

−	Commissions for credit prepayment: These commissions are accrued at the time the credits are prepaid.
−	Commissions for lines of credit and overdrafts: These commissions are accrued in the period related to<br>the granting of lines of credit and overdrafts in checking accounts.
---	---
−	Commissions for warranty by endorsement and letters of credit: These commissions are accrued in the period<br>related to the granting by the bank of payment guarantees for real or contingent obligations of third parties.
---	---
−	Commissions for card services: Correspond to commissions accrued for the period, related to the use of<br>credit cards, debit cards and other.
---	---
−	Commissions for account management: Includes commissions that accrue in the period related to the maintenance<br>of current accounts and other deposit accounts.
---	---
−	Commissions for collections and payments: Includes commissions<br>generated by the collection and payment services provided by the Bank.
---	---
−	Commissions for intermediation and management of securities: correspond to income from brokerage service,<br>placements, administration and custody of securities.
---	---
−	Remuneration for administration of mutual funds, investment funds or others: corresponds to the commissions<br>from the General Fund Administrator for the administration of third-party funds.
---	---
−	Remuneration for brokerage and insurance consulting services: Income from brokerage and insurance advice<br>by the Bank or its subsidiaries is included.
---	---
−	Commissions for factoring operations services: Commissions for factoring operations services performed<br>by the Bank are included.
---	---
−	Commissions for financial consulting services: commissions for financial advisory services performed by<br>the Bank and its subsidiary are included.
---	---
−	Other commissions earned: includes income generated from foreign currency exchange, issuance bank guarantees,<br>issuance of bank check, use of distribution channels, agreement on the use of a brand and placement of financial products and cash transfers,<br>and recognition of payments associated with commercial alliances, among others.
---	---

Commission expenses include:

−	Commissions for card operations: commissions paid for credit<br>and debit card operations are included.
−	Commissions for licensing the use of card brands.
---	---
−	Expenses for obligations of loyalty and merits programs for<br>card customers.
---	---
−	Commissions for operations with securities: commissions for<br>deposit and custody of securities and brokerage of securities are included.
---	---
−	Other commissions for services received: Commissions are included<br>for guarantees and endorsements of Bank obligations, for foreign trade operations, for correspondent banks in the country and abroad,<br>for ATMs and electronic fund transfer services.
---	---
−	Commissions for compensation of large value payments: corresponds<br>to commissions paid to entities such as ComBanc, CCLV Contraparte Central, etc.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:
(z)	Impairment of non-financial assets:
---	---

The carrying amounts of the non-financial assets of the Bank and its subsidiaries, are reviewed throughout the year and especially at each reporting date, to determine if any indication of impairment exists. If such indication exists, the recoverable amount of the asset is then estimated.

(aa)	Financial and operating leases:
−	The Bank acting as lessor
---	---

Assets leased to customers under agreements which transfer substantially all the risks and rewards of ownership, with or without ultimate legal title, are classified as finance leases. When assets held are subject to a finance lease, the leased assets are derecognized and a receivable is recognized which is equal to the present value of the minimum lease payments, discounted at the interest rate implicit in the lease. Initial direct costs incurred in negotiating, and arranging a finance lease are incorporated into the receivable through the discount rate applied to the lease. Finance lease income is recognized over the lease term based on a pattern reflecting a constant periodic rate of return on the net investment in the finance lease.

Assets leased to customers under agreements, which do not transfer substantially all the risks, and rewards of ownership are classified as operating leases.

The leased investment properties, under the operating lease modality, are included in the Consolidated Statement of Financial Position as “Other assets” and depreciation is determined on the book value of these assets, applying a proportion of the value in a systematic way on the economic use of the estimated useful life. Lease income is recognized on a straight-line basis over the lease term.

−	The Bank acting as lessee

A contract is, or contains a lease, if one party has the right to control the use of an identified asset for a period of time in exchange for a regular payment (Note No. 17).

On the start date of a lease, a right-to-use assets leased is determined at cost, which includes the amount of the initial measurement of the lease liability plus other disbursements made.

The amount of the lease liability is measured at the present value of future lease payments that have not been paid on that date, which are discounted using the Bank’s incremental financing interest rate.

The right-of-use asset is measured using the cost model, less accumulated depreciation and accumulated losses due to impairment of value, depreciation of the right-of-use asset, is recognized in the Consolidated Statements of Income based on the linear depreciation method from the start date and until the end of the lease term.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:
(aa)	Financial and operating leases: (continued)
---	---

The monthly variation of the UF for the contracts established in said monetary unit should be treated as a new measurement, therefore the UF readjustment modifies the value of the lease liability, and in parallel, the amount of the right-of-use asset must be adjusted by this effect.

After the start date, the lease liability is measured by lowering the carrying amount to reflect the lease payments made and the modifications to the lease.

According to IFRS 16 “Leases” the Bank does not apply this rule to contracts whose duration is 12 months or less and those that contain an underlying asset of low value. In these cases, payments are recognized as a lease expense.

(ab)	Additional provisions:

In accordance to the CMF regulations, the banks have recorded additional allowances for its individually evaluated loan portfolio, taking into consideration the expected impairment of this portfolio. The calculation of this allowance is performed based on the Bank’s historical experience and considering possible future adverse macroeconomic conditions or circumstances that could affect a specific sector.

The provisions made in order to forestall the risk of macroeconomic fluctuations should anticipate situations reversal of expansionary economic cycles in the future, could translate into a worsening in the conditions of the economic environment and thus, function as a countercyclical mechanism accumulation of additional provisions when the scenario is favorable and release or assignment to specific provisions when environmental conditions deteriorate.

According to the above, additional provisions must always correspond to general provisions on commercial, consumer or mortgage loans, or segments identified, and in no case may be used to offset weaknesses of the models used by the Bank (Note No. 26).

As of June 30, 2024, the balance of additional provisions amounts to Ch$700,252 million (Ch$700,252 million in December 2023), which are presented in the caption “Special Provisions for Credit Risk” of liabilities in the Interim Consolidated Statement of Financial Position.

(ac)	Fair value measurement:

“Fair value” is understood as the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between participants in a principal (or more advantageous) market at the measurement date under current market conditions, independent whether that price is directly observable or estimated using another valuation technique. The most objective and usual reference of fair value is the price that would be paid in an active, transparent and deep market (“quoted price” or “market price”).

When available, the Bank estimates the fair value of an instrument using quoted prices in an active market for that instrument. A market is considered active if quoted prices are readily and regularly available and represent actual and regularly occurring market transactions on an arm’s length basis.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

2.	Main Accounting Criteria Used,continued:

(ac)	Fair value measurement: (continued)

If a market for a financial instrument is not active, the Bank establishes fair value using a valuation technique. These valuation techniques include the use of recent market transactions between knowledgeable, willing parties in an arm’s length transaction, if available, as well as references to the fair value of other instruments that are substantially the same, discounted cash flows and options pricing models.

The chosen valuation technique makes maximum use of information obtained in the market, using the least possible amount of data estimated by the Bank, incorporates all the factors that market participants would consider to establish the price, and will be consistent with generally accepted economic methodologies for calculating the price of financial instruments. The variables used by the valuation technique reasonably represent market expectations and reflect the return-risk factors inherent to the financial instrument. Periodically, the Bank calibrates the valuation techniques and tests it for validity using prices from observable current market transaction in the same instrument or based on available observable market information.

The best evidence of the fair value of a financial instrument at initial recognition is the transaction price (i.e. the fair value of the consideration given or received) unless the fair value of that instrument is evidenced by comparison with other observable current market transactions in the same instrument (i.e. without modification or repackaging) or based on a valuation technique whose variables include only data from observable markets. However, when transaction price provides the best evidence of fair value at initial recognition, the financial instrument is initially measured at the transaction price and any difference between this price and the value initially obtained from a valuation model is subsequently recognized in incomes.

On the other hand, it should be noted that the Bank has financial assets and liabilities offset each other’s market risks, based on which average market prices are used as a basis for determining their fair value.

Then, the fair value estimates obtained from models are adjusted for any other factors, such as liquidity risk or model uncertainties; to the extent that the Bank believes that a third-party market participant would take them into account in pricing a transaction.

The Bank’s fair value disclosures are included in Note No. 44.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted:

Standards approved and/or modifiedby the International Accounting Standards Board (IASB) and by the Commission for the Financial Market (CMF):

Standards and interpretations thathave been adopted in these Interim Consolidated Financial Statements.

As of the date of issuance of these Interim Consolidated Financial Statements, the new accounting pronouncements issued by both the IASB and the CMF, which have been adopted by the Bank and its subsidiaries, are detailed below:

-	Accounting standards issued by IASB.

IFRS 16 Leases. Recognition ofthe lease liability in a sale with leaseback.

In September 2022, the IASB published an amendment to IFRS 16 related to the recognition of the lease liability in a sale with leaseback.

The amendment specifies the requirements that a seller-lessee must use to measure the lease liability that arises on sale and leaseback so that the seller-lessee does not recognize any gain or loss related to the right of use that it retains.

The modifications are effective for the periods of presentation of the Interim Consolidated Financial Statements that begin on or after January 1, 2024, and early application is allowed.

The implementation of this amendment will have no impact for Banco de Chile and its subsidiaries.

IAS 7 Statement of Cash Flows andIFRS 7 Financial Instruments Disclosures - Supplier Financing Arrangements.

In May 2023, the IASB issued amendments to IAS 7 and IFRS 7. The amendments specify the current requirements to enhance the disclosure in the financial statements of supplier financing arrangements concerning liabilities, cash flows, and a company’s exposure to liquidity risk.

The amendments are effective for periods beginning on or after January 1, 2024, and early application is permitted.

The implementation of this amendment had no impact for Banco de Chile and its subsidiaries.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted, continued:

Circulars issued in the processof implementing the Basel III standards.

During the year 2024, the CMF has issued the following standards related to the implementation of Basel III:

On February 9, 2024, Circular No.2,344 was published, which provides clarifications to Chapter 21-20 of the Updated Compilation of Standards (“RAN” for its initials in Spanish), on dispositions related to the promotion of market discipline and financial transparency through of the disclosure of significant and timely information from banking entities to market agents, as defined by the Basel Committee on Banking Supervision, for the standard commonly called “Pillar 3”. The changes will apply from the Pillar 3 report that must be published with information that refers to the first quarter of 2024, and it is not required to rectify previous reports.

In accordance with the requirements of this circular, the changes were applied to the Pillar 3 report.

New Standards and interpretationsthat have been issued but their application date is not yet in force:

The following is a summary of new standards, interpretations and improvements to the International Financial Reporting Standards issued by the International Accounting Standards Board (IASB) and the CMF that are not yet effective as of June 30, 2024, as follows:

-	Accountingstandards issued by IASB.

IAS 28 Investments in Associatesand Joint Venture and IFRS 10 Consolidated Financial Statements.

In September 2014, the IASB published this modification, which clarifies the scope of the profits and losses recognized in a transaction, that involves an associate or joint venture, and that this depends on whether the asset sold or contribution constitutes a business. Therefore, the IASB concluded that all gains or losses must be recognized against loss of control of a business.

Likewise, the gains or losses that result from the sale or contribution of a subsidiary that does not constitute a business (definition of IFRS 3) to an associate or joint venture must be recognized only to the extent of unrelated interests in the associate or joint venture.

During December 2015, the IASB agreed to set the effective date of this modification in the future, allowing its immediate application.

Banco de Chile and its subsidiaries will have no impact on the Consolidated Financial Statements as a result of the application of this amendment.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted, continued:

IAS21 Effects of Changes in Foreign Exchange Rates.

In August 2023, the IASB published amendments to IAS 21. These amendments set out criteria that will allow companies to assess whether a currency is exchangeable and when it is not so, they can determine the exchange rate to use and the disclosures to provide.

The amendments are effective for periods beginning on or after January 1, 2025, and early application is permitted.

As of the date of issuance of these Interim Consolidated Financial Statements, the implementation of this new standard will not have impacts for the Bank or its subsidiaries.

IFRS18 – Presentation and Disclosure in Financial Statements.

On April 9, 2024, IASB published a new accounting standard, IFRS 18 Presentation and Disclosure in Financial Statements, replacing the IAS 1 Presentation of Financial Statements.

This new standard aims to improve the usefulness of the presented and disclosed information so that the comparability of the financial information is enhanced, complying with the qualitative characteristics defined in the conceptual framework of the International Financial Reporting Standards (IFRS).

According to the information provided by IASB, the standard introduces three new requirements:

-	Improvement<br> comparability of the income statement.
-	Higher<br> transparency in measuring the performance defined by the management.
---	---
-	More<br> useful grouping of the information in the financial statements.
---	---

The standard will be effective for annual accounting periods beginning on or after January 1, 2027.

Due to these Interim Consolidated Financial Statements being prepared according to CMF norms defined in CASB, the adoption of this standard is conditional to the modification of the CASB.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted, continued:

IFRS19 – Subsidiaries without Public Accountability: Disclosures

On May 9, 2024, IASB published the new accounting standard IFRS 19 Subsidiaries without Public Accountability: Disclosures that will be effective for annual accounting periods beginning on or after January 1, 2027 with earlier application permitted.

This new standard allows to save in the preparation costs of the financial statements of subsidiaries without public interest, making possible to disclose less information and adapt the financial statements to the needs of the users when certain conditions are met.

The standard establishes that a subsidiary is in the public interest if:

-	It<br> has debt instruments or capital that is subject to trade on a public market or if it is in<br> the process of issuing such instruments to negotiate on a public market; or
-	Manages<br> fiduciary assets for a broad group of external people as one of its principal businesses.
---	---

A subsidiary is eligible and can apply IFRS 19 in its consolidated or individual financial statements if:

-	It<br> does not have public responsability; and
-	Its<br> ultimate parent company or any other intermediate parent company issued consolidated financial<br> statements that are available for public use and comply with the IFRS.
---	---

This new standard will not have impact on the current Interim Consolidated Financial Statements.

-	Accounting standards issued by CMF.

CircularNo. 2,346. Standard model of provisions for consumer loans. Modifies Chapter B-1 “Provisions for credit risk” and ChapterE “Transitional disposition” of the CNCB.

On March 6, 2024, the CMF published this circular that introduces the regulations that establish the Standardized Methodology for computing Provisions for Consumer Loans in Chapter B-1 of the CNCB.

The regulations establish matrices for determining the Probability of Default (PD) and Loss Given Default (LGD) parameters that must be used to calculate the minimum level of provisions.

The PD matrix is determined based on three factors (default in the bank, in the financial system and the possession of a mortgage loan).

Regarding the LGD, the model allows differentiation according to the type of credit (leasing or automotive, installments, cards and lines or other consumer) and also distinguishes those debtors with mortgage credit for housing in the system, allowing banks recognize a loss level adjusted to the specific characteristics of each operation.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted, continued:

The regulations of the standard provision model for consumer loans will come into force as of the accounting close of January 2025. Until that date, banks will continue to estimate the provisions of this portfolio only through their internal methodologies. The impact of the first application must be recorded in the entity's income statement.

Based on the information available at the date of issuance of these Interim Consolidated Financial Statements, it is estimated that the adoption of this new methodology would mean a charge to results of the order of Ch$66,000 million before tax. To address this impact, the Bank has resolved to release additional provisions for an equivalent amount at the time of implementing the new methodology.

Circularsissued in the process of implementing the Basel III standards.

During the year 2024, the CMF has issued the following standards related to the implementation of Basel III:

On February 9, 2024, Circular No. 2,343 was published, the regulations modify Chapter 21-11 “Factors and methodology for Banks or group of banks classified as systemically important and requirements that may be imposed as a consequence of this qualification” of the Updated Compilation of Standards (“RAN” for its initials in Spanish), regarding the lower threshold to determine systemic banks. Additionally, adjustments are made to File R11 “Rating of systemically important banks”, and to Tables 11 “Institutional composition” and 106 “Sub-factors of the Systemically Important Index” of the Information System Manual (“MSI” for its initials in Spanish).

4.	Accounting<br> Changes:

During the period ended June 30, 2024, there have been no material or relative importance changes in accounting that affect the presentation of these Interim Consolidated Financial Statements.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events:
a)	During<br> the period 2024 Banco de Chile has reported as essential fact the following placements in<br> the local market of senior, dematerialized and bearer bonds issued by Banco de Chile and<br> registered in the Securities Registry of the Financial Market Commission:
---	---
Date	Registration<br> number in the Securities Registry	Serie	Amount		Currency	Maturity<br> date	Average<br> rate
---	---	---	---	---	---	---	---	---	---
January<br> 15, 2024	11/2022	EZ		3,100,000	UF	05/01/2028		3.72	%
January 16, 2024	11/2022	EZ		900,000	UF	05/01/2028		3.72	%
January 31, 2024	11/2015	CE		600,000	UF	12/01/2031		3.20	%
February 8, 2024	11/2015	CH		200,000	UF	12/01/2032		3.15	%
March 15, 2024	11/2022	FA		910,000	UF	08/01/2028		3.25	%
March 21, 2024	11/2022	FA		550,000	UF	08/01/2028		3.32	%
March 22, 2024	11/2022	EY		350,000	UF	04/01/2028		3.29	%
March 25, 2024	11/2022	FA		400,000	UF	08/01/2028		3.29	%
March 26, 2024	11/2022	GG		350,000	UF	05/01/2035		3.35	%
March 27, 2024	11/2022	FA		100,000	UF	08/01/2028		3.24	%
April 4, 2024	11/2022	EY		500.000	UF	04/01/2028		3.28	%
April 12, 2024	11/2022	EX		250,000	UF	07/01/2025		3.10	%
April 17, 2024	11/2022	EX		400,000	UF	07/01/2025		3.02	%
May 8, 2024 (*)	20240002	HX		850,000	UF	12/01/2044		3.49	%
May 9, 2024 (*)	20240002	HX		300,000	UF	12/01/2044		3.49	%
May 17, 2024 (*)	20240002	HX		150,000	UF	12/01/2044		3.46	%
May 22, 2024 (*)	20240002	HX		400,000	UF	12/01/2044		3.46	%
June 4, 2024 (*)	20240002	HX		1,000,000	UF	12/01/2044		3.55	%
June 6, 2024	11/2022	FO		100,000	UF	01/01/2032		3.48	%
June 10, 2024	11/2022	EY		100,000	UF	04/01/2028		3.20	%
June 11, 2024	11/2022	GG		240,000	UF	05/01/2035		3.53	%
June 12, 2024	11/2022	FB		590,000	UF	04/01/2029		3.35	%
(*)	The<br> bonds have been registered under the Automatic Registration modality, with the registration<br> number dated April 5, 2024.
---	---
b)	On<br> January 25, 2024, the Board of Directors of Banco de Chile agreed to convene an Ordinary<br> Shareholders' Meeting for March 28, 2024 in order to propose, among other matters, the following<br> distribution of profits for the year ended on December 31, 2023:
---	---
a)	Deduct<br> and withhold from the net income of the year, an amount equivalent to the effect of inflation<br> of the paid capital and reserves according to the variation of the Consumer Price Index that<br> occurred between November 2022 and November 2023, amounting to Ch$223,719,568,421 which will<br> be added to retained earnings from previous periods.
---	---
b)	Distribute<br> 80% in the form of dividend the remaining profit, corresponding to a dividend of Ch$8.07716286860<br> to each of the 101,017,081,114 shares of the Bank.
---	---

Consequently, it will be proposed a distribution as dividend of 65.6% of the profits for the year ending December 31, 2023.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:

c)	During<br> the period 2024 Banco de Chile has reported as an essential fact the following placements<br> in the foreign market, issued under its Medium Term Notes Program (“MTN”):
Date	Amount		Currency	Maturity<br> date	Average<br> rate
---	---	---	---	---	---	---	---
February 2, 2024		433,000,000	HKD	02/09/2034		4.22	%
d)	On<br> March 28, 2024, during the Bank's Ordinary Shareholders' Meeting, the definitive appointment<br> of Mr. Patricio Jottar Nasrallah as a Regular Director of Banco de Chile was made, a position<br> he will hold until the next renewal of the Board of Directors.
---	---
e)	On<br> March 28, 2024, the subsidiary Banchile Corredores de Seguros Ltda. reported that the general<br> manager, Mr. Jorge Yoma Rojas, will leave his position on April 15, 2024. Mr. Patricio Salles<br> Delporte will take over as his replacement.
---	---
6.	Business<br> Segments:
---	---

For management purposes, the Bank is organized into four segments, which are defined based on the types of products and services offered, and the type of client in which focuses as described below:

Retail:	This<br> segment focuses on individuals and small and medium-sized companies (SMEs) with annual sales<br> up to UF 70,000, where the product offering focuses primarily on consumer loans, commercial<br> loans, checking accounts, credit cards, credit lines and Residential mortgage loans.
Wholesale:	This<br> segment focused on corporate clients and large companies, whose annual revenue exceed UF<br> 70,000, where the product offering focuses primarily on commercial loans, checking accounts<br> and liquidity management services, debt instruments, foreign trade, derivative contracts<br> and leases.
---	---
Treasury:	This<br> segment includes the associated revenues to the management of the investment portfolio and<br> the business of financial transactions and currency trading.
---	---

Transactions with customers carried out by the Treasury are reflected in the respective aforementioned segments. These products are highly transaction-focused and include foreign exchange transactions, derivatives and financial instruments in general, among others.

Subsidiaries:	Corresponds<br> to the businesses generated by the companies controlled by the Bank, which carry out activities<br> complementary to the bank business. The companies that comprise this segment are:
-	Banchile<br> Administradora General de Fondos S.A.
---	---
-	Banchile<br> Asesoría Financiera S.A.
-	Banchile<br> Corredores de Seguros Ltda.
-	Banchile<br> Corredores de Bolsa S.A.
-	Socofin<br> S.A.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

6.	Business Segments, continued:

The financial information used to measure the performance of the Bank’s business segments is not comparable with similar information from other financial institutions because each institution relies on its own definitions. The accounting policies applied to the segments is the same as those described in the summary of accounting principles. The Bank obtains the majority of the results from: interest, indexation and commissions and financial operations and changes, discounting provisions for credit risk and operating expenses. Management is mainly based on these concepts to evaluate the performance of the segments and make decisions about the goals and allocations of resources of each unit. Although the results of the segments reconcile with those of the Bank at the total level, this is not necessarily the case in terms of the different concepts, given that management is measured and controlled individually and not on a consolidated basis, applying the following criteria:

●	The<br> net interest margin of loans and deposits is obtained aggregating the net financial margins<br> of each individual operation of credit and uptake made by the bank. For these purposes, the<br> volume of each operation and its contribution margin are considered, which in turn corresponds<br> to the difference between the effective rate of the customer and the internal transfer price<br> established according to the term and currency of each operation. Additionally, the net margin<br> includes the result of interest and indexation from the accounting hedges.
●	Provisions<br> for credit risk are determined at the customer and counterparty level based on the characteristics<br> of each of their operations. In the case of additional provisions, these are assigned to<br> the different business segments based on the credit risk weighted assets that each segment<br> has.
---	---
●	The<br> capital and its financial impacts on outcome have been assigned to each segment based on<br> the risk-weighted assets.
---	---
●	Operational<br> expenses are reflected at the level of the different functional areas of the Bank. The allocation<br> of expenses from functional areas to business segments is done using different allocation<br> criteria, at the level of the different concepts and expense items.
---	---

Taxes are managed at a corporate level and are not allocated to business segments.

For the periods ended June 30, 2024 and 2023 there was no income from transactions with a customer or counterparty that accounted for 10% or more of the Bank's total revenues.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

6.	Business Segments, continued:

The following table presents the income by segment for the periods ended between January 1, and June 30, 2024 and 2023 for each of the segments defined above:

****	Retail		Wholesale		Treasury		Subsidiaries		Subtotal		Consolidation<br> adjustment		Total
****	June	June	June	June	June	June	June	June	June	June	June	June	June	June
****	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
****	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Net<br> interest revenue (expense) and UF indexation	768,984	676,235	389,267	398,160	(70,567	(144,728	(3,347	(7,660	1,084,337	922,007	839	156	1,085,176	922,163
Net<br> commissions revenue (expense)	163,905	170,367	42,803	35,056	577	129	92,629	83,072	299,914	288,624	(18,418	(15,533	281,496	273,091
Profit<br> (loss) of financial operations	176	183	7,597	11,889	57,774	205,228	15,957	19,615	81,504	236,915	(839	(130	80,665	236,785
Foreign<br> currency changes, indexation and accounting hedge	7,822	2,001	15,874	16,792	44,598	(46,146	13,664	13,548	81,958	(13,805	—	—	81,958	(13,805
Other<br> income	18,728	20,357	2,949	7,490	—	—	1,701	1,921	23,378	29,768	(5,466	(3,472	17,912	26,296
Income<br> attributable to investments in other companies	2,202	3,722	1,379	1,396	170	126	329	552	4,080	5,796	—	—	4,080	5,796
Total<br> operating revenue	961,817	872,865	459,869	470,783	32,552	14,609	120,933	111,048	1,575,171	1,469,305	(23,884	(18,979	1,551,287	1,450,326
Expenses<br> from salaries and employee benefits	(182,214	(175,721	(52,168	(50,759	(1,417	(1,375	(44,045	(40,949	(279,844	(268,804	10	10	(279,834	(268,794
Administrative<br> expenses	(171,763	(158,729	(38,643	(37,763	(946	(1,093	(23,974	(18,804	(235,326	(216,389	23,422	18,471	(211,904	(197,918
Depreciation<br> and amortization	(38,854	(38,731	(4,065	(4,281	(271	(225	(3,598	(3,065	(46,788	(46,302	—	—	(46,788	(46,302
Impairment<br> of non-financial assets	—	(1	—	—	—	—	(1,512	18	(1,512	17	—	—	(1,512	17
Other<br> operating expenses	(11,997	(11,128	(4,375	(3,306	(1	(2	(688	(920	(17,061	(15,356	452	498	(16,609	(14,858
Total<br> operating expenses	(404,828	(384,310	(99,251	(96,109	(2,635	(2,695	(73,817	(63,720	(580,531	(546,834	23,884	18,979	(556,647	(527,855
Expenses<br> for credit losses	(183,533	(186,292	(21,943	8,567	(2,628	4,845	—	—	(208,104	(172,880	—	—	(208,104	(172,880
Income<br> from operations	373,456	302,263	338,675	383,241	27,289	16,759	47,116	47,328	786,536	749,591	—	—	786,536	749,591
Income<br> taxes													(165,281	(151,493
Income<br> after income taxes													621,255	598,098

All values are in US Dollars.

The following table presents assets and liabilities of the periods ended June 30, 2024 and December 31, 2023 by each segment defined above:

	Retail		Wholesale		Treasury		Subsidiaries		Subtotal		Consolidation adjustment				Total
	June	December	June	December	June	December	June	December	June	December	June		December		June	December
	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024		2023		2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh		MCh		MCh	MCh
Assets												)		)
Current<br> and deferred taxes
Total<br> assets
Liabilities												)		)
Current<br> and deferred taxes
Total<br> liabilities

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

7.	Cash<br> and Cash Equivalents:

The detail of the balances included under cash and cash equivalents as follows:

	June	December
	2024	2023
	MCh	MCh
Cash and due from banks:
Cash
Deposit in Chilean Central<br> Bank (*)
Deposit in abroad Central<br> Bank
Deposits in domestic<br> banks
Deposits<br> in abroad banks
Subtotal – Cash<br> and due from banks
Net transactions in the<br> course of settlement (**)
Others<br> cash equivalents (***)
Total<br> cash and cash equivalents

All values are in US Dollars.

The detail of the balances included under net ongoing clearance operations is as follows:

	June		December
	2024		2023
	MCh		MCh
Assets
Documents<br> drawn on other banks (clearing)
Funds<br> receivable
Subtotal<br> - assets
Liabilities
Funds<br> payable		)		)
Subtotal<br> - liabilities		)		)
Net<br> transactions in the course of settlement

All values are in US Dollars.

(*)	The<br> level of funds in cash and in the Central Bank of Chile responds to regulations on reserve<br> requirements that the bank must maintain on average in monthly periods.
(**)	Ongoing<br> clearance operations correspond to transactions in which only the settlement remains that<br> will increase or decrease the funds in the Central Bank of Chile or in foreign banks, normally<br> within 12 or 24 business hours.
---	---
(***)	Refers<br> to financial instruments that meet the criteria to be considered as “cash equivalents”<br> as defined by IAS 7, i.e., to qualify as “cash equivalents” investments in debt<br> financial instruments must be: short-term with an original maturity of 90 days or less from<br> the date of acquisition, highly liquid, readily convertible to known amounts of cash from<br> the date of initial investment, and that the financial instruments are exposed to an insignificant<br> risk of changes in their value.
---	---

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

8.	Financial<br> Assets Held for Trading at Fair Value through Profit or Loss:

The item detail is as follows:

	June	December
	2024	2023
	MCh	MCh
Financial<br> derivative contracts
Debt Financial<br> Instruments
Other financial<br> instruments
Total

All values are in US Dollars.

(a)	The<br> Bank as of June 30, 2024 and December 31, 2023, maintains the following asset portfolio of<br> derivative instruments:
	Notional amount of contract with final expiration date in
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Demand		Up<br> to 1 month		Over<br> 1 month and up to 3 months		Over<br> 3 months and up to 12 months		Over<br> 1 year and up to 3 years		Over<br> 3 year and up to 5 years		Over<br> 5 years		Total		Fair<br> Value Assets
	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Currency<br> forward
Interest<br> rate swap
Interest<br> rate and cross currency swap
Call<br> currency options
Put<br> currency options
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

8.	Financial Assets Held for Trading at Fair Value through Profit or Loss, continued:

b) The detail of the Debt Financial Instruments is the following:

	June	December
	2024	2023
	MCh	MCh
Instruments<br> issued by the Chilean Government and Central Bank of Chile
Debt<br> financial instruments from the Central Bank of Chile
Bonds<br> and Promissory notes from the General Treasury of the Republic
Other<br> fiscal debt financial instruments
Other<br> Instruments Issued in Chile
Debt<br> financial instruments from other domestic banks
Bonds<br> and trade effects from domestic companies
Other<br> debt financial instruments issued in the country
Instruments<br> Issued Abroad
Financial<br> instruments from foreign governments or Central Banks
Financial<br> debt instruments from foreign goverments and fiscal entities
Debt<br> financial instruments from other foreign banks
Bonds<br> and trade effects from foreign companies
Total

All values are in US Dollars.

Under instruments of the State and Central Bank of Chile are classified instruments sold under repurchase agreements to clients and financial institutions, by an amount of Ch$70,313 million as of June 30, 2024 (As of December 31, 2023, there is no amount for this concept). The repurchase agreements have an average maturity of 2 days at the end of the period 2024. As part of the FCIC program, instruments delivered as collateral are included for an approximate amount of Ch$245,620 million as of December 31, 2023.

Instruments sold under repurchase agreements to clients and financial institutions include other debt financial instruments issued in the country, by an amount of Ch$106,280 million as of June 30, 2024 (Ch$121,586 million in December 2023). The repurchase agreements have an average maturity of 18 days at the end of the period 2024 (4 days in 2023).

Additionally, the Bank has investments in own-issued letters of credit for an amount equivalent to Ch$1,363 million as of June 30, 2024 (Ch$1,733 million in December 2023), which are presented as a reduction of the liability item “Debt Financial Instruments Issued”.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

8.	Financial Assets Held for Trading at Fair Value through Profit or Loss, continued:

c) The detail of other financial instruments is as follows:

	June	December
	2024	2023
	MCh	MCh
Mutual fund investments
Funds managed<br> by related companies
Funds managed by third-party
Equity instruments
Domestic<br> equity instruments
Foreign<br> equity instruments
Loans originated and<br> acquired by the entity
Loans and advances to<br> banks
Commercial loans
Residential mortgage<br> loans
Consumer loans
Others
Total

All values are in US Dollars.

9.	Non-trading<br> Financial Assets mandatorily measured at Fair Value through Profit or Loss:

As of June 30, 2024 and December 31, 2023, the Bank does not hold any non-trading financial assets mandatorily measured at fair value through profit or loss.

10.	Financial Assets<br> and Liabilities designated as at Fair Value through Profit or Loss:

As of June 30, 2024 and December 31, 2023, the Bank does not hold financial assets and liabilities designated as at fair value through profit or loss.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

11.	Financial<br> Assets at Fair Value through Other Comprehensive Income:

The item detail is as follows:

	June	December
	2024	2023
	MCh	MCh
Debt<br> Financial Instruments
Other financial<br> instruments
Total

All values are in US Dollars.

(a)	As<br> of June 30, 2024 and December<br> 31, 2023, the detail of debt financial instruments is as follows:
	June	December
---	---	---
	2024	2023
	MCh	MCh
Instruments issued by the<br> Chilean Government and Central Bank of Chile
Debt<br> financial instruments from the Central Bank of Chile
Bonds<br> and Promissory notes from the General Treasury of the Republic
Other<br> fiscal debt financial instruments
Other<br> Instruments Issued in Chile
Debt<br> financial instruments from other domestic banks
Bonds<br> and trade effects from domestic companies
Other<br> debt financial instruments issued in the country
Instruments<br> Issued Abroad
Financial<br> instruments from foreign Central Banks
Financial<br> instruments from foreign governments and fiscal entities
Debt<br> financial instruments from other foreing banks
Bonds<br> and trade effects from foreign companies
Other<br> debt financial instruments issued abroad
Total

All values are in US Dollars.

Instruments of the Government and the Central Bank of Chile include instruments sold under repurchase agreements to clients and financial institutions for an amount of Ch$32,586 million in June 2024 (Ch$10,488 million in December 2023). The repurchase agreements have an average maturity of 1 days in June 2024 (3 days in December 2023). As part of the FCIC program, instruments delivered as collateral are included for an approximate amount of Ch$1,094,076 million as of December 31, 2023.

Under the same item, instruments that guarantee margins for cleared derivatives transactions are classified through Comder Contraparte Central S.A. for an amount of Ch$39,904 million as of June 30, 2024 (Ch$43,863 million as of December 31, 2023).

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

11.	Financial Assets at Fair Value through Other Comprehensive Income, continued:

Under Instruments of Other National Institutions are classified instruments delivered as collateral as part of FCIC program for an approximate amount of Ch$850,506 million as of December 31, 2023. There are no collateral as of June 30, 2024 for this concept.

As of June 30, 2024 the accumulated credit impairment for debt instruments at fair value through other comprehensive income was Ch$6,298 million (Ch$5,500 million as of December 31, 2023).

(b)	The<br> analysis of changes in fair value and expected losses of debt instruments measured at fair<br> value is as follows:
	Phase<br> 1 Individual				Phase<br> 2 Individual				Phase<br> 3 Individual		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Fair value		Impairment		Fair value		Impairment		Fair value	Impairment	Fair value		Impairment
	MCh		MCh		MCh		MCh		MCh	MCh	MCh		MCh
Balance<br> as of January 1, 2023
Net<br> change in balance		)		)		)		)				)		)
Change<br> in fair value
Transfer<br> to Phase 1
Transfer<br> to Phase 2		)
Transfer<br> to Phase 3
Impact<br> due to transfer between phases
Net<br> impact due to impairment
Balance<br> as of December 31, 2023
Balance<br> as of January 1, 2024
Net<br> change in balance		)										)
Change<br> in fair value		)										)
Transfer<br> to Phase 1
Transfer<br> to Phase 2
Transfer<br> to Phase 3
Impact<br> due to transfer between phases
Net<br> impact due to impairment
Balance<br> as of June 30, 2024

All values are in US Dollars.

(c)	Realized<br> and unrealized gains and losses:

As of June 30, 2024, the portfolio of debt financial instruments includes an accumulated unrealized gain of Ch$6,098 million (unrealized gain of Ch$9,142 million as of December 31, 2023), recorded as an equity valuation adjustment.

Gross realized gains and losses on the sale of debt financial instruments, as of June 30, 2024 and 2023 are reported under “Net Financial income (expense)” (See Note No. 33).

The changes in realized gains and losses at the end of both periods are the following:

	June		June
	2024		2023
	MCh		MCh
Unrealized<br> gains (losses)
Realized losses<br> (gains) reclassified to income		)
Subtotal		)
Income tax<br> on other comprehensive income		)		)
Net<br> effect in equity		)

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivative<br> Financial Instruments for hedging purposes:

(a.1) As of June 30, 2024 and December 31, 2023, the Bank has the following asset portfolio of financial derivative instruments for accounting hedging purposes:

	Notional<br> amount of contract with final expiration date in
	Demand		Up<br> to 1 month		Over<br> 1 month <br>and up to 3 months		Over<br> 3 months<br> and up to 12 months		Over<br> 1 year and<br> up to 3 years		Over<br> 3 year <br>and up to 5 years		Over<br> 5 years		Total		Fair<br> value Assets
	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Derivatives<br> held for fair value hedges
Cash<br> flow hedge derivatives
Interest<br> rate swap and cross currency swap
Total

All values are in US Dollars.

(a.2) As of June 30, 2024 and December 31, 2023, the Bank has the following debt portfolio of financial derivative instruments for accounting hedging purposes:

	Notional<br> amount of contract with final expiration date in
	Demand		Up<br> to 1 month		Over<br> 1 month<br> and up to 3 months		Over<br> 3 months<br> and up to 12 months		Over<br> 1 year and<br> up to 3 years		Over<br> 3 year and<br> up to 5 years		Over<br> 5 years		Total		Fair<br> value Liabilities
	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Derivatives<br> held for fair value hedges
Cash<br> flow hedge derivatives
Interest<br> rate swap and cross currency swap
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivative Financial Instruments for hedging purposes, continued:

(b)	Fair value Hedges:

As of June 30, 2024 and December 31, 2023, no fair value hedges are held.

(c)	Cash flow Hedges:

(c.1)

The Bank uses cross currency swaps to hedge the risk from variability of cash flows attributable to changes in the interest rates and foreign exchange of foreign banks obligations and bonds issued abroad in US Dollars, Hong Kong dollars, Swiss Franc, Japanese Yens, Peruvian Sol, Australian Dollars, Euros, Norwegian kroner and Mexican peso. The cash flows of the cross currency swaps equal the cash flows of the hedged items, which modify uncertain cash flows to known cash flows derived from a fixed interest rate.

Additionally, these cross currency swap contracts used to hedge the risk from variability of the Unidad de Fomento (“CLF”) in assets flows denominated in CLF until a nominal amount equal to the portion notional of the hedging instrument CLF, whose readjustment impact the item “Interest Revenue” of the Income Financial Statements.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivative Financial Instruments for hedging purposes, continued:
(c)	Cash flow Hedges, continued:
---	---
(c.2)	Below<br> are the cash flows from bonds issued abroad objects of this hedge and the cash flows of the<br> asset part of the derivative instrument:
---	---
		Up<br> to 1 month				Over<br> 1 month <br> and up to 3 months				Over<br> 3 months<br> and up to 12 months				Over<br> 1 year<br> and up to 3 years				Over<br> 3 years <br> and up to 5 years				Over<br> 5 years				Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	December	June		December		June		December		June		December		June		December		June		December		June		December		June		December
	2023	2024		2023		2024		2023		2024		2023		2024		2023		2024		2023		2024		2023		2024		2023
	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Hedge<br> element
Outflows:
Corporate<br> Bond			)		)		)		)		)		)		)		)		)		)		)		)		)		)
Obligation											)		)		)		)										)		)
Hedge<br> instrument
Inflows:
Cross<br> Currency Swap
Net<br> cash flows

All values are in US Dollars.

(c.3)	Below<br> are the cash flows from underlying assets and the cash flows of the liability part of the<br> derivative instrument:
	Demand		Up<br> to 1 month				Over<br> 1 month<br> and up to 3 months				Over<br> 3 months <br>and up to 12 months				Over<br> 1 year<br> and up to 3 years				Over<br> 3 years <br>and up to 5 years				Over<br> 5 years				Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	June	December	June		December		June		December		June		December		June		December		June		December		June		December		June		December
	2024	2023	2024		2023		2024		2023		2024		2023		2024		2023		2024		2023		2024		2023		2024		2023
	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Hedge<br> element
Inflows:
Cash<br> flows in CLF
Hedge<br> instrument
Outflows:
Cross<br> Currency Swap				)		)		)		)		)		)		)		)		)		)		)		)		)		)
Net<br> cash flows

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivative Financial Instruments for hedging purposes, continued:
(c)	Cash flow Hedges, continued:
---	---

With respect to UF assets hedged; these are revalued monthly according to the variation of the UF, which is equivalent to monthly reinvest the assets until maturity of the relationship hedging.

(c.4)

The unrealized results generated during the period 2024 by those derivative contracts that conform the hedging instruments in this cash flow hedging strategy, have been recorded with credit to equity amounting to Ch$5,438 million (credit to equity of Ch$59,103 million in June 2023). The net effect of taxes credit to equity amounts to Ch$3,970 million (credit to equity of Ch$43,146 million during the period June 2023).

The accumulated balance for this concept as of June 30, 2024 corresponds to a credit in equity amounted to Ch$14,839 million (credit to equity of Ch$9,401 million as of December 2023).

(c.5)	The<br> effect of the cash flow hedging derivatives that offset the result of the hedged instruments<br> corresponds to a credit to income of Ch$46,713 million during the period 2024 (charge to<br> results for Ch$172,412 million during the period June 2023).
(c.6)	As<br> of June 30, 2024 and 2023, it not exist inefficiency in cash flow hedge, because both, hedge<br> item and hedge instruments, are mirrors of each other, it means that all variation of value<br> attributable to rate and revaluation components are netted totally.
---	---
(c.7)	As<br> of June 30, 2024 and 2023, the Bank does not have hedges of net investments in foreign business.
---	---
13.	Financial assets at amortized cost:
---	---

The item detail is as follows:

	June		December
	2024		2023
	MCh		MCh
Rights from resale agreements and securities lending
Debt financial instruments
Loans and advances to Banks
Loans to customers:
Commercial loans
Residential mortgage loans
Consumer loans
Provisions established for credit risk:
Commercial loans provisions		)		)
Mortgage loans provisions		)		)
Consumer loans provisions		)		)
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(a)	Rights<br> from resale agreements and securities lending:
---	---

The Bank provides financing to its customers through resale agreements and securities lending, in which the financial instrument serves as collateral. As of June 30, 2024 and December 31, 2023, the detail is as follows:

	June	December
	2024	2023
	MCh	MCh
Transaction<br> with domestic banks
Resale<br> agreements with other banks
Resale<br> agreements with the Central Bank of Chile
Rights<br> from securities lending
Transaction<br> with foreign banks
Resale<br> agreements with other banks
Resale<br> agreements with foreign Central Banks
Rights<br> from securities lending
Transaction<br> with other domestic entities
Resale<br> agreements
Rights<br> from securities lending
Transaction<br> with other foreign entities
Resale<br> agreements
Rights<br> from securities lending
Accumulated<br> Impairment Value of Financial Assets at Amortized Cost - Rights from resale agreements and securities lending
Financial<br> assets with no significant increase in credit risk since initial recognition (phase 1)
Financial<br> assets with a significant increase in credit risk since initial recognition, but without credit impairment (phase 2)
Financial<br> assets with credit impairment (phase 3)
Total

All values are in US Dollars.

The Bank and its subsidiaries have received financial instruments that they can sell or give as collateral in case the owner of these instruments enters into default or in bankruptcy. As of June 30, 2024, the fair value of the instruments received amounts to Ch$71,007 million (Ch$73,874 million in December 2023).

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(b)	Debt financial<br> instruments:
---	---

At the end of each period, the balances presented under this item are as follows:

	June		December
	2024		2023
	MCh		MCh
Instruments issued by the Chilean Government<br> and Central Bank of Chile
Debt financial<br> instruments from the Central Bank of Chile
Bonds and promissory<br> notes from the General Treasury of the Republic
Other fiscal debt financial<br> instruments
Other<br> Finacial Instruments issued in Chile
Debt financial instruments<br> from other domestic banks
Bonds and trade effects<br> from domestic companies
Other debt financial<br> instruments issued in the country
Financial<br> Instruments issued Abroad
Debt financial instruments<br> from foreign Central Banks
Debt<br> financial instruments from foreign governments and fiscal entities
Debt financial instruments<br> from other foreing banks
Bonds and trade effects<br> from foreign companies
Other debt financial<br> instruments issued abroad
Accumulated<br> Impairment Value of Financial Assets at Amortized Cost Debt Financial Instruments
Financial assets with<br> no significant increase in credit risk since initial recognition (phase 1)		)		)
Financial assets with<br> a significant increase in credit risk since initial recognition, but without credit impairment (phase 2)
Financial<br> assets with credit impairment (phase 3)
Total

All values are in US Dollars.

Under Instruments of the Government and the Central Bank of Chile, instruments are classified pledged as collateral as part of the FCIC program are included for an approximate amount of Ch$1,242,853 million as of June 30, 2024 (Ch$1,362,095 million as of December 31, 2023).

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(c)	Loans and<br> advances to Banks: At the end of each period, the balances presented under this item are<br> as follows:
---	---
	Assets before allowances
---	---	---	---	---	---	---	---	---	---	---	---	---
	Normal						Substandard
	Portfolio						Portfolio				Net
	Individual						Individual				Financial
As<br> of June 30, 2024	Evaluation						Evaluation				Asset
		MCh	MCh	MCh	MCh	MCh		MCh	MCh	MCh		MCh$
Domestic<br> Banks
Interbank loans<br> of liquidity		300,096	—	—	300,096	(155		—	—	(155		299,941
Interbank loans commercial		—	—	—	—	—		—	—	—		—
Current accounts overdrafts		—	—	—	—	—		—	—	—		—
Chilean exports foreign trade<br> loans		—	—	—	—	—		—	—	—		—
Chilean imports foreign trade<br> loans		—	—	—	—	—		—	—	—		—
Credits with third countries		—	—	—	—	—		—	—	—		—
Non-transferable deposits<br> in domestic banks		—	—	—	—	—		—	—	—		—
Other debts with domestic<br> banks		—	—	—	—	—		—	—	—		—
Foreign<br> Banks
Interbank loans of liquidity		—	—	—	—	—		—	—	—		—
Interbank loans commercial		247,368	—	—	247,368	(541		—	—	(541		246,827
Current accounts overdrafts		—	—	—	—	—		—	—	—		—
Chilean exports foreign trade<br> loans		147,277	—	—	147,277	(192		—	—	(192		147,085
Chilean imports foreign trade<br> loans		—	—	—	—	—		—	—	—		—
Credits with third countries		—	—	—	—	—		—	—	—		—
Current account deposits<br> with foreign banks for derivatives transactions		—	—	—	—	—		—	—	—		—
Other non-transferable deposits<br> with foreign banks		—	—	—	—	—		—	—	—		—
Other<br> debts with foreign banks		—	—	—	—	—		—	—	—		—
Subtotal<br> Domestic Bank and Foreign		694,741	—	—	694,741	(888		—	—	(888		693,853
Central<br> Bank of Chile
Current account deposits<br> for derivative transactions with a central counterparty		—	—	—	—	—		—	—	—		—
Other deposits not available		1,000,305	—	—	1,000,305	—		—	—	—		1,000,305
Other receivables		—	—	—	—	—		—	—	—		—
Foreign<br> Central Banks
Current account deposits<br> for derivatives transactions		—	—	—	—	—		—	—	—		—
Other deposits not available		—	—	—	—	—		—	—	—		—
Other<br> receivables		—	—	—	—	—		—	—	—		—
Subtotal<br> Central Bank of Chile and Foreign Central Banks		1,000,305	—	—	1,000,305	—		—	—	—		1,000,305
Total		1,695,046	—	—	1,695,046	(888		—	—	(888		1,694,158

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(c)	Loans<br> and advances to Banks, continued:
---	---
	Assets<br> before allowances				Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---
	Normal	Substandard	Non-Complying		Normal		Substandard	Non-Complying
	Portfolio	Portfolio	Portfolio		Portfolio		Portfolio	Portfolio			Net
	Individual	Individual	Individual		Individual		Individual	Individual			Financial
As of December 31,<br> 2023	Evaluation	Evaluation	Evaluation	Total	Evaluation		Evaluation	Evaluation	Total		Asset
	MCh	MCh	MCh	MCh	MCh		MCh	MCh	MCh		MCh
Domestic Banks
Interbank loans of liquidity
Interbank loans commercial
Current accounts overdrafts
Chilean exports foreign trade<br> loans
Chilean imports foreign trade<br> loans
Credits with third countries
Non-transferable deposits<br> in domestic banks
Other debts with foreign<br> banks
Foreign<br> Banks
Interbank loans of liquidity
Interbank loans<br> commercial						)				)
Current accounts overdrafts
Chilean exports foreign trade<br> loans						)				)
Chilean imports foreign trade<br> loans
Credits with third countries
Current account deposits<br> with foreign banks for derivatives transactions
Other non-transferable deposits<br> with foreign banks
Other<br> debts with foreign banks
Subtotal<br> Domestic Bank and Foreign						)				)
Central<br> Bank of Chile
Current account deposits<br> for derivative transactions with a central counterparty
Other deposits not available
Other receivables
Foreign<br> Central Banks
Current account deposits<br> for derivatives transactions
Other deposits not available
Other<br> receivables
Subtotal<br> Central Bank of Chile and Foreign Central Banks
Total						)				)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(d)	Loans to<br> Customers: At the end of each period, the balances presented under this item are as follows:
---	---
	Assets<br> before allowances						Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			Normal<br> Portfolio				Substandard<br> Portfolio		Non-Complying<br> Portfolio						Deductible<br> Warranties				Net
Loans to Customers	Evaluation		Evaluation	Evaluation			Evaluation				Evaluation		Evaluation				Sub		Fogape				Financial
As of June 30, 2024	Individual	Group	Individual	Individual	Group	Total	Individual		Group		Individual		Individual		Group		Total		Covid-19		Total		Asset
	MCh	MCh	MCh	MCh	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Commercial<br> loans
Commercial<br> loans								)		)		)		)		)		)		)		)
Chilean<br> exports foreign trade loans								)		)		)		)		)		)				)
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports								)										)				)
Chilean<br> imports foreign trade loans								)		)		)		)		)		)				)
Foreign<br> trade credits to third countries
Current<br> account debtors								)		)		)		)		)		)				)
Credit<br> card debtors								)		)		)		)		)		)				)
Factoring<br> transactions								)		)		)		)		)		)				)
Commercial<br> lease transactions (1)								)		)		)		)		)		)		)		)
Student<br> loans										)						)		)				)
Other<br> loans and accounts receivable								)		)		)		)		)		)				)
Subtotal								)		)		)		)		)		)		)		)
Residential<br> mortgage loans
Letters<br> of credit										)						)		)				)
Endorsable<br> mortgage loans										)						)		)				)
Loans<br> with mutual funds financed by mortgage bonds
Other<br> residential lending										)						)		)				)
Residential<br> lease transactions (1)
Other<br> loans and accounts receivable										)						)		)				)
Subtotal										)						)		)				)
Consumer<br> loans
Consumer<br> loans in installments										)						)		)				)
Current<br> account debtors										)						)		)				)
Credit<br> card debtors										)						)		)				)
Consumer<br> lease transactions (1)										)								)				)
Other<br> loans and accounts receivable										)						)		)				)
Subtotal										)						)		)				)
Total								)		)		)		)		)		)		)		)

All values are in US Dollars.

(1)	In<br> this item, the Bank finances its clients the acquisition of movable and immovable property<br> through financial lease agreements. As of June 30, 2024, Ch$956,521 million correspond to<br> finance leases on real estate assets and Ch$942,601 million correspond to finance leases<br> on movable property.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(d)	Loans<br> to Customers, continued:
---	---
	Assets<br> before allowances						Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			Normal<br> Portfolio				Substandard<br> Portfolio		Non-Complying<br> Portfolio						Deductible<br> Warranties				Net
Loans<br> to Customers	Evaluation		Evaluation	Evaluation			Evaluation				Evaluation		Evaluation				Sub		Fogape				Financial
As of December 31, 2023	Individual	Group	Individual	Individual	Group	Total	Individual		Group		Individual		Individual		Group		Total		Covid-19		Total		Asset
	MCh	MCh	MCh	MCh	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Commercial<br> loans
Commercial<br> loans								)		)		)		)		)		)		)		)
Chilean<br> exports foreign trade loans								)		)		)		)		)		)				)
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports								)										)				)
Chilean<br> imports foreign trade loans								)		)		)		)		)		)				)
Foreign<br> trade credits to third countries
Current<br> account debtors								)		)		)		)		)		)				)
Credit<br> card debtors								)		)		)		)		)		)				)
Factoring<br> transactions								)		)		)		)		)		)				)
Commercial<br> lease transactions (1)								)		)		)		)		)		)		)		)
Student<br> loans										)						)		)				)
Other<br> loans and accounts receivable								)		)		)		)		)		)				)
Subtotal								)		)		)		)		)		)		)		)
Residential<br> mortgage loans
Letters<br> of credit										)						)		)				)
Endorsable<br> mortgage loans										)						)		)				)
Loans<br> with mutual funds financed by mortgage bonds
Other<br> residential lending										)						)		)				)
Residential<br> lease transactions (1)
Other<br> loans and accounts receivable										)						)		)				)
Subtotal										)						)		)				)
Consumer<br> loans
Consumer<br> loans in installments										)						)		)				)
Current<br> account debtors										)						)		)				)
Credit<br> card debtors										)						)		)				)
Consumer<br> lease transactions (1)										)								)				)
Other<br> loans and accounts receivable										)						)		)				)
Subtotal										)						)		)				)
Total								)		)		)		)		)		)		)		)

All values are in US Dollars.

(1)	In<br> this item, the Bank finances its clients the acquisition of movable and immovable property<br> through financial lease agreements. As of December 31, 2023 Ch$921,451 million correspond<br> to finance leases on immovable property and Ch$899,995 million correspond to finance leases<br> on movable property.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(e)	Contingent<br> loan: At the close of each reporting period, the contingent credit risk exposure is as follows:
****	Outstanding exposure before provisions						Provisions<br> established						Net exposure
---	---	---	---	---	---	---	---	---	---	---	---	---	---
****	Normal Portfolio		Substandard Portfolio	Non-Complying Portfolio		****	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			for credit risk of
****	Evaluation		Evaluation	Evaluation		****	Evaluation		Evaluation	Evaluation			contingent
As of June 30, 2024	Individual	Group	Individual	Individual	Group	Total	Individual	Group	Individual	Individual	Group	Total	loans
****	MCh$	MCh$	MCh$	MCh$	MCh$	MCh$	MCh	MCh	MCh	MCh	MCh	MCh	MCh$
Warranty<br> by endorsement and sureties	332,118	281	566	—	—	332,965	(4,637	(5	(78	—	—	(4,720	328,245
Letters<br> of credit for goods circulation operations	487,878	1,120	122	—	—	489,120	(1,134	(4	(3	—	—	(1,141	487,979
Commitments<br> to purchase local currency debt abroad	—	—	—	—	—	—	—	—	—	—	—	—	—
Contingent<br> event transactions	2,741,305	56,869	43,110	17,090	486	2,858,860	(31,242	(581	(3,619	(5,970	(207	(41,619	2,817,241
Undrawn<br> credit lines with immediate termination	1,455,302	9,170,181	7,069	1,456	7,919	10,641,927	(2,830	(4,556	(99	(697	(3,816	(11,998	10,629,929
Undrawn<br> credit lines	—	—	—	—	—	—	—	—	—	—	—	—	—
Credits<br> for Higher Education Law No. 20,027 (CAE)	—	—	—	—	—	—	—	—	—	—	—	—	—
Other<br> irrevocable loan commitments	93,996	—	—	—	—	93,996	(3,387	—	—	—	—	(3,387	90,609
Other<br> contingent loans	—	—	—	—	—	—	—	—	—	—	—	—	—
Total	5,110,599	9,228,451	50,867	18,546	8,405	14,416,868	(43,230	(5,146	(3,799	(6,667	(4,023	(62,865	14,354,003

All values are in US Dollars.

****	Outstanding exposure before provisions						Provisions<br> established						Net exposure
****	Normal Portfolio		Substandard Portfolio	Non-Complying Portfolio		****	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			for credit risk of
****	Evaluation		Evaluation	Evaluation		****	Evaluation		Evaluation	Evaluation			contingent
As of December 31, 2024	Individual	Group	Individual	Individual	Group	Total	Individual	Group	Individual	Individual	Group	Total	loans
****	MCh$	MCh$	MCh$	MCh$	MCh$	MCh$	MCh	MCh	MCh	MCh	MCh	MCh	MCh$
Warranty<br> by endorsement and sureties	350,420	586	525	—	—	351,531	(4,511	(9	(73	—	—	(4,593	346,938
Letters<br> of credit for goods circulation operations	350,122	482	—	—	—	350,604	(863	(2	—	—	—	(865	349,739
Commitments<br> to purchase local currency debt abroad	—	—	—	—	—	—	—	—	—	—	—	—	—
Contingent<br> event transactions	2,524,034	52,140	45,876	17,885	362	2,640,297	(29,397	(525	(3,887	(5,545	(110	(39,464	2,600,833
Undrawn<br> credit lines with immediate termination	1,446,599	8,623,438	5,224	976	8,221	10,084,458	(2,736	(4,431	(57	(557	(4,009	(11,790	10,072,668
Undrawn<br> credit lines	—	—	—	—	—	—	—	—	—	—	—	—	—
Credits<br> for Higher Education Law No. 20,027 (CAE)	—	—	—	—	—	—	—	—	—	—	—	—	—
Other<br> irrevocable loan commitments	120,545	—	—	—	—	120,545	(4,515	—	—	—	—	(4,515	116,030
Other<br> contingent loans	—	—	—	—	—	—	—	—	—	—	—	—	—
Total	4,791,720	8,676,646	51,625	18,861	8,583	13,547,435	(42,022	(4,967	(4,017	(6,102	(4,119	(61,227	13,486,208

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Provisions:

Summary of changes in due from banks provisions constituted by credit risk portfolio in the period:

	Changes<br> in provisions constituted by portfolio in the period
	Individual<br> Evaluation
	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio	Total
	MCh		MCh	MCh	MCh
Loans<br> and advances to Banks
Balance<br> as of January 1, 2024
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the period
Change<br> in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer<br> from Normal individual to Substandard
Transfer<br> from Normal individual to Non-Complying individual
Transfer<br> from Substandard to Non-Complying individual
Transfer<br> from Substandard to Normal individual
Transfer<br> from Non-Complying individual to Substandard
Transfer<br> from Non-Complying individual to Normal individual
New<br> assets originated
New<br> credits for conversion of contingent to loan
New<br> assets purchased
Sales<br> or transfers of credits
Payment of credit		)				)
Provisions<br> for write-offs
Recovery<br> of written-off loans
Foreign<br> exchange differences
Other<br> changes in allowances
Balance<br> as of June 30, 2024

All values are in US Dollars.

****	Changes<br> in provisions constituted by portfolio in the year					****
****	Individual<br> Evaluation					****
****	Normal<br> Portfolio	****	Substandard<br> Portfolio	Non-Complying<br> Portfolio	Total	****
****	MCh	****	MCh	MCh	MCh	****
Loans<br> and advances to Banks
Balance<br> as of January 1, 2023
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year		)				)
Change<br> in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer<br> from Normal individual to Substandard
Transfer<br> from Normal individual to Non-Complying individual
Transfer<br> from Substandard to Non-Complying individual
Transfer<br> from Substandard to Normal individual
Transfer<br> from Non-Complying individual to Substandard
Transfer<br> from Non-Complying individual to Normal individual
New<br> assets originated
New<br> credits for conversion of contingent to loan
New<br> assets purchased
Sales<br> or transfers of credits
Payment of credit		)				)
Provisions<br> for write-offs
Recovery<br> of written-off loans
Foreign<br> exchange differences
Other<br> changes in allowances
Balance<br> as of December 31, 2023

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Provisions,<br> continued:

Summary of changes in commercial loan provisions constituted by credit risk portfolio in the period:

****	Changes<br> in provisions constituted by portfolio in the period
****	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			Deductible<br> Warranties
****	Evaluation		Evaluation	Evaluation			FOGAPE
****	Individual	Grupal	Individual	Individual	Grupal	Sub<br> total	Covid-19	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Commercial loans
Balance<br> as of January 1, 2024	148,685	36,590	9,317	74,645	87,837	357,074	9,131	366,205
Provisions<br> established/ released:
Change<br> in measurement without portfolio reclassification during the period	8,652	12,039	1,078	13,109	4,893	39,771	—	39,771
Change<br> in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer<br> from Normal individual to Substandard	(1,746	—	3,064	—	—	1,318	—	1,318
Transfer<br> from Normal individual to Non-Complying individual	(72	—	—	300	—	228	—	228
Transfer<br> from Substandard to Non-Complying individual	—	—	(5,197	11,372	—	6,175	—	6,175
Transfer<br> from Substandard to Normal individual	163	—	(240	—	—	(77	—	(77
Transfer<br> from Non-Complying individual to Substandard	—	—	52	(203	—	(151	—	(151
Transfer<br> from Non-Complying individual to Normal individual	—	—	—	(23	—	(23	—	(23
Transfer<br> from Normal group to Non-Complying group	—	(8,488	—	—	23,100	14,612	—	14,612
Transfer<br> from Non-Complying group to Normal group	—	363	—	—	(5,314	(4,951	—	(4,951
Transfer<br> from Individual (normal, substandard, non-complying) to Group (normal, non-complying)	—	—	—	—	—	—	—	—
Transfer<br> from Group (normal, non-complying) to Individual (normal, substandard, non-complying)	387	(427	98	139	(111	86	—	86
New<br> assets originated	111,336	12,120	3,014	4,417	8,518	139,405	—	139,405
New<br> credits for conversion of contingent to loan	7,525	4,311	599	1,125	553	14,113	—	14,113
New<br> assets purchased	—	—	—	—	—	—	—	—
Sales<br> or transfers of credits	(47	(163	—	(19	—	(229	—	(229
Payment<br> of credit	(119,571	(19,883	(6,182	(12,745	(13,488	(171,869	—	(171,869
Provisions<br> for write-offs	—	—	—	(11,473	(9,897	(21,370	—	(21,370
Recovery<br> of written-off loans	—	24	—	—	—	24	—	24
Changes<br> to models and assumptions	—	—	—	—	—	—	—	—
Foreign<br> exchange differences	4,145	96	107	1,393	120	5,861	—	5,861
Other<br> changes in allowances	—	—	—	—	—	—	(4,836	(4,836
Balance<br> as of June 30, 2024	159,457	36,582	5,710	82,037	96,211	379,997	4,295	384,292

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Provisions,<br> continued:
****	Changes<br> in provisions constituted by portfolio in the year
---	---	---	---	---	---	---	---	---
****	Normal<br> Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			Deductible<br> Warranties
****	Evaluation		Evaluation	Evaluation			FOGAPE
****	Individual	Group	Individual	Individual	Group	Sub<br> total	Covid-19	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Commercial loans
Balance<br> as of January 1, 2023	152,467	42,021	20,797	75,935	90,237	381,457	32,743	414,200
Provisions<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year	(32,144	(540	(1,511	19,717	31,937	17,459	—	17,459
Change<br> in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer<br> from Normal individual to Substandard	(2,845	—	4,966	—	—	2,121	—	2,121
Transfer<br> from Normal individual to Non-Complying individual	(80	—	—	1,191	—	1,111	—	1,111
Transfer<br> from Substandard to Non-Complying individual	—	—	(4,560	16,310	—	11,750	—	11,750
Transfer<br> from Substandard to Normal individual	903	—	(12,685	—	—	(11,782	—	(11,782
Transfer<br> from Non-Complying individual to Substandard	—	—	166	(557	—	(391	—	(391
Transfer<br> from Non-Complying individual to Normal individual	—	—	—	(17	—	(17	—	(17
Transfer<br> from Normal group to Non-Complying group	—	(16,099	—	—	41,808	25,709	—	25,709
Transfer<br> from Non-Complying group to Normal group	—	676	—	—	(10,938	(10,262	—	(10,262
Transfer<br> from Individual (normal, substandard, non-complying) to Group (normal, non-complying)	—	—	—	—	—	—	—	—
Transfer<br> from Group (normal, non-complying) to Individual (normal, substandard, non-complying)	847	(839	84	66	(143	15	—	15
New<br> assets originated	200,453	21,387	6,361	8,712	14,659	251,572	—	251,572
New<br> credits for conversion of contingent to loan	13,510	8,387	967	1,292	839	24,995	—	24,995
New<br> assets purchased	—	—	—	—	—	—	—	—
Sales<br> or transfers of credits	—	—	—	(342	—	(342	—	(342
Payment<br> of credit	(186,161	(18,537	(5,352	(29,647	(45,435	(285,132	—	(285,132
Provisions<br> for write-offs	—	—	—	(18,451	(35,184	(53,635	—	(53,635
Recovery<br> of written-off loans	—	89	—	—	—	89	—	89
Changes<br> to models and assumptions	—	—	—	—	—	—	—	—
Foreign<br> exchange differences	1,735	45	84	436	57	2,357	—	2,357
Other<br> changes in allowances	—	—	—	—	—	—	(23,612	(23,612
Balance<br> as of December 31, 2023	148,685	36,590	9,317	74,645	87,837	357,074	9,131	366,205

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Provisions,<br> continued:

Summary of changes in residential mortgage loan provisions constituted by credit risk portfolio in the period:

	Changes<br> in provisions constituted by portfolio in the period
	Group<br> Evaluation
	Normal<br><br> Portfolio		Non-Complying<br><br> Portfolio		Total
		MCh		MCh		MCh
Residential mortgage loans
Balance<br> as of January 1, 2024		16,188		17,818		34,006
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the period		1,070		858		1,928
Change<br> in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer<br> from Normal group to Non-Complying group		(2,036		4,573		2,537
Transfer<br> from Non-Complying group to Normal group		220		(844		(624
New<br> assets originated		729		110		839
New<br> assets purchased		—		—		—
Sales<br> or transfers of credits		—		—		—
Payment of credit		(568		(2,060		(2,628
Provisions<br> for write-offs		—		(185		(185
Recovery<br> of written-off loans		—		—		—
Changes<br> to models and assumptions		—		—		—
Foreign<br> exchange differences		—		—		—
Other<br> changes in allowances		—		—		—
Balance<br> as of June 30, 2024		15,603		20,270		35,873

All values are in US Dollars.

****	Changes in provisions constituted by portfolio in the year
****	Group Evaluation				****
****	Normal Portfolio		Non-Complying Portfolio		Total
	****	MCh	****	MCh	****	MCh
Residential mortgage loans
Balance<br> as of January 1, 2023		15,154		14,149		29,303
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year		4,191		884		5,075
Change<br> in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer<br> from Normal group to Non-Complying group		(4,050		8,494		4,444
Transfer<br> from Non-Complying group to Normal group		315		(1,901		(1,586
New<br> assets originated		1,947		90		2,037
New<br> assets purchased		—		—		—
Sales<br> or transfers of credits		—		—		—
Payment of credit		(1,369		(2,889		(4,258
Provisions<br> for write-offs		—		(1,009		(1,009
Recovery<br> of written-off loans		—		—		—
Changes<br> to models and assumptions		—		—		—
Foreign<br> exchange differences		—		—		—
Other<br> changes in allowances		—		—		—
Balance<br> as of December 31, 2023		16,188		17,818		34,006

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Provisions,<br> continued:

Summary of changes in consumer loan provisions constituted by credit risk portfolio in the period:

	Changes in provisions constituted by portfolio in the period
	Group Evaluation
	Normal Portfolio		Non-Complying Portfolio		Total
	MCh		MCh		MCh
Consumer loans
Balance as of January 1, 2024
Allowances established/ released:
Change in measurement without portfolio reclassification during the period
Change in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer from Normal group to Non-Complying group		)
Transfer from Non-Complying group to Normal group				)		)
New assets originated
New credits for conversion of contingent to loan
New assets purchased
Sales or transfers of credits
Payment of credit		)		)		)
Provisions for write-offs		)		)		)
Recovery of written-off loans
Changes to models and assumptions
Foreign exchange differences
Other changes in allowances
Balance as of June 30, 2024

All values are in US Dollars.

	Changes<br> in provisions constituted by portfolio in the year
	Group<br> Evaluation
****	****	Normal<br> Portfolio	Non-Complying<br> Portfolio	Total
		MCh	MCh	MCh
Consumer loans
Balance<br> as of January 1, 2023		200,043	134,846	334,889
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year		16,274	187,408	203,682
Change<br> in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer<br> from Normal group to Non-Complying group		(136,022	178,062	42,040
Transfer<br> from Non-Complying group to Normal group		10,646	(33,033	(22,387
New<br> assets originated		126,858	92,820	219,678
New<br> credits for conversion of contingent to loan		81,701	3,970	85,671
New<br> assets purchased		—	—	—
Sales<br> or transfers of credits		—	—	—
Payment of credit		(86,983	(209,362	(296,345
Provisions<br> for write-offs		—	(200,849	(200,849
Recovery<br> of written-off loans		2,345	—	2,345
Changes<br> to models and assumptions		—	—	—
Foreign<br> exchange differences		11	22	33
Other<br> changes in allowances		—	—	—
Balance<br> as of December 31, 2023		214,873	153,884	368,757

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(f)	Provisions,<br> continued:
---	---

Summary of changes in contingent credit risk provisions constituted by credit risk portfolio in the period:

****	Changes<br> in provisions constituted by portfolio in the period											****
****	Normal Portfolio			****	Substandard<br> Portfolio	****	Non-Complying<br>Portfolio			****		****
****	Evaluation			****	Evaluation	****	Evaluation			****		****
****	Individual	****	Group	****	Individual	****	Individual	****	Group	****	Total	****
	MCh	****	MCh	****	MCh	****	MCh	****	MCh	****	MCh	****
Contingent loan exposure ****		****		****		****		****		****		****
Balance<br> as of January 1, 2024
Provisions<br> established/ released:
Change<br> in measurement without portfolio reclassification during the period
Change<br> in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer<br> from Normal individual to Substandard		)
Transfer<br> from Normal individual to Non-Complying individual		)
Transfer<br> from Substandard to Non-Complying individual						)
Transfer<br> from Substandard to Normal individual						)						)
Transfer<br> from Non-Complying individual to Substandard								)				)
Transfer<br> from Non-Complying individual to Normal individual
Transfer<br> from Normal group to Non-Complying group				)
Transfer<br> from Non-Complying group to Normal group				)						)		)
Transfer<br> from Individual (normal, substandard, non-complying) to Group (normal, non-complying )
Transfer<br> from Group (normal, non-complying) to Individual (normal, substandard, non-complying)				)
New<br> contingent loan granted
Contingent<br> credits for conversion		)		)		)		)		)		)
Changes<br> to models and assumptions
Foreign<br> exchange differences
Other<br> changes in provisions		)		)		)		)		)		)
Balance<br> as of June 30, 2024

All values are in US Dollars.

****	Changes<br> in provisions constituted by portfolio in the year											****
****	Normal Portfolio			****	Substandard<br> Portfolio	****	Non-Complying<br>Portfolio			****		****
****	Evaluation			****	Evaluation	****	Evaluation			****		****
****	Individual	****	Group	****	Individual	****	Individual	****	Group	****	Total	****
	MCh	****	MCh	****	MCh	****	MCh	****	MCh	****	MCh	****
Contingentloan exposure		****		****		****		****		****		****
Balance<br> as of January 1, 2023
Provisions<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year		)		)		)		)		)		)
Change<br> in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer<br> from Normal individual to Substandard		)
Transfer<br> from Normal individual to Non-Complying individual		)
Transfer<br> from Substandard to Non-Complying individual						)
Transfer<br> from Substandard to Normal individual						)						)
Transfer<br> from Non-Complying individual to Substandard								)				)
Transfer<br> from Non-Complying individual to Normal individual								)				)
Transfer<br> from Normal group to Non-Complying group				)
Transfer<br> from Non-Complying group to Normal group										)		)
Transfer<br> from Individual (normal, substandard, non-complying) to Group (normal, non-complying )
Transfer<br> from Group (normal, non-complying) to Individual (normal, substandard, non-complying)				)						)
New<br> contingent loan granted
Contingent<br> credits for conversion		)		)		)		)		)		)
Changes<br> to models and assumptions
Foreign<br> exchange differences						)
Other<br> changes in provisions		)		)		)		)		)		)
Balance<br> as of December 31, 2023

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

In addition to these provisions for credit risk, country risk provisions are maintained to cover foreign operations and additional provisions agreed by the Board of Directors, which are presented in liabilities under the item Special provisions for credit risk (See Note No. 26).

Other disclosures:

As of December 31, 2023, under the Commercial Loans item, operations are maintained that guarantee obligations maintained with the Central Bank of Chile as part of the Loan Increase Conditional Credit Facility (FCIC by its Spanish initials) program for an approximate amount of Ch$2,573,423 million. There are no guarantee loans as of June 30, 2024.

g)	Industry sector:

At the closing of each reporting period, the composition of economic activity for loans, contingent loans exposure and provisions constituted are as follows:

	Credit and Contingent loans Exposure						Allowances Established
	Domestic loans		Foreign loans		Total	Total	Domestic loans				Foreign loans				Total		Total
	June	December	June	December	June	December	June		December		June		December		June		December
	2024	2023	2024	2023	2024	2023	2024		2023		2024		2023		2024		2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh
Loans and advances to Banks								)				)		)		)		)
Commercial loans
Agriculture and livestock								)		)						)		)
Fruit								)		)						)		)
Forestry								)		)						)		)
Fishing								)		)						)		)
Mining								)		)						)		)
Oil and natural gas								)		)						)		)
Product manufacturing industries;
Foods, beverages and tobacco								)		)						)		)
Textiles, leather goods and footwear								)		)						)		)
Woods and furnitures								)		)						)		)
Cellulose, Paper and printing								)		)						)		)
Chemicals and petroleum products								)		)						)		)
Metal, non-metal, machine or others								)		)						)		)
Electricity, gas and water								)		)		)		)		)		)
Residential construction								)		)						)		)
Non-residential construction (office, civil engineering)								)		)						)		)
Wholesale								)		)						)		)
Retail, restaurants and hotels								)		)						)		)
Transport and storage								)		)						)		)
Communications								)		)						)		)
Financial services								)		)						)		)
Business services								)		)						)		)
Real estate services								)		)		)		)		)		)
Student loans								)		)						)		)
Government administration, defence and police force								)		)						)		)
Social services and other community services								)		)						)		)
Personal services								)		)						)		)
Subtotal								)		)		)		)		)		)
Residential mortgage loans								)		)						)		)
Consumer loans								)		)						)		)
Contingent loan exposure								)		)						)		)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(h)	Residential mortgage loans and its provisions established by insolvent tranche of the loan on the value of the mortgage guarantee<br>(PVG) and days of default respectively:

As of June 30, 2024

****	Residential<br> mortgage loans (MCh)											Allowances<br> established of Residential mortgage loans (MCh)																****
	Days in<br> default at the end of the period											Days in<br> default at the end of the period																****
Loan Tranche / Guarantee Value (%)	0	1 to 29		30 to 59		60 to 89		> = 90		Total		0	****	1 to 29		****	30 to 59		****	60 to 89		****	> = 90		****	Total		****
PVG <=40%			32,048		12,975		6,188		13,828		1,869,147		)		(411	)		(348	)		(226	)		(765	)		(2,989	)
40% < PVG <= 80%			236,528		99,144		40,966		127,262		9,843,499		)		(4,022	)		(3,013	)		(1,565	)		(7,515	)		(26,070	)
80% < PVG <= 90%			12,221		3,867		3,267		9,748		596,582		)		(424	)		(275	)		(343	)		(1,652	)		(4,225	)
PVG > 90%			1,724		1,306		849		4,204		382,277		)		(47	)		(123	)		(119	)		(978	)		(2,589	)
Total			282,521		117,292		51,270		155,042		12,691,505		)		(4,904	)		(3,759	)		(2,253	)		(10,910	)		(35,873	)

All values are in US Dollars.

As of December 31, 2023

****	Residential<br> mortgage loans (MCh)											Allowances<br> established of Residential mortgage loans (MCh)																****
	Days in<br> default at the end of the year											Days in<br> default at the end of the year																****
Loan Tranche / Guarantee Value (%)	0	1 to 29		30 to 59		60 to 89		> = 90		Total		0	****	1 to 29		****	30 to 59		****	60 to 89		****	> = 90		****	Total		****
PVG <=40%			24,754		10,259		5,119		12,398		1,734,460		)		(341	)		(289	)		(179	)		(688	)		(2,762	)
40% < PVG <= 80%			198,906		85,417		38,587		106,142		9,524,137		)		(3,541	)		(2,619	)		(1,491	)		(6,235	)		(24,278	)
80% < PVG <= 90%			12,757		5,103		3,610		8,395		534,652		)		(477	)		(430	)		(379	)		(1,423	)		(4,371	)
PVG > 90%			2,272		1,231		454		4,296		509,905		)		(82	)		(67	)		(20	)		(936	)		(2,595	)
Total			238,689		102,010		47,770		131,231		12,303,154		)		(4,441	)		(3,405	)		(2,069	)		(9,282	)		(34,006	)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(i)	Loans and advances to Banks and Commercial loans and their allowances established by classification category:
---	---

Below is the concentration of loans and advances to banks and commercial loans and their provisions constituted by classification category:

	Individual																																								Group								Provisions<br> of deductible warranties
As of	Normal<br> Portfolio													****	Substandard<br> Portfolio									****	Non-Complying<br> Portfolio													****		****	Portfolio	****	Portfolio	****		****		****	Fogape
June 30, 2024	A1	****	A2	****	A3	****	A4	****	A5	****	A6	****	Subtotal	****	B1	****	B2	****	B3	****	B4	****	Subtotal	****	C1	****	C2	****	C3	****	C4	****	C5	****	C6	****	Subtotal	****	Total	****	Normal	****	Non-Complying	****	Total	****	Total	****	Covid 19
	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Loans<br> and advances to Banks
Interbank<br> loans for liquidity
Interbank<br> commercial loans
Current<br> accounts overdrafts
Chilean<br> exports foreign trade loans
Chilean<br> imports foreign trade loans
Foreign<br> trade loans between third countries
Current<br> account deposits in foreign banks for derivative operations
Other<br> non-transferable deposits in banks
Other<br> debts with banks
Subtotal
Allowances<br> established
%<br> Allowances established		%		%		%		%						%																										%								%
Commercial<br> loans
Commercial<br> loans
Chilean<br> exports foreign trade loans
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports
Chilean<br> imports foreign trade loans
Foreign<br> trade credits to third countries
Current<br> account debtors
Credit<br> card debtors
Factoring<br> transactions
Commercial<br> lease transactions
Student<br> loans
Other<br> loans and accounts receivable
Subtotal
Allowances<br> established
%<br> Allowances established		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(i)	Loans and advances to Banks and Commercial loans and their allowances established by classification category, continued:
---	---
	Individual																																								Group								Provisions<br> of deductible warranties
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
As of	Normal<br> Portfolio													****	Substandard<br> Portfolio									****	Non-Complying<br> Portfolio													****		****	Portfolio	****	Portfolio	****		****		****	Fogape
December<br> 31, 2023	A1	****	A2	****	A3	****	A4	****	A5	****	A6	****	Subtotal	****	B1	****	B2	****	B3	****	B4	****	Subtotal	****	C1	****	C2	****	C3	****	C4	****	C5	****	C6	****	Subtotal	****	Total	****	Normal	****	Non-Complying	****	Total	****	Total	****	Covid<br> 19
	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Loans<br> and advances to Banks
Interbank<br> loans for liquidity
Interbank<br> commercial loans
Current<br> accounts overdrafts
Chilean<br> exports foreign trade loans
Chilean<br> imports foreign trade loans
Foreign<br> trade loans between third countries
Current<br> account deposits in foreign banks for derivative operations
Other<br> non-transferable deposits in banks
Other<br> debts with banks
Subtotal
Allowances<br> established
%<br> Allowances established		%		%		%		%				%		%																										%								%
Commercial<br> loans
Commercial<br> loans
Chilean<br> exports foreign trade loans
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports
Chilean<br> imports foreign trade loans
Foreign<br> trade credits to third countries
Current<br> account debtors
Credit<br> card debtors
Factoring<br> transactions
Commercial<br> lease transactions
Student<br> loans
Other<br> loans and accounts receivable
Subtotal
Allowances<br> established
%<br> Allowances established		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%		%

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(j)	Loans and their provisions for loan losses by tranches of days past-due:
---	---

The concentration of credit risk by days past due is as follows;

	Financial<br> assets before allowances						Allowances<br> established
	Normal Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			Normal Portfolio				Substandard<br> Portfolio		Non-Complying<br> Portfolio						Deductible<br> Warranties				Net
	Evaluation		Evaluation	Evaluation		Sub	Evaluation				Evaluation		Evaluation				Sub		FOGAPE				Financial
As of June 30, 2024	Individual	Group	Individual	Individual	Group	Total	Individual	****	Group	****	Individual	****	Individual	****	Group	****	Total	****	Covid-19	****	Total	****	Assets
	MCh	MCh	MCh	MCh	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Loans<br> and advances to Banks
0<br> days								)										)				)
1<br> to 29 days								)										)				)
30<br> to 59 days
60<br> to 89 days
> =<br> 90 days
Subtotal								)										)				)
Commercial<br> loans
0<br> days								)		)		)		)		)		)		)		)
1<br> to 29 days								)		)		)		)		)		)		)		)
30<br> to 59 days								)		)		)		)		)		)		)		)
60<br> to 89 days										)		)		)		)		)		)		)
> =<br> 90 days														)		)		)		)		)
Subtotal								)		)		)		)		)		)		)		)
Residential<br> mortgage loans
0<br> days										)						)		)				)
1<br> to 29 days										)						)		)				)
30<br> to 59 days										)						)		)				)
60<br> to 89 days										)						)		)				)
> =<br> 90 days																)		)				)
Subtotal										)						)		)				)
Consumer<br> loans
0<br> days										)						)		)				)
1<br> to 29 days										)						)		)				)
30<br> to 59 days										)						)		)				)
60<br> a 89 days										)						)		)				)
> =<br> 90 days																)		)				)
Subtotal										)						)		)				)
Total<br> Loans								)		)		)		)		)		)		)		)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(j)	Loans and their provisions for loan losses by number of days past-due, continued:
---	---
	Financial<br> assets before allowances						Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Normal Portfolio		Substandard<br> Portfolio	Non-Complying<br> Portfolio			Normal Portfolio				Substandard<br> Portfolio		Non-Complying<br> Portfolio						Deductible<br> Warranties				Net
	Evaluation		Evaluation	Evaluation		Sub	Evaluation				Evaluation		Evaluation				Sub		FOGAPE				Financial
As of December 31, 2023	Individual	Group	Individual	Individual	Group	Total	Individual	****	Group	****	Individual	****	Individual	****	Group	****	Total	****	Covid-19	****	Total	****	Assets
	MCh	MCh	MCh	MCh	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Loans and advances to Banks
0 days								)										)				)
1 to 29 days								)										)				)
30 to 59<br> days
60 to 89<br> days
> =<br> 90 days
Subtotal								)										)				)
Commercial<br> loans
0 days								)		)		)		)		)		)		)		)
1 to 29 days								)		)		)		)		)		)		)		)
30 to 59<br> days								)		)		)		)		)		)		)		)
60 to 89<br> days								)		)		)		)		)		)		)		)
> =<br> 90 days														)		)		)		)		)
Subtotal								)		)		)		)		)		)		)		)
Residential<br> mortgage loans
0 days										)						)		)				)
1 to 29 days										)						)		)				)
30 to 59<br> days										)						)		)				)
60 to 89<br> days										)						)		)				)
> =<br> 90 days																)		)				)
Subtotal										)						)		)				)
Consumer<br> loans
0 days										)						)		)				)
1 to 29 days										)						)		)				)
30 to 59<br> days										)						)		)				)
60 a 89 days										)						)		)				)
> =<br> 90 days																)		)				)
Subtotal										)						)		)				)
Total<br> Loans								)		)		)		)		)		)		)		)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(k)	Finance lease contracts:

The cash flows to be received by the Bank from finance lease contracts have the following maturities:

	Total receivable		Deferred interest		Net balance receivable (*)
	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023
	MCh$	MCh$	MCh	MCh	MCh$	MCh$
Within one year	639,881	610,657	(95,451	(88,444	544,430	522,213
From 1 to 2 years	477,109	453,713	(66,894	(63,079	410,215	390,634
From 2 to 3 years	315,437	301,560	(41,604	(38,839	273,833	262,721
From 3 to 4 years	207,844	199,376	(27,140	(25,018	180,704	174,358
From 4 to 5 years	140,124	133,011	(19,047	(17,248	121,077	115,763
After 5 years	394,241	383,050	(40,840	(36,064	353,401	346,986
Total	2,174,636	2,081,367	(290,976	(268,692	1,883,660	1,812,675

All values are in US Dollars.

(*)	The net balance receivable does not include past-due portfolio<br>totaling Ch$15,462 million as of June 30, 2024 (Ch$8,771 million in December 2023).

The Bank maintains financial lease operations associated with movable assets, vehicles, industrial machinery, transportation equipment and real estate. These leases contracts have an average term between 2 and 10 years.

(l)	Purchase of loan portfolio:

During the period ended as of June 30, 2024 and the year 2023 no portfolio purchases were made.

(m)	Sale or transfer of loans from the loan portfolio:

During the period 2024 and 2023, the following sale were made:

	June 2024
	Carrying amount	Allowances		Sale price	Effect on income (loss) gain
	MM	MM		MM	MM
Sale of current loans			)
Sale of written – off loans
Total			)

All values are in US Dollars.

	June 2023
	Carrying amount	Allowances	Sale price	Effect on income (loss) gain
	MM	MM	MM	MM
Sale of current loans
Sale of written – off loans
Total

All values are in US Dollars.

(n)	Securitization of own assets:

During the period 2024 and the year 2023, there is no securitization transactions executed involving its own assets.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

14.	Investments in other companies:
(a)	In the item “Investments in other companies” include investments of Ch$75,907 million as of<br>June 30, 2024 (Ch$76,994 million as of December 31, 2023), as follows:
---	---
		% Ownership Interest				Assets
---	---	---	---	---	---	---	---
		June		December		June	December
Company	Shareholder	2024		2023		2024	2023
		%		%		MCh	MCh
Associates
Transbank S.A.	Banco de Chile		26.16		26.16
Centro de Compensación Automatizado S.A.	Banco de Chile		33.33		33.33
Redbanc S.A.	Banco de Chile		38.13		38.13
Administrador Financiero de Transantiago S.A. ^(4)^	Banco de Chile		20.00		20.00
Sociedad Interbancaria de Depósitos de Valores S.A.	Banco de Chile		26.81		26.81
Servicios de Infraestructura de Mercado OTC S.A.	Banco de Chile		12.33		12.33
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Banco de Chile		15.00		15.00
Subtotal Associates
Joint Ventures
Servipag Ltda.	Banco de Chile		50.00		50.00
Artikos Chile S.A.	Banco de Chile		50.00		50.00
Subtotal Joint Ventures
Subtotal
Minority Investments
Holding Bursátil Regional S.A. ^(1) (2) (3)^	Banchile Corredores de Bolsa
Banco Latinoamericano de Comercio Exterior S.A. (Bladex) ^(2)^	Banco de Chile
Bolsa Electrónica de Chile, Bolsa de Valores ^(2)^	Banchile Corredores de Bolsa
Sociedad de Telecomunicaciones Financieras Interbancarias Mundiales (Swift)	Banco de Chile
CCLV Contraparte Central S.A.	Banchile Corredores de Bolsa
Subtotal Minority Investments
Total

All values are in US Dollars.

(1)	On November 14, 2023, the merger with Sociedad de Infraestructuras<br>de Mercado S.A. (“SIM”) was materialized, being Holding Bursátil Regional S.A. the successor of all its rights and<br>obligations. Additionally, on the same date, a capital increase of the company was carried out, through the contribution of 3,000,000<br>shares issued by the Santiago Stock Exchange, Stock Market.
(2)	Investments in shares have been irrevocably designated as at<br>fair value through other comprehensive income and, therefore, are recorded at market value in accordance with IFRS 9.
---	---
(3)	On May 3, 2024, the subsidiary Banchile Corredora de Bolsa sold<br>546,278 shares of the entity. The fair value of the shares sold and the accumulated gain at the moment of disposal were Ch$2,294 and<br>Ch$1,899 million, respectively. The result obtained has been recorded as a credit in equity accounts.
---	---
(4)	On July 18, 2024, the company reported the agreement to reduce<br>its share capital for an amount equivalent to Ch$9,810 million.
---	---
(b)	The change of investments in companies registered under the equity method in the period of 2024 and 2023,<br>are as follows:
---	---
	June		June
---	---	---	---	---
	2024		2023
	MCh		MCh
Balance as of January 1,
Acquisition of investments in companies
Participation on income in companies with significant influence and joint control
Dividends received		)		)
Others		)
Total

All values are in US Dollars.

(c)	During the period ended as of June 30, 2024 and 2023 no impairment has incurred in these investments.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

14.	Investments in other companies, continued:
(d)	Summarized Financial Information of Associates and Joint Ventures
---	---
	Associates														Joint Ventures
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
June 2024	Centro de Compensación Automatizado S.A.		Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.		Sociedad Interbancaria de Depósito de Valores S.A.		Redbanc S.A.		Transbank S.A.		Administrador Financiero de Transantiago S.A.		Servicios de Infraestructura de Mercado OTC S.A.		Artikos Chile S.A.		Servipag S.A.
	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Current assets
Non-current assets
Total Assets
Current liabilities
Non-current liabilities
Total Liabilities
Equity
Minority interest
Total Liabilities and Equity
Operating income
Operating expenses		)		)		)		)		)		)		)		)		)
Other expenses or income										)
Gain (loss) before tax
Income tax		)						)		)		)		)		)		)
Gain for the year

All values are in US Dollars.

	Associates														Joint Ventures
December 2023	Centro de Compensación Automatizado S.A.		Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.		Sociedad Interbancaria de Depósito de Valores S.A.		Redbanc S.A.		Transbank S.A.		Administrador Financiero de Transantiago S.A.		Servicios de Infraestructura de Mercado OTC S.A.		Artikos Chile S.A.		Servipag S.A.
	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Current assets
Non-current assets
Total Assets
Current liabilities
Non-current liabilities
Total Liabilities
Equity
Minority interest
Total Liabilities and Equity
Operating income
Operating expenses		)		)		)		)		)		)		)		)		)
Other expenses or income										)
Gain (loss) before tax
Income tax		)		)				)		)		)		)		)		)
Gain for the year

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

15.	Intangible Assets:
(a)	The composition of intangible assets as of June 30, 2024 and December 31, 2023, are as follows:
---	---
	Useful Life				Average remaining amortization				Gross balance		Accumulated Amortization				Net balance
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	June		December		June		December		June	December	June		December		June	December
	2024		2023		2024		2023		2024	2023	2024		2023		2024	2023
	Years		Years		Years		Years		MCh	MCh	MCh		MCh		MCh	MCh
Other independently originated intangible assets		6		6		5		5				)		)
Total												)		)

All values are in US Dollars.

(b)	The change of intangible assets during the period ended as of June 30, 2024 and December 31, 2023, are<br>as follows:
	June		December
---	---	---	---	---
	2024		2023
	MCh		MCh
Gross Balance
Balance as of January 1,
Acquisition
Disposals/ write-downs		)		)
Reclassification
Impairment (*)				)
Total
Accumulated Amortization
Balance as of January 1,		)		)
Amortization for the period (**)		)		)
Disposals/ write-downs
Reclassification
Impairment (*)
Total		)		)
Balance Net

All values are in US Dollars.

(*)	See Note No. 40 Impairment of non-financial assets.
(**)	See Note No. 39 Depreciation and Amortization.
---	---
(c)	As of June 30, 2024, the Bank maintains<br>Ch$11,726 million (Ch$14,869 million as of December 31, 2023) of assets associated with technological developments.
---	---
(d)	As of June 30, 2024 and December 31,<br>2023, there are no restrictions on the intangible assets of the Bank. Furthermore, there are no intangible assets held as collateral for<br>the fulfillment of obligations.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

16.	Property and equipment:
(a)	The properties and equipment as of June 30, 2024 and December 31, 2023 are composed as follows:
---	---
	Useful Life				Average remaining depreciation				Gross balance		Accumulated Depreciation				Net balance
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	June		December		June		December		June	December	June		December		June	December
	2024		2023		2024		2023		2024	2023	2024		2023		2024	2023
	Years		Years		Years		Years		MCh	MCh	MCh		MCh		MCh	MCh
Type of property and equipment:
Land and Buildings		26		26		18		18				)		)
Equipment		5		5		3		3				)		)
Others		7		7		4		4				)		)
Total												)		)

All values are in US Dollars.

(b)	The changes in properties and equipment as of June 30, 2024 and December 31, 2023, are as follows:
	June 2024
---	---	---	---	---	---	---	---	---
	Land and Buildings		Equipment		Others		Total
	MCh		MCh		MCh		MCh
Gross Balance
Balance as of January 1, 2024
Additions
Write-downs and sales of the period		)		)		)		)
Impairment (**)
Total
Accumulated Depreciation
Balance as of January 1, 2024		)		)		)		)
Depreciation of the period (*)		)		)		)		)
Write-downs and sales of the period
Total		)		)		)		)
Balance as of June 30, 2024

All values are in US Dollars.

	December 2023
	Land and Buildings		Equipment		Others		Total
	MCh		MCh		MCh		MCh
Gross Balance
Balance as of January 1, 2023
Additions
Write-downs and sales of the year		)		)		)		)
Impairment (***)				)				)
Total
Accumulated Depreciation
Balance as of January 1, 2023		)		)		)		)
Depreciation of the year		)		)		)		)
Write-downs and sales of the year
Total		)		)		)		)
Balance as of December 31, 2023

All values are in US Dollars.

(*)	See Note No. 39 Depreciation and Amortization.
(**)	See Note No. 40 Impairment of non-financial assets.
---	---
(***)	Does not include provision for write-off of Property for Ch$1,751<br>million.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

16.	Property and equipment, continued:

(c)	As of June 30, 2024, the Bank records Ch$5,536 million (Ch$3,395 million as of December 31, 2023) in assets<br>under construction.
(d)	As of June 30, 2024 and December 31, 2023, there are no restrictions on the properties and equipment of<br>the Bank and its subsidiaries. Furthermore, there are no properties and equipment held as collateral for the fulfillment of obligations.
---	---

17.	Right-of-use assets and Lease liabilities:

(a)	The composition of the rights over leased assets as of June 30, 2024 and December 31, 2023, is as follows:
	Gross<br>Balance		Accumulated Depreciation				Net<br><br>Balance
---	---	---	---	---	---	---	---	---
	June	December	June		December		June	December
	2024	2023	2024		2023		2024	2023
	MCh	MCh	MCh		MCh		MCh	MCh
Categories
Buildings				)		)
Floor space for ATMs				)		)
Improvements to leased properties				)		)
Total				)		)

All values are in US Dollars.

(b)	The changes of the rights over leased assets as of June 30, 2024 and December 31, 2023, is as follows:
	June<br>2024
---	---	---	---	---	---	---	---	---
	Buildings		Floor space for ATMs		Improvements to leased properties		Total
	MCh		MCh		MCh		MCh
Gross Balance
Balance as of January 1, 2024
Additions
Write-downs		)		)		)		)
Remeasurement		)		)				)
Other incremental
Total
Accumulated Depreciation
Balance as of January 1, 2024		)		)		)		)
Depreciation of the period (*)		)		)		)		)
Write-downs
Total		)		)		)		)
Balance as of June 30, 2024

All values are in US Dollars.

(*)	See Note No. 39 Depreciation and Amortization.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

17.	Right-of-use assets and Lease liabilities, continued:
	December 2023
---	---	---	---	---	---	---	---	---
	Buildings		Floor space for ATMs		Improvements to leased properties		Total
	MCh		MCh		MCh		MCh
Gross Balance
Balance as of January 1, 2023
Additions
Write-downs		)		)		)		)
Remeasurement		)		)				)
Other incremental
Total
Accumulated Depreciation
Balance as of January 1, 2023		)		)		)		)
Depreciation of the year		)		)		)		)
Write-downs
Total		)		)		)		)
Balance as of December 31, 2023

All values are in US Dollars.

(c)	Below are the future maturities (including unearned interest)<br>of the lease liabilities as of June 30, 2024 and December 31, 2023:
	June 2024
---	---	---	---	---	---	---	---	---
	Demand	Up to 1 month	Over 1 month and up to 3 months	Over 3 months and up to 12 months	Over 1 year and up to 3 years	Over 3 years and up to 5 years	Over 5 years	Total
Lease associated to:	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Buildings
ATMs
Total

All values are in US Dollars.

	December 2023
	Demand	Up to 1 month	Over 1 month and up to 3 months	Over 3 months and up to 12 months	Over 1 year and up to 3 years	Over 3 years and up to 5 years	Over 5 years	Total
Lease associated to:	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Buildings
ATMs
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

17.	Right-of-use assets and Lease liabilities, continued:

The Bank and its subsidiaries maintain contracts with certain renewal options and for which there is reasonable certainty that said option shall be carried out. In such cases, the lease period used to measure the liability and assets corresponds to an estimate of future renewals.

(d)	The changes of the obligations for lease liabilities and the flows for the periods 2024 and 2023 are as<br>follows:
	Total<br>cash<br>flow<br>for the<br> period
---	---	---
Lease liability	MCh
Balances as of January 1, 2023
Liabilities for new lease agreements
Interest accrued expenses
Payments of capital and interests		)
Remeasurement		)
Derecognized contracts		)
Readjustments
Balances as of June 30, 2023
Liabilities for new lease agreements
Interest accrued expenses
Payments of capital and interests		)
Remeasurement		)
Derecognized contracts		)
Readjustments
Balances as of December 31, 2023
Liabilities for new lease agreements
Interest accrued expenses
Payments of capital and interests		)
Remeasurement		)
Derecognized contracts		)
Readjustments
Balances as of June 30, 2024

All values are in US Dollars.

(e)	The future cash flows related to short-term lease agreements<br>in effect as of June 30, 2024 correspond to Ch$3,548 million (Ch$4,799 million as of December 31, 2023).
(f)	As of June 30, 2024, the minimum future rental income to be received from operating leases amounts to<br>Ch$15,871 million (Ch$15,723 million as of December 31, 2023).
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes:
(a)	Current Taxes:
---	---

The Bank and its subsidiaries at the end of each period, have constituted a First Category Income Tax Provision, which was determined based on current tax regulations, and has been reflected in the Statement of Financial Position net of taxes to be recovered or payable, as applicable, as of June 30, 2024 and December 31, 2023 according to the following detail:

	June		December
	2024		2023
	MCh		MCh
Income tax		)		)
Less:
Monthly prepaid taxes
Credit for training expenses
Others
Total Tax Refundable (net)
Tax rate		%		%

All values are in US Dollars.

	June	December
	2024	2023
	MCh	MCh
Current tax assets
Current tax liabilities			)
Total tax receivable (payable), net

All values are in US Dollars.

(b)	Income Tax:

The effect of the tax expense during the periods between January 1 and June 30, 2024 and 2023, are broken down as follows:

	June		June
	2024		2023
	MCh		MCh
Income tax expense:
Current year tax
Tax Previous year		)
Subtotal
(Credit) Debit for deferred taxes:
Origin and reversal of temporary differences
Subtotal
Others		)
Net charge to income for income taxes

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes, continued:
(c)	Reconciliation of effective tax rate:
---	---

The following is a reconciliation of the income tax rate to the effective rate applied to determine the Bank’s income tax expense as of June 30, 2024 and 2023:

	June 2024					June 2023
	Tax rate					Tax rate
	%			MCh		%			MCh
Income tax calculated on net income before tax		27.00					27.00
Additions or deductions		(1.33	)		)		(0.34	)		)
Price-level restatement		(4.55	)		)		(6.22	)		)
Others		(0.11	)		)		(0.23	)		)
Effective rate and income tax expense		21.01					20.21

All values are in US Dollars.

The effective rate for income tax for the period 2024 is 21.01% (20.21% in June 2023).

(d)	Effect of deferred taxes on income and equity:

The Bank and its subsidiaries have recorded the effects of deferred taxes in their Interim Consolidated Financial Statements. Below are the debtor and creditor differences as of June 30, 2024:

.	Balances as of December 31,	Effect on				Balances as of June 30,
	2023	Income		Equity		2024
	MCh	MCh		MCh		MCh
Debit Differences:
Allowances for loan losses
Personnel provision			)
Provision of undrawn credit lines
Staff vacations provisions			)
Accrued interests adjustments from impaired loans
Staff severance indemnities provision			)		)
Provision of credit cards expenses
Provision of accrued expenses			)
Adjustment for valuation of investments and equity instruments at fair value through other comprehensive income					)
Leasing			)
Incomes received in advance			)
Property and equipment valuation difference
Other adjustments			)
Total Debit Differences			)		)
Credit Differences:
Intangible (software and others)
Adjustment for valuation of investments and equity instruments at fair value through other comprehensive income
Transitory assets
Loans accrued to effective rate			)
Prepaid expenses			)
Exchange rate difference			)
Activated bond placement expense			)
Other adjustments			)
Total Credit Differences
Total, Net			)		)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes, continued:
(d)	Effect of deferred taxes on income and equity, continued:
---	---

Reconciliation to Statement of Financial Position:

	June		December
	2024		2023
	MCh		MCh
Deferred tax assets
Deferred tax liabilities		)
Total deferred tax

All values are in US Dollars.

Below are the debtor and creditor differences as of December 31, 2023:

	Balance as of December 31,	Effect on				Balances as of December 31,
	2022	Income		Equity		2023
	MCh	MCh		MCh		MCh
Debit differences:
Allowances for loan losses			)
Personnel provision
Provision of undrawn credit lines			)
Staff vacations provisions
Accrued interests adjustments from impaired loans
Staff severance indemnities provision			)
Provision of credit cards expenses
Provision of accrued expenses			)
Adjustment for valuation of investments and equity instruments at fair value through other comprehensive income					)
Leasing
Incomes received in advance			)
Property and equipment valuation difference
Other adjustments			)
Total Debit Differences					)
Credit differences:
Intangible (software and others)
Transitory assets
Loans accrued to effective rate
Prepaid expenses
Exchange rate difference			)
Activated bond placement expense			)
Other adjustments			)
Total Credit Differences
Total, Net					)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes, continued:
(e)	For the purpose of complying with the Circular No. 47 issued by the Chilean Internal Revenue Service (SII)<br>and No. 3,478 issued by the CMF, dated August 18, 2009 the changes and effects generated by the application of Article 31, No. 4 of the<br>Income Tax Law are detailed below.
---	---

As the circular requires, the information corresponds only to the Bank’s credit operations and does not consider operations of subsidiary entities that are consolidated in these Interim Consolidated Financial Statements.

			Tax value assets
(e.1) Loans and advance to banks and Loans to<br> customers as of June 30, 2024	Book value<br> assets (*)	Tax value<br> assets	Past-due loans with guarantees	Past-due loans without guarantees	Total Past-due loans
	MCh	MCh	MCh	MCh	MCh
Loans and advance to banks
Commercial loans
Consumer loans
Residential mortgage loans
Total

All values are in US Dollars.

			Tax value assets
(e.1) Loans and advance to banks and Loans to<br> customers as of December 31, 2023	Book value<br> assets (*)	Tax value<br> assets	Past-due loans with guarantees	Past-due loans without guarantees	Total Past-due loans
	MCh	MCh	MCh	MCh	MCh
Loans and advance to banks
Commercial loans
Consumer loans
Residential mortgage loans
Total

All values are in US Dollars.

(*)	In accordance with the mentioned Circular and instructions from<br>the SII, the value of Interim Financial Statement assets, are presented on an individual basis (only Banco de Chile) net of allowance<br>for loan losses and do not include lease and factoring operations.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes, continued:
(e.2) Provisions on past-due loans	Balance as of<br> January 1, 2024	Charge-offs<br> against<br> provisions		Provisions<br> established	Provisions<br>released		Balance as of<br> June 30, 2024
---	---	---	---	---	---	---	---
	MCh	MCh		MCh	MCh		MCh
Commercial loans			)			)
Consumer loans			)			)
Residential mortgage loans			)			)
Total			)			)

All values are in US Dollars.

(e.2) Provisions on past-due loans	Balance as of January 1, 2023	Charge-offs<br> against<br> provisions		Provisions established	Provisions released		Balance as of December 31, 2023
	MCh	MCh		MCh	MCh		MCh
Commercial loans			)			)
Consumer loans			)			)
Residential mortgage loans			)			)
Total			)			)

All values are in US Dollars.

	June	December
(e.3) Charge-offs and recoveries	2024	2023
	MCh	MCh
Charge-offs Art. 31 No. 4 second subparagraph
Write-offs resulting in provisions released
Recovery or renegotiation of written-off loans

All values are in US Dollars.

	June	December
(e.4) Application of Art. 31 No. 4 first & third subsections of the income tax law	2024	2023
	MCh	MCh
Charge-offs in accordance with first subsection	—	—
Write-offs in accordance with third subsection

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

19.	Other Assets:

At the end of each period, the item is composed as follows:

	June		December
	2024		2023
	MCh		MCh
Accounts receivable from the General Treasury of the Republic and other fiscal organizations
Debtors from brokerage of financial instruments
Cash collateral provided for derivative financial transactions
Accounts receivable from third parties
Assets to be leased out as lessor (*)
Prepaid expenses
Income from regular activities from contracts with customers
Investment properties
Other provided cash collateral
Pending transactions
Accumulated impairment in respect of other assets receivable		)		)
Other Assets
Total

All values are in US Dollars.

(*)	Correspond to fixed assets to be delivered under the financial<br>lease modality.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

20.	Non-current assets and disposal groups held for sale and Liabilities included in disposal groups for sale:
(a)	At the end of each period, the item is composed as follows:
---	---
	June		December
---	---	---	---	---
	2024		2023
	MCh		MCh
Assets received in lieu of payment or awarded at judicial sale (*)
Assets awarded at judicial sale
Assets received in lieu of payment
Provision for assets received in lieu of payment or awarded		)		)
Non-current assets for sale
Investments in other companies
Assets for recovery of assets transferred in financial leasing operations
Disposal groups held for sale
Total

All values are in US Dollars.

(*)	Assets received in lieu of payment refer to assets accepted<br>as payment for past-due or written-off debts owed by customers. The assets acquired in this manner does not exceed 20% of the Bank’s<br>effective equity.
(b)	The changes of the provision for assets received in lieu<br>of payment during the period 2024 and 2023 are as follows:
---	---
Provision for assets received in lieu of payment	MCh
---	---	---
Balance as of January 1, 2023
Provisions used		)
Provisions established
Provisions released
Balance as of June 30, 2023
Provisions used		)
Provisions established
Provisions released
Balance as of December 31, 2023
Provisions used		)
Provisions established
Provisions released
Balance as of June 30, 2024

All values are in US Dollars.

(c)	The Bank does not present liabilities classified in the disposal<br>group for sale during the periods June 2024 and December 2023.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

21.	Financial liabilities held for trading at fair value through<br>profit or loss:

The item detail is as follows:

	June	December
	2024	2023
	MCh	MCh
Financial derivative contracts
Other financial instruments
Total

All values are in US Dollars.

a)	As of June 30, 2024 and December 31, 2023, the Bank maintains<br>the following debt portfolio of derivative instruments:
	Notional<br> amount of contract with final expiration date in
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Demand		Up to<br> 1 month		Over<br> 1 month and up to 3 months		Over<br> 3 months and up to 12 months		Over<br> 1 year and up to 3 years		Over<br> 3 year and up to 5 years		Over<br> 5 years		Total		Fair<br> value Liabilities
	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Currency forward
Interest rate swap
Interest rate swap and cross<br> currency swap
Call currency options
Put<br> currency options
Total

All values are in US Dollars.

b)	Other instruments or financial liabilities:
	June	December
---	---	---
	2024	2023
	MCh	MCh
Current accounts and other demand deposits
Savings accounts and other time deposits
Debt instruments issued
Others
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost:

The item detail is as follows:

	June	December
	2024	2023
	MCh	MCh
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued
Other financial obligations
Total

All values are in US Dollars.

(a)	Current accounts and other demand deposits:

At the end of each period, the composition of current accounts and other demand deposits is as follows:

	June	December
	2024	2023
	MCh	MCh
Current accounts
Other demand obligations
Demand deposits accounts
Other demand deposits
Total

All values are in US Dollars.

(b)	Saving accounts and time deposits:

At the end of each period, the composition of saving accounts and time deposits is as follows:

	June	December
	2024	2023
	MCh	MCh
Time deposits
Term savings accounts
Other term balances payable
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost, continued:
(c)	Obligations by repurchase agreements and securities lending:
---	---

The Bank obtains financing by selling financial instruments and agreeing to repurchase them in the future, plus interest at a prefixed rate. As of June 30, 2024 and December 31, 2023, the repurchase agreements are the following:

	June	December
	2024	2023
	MCh	MCh
Transaction with domestic banks
Repurchase agreements with other banks
Repurchase agreements with the Central Banks of Chile
Obligations from securities lending
Transaction with foreign banks
Repurchase agreements with other banks
Repurchase agreements with foreign Central Banks
Obligations from securities lending
Transaction with other domestic entities
Repurchase agreements
Obligations from securities lending
Transaction with other foreign entities
Repurchase agreements
Obligations from securities lending
Total

All values are in US Dollars.

The fair value of the financial instruments delivered as collateral by the Bank and its subsidiaries, in sales transactions with repurchase agreement and securities lending as of June 30, 2024 amounts to Ch$214,404 million (Ch$157,089 million in December 2023). In the event that the Bank and its subsidiaries enter into default or bankruptcy, the counterparty is authorized to sell or deliver these investments as collateral.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost, continued:
(d)	Borrowings from Financial Institutions:
---	---

At the end of each period, borrowings from financial institutions are detailed as follows:

	June	December
	2024	2023
	MCh	MCh
Domestic banks
Foreign banks
Foreign trade financing
Bank of New York Mellon
HSBC Bank
Bank of America
Caixabank S.A.
Standard Chartered Bank
Zurcher Kantonalbank
Wells Fargo Bank
DZ Bank AG Deutsche
Commerzbank AG
Citibank N.A. United State
Deutsche Bank AG
Others
Borrowings and other obligations
Wells Fargo Bank
Citibank N.A. United State
Citibank N.A. United Kingdom
Commerzbank AG
Others
Subtotal foreign banks
Chilean Central Bank (*)
Total

All values are in US Dollars.

(*)	Financing provided by the Chilean Central Bank to deliver liquidity<br>to the economy and support the credit flow to households and companies, related to the Conditional Credit Facility to Increase Lending<br>(FCIC by its Spanish initials). On July 1, 2024, the last phase of the program expired and was paid in full on the same date.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost, continued:
(e)	Debt financial instruments issued:
---	---

At the end of each period, the composition of debt financial instruments issued as follows:

	June	December
	2024	2023
	MCh	MCh
Letters of credit
Letters of credit for housing
Letters of credit for general purposes
Bonds
Current Bonds
Mortgage bonds
Total

All values are in US Dollars.

During the period ended June 30, 2024 Banco de Chile has placed bonds for Ch$523,221 million, which corresponds to Short-Term Current Bonds and Long-Term Bonds for amounts of Ch$28,049 and Ch$495,172 million respectively, according to the following details:

Short-term Bonds

**<br><br>Counterparty**	Currency	Annual<br><br> interest<br><br> rate %		Issued<br> <br>date	Maturity<br><br> date
Wells Fargo Bank			5.46	05/07/2024	08/07/2024
Total

All values are in US Dollars.

Long-Term Bonds

Serie	Currency			Issued<br> <br>date	Maturity <br><br>date
BCHIEZ1121	UF	4	3.72	01/15/2024	05/01/2028
BCHIEZ1121	UF	4	3.72	01/16/2024	05/01/2028
BCHICE1215	UF	7	3.20	01/31/2024	12/01/2031
BCHICH1215	UF	8	3.15	02/08/2024	12/01/2032
BCHIFA0222	UF	4	3.25	03/15/2024	08/01/2028
BCHIFA0222	UF	4	3.32	03/21/2024	08/01/2028
BCHIEY1021	UF	4	3.29	03/22/2024	04/01/2028
BCHIFA0222	UF	4	3.29	03/25/2024	08/01/2028
BCHIGG1121	UF	11	3.35	03/26/2024	05/01/2035
BCHIFA0222	UF	4	3.24	03/27/2024	08/01/2028
BCHIEY1021	UF	4	3.28	04/04/2024	04/01/2028
BCHIEX0122	UF	1	3.10	04/12/2024	07/01/2025
BCHIEX0122	UF	1	3.02	04/17/2024	07/01/2025
BCHIHX1223	UF	20	3.49	05/08/2024	12/01/2044
BCHIHX1223	UF	20	3.49	05/09/2024	12/01/2044
BCHIHX1223	UF	20	3.46	05/17/2024	12/01/2044
BCHIHX1223	UF	20	3.46	05/22/2024	12/01/2044
BCHIHX1223	UF	20	3.55	06/04/2024	12/01/2044
BCHIFO0721	UF	8	3.48	06/06/2024	01/01/2032
BCHIEY1021	UF	4	3.20	06/10/2024	04/01/2028
BCHIGG1121	UF	11	3.53	06/11/2024	05/01/2035
BCHIFB1021	UF	5	3.35	06/12/2024	04/01/2029
Subtotal
BONO HKD		10	4.22	02/02/2024	02/09/2034
Subtotal other currencies
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost, continued:
(e)	Debt financial instruments issued, continued:
---	---

During the year ended December 31, 2023 Banco de Chile has placed bonds for Ch$1,224,480 million, which corresponds to Short-Term Current Bonds and Long-Term Bonds for amounts of Ch$286,354 and Ch$938,126 million respectively, according to the following details:

Short-term Bonds

Counterparty	Annual<br><br> interest <br><br>rate %	Issued<br> <br>date	Maturity<br><br> date
Wells Fargo Bank	5.65	03/30/2023	08/01/2023
Wells Fargo Bank	5.65	03/30/2023	07/28/2023
Wells Fargo Bank	5.60	04/03/2023	10/02/2023
Wells Fargo Bank	5.56	04/04/2023	09/01/2023
Wells Fargo Bank	5.85	08/01/2023	02/01/2024
Wells Fargo Bank	5.75	08/25/2023	11/27/2023
Wells Fargo Bank	5.85	08/25/2023	01/22/2024
Total

All values are in US Dollars.

Long-Term Current Bonds

Serie	Currency	Terms<br> <br>Years	Annual<br><br> interest <br><br>rate %	Issued<br> <br>date	Maturity<br><br> date
BCHIGI0322	UF	12	2.61	01/06/2023	09/01/2035
BCHIDG1116	CLP	4	6.55	03/16/2023	05/01/2027
BCHIDG1116	CLP	4	6.55	03/23/2023	05/01/2027
BCHIGG1121	UF	12	2.50	04/11/2023	05/01/2035
BCHICG0815	UF	9	2.65	04/28/2023	08/01/2032
BCHIGB0322	UF	11	2.78	05/18/2023	09/01/2034
BCHICH1215	UF	9	2.96	06/02/2023	12/01/2032
BCHIGB0322	UF	11	2.78	06/06/2023	09/01/2034
BCHIBU0815	UF	6	3.39	06/08/2023	08/01/2029
BCHIBU0815	UF	6	3.39	06/09/2023	08/01/2029
BCHICE1215	UF	8	2.94	06/09/2023	12/01/2031
BCHIFW1121	UF	10	2.89	06/12/2023	05/01/2033
BCHIBU0815	UF	6	3.26	06/15/2023	08/01/2029
BCHIGB0322	UF	11	2.78	06/16/2023	09/01/2034
BCHICI0815	UF	10	3.04	08/01/2023	02/01/2033
BCHICI0815	UF	10	3.35	08/18/2023	02/01/2033
BCHICH1215	UF	9	3.34	08/24/2023	12/01/2032
BCHIBO0815	UF	4	3.61	08/25/2023	02/01/2028
BCHIBO0815	UF	4	3.61	08/29/2023	02/01/2028
BCHICE1215	UF	8	3.27	08/29/2023	12/01/2031
BCHIFB1021	UF	6	4.16	11/03/2023	04/01/2029
BCHIFB1021	UF	6	4.16	11/07/2023	04/01/2029
BCHIEY1021	UF	5	4.26	11/08/2023	04/01/2028
BCHIFB1021	UF	6	4.16	11/09/2023	04/01/2029
BCHICI0815	UF	9	3.90	11/14/2023	02/01/2033
BCHICH1215	UF	9	3.90	11/14/2023	12/01/2032
BCHIFB1021	UF	6	4.16	11/15/2023	04/01/2029
BCHICE1215	UF	8	3.64	11/22/2023	12/01/2031
BCHICE1215	UF	8	3.60	11/23/2023	12/01/2031
BCHIGH1221	UF	12	3.67	12/01/2023	06/01/2035
BCHICH1215	UF	9	3.55	12/05/2023	12/01/2032
BCHICG0815	UF	9	3.31	12/18/2023	08/01/2032
BCHICH1215	UF	9	3.21	12/20/2023	12/01/2032
Subtotal
BONO MXN	MXN	4	TIE (28 days) + 0.85	06/01/2023	06/03/2027
BONO JPY		2	0.75	06/08/2023	06/16/2025
Subtotal other currencies
Total

All values are in Japanese Yen.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost, continued:

As of June 30, 2024 and December 31, 2023, the Bank has not presented defaults in the payment of principal and interest on its debt instruments. Likewise, there have been no breaches of covenants and other commitments associated with the debt instruments issued.

(a)	Other Financial Obligations:

At the end of each period, the composition of other financial obligations as follows:

	June	December
	2024	2023
	MCh	MCh
Other Chilean financial obligations
Other financial obligations with the Public sector
Total

All values are in US Dollars.

23.	Financial instruments of regulatory capital issued:
a)	At the end of each period, this item is composed as follows:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Subordinated bonds
Subordinated bonds with transitory recognition
Subordinated bonds
Bonds with no fixed term of maturity
Preferred stock
Total

All values are in US Dollars.

b)	Issuances of regulatory capital financial instruments in the year:

During the period ended June 30, 2024 and December 31, 2023, no issues of regulatory capital financial instruments have been made.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

23.	Financial instruments of regulatory capital issued, continued:

c)	Changes in regulatory capital financial instruments:
	Subordinated bonds		Bonds with no maturity	Preferred shares
---	---	---	---	---
	MCh		MCh	MCh
Balance as of January 1, 2023
Emissions made
Transaction costs
Transaction costs amortization
Accrued interest
Acquisition or redemption by the issuer
Modification of the issuance conditions
Interest and UF indexation payments to the holder		)
Principal payments to the holder		)
Accrued UF indexation
Exchange rate differences
Depreciation
Reappraisal
Expiration
Conversion to common shares
Balance as of December 31, 2023
Balance as of January 1, 2024
Emissions made
Transaction costs
Transaction costs amortization
Accrued interest
Acquisition or redemption by the issuer
Modification of the issuance conditions
Interest and UF indexation payments to the holder		)
Principal payments to the holder		)
Accrued UF indexation
Exchange rate differences
Depreciation
Reappraisal
Expiration
Conversion to common shares
Balance as of June 30, 2024

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

23.	Financial instruments of regulatory capital issued, continued:

d)	Below is the detail of the subordinated bonds due as of June<br>30, 2024 and December 31, 2023:
June 2024
---	---	---	---	---	---	---	---
Serie	Currency	Issuance currency amount		Interest rate %	Registration date	Maturity date	Balance due MCh
C1	UF		300,000	7.5	12/06/1999	01/01/2030
C1	UF		200,000	7.4	12/06/1999	01/01/2030
C1	UF		530,000	7.1	12/06/1999	01/01/2030
C1	UF		300,000	7.1	12/06/1999	01/01/2030
C1	UF		50,000	6.5	12/06/1999	01/01/2030
C1	UF		450,000	6.6	12/06/1999	01/01/2030
D1	UF		2,000,000	3.6	06/20/2002	04/01/2026
F	UF		1,000,000	5.0	11/28/2008	11/01/2033
F	UF		1,500,000	5.0	11/28/2008	11/01/2033
F	UF		759,000	4.5	11/28/2008	11/01/2033
F	UF		241,000	4.5	11/28/2008	11/01/2033
F	UF		4,130,000	4.2	11/28/2008	11/01/2033
F	UF		1,000,000	4.3	11/28/2008	11/01/2033
F	UF		70,000	4.2	11/28/2008	11/01/2033
F	UF		4,000,000	3.9	11/28/2008	11/01/2033
F	UF		2,300,000	3.8	11/28/2008	11/01/2033
G	UF		600,000	4.0	11/29/2011	11/01/2036
G	UF		50,000	4.0	11/29/2011	11/01/2036
G	UF		80,000	3.9	11/29/2011	11/01/2036
G	UF		450,000	3.9	11/29/2011	11/01/2036
G	UF		160,000	3.9	11/29/2011	11/01/2036
G	UF		1,000,000	2.7	11/29/2011	11/01/2036
G	UF		300,000	2.7	11/29/2011	11/01/2036
G	UF		1,360,000	2.6	11/29/2011	11/01/2036
J	UF		1,400,000	1.0	11/29/2011	11/01/2042
J	UF		1,500,000	1.0	11/29/2011	11/01/2042
J	UF		1,100,000	1.0	11/29/2011	11/01/2042
I	UF		900,000	1.0	11/29/2011	11/01/2040
					Total subordinated bonds due

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

23.	Financial instruments of regulatory capital issued, continued:

December 2023
Serie	Currency	Issuance currency amount		Interest rate %	Registration date	Maturity date	Balance due MCh
C1	UF		300,000	7.5	12/06/1999	01/01/2030
C1	UF		200,000	7.4	12/06/1999	01/01/2030
C1	UF		530,000	7.1	12/06/1999	01/01/2030
C1	UF		300,000	7.1	12/06/1999	01/01/2030
C1	UF		50,000	6.5	12/06/1999	01/01/2030
C1	UF		450,000	6.6	12/06/1999	01/01/2030
D1	UF		2,000,000	3.6	06/20/2002	04/01/2026
F	UF		1,000,000	5.0	11/28/2008	11/01/2033
F	UF		1,500,000	5.0	11/28/2008	11/01/2033
F	UF		759,000	4.5	11/28/2008	11/01/2033
F	UF		241,000	4.5	11/28/2008	11/01/2033
F	UF		4,130,000	4.2	11/28/2008	11/01/2033
F	UF		1,000,000	4.3	11/28/2008	11/01/2033
F	UF		70,000	4.2	11/28/2008	11/01/2033
F	UF		4,000,000	3.9	11/28/2008	11/01/2033
F	UF		2,300,000	3.8	11/28/2008	11/01/2033
G	UF		600,000	4.0	11/29/2011	11/01/2036
G	UF		50,000	4.0	11/29/2011	11/01/2036
G	UF		80,000	3.9	11/29/2011	11/01/2036
G	UF		450,000	3.9	11/29/2011	11/01/2036
G	UF		160,000	3.9	11/29/2011	11/01/2036
G	UF		1,000,000	2.7	11/29/2011	11/01/2036
G	UF		300,000	2.7	11/29/2011	11/01/2036
G	UF		1,360,000	2.6	11/29/2011	11/01/2036
J	UF		1,400,000	1.0	11/29/2011	11/01/2042
J	UF		1,500,000	1.0	11/29/2011	11/01/2042
J	UF		1,100,000	1.0	11/29/2011	11/01/2042
I	UF		900,000	1.0	11/29/2011	11/01/2040
					Total subordinated bonds due

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisions for contingencies:
(a)	At the end of each period, this item is composed as follows:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Provisions for employee benefit obligations
Provisions for obligations of customer loyalty and merit programs
Provisions for lawsuits and litigation
Provisions for operational risk
Provisions of a bank branch abroad for profit remittances to its parent company
Provisions for reestructuring plans
Other provisions for contingencies
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisions for contingencies, continued;
(b)	The following table shows the changes in provisions during the period 2024 and 2023:
---	---
	Provisions for employee benefit obligations		Provisions of a bank branch abroad for profit remittances to its parent company	Provisions for reestructuring plans	Provisions for lawsuits and litigation		Provisions for obligations of customer loyalty and merit programs		Provisions for operational risk		Other provisions for contingencies		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh		MCh	MCh	MCh		MCh		MCh		MCh		MCh
Balances as of January 1, 2023
Provisions established
Provisions used		)				)				)				)
Provisions released						)		)		)				)
Balances as of June 30, 2023
Provisions established
Provisions used		)				)				)				)
Provisions released						)				)				)
Balances as of December 31, 2023
Provisions established
Provisions used		)				)				)				)
Provisions released						)				)		)		)
Balances as of June 30, 2024

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisions for contingencies, continued;
(c)	Provisions for employee benefit obligations:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Provision of short-term employee benefits
Provision of benefits to employees for contract termination
Provisión of benefits to post-employment employees
Provision of long-term employee benefits
Provision of share-based employee benefits
Provisión for obligations for defined contribution post-employment plans
Provisión for obligations for post-employment defined benefit plans
Provision for other employee obligations
Total

All values are in US Dollars.

(d)	Provision of short-term employee benefits:
(i)	Compliance bonuses provision:
---	---
	June		June
---	---	---	---	---
	2024		2023
	MCh		MCh
Balances as of January 1
Net provisions established
Provisions used		)		)
Total

All values are in US Dollars.

(ii)	Vacation provision:
	June		June
---	---	---	---	---
	2024		2023
	MCh		MCh
Balances as of January 1
Net provisions established
Provisions used		)		)
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisions for contingencies, continued;
(d)	Provision of short-term employee benefits, continued:
---	---
(iii)	Provision of other benefits to personnel:
---	---
	June		June
---	---	---	---	---
	2024		2023
	MCh		MCh
Balances as of January 1
Net provisions established
Provisions used		)		)
Total

All values are in US Dollars.

(e)	Provision of benefits to employees for contract termination:
(i)	Changes of the provision for employee benefits due to the termination of the employment contract:
---	---
	June		June
---	---	---	---	---
	2024		2023
	MCh		MCh
Present value of the obligations at the beginning of the period
Increase in provision
Benefit paid		)		)
Effect of change in actuarial factors		)
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisions for contingencies, continued;
(e)	Provision of benefits to employees for contract termination,<br>continued:
---	---
(ii)	Net benefits expenses:
---	---
	June		June
---	---	---	---
	2024		2023
	MCh		MCh
Increase (decrease) in provisions
Interest cost of benefits obligations
Effect of change in actuarial factors		)
Net benefit expenses

All values are in US Dollars.

(iii)	Factors used in the calculation of the provision:

The main assumptions used in the determination of severance indemnity obligations for the Bank's plan are shown below:

	June 30,<br> <br>2024		December 31, 2023
	%		%
Discount rate		6.62		5.77
Salary increase rate		4.50		5.60
Payment probability		99.99		99.99

The most recent actuarial valuation of the staff severance indemnities provision was carried out the second quarter of 2024.

(f)	Employee benefits share-based provision:

As of June 30, 2024 and December 31, 2023, the Bank and its subsidiaries do not have a stock-based compensation plan.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

25.	Provision for dividends, interests and reappraisal of financial instruments of regulatory capital issued:
(a)	The item detail is as follows:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Provisions for dividends
Provisions for payment of interest on bonds with no fixed maturity date
Provision for revaluation of bonds without a fixed term of maturity
Total

All values are in US Dollars.

(b)	The changes at the end of each period are as follows:
	Provisions for dividends		Provisions for payment of interest on bonds with no fixed maturity date	Provision for revaluation of bonds without a fixed term of maturity	Total
---	---	---	---	---	---	---
	MCh		MCh	MCh	MCh
Balances as of January 1, 2023
Provisions established
Provisions used		)				)
Provisions released
Balances as of June 30, 2023
Provisions established
Provisions used
Provisions released
Balances as of December 31, 2023
Provisions established
Provisions used		)				)
Provisions released
Balances as of June 30, 2024

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

26.	Special provisions for credit risk:
a)	At the end of each period, this item is composed as follows:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Additional loan provisions
Provisions for credit risk for contingent loans (*)
Provisions for country risk for transactions with debtors with residence abroad
Special provisions for loans abroad
Provisions for adjustments to the minimum provision required for normal portfolio with individual evaluation
Provisions constituted by credit risk as a result of additional prudential requirements
Total

All values are in US Dollars.

(*)	The changes of provisions for credit risk for contingent loans<br>is disclosed in Note No. 13 letter f).
b)	The changes of provisions for special credit risk is as follows:
---	---
	Additional loan provisions	Provisions for credit risk for contingent loans		Provisions for country risk for transactions with debtors with residence abroad		Total
---	---	---	---	---	---	---	---
	MCh	MCh		MCh		MCh
Balances as of January 1, 2023
Provisions established
Provisions used
Provisions released			)				)
Foreign exchange differences			)				)
Balances as of June 30, 2023
Provisions established
Provisions used
Provisions released					)		)
Foreign exchange differences
Balances as of December 31, 2023
Provisions established
Provisions used
Provisions released
Foreign exchange differences
Balances as of June 30, 2024

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

27.	Other Liabilities:

At the end of each period, this item is composed as follows:

	June	December
	2024	2023
	MCh	MCh
Accounts payable to third parties
Creditors for intermediation of financial instruments
Obligations for mortgage loans granted to be remit to other banks and/or real estate companies
Cash guarantees received for derivative financial transactions
Liability for income from usual activities from contracts with customers
Agreed dividends payable
VAT debit
Outstanding transactions
Other cash guarantees received
Securities to be settled
Other liabilities
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.	Equity:
(a)	Capital:
---	---
(i)	Authorized, subscribed and paid shares:
---	---

As of June 30, 2024, the paid-in capital of Banco de Chile is represented by 101,017,081,114 registered shares (101,017,081,114 shares as of December 31, 2023), with no par value, subscribed and fully paid.

	As of June 30, 2024
Corporate Name or Shareholders’s name	Number of Shares		% of Equity Holding
LQ Inversiones Financieras S.A.		46,815,289,329		46.344	%
Banco de Chile on behalf of State Street		6,843,246,967		6.774	%
Banchile Corredores de Bolsa S.A. on behalf of third parties		5,055,060,651		5.004	%
Banco Santander on behalf of foreign investors		4,994,629,340		4.944	%
Inversiones LQ-SM Limitada		4,854,988,014		4.806	%
Banco de Chile on behalf of non-resident third parties		4,050,448,483		4.010	%
JP Morgan Chase Bank		2,340,554,308		2.317	%
Ever Chile SPA		1,888,369,814		1.869	%
Banco Santander Chile		1,611,464,419		1.595	%
Banco de Chile on behalf of Citibank New York		1,444,088,401		1.430	%
Inversiones Avenida Borgoño SPA		1,190,565,316		1.179	%
Ever 1 BAE SPA		1,166,584,950		1.155	%
Larraín Vial S.A. Corredora de Bolsa		1,087,326,811		1.076	%
BCI Corredores de Bolsa S.A.		528,229,582		0.523	%
Valores Security S.A. Corredores de Bolsa		521,774,030		0.517	%
Santander S.A. Corredores de Bolsa Limitada		488,914,899		0.484	%
Inversiones CDP SPA		487,744,912		0.483	%
A.F.P Habitat S.A. for A Fund		486,255,799		0.481	%
BTG Pactual Chile S.A. Corredores de Bolsa		461,067,760		0.456	%
A.F.P Cuprum S.A. for A Fund		417,579,841		0.413	%
Subtotal		86,734,183,626		85.860	%
Others shareholders		14,282,897,488		14.140	%
Total		101,017,081,114		100.000	%

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

28.	Equity, continued:
(a)	Capital, continued:
---	---
(i)	Authorized, subscribed and paid shares, continued:
---	---
	As of December 31, 2023
---	---	---	---	---	---
Corporate Name or Shareholders’s name	Number of Shares		% of Equity Holding
LQ Inversiones Financieras S.A.		46,815,289,329		46.344	%
Banco de Chile on behalf of State Street		5,912,541,950		5.853	%
Banco Santander on behalf of foreign investors		5,218,796,247		5.166	%
Banchile Corredores de Bolsa S.A. on behalf of third parties		5,093,108,613		5.042	%
Inversiones LQ-SM Limitada		4,854,988,014		4.806	%
Banco de Chile on behalf of non-resident third parties		4,366,453,313		4.322	%
Banco de Chile on behalf of Citibank New York		1,928,215,358		1.909	%
Ever Chile SPA		1,888,369,814		1.869	%
JP Morgan Chase Bank		1,540,646,308		1.525	%
Inversiones Avenida Borgoño SPA		1,190,565,316		1.179	%
Ever 1 BAE SPA		1,166,584,950		1.155	%
Banco Santander Chile		1,036,254,726		1.026	%
Larraín Vial S.A. Corredora de Bolsa		1,031,817,268		1.021	%
A.F.P Habitat S.A. for A Fund		599,181,211		0.593	%
BCI Corredores de Bolsa S.A.		560,782,315		0.555	%
Valores Security S.A. Corredores de Bolsa		516,827,332		0.512	%
Inversiones CDP SPA		487,744,912		0.483	%
A.F.P Cuprum S.A. for A Fund		486,057,153		0.481	%
Santander S.A. Corredores de Bolsa Limitada		477,871,060		0.473	%
BTG Pactual Chile S.A. Corredores de Bolsa		456,328,957		0.452	%
Subtotal		85,628,424,146		84.766	%
Others shareholders		15,388,656,968		15.234	%
Total		101,017,081,114		100.000	%

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

28.	Equity, continued:
(a)	Capital, continued:
---	---
(ii)	Shares:
---	---

The following table shows the changes in shares from December 31, 2023 to June 30, 2024:

	Total
	Ordinary<br> <br>Shares
Total shares as of December 31, 2023		101,017,081,114
Total shares as of June 30, 2024		101,017,081,114
(b)	Approval and payment of dividends:
---	---

At the Bank Ordinary Shareholders’ Meeting held on March 28, 2024 it was approved the distribution and payment of dividend No. 212 of Ch$8.07716286860 per share of the Banco de Chile, with charge to the net distributable income for the year 2023. The dividends paid in the in the period 2024 amounted to Ch$815,932 million.

At the Bank Ordinary Shareholders’ Meeting held on March 23, 2023 it was approved the distribution and payment of dividend No. 211 of Ch$8.58200773490 per share of the Banco de Chile, with charge to the net distributable income for the year 2022. The dividends paid in the in the period 2023 amounted to Ch$866,929 million.

(c)	Provision for minimum dividends:

The Board of Directors of Banco de Chile agreed for the purposes of minimum dividends, to establish a provision of 60% of the net income resulting from reducing or adding to the net income for the corresponding year, the value effect of the monetary unit of paid capital and reserves, as a result of any change in the Consumer Price Index (CPI) between the month prior to the current month and the month of November of the previous year. The amount to be reduced of the liquid income for the period ended as of June 30, 2024 amounted to Ch$96,600 million (Ch$223,720 million as of December 31, 2023).

As indicated, as of June 30, 2024, the amount of the net income determined in accordance with the preceding paragraph is equivalent to Ch$524,655 million (Ch$1,019,914 million as of December 31, 2023). Consequently, the Bank recorded a provision for minimum dividends under “Provision for dividends, interests and reappraisal of financial instruments of regulatory capital issued” as of June 30, for an amount of Ch$314,793 million (Ch$611,949 million in December 2023), which reflects as a counterpart an equity reduction for the same amount in the item “Retained earnings”.

NOTES TO THE INTERIM CONSOLIDATEDFINANCIAL STATEMENTS, continued

28.	Equity, continued:
(d)	Earnings per share:
---	---
(i)	Basic earnings per share:
---	---

Basic earnings per share are determined by dividing the net income attributable to the Bank ordinary equity holders in a year between the weighted average number of shares outstanding during that period, excluding the average number of own shares held throughout the period.

(ii)	Diluted earnings per share:

In order to calculate the diluted earnings per share, both the amount of income attributable to common shareholders and the weighted average number of shares outstanding, net of own shares, must be adjusted for all the inherent dilutive effects to the potential common shares (stock options, warrants and convertible debt).

Accordingly, the basic and diluted earnings per share as of June 30, 2024 and 2023 were determined as follows:

	June		June
	2024		2023
Basic earnings per share:
Net profits attributable to ordinary equity holders of the bank (in million of Chilean pesos)		621,255		598,098
Weighted average number of ordinary shares		101,017,081,114		101,017,081,114
Earning per shares (in Chilean pesos)		6.15		5.92
Diluted earnings per share:
Net profits attributable to ordinary equity holders of the bank (in million of Chilean pesos)		621,255		598,098
Weighted average number of ordinary shares		101,017,081,114		101,017,081,114
Assumed conversion of convertible debt		—		—
Adjusted number of shares		101,017,081,114		101,017,081,114
Diluted earnings per share (in Chilean pesos)		6.15		5.92

As of June 30, 2024 and 2023, the Bank does not have instruments that generate dilutive effects.

NOTES TO THE INTERIMCONSOLIDATED FINANCIAL STATEMENTS, continued

28.	Equity, continued:
(e)	Other comprehensive income:
---	---

Below is the composition and changes of accumulated other comprehensive income as of June 30, 2024 and 2023:

	Elements<br> that will not be reclassified in profit or loss							Elements<br> that can be reclassified in profit or loss
	New<br> measurements of net defined benefit liability and actuarial results for other employee benefit plans		Fair<br> value changes of equity instruments designated as at fair value through other comprehensive income		Income<br> tax		Subtotal	Fair<br> value changes of financial assets at fair value through other comprehensive income		Cash<br> flow accounting hedge		Participation<br> in other comprehensive income of entities registered under the equity method		Income<br> tax		Subtotal		Total
	MCh		MCh		MCh		MCh	MCh		MCh		MCh		MCh		MCh		MCh
Opening<br> balances as of January 1, 2023		)				)					)		)				)		)
Other<br> comprehensive income for the period		)				)							)		)
Balances<br> as of June 30, 2023		)				)					)		)				)		)
Opening<br> balances as of January 1, 2024		)				)							)		)
Other<br> comprehensive income for the period				)					)						)		)		)
Balances<br> as of June 30, 2024		)				)							)		)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.	Equity, continued:
(f)	Retained earnings from previous years:
---	---

During the year 2024, the Ordinary Shareholders Meeting of Banco de Chile agreed to deduct and withhold from the year 2023 liquid income, an amount equivalent to the value effect of the monetary unit of paid capital and reserves according to the variation in the Consumer Price Index, which occurred between November 2022 and November 2023, amounting to Ch$223,720 million. Additionally, the board determined to retain 20% of the distributable net profit, equivalent to Ch$203,982 million.

29.	Contingencies and Commitments:
(a)	The Bank and its subsidiaries have exposures associated with contingent loans and other liabilities according<br>to the following detail:
---	---
(a.1)	Contingent loans:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Guarantees and sureties
Guarantees and sureties in chilean currency
Guarantees and sureties in foreign currency
Letters of credit for goods circulation operations
Debt purchase commitments in local currency abroad
Transactions related to contingent events
Transactions related to contingent events in chilean currency
Transactions related to contingent events in foreign currency
Undrawn credit lines with immediate termination
Balance of lines of credit and agreed overdraft in current account – commercial loans
Balance of lines of credit on credit card – commercial loans
Balance of lines of credit and agreed overdraft in current account – consumer loans
Balance of lines of credit on credit card – consumer loans
Balance of lines of credit and agreed overdraft in current account – due from banks loans
Undrawn credit lines
Other commitments
Credits for higher studies Law No. 20,027 (CAE)
Other irrevocable credit commitments
Other credit commitments
Total

All values are in US Dollars.

NOTES TO THE INTERIMCONSOLIDATED FINANCIAL STATEMENTS, continued

29.	Contingencies and Commitments, continued:
(a.2)	Responsibilities assumed to meet customer needs:
---	---
	June	December
---	---	---
	2024	2023
	MCh	MCh
Transactions on behalf of third parties
Collections
Placement or sale of financial instruments
Transferred financial assets managed by the bank
Third-party resources managed by the bank
Subtotal
Securities custody
Securities safekept by a banking subsidiary
Securities safekept by the Bank
Securities safekept deposited in another entity
Securities issued by the bank
Subtotal
Total

All values are in US Dollars.

(b)	Lawsuits and legal proceedings:
(b.1)	Normal judicial contingencies in the industry:
---	---

At the date of issuance of these Interim Consolidated Financial Statements, there are legal actions filed against the Bank related with the ordinary course operations. As of June 30, 2024, the Bank maintain provisions for judicial contingencies amounting to Ch$1,266 million (Ch$1,173 million as of December 2023), which are part of the item “Provisions for contingencies” in the Statement of Financial Position.

The estimated end dates of the respective legal contingencies are as follows:

	As of June 30, 2024
	2024	2025	2026	2027	2028	Total
	MCh	MCh	MCh	MCh	MCh	MCh
Legal contingencies

All values are in US Dollars.

(b.2)	Contingencies for significant lawsuits in courts:

As of June 30, 2024 and December 31, 2023, there are not significant lawsuits in court that affect or may affect these Interim Consolidated Financial Statements.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

29.	Contingencies and Commitments, continued:
(c)	Guarantees granted by operations:
---	---
i.	In subsidiary Banchile Administradora General de FondosS.A.:
---	---

In compliance with Article No, 12 of Law No. 20,712, Banchile Administradora General de Fondos S.A., has designated Banco de Chile as the representative of the beneficiaries of the guarantees it has established, and in such role the Bank has issued bank guarantees totaling UF 3,481,900 maturing January 8, 2025 (UF 4,153,500, maturing on January 6, 2023). The subsidiary took a policy with Mapfre Seguros Generales S.A. for the Real State Funds by a guaranteed amount of UF 782,000.

As of June 30, 2024 and 2023, the Bank has not guaranteed mutual funds.

ii.	In subsidiary Banchile Corredores de Bolsa S.A.:

For the purposes of ensuring correct and complete compliance with all of its obligations as broker-dealer entity, in conformity with the provisions from Article 30 and subsequent of Law No. 18,045 on Securities Markets, the subsidiary established a guarantee in an insurance policy for UF 20,000, insured by Mapfre Seguros Generales S.A., that matures April 22, 2026, whereby the Securities Exchange of the Santiago Stock Exchange was appointed as the subsidiary’s creditor representative.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

29.	Contingencies and Commitments, continued:
(c)	Guarantees granted by operations, continued:
---	---
	June	December
---	---	---
	2024	2023
Guarantees:	MCh	MCh
Shares received as collateral for simultaneous operations:
Santiago Securities Exchange, Stock Exchange
Electronic Chilean Securities Exchange, Stock Exchange
Fixed income securities delivered to guarantee CCLV system:
Santiago Securities Exchange, Stock Exchange
Fixed income securities as collateral for the Santiago Stock Exchange
Shares delivered to guarantee equity lending and short-selling:
Santiago Securities Exchange, Stock Exchange
Cash guarantees received for operations with derivatives
Cash guarantees for operations with derivatives
Equity securities received for operations with derivatives:
Electronic Chilean Securities Exchange, Stock Exchange
Depósito Central de Valores S.A.
Total

All values are in US Dollars.

In conformity with the internal regulation of the stock exchanges in which it participates, and for the purpose of ensuring its proper performance, the subsidiary maintains in favor of the Santiago Stock Exchange a guarantee in fixed income financial instruments equivalent to Ch$13,760 million. It also maintains a pledge in favor of the Electronic Stock Exchange for three hundred thousand shares of said institution.

Banchile Corredores de Bolsa S.A. keeps an insurance policy current with Chubb Seguros Chile S.A. that expires June 30, 2024, this considers matters of employee fidelity, physical losses, falsification or adulteration, and currency fraud with a coverage amount equivalent to US$20,000,000.

It also provided a bank guarantee in the amount of UF 317,900 for the benefits of investors in portfolio management contracts. This bank guarantee is revaluated in UF to fixed term, non-endorsable and has a maturity date of January 9, 2025.

It also provided a cash guarantee in the amount of US$122,494.32 for the purpose of complying with the obligations to Pershing, for any operations conducted through that broker, additionally, there are US$1,609,521.39 for variable income operations.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

29.	Contingencies and Commitments, continued:
(c)	Guarantees granted by operations, continued:
---	---

A guarantee corresponding to UF 10,000 has been constituted, to guarantee compliance with the investment portfolio management service contract. Said guarantee corresponds to a non-endorsable fixed-term readjustable bond in UF issued by Banco de Chile with validity until January 27, 2026.

A guarantee corresponding to Ch$30.000.000 has been constituted, to guarantee the seriousness of the offer presented in the ADC bidding process. Beneficiary: Asociación Chilena de Seguridad. rut.70.360.100-6, valid until January 2, 2025.

iii.	In subsidiary Banchile Corredores de Seguros Ltda.:

According to established in article 58, letter D of D.F.L. 251, as of June 30, 2024 the entity maintains two insurance policies with effect from April 15, 2024 to April 14, 2025 which protect it against of potential damages caused by infractions of the law, regulations and complementary rules that regulate insurance brokers, especially when the non-compliance comes from acts, errors or omissions of the broker, its representatives, agents or dependents that participate in the intermediation.

The policies contracted are:

Matter insured	Amount Insured (UF)
Errors and omissions liability policy		500
Civil liability policy		60,000
(d)	Exempt Resolution No. 270 dated October 30, 2014, the Superintendency of Securities and Insurance (current<br>Commission for the Financial Market) imposed a fine of UF 50,000 to Banchile Corredores de Bolsa S.A. for violations of the second paragraph<br>of article 53 of the Securities Market Law, said company filed a claim with the competent Civil Court requesting the annulment of the<br>fine. On December 10, 2019, a judgement in the case was issued reducing the fine to the amount of UF 7,500, which was confirmed in the<br>second instance by the Illustrious Court of Appeals of Santiago. The intervening parties filed cassation appeals in form and substance<br>before the Supreme Court against the sentence in second instance.
---	---

The company has not made provisions considering that the Bank’s legal advisors in charge of the procedure estimate that there are solid grounds that the claim filed by Banchile Corredores de Bolsa S.A. can be accepted.

NOTES TO THE INTERIMCONSOLIDATED FINANCIAL STATEMENTS, continued

30.	Interest Revenue and Expenses:
(a)	At the end of the period, the summary of interest is as follows:
---	---
	For the six-months period ended June 30,				04.01.2024<br>to		04.01.2023<br>to
---	---	---	---	---	---	---	---	---
	2024		2023		06.30.2024		06.30.2023
	MCh		MCh		MCh		MCh
Interest revenue
Interest expenses		)		)		)		)
Total net interest income

All values are in US Dollars.

(b)	The composition of interest revenue is as follows:
	For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
---	---	---	---	---	---	---	---	---
	2024		2023		06.30.2024		06.30.2023
	MCh		MCh		MCh		MCh
Financial assets at amortized cost:
Rights from resale agreements and securities lending
Debt financial instruments
Loans and advances to Banks
Commercial loans
Residential mortgage loans
Consumer Loans
Other financial instruments
Financial assets at fair value through other comprehensive income:
Debt financial instruments
Other financial instruments
Income of accounting hedges of interest rate risk		)		)		)		)
Total

All values are in US Dollars.

(b.1)	At the end of the period, the stock of interest not recognized<br>in income is as follows:
	June	June
---	---	---
	2024	2023
	MCh	MCh
Commercial loans
Residential mortgage loans
Consumer Loans
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

30.	Interest Revenue and Expenses, continued:
(b.2)	The amount of interest recognized on a received basis for<br>impaired portfolio in the period amounts to:
---	---
	For the six-months period ended June 30,		04.01.2024 to	04.01.2023 to
---	---	---	---	---
	2024	2023	06.30.2024	06.30.2023
	MCh	MCh	MCh	MCh
Commercial loans
Residential mortgage loans
Consumer Loans
Total

All values are in US Dollars.

(c)	The composition of interest expenses is as follows:
	For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
---	---	---	---	---	---	---	---	---
	2024		2023		06.30.2024		06.30.2023
	MCh		MCh		MCh		MCh
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued
Other financial obligations
Lease liabilities
Financial instruments of regulatory capital issued
Income of accounting hedges of interest rate risk		)		)		)		)
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

30.	Interest Revenue and Expenses, continued:
(d)	As of June 30, 2024 and 2023, the Bank uses cross currency and interest rate swaps to hedge its position<br>on changes on the fair value of corporate bonds and commercial loans and cross currency swaps to hedge the risk of variability of obligations<br>flows with foreign banks and bonds issued in foreign currency.
---	---
	For<br> the six-months period ended June 30,												04.01.2024<br> to						04.01.2023<br> to
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	2024						2023						06.30.2024						06.30.2023
	Income		Expense		Total		Income		Expense		Total		Income		Expense		Total		Income		Expense		Total
	MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh		MCh
Gain<br> from fair value accounting hedges
Loss<br> from fair value accounting hedges
Gain<br> from cash flow accounting hedges
Loss<br> from cash flow accounting hedges		)		)		)		)		)		)		)		)		)		)		)		)
Net<br> gain on hedge items
Total		)						)						)						)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

31.	UF indexation revenue and expenses:
(a)	At the end of the period, the summary of UF indexation is<br>as follows:
---	---
	For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
---	---	---	---	---	---	---	---	---
	2024		2023		06.30.2024		06.30.2023
	MCh		MCh		MCh		MCh
UF indexation revenue
UF indexation expenses		)		)		)		)
Total net income from UF indexation

All values are in US Dollars.

(b)	The composition of UF indexation revenue is as follows
	For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
---	---	---	---	---	---	---	---	---
	2024		2023		06.30.2024		06.30.2023
	MCh		MCh		MCh		MCh
Financial assets at amortized cost:
Rights from resale agreements and securities lending
Debt financial instruments
Loans and advances to Banks
Commercial loans
Residential mortgage loans
Consumer Loans
Other financial instruments
Financial assets at fair value through other comprehensive income:
Debt financial instruments
Other financial instruments
Income of accounting hedges of UF, IVP, IPC indexation risk		)		)		)		)
Total

All values are in US Dollars.

(b.1)	At the end of the period, the stock of UF indexation not recognized<br>in results is as follows:
	June	June
---	---	---
	2024	2023
	MCh	MCh
Commercial loans
Residential mortgage loans
Consumer Loans
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

31.	UF indexation revenue and expenses, continued:
(b.2)	The amount of indexation recognized on the basis received<br>by the impaired portfolio in the period amounted to:
---	---
	For the six-months period ended June 30,		04.01.2024 to	04.01.2023 to
---	---	---	---	---
	2024	2023	06.30.2024	06.30.2023
	MCh	MCh	MCh	MCh
Commercial loans
Residential mortgage loans
Consumer Loans
Total

All values are in US Dollars.

(c)	The composition of UF indexation expenses is as follows:
	For the six-months period ended June 30,		04.01.2024 to	04.01.2023 to
---	---	---	---	---
****	2024	2023	06.30.2024	06.30.2023
	MCh	MCh	MCh	MCh
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued
Other financial obligations
Financial instruments of regulatory capital issued
Income of accounting hedges of UF, IVP, IPC indexation risk
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

31.	UF indexation revenue and expenses, continued:
(d)	As of June 30, 2024 and 2023, the Bank uses cross currency swaps to hedge the risk of variability of obligations<br>flows with foreign banks and bonds issued in foreign currency.
---	---
****	For<br> the six-months period ended June 30,									****	04.01.2024<br> to				****	04.01.2023<br> to				****
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	2024					2023					06.30.2024					06.30.2023
	Income		Expense	Total		Income		Expense	Total		Income		Expense	Total		Income		Expense	Total
	MCh		MCh	MCh		MCh		MCh	MCh		MCh		MCh	MCh		MCh		MCh	MCh
Gain<br> from fair value accounting hedges
Loss<br> from fair value accounting hedges
Gain<br> from cash flow accounting hedges
Loss<br> from cash flow accounting hedges		)			)		)			)		)			)		)			)
Net<br> gain on hedge items
Total		)			)		)			)		)			)		)			)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

32.	Income and Expeses from commissions:

The income and expenses for commissions that are shown in the Interim Consolidated Statement of Income for the period is as following:

	For the six-months period ended June 30,		04.01.2024 to	04.01.2023 to
****	2024	2023	06.30.2024	06.30.2023
****	MCh	MCh	MCh	MCh
Income from commissions and services rendered
Comissions from card services
Remuneration from administration of mutual funds, investment funds or others
Comissions from collections and payments
Comissions from portfolio management
Comissions from guarantees and letters of credit
Use of distribution channel
Brand use agreement
Insurance not related to the granting of credits to natural persons
Comissions from trading and securities management
Insurance related to the granting of credits to natural persons
Comissions from credit prepayments
Insurance not related to the granting of credits to legal entities
Comissions from lines of credit and current account overdrafts
Insurance related to the granting of credits to legal entities
Comissions from factoring operations services
Financial advisory services
Loan commissions with letters of credit
Other commission earned
Total
Expenses from commissions and services received
Commissions from card transactions
Expenses from obligations of loyalty and merit card customers programs
Interbank transactions
Commissions from use of card brands license
Comissions from securities transaction
Collections and payments
Other commissions from services received
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

33.	Net Financial income (expense):
(a)	The amount of net financial income (expense) shown in the Interim Consolidated Income Statement for the<br>period corresponds to the following concepts:
---	---
	For the six-months period ended June 30,				04.01.2024 to		04.01.2023 to
---	---	---	---	---	---	---	---	---
	2024		2023		06.30.2024		06.30.2023
Financial result from:	MCh		MCh		MCh		MCh
Financial assets held for trading at fair value through profit or loss:
Financial derivative contracts
Debt Financial Instruments
Other financial instruments
Financial liabilities held for trading at fair value through profit or loss:
Financial derivative contracts		)		)		)		)
Other financial instruments		)		)				)
Subtotal
Non-trading financial assets mandatorily measured at fair value through profit or loss:
Debt Financial Instruments
Other financial instruments
Financial assets designated as at fair value through profit or loss:
Debt Financial Instruments
Other financial instruments
Financial liabilities designated as at fair value through profit or loss:
Current accounts and other demand deposits and savings accounts and other time deposits
Debt instruments issued
Others
Derecognition of financial assets and liabilities at amortized cost and financial assets at fair value through other comprehensive income:
Financial assets at amortized cost
Financial assets at fair value through other comprehensive income				)
Financial liabilities at amortized cost
Financial instruments of regulatory capital issued
Subtotal				)
Exchange, indexation and accounting hedging of foreign currency:
Gain (loss) from foreign currency exchange		)
Gain (loss) from indexation for exchange rate				)		)
Net gain (loss) from derivatives in accounting hedges of foreign currency risk				)		)
Subtotal				)		)
Reclassification of financial assets for changes to business models:
From financial assets at amortized cost to financial assets held for trading at fair value through profit or loss
From financial assets at fair value through other comprehensive income to financial assets held for trading at fair value through profit or loss
Modifications of financial assets and liabilities:
Financial assets at amortized cost
Financial assets at fair value through other comprehensive income
Financial liabilities at amortized cost
Lease liabilities
Financial instruments of regulatory capital issued
Ineffective accounting hedges:
Gain (loss) from ineffective cash flow accounting hedges
Gain (loss) from ineffective accounting hedges of net investment abroad
Other type of accounting hedges:
Hedges of other types of financial assets
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

33.	Net Financial income (expense), continued:
(b)	Below is a detail of the income (expense) associated with the changes of provisions constituted for credit<br>risk related to loans and contingent loans denominated in foreign currency, which is reflected in “Exchange, indexation and accounting<br>hedging of foreign currency”.
---	---
	For the six-months period ended June 30,			04.01.2024 to	04.01.2023 to
---	---	---	---	---	---	---
****	2024	****	2023	06.30.2024	06.30.2023	****
	MCh		MCh	MCh	MCh
Loans and advances to Banks		)				)
Commercial loans		)				)
Residential mortgage loans
Consumer loans		)				)
Contingent loans		)				)
Total		)				)

All values are in US Dollars.

34.	Income attributable to investments in other companies:

The income obtained from investments in companies detailed in note No. 14 corresponds to the following:

		June	June
Company	Shareholder	2024	2023
		MCh	MCh
Associates
Transbank S.A.	Banco de Chile
Centro de Compensación Automatizado S.A.	Banco de Chile
Redbanc S.A.	Banco de Chile
Administrador Financiero de Transantiago S.A.	Banco de Chile
Sociedad Interbancaria de Depósitos de Valores S.A.	Banco de Chile
Servicios de Infraestructura de Mercado OTC S.A.	Banco de Chile
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Banco de Chile
Subtotal Associates
Joint Ventures
Servipag Ltda.	Banco de Chile
Artikos Chile S.A.	Banco de Chile
Subtotal Joint Ventures
Subtotal
Minority Investments
Holding Bursátil Regional S.A. (*)	Banchile Corredores de Bolsa
Banco Latinoamericano de Comercio Exterior S.A. (Bladex)	Banco de Chile
Bolsa Electrónica de Chile, Bolsa de Valores	Banchile Corredores de Bolsa
Sociedad de Infraestructuras de Mercado S.A. (*)	Banchile Corredores de Bolsa
Bolsa de Comercio de Santiago, Bolsa de Valores (*)	Banchile Corredores de Bolsa
Subtotal Minority Investments
Total

All values are in US Dollars.

(*)	See Note No. 14

NOTES TO THE INTERIMCONSOLIDATED FINANCIAL STATEMENTS, continued

35.	Result from non-current assets and disposal groups held for<br>sale not admissible as discontinued operations:

The composition of the results of non-current assets and disposal groups not eligible as discontinued operations during the periods 2024 and 2023 is as follows:

	June		June
	2024		2023
	MCh		MCh
Net income from assets received in payment or adjudicated in judicial auction
Gain (loss) on sale of assets received in lieu of payment or foreclosed at judicial auction
Other income from assets received in payment or foreclosed at judicial auction
Provisions for adjustments to net realizable value of assets received in lieu of payment or foreclosed at judicial auction		)		)
Charge-off assets received in lieu of payment or foreclosed at judicial auction		)		)
Expenses to maintain assets received in lieu of payment or foreclosed at judicial auction		)		)
Non-current assets held for sale
Investments in other companies
Intangible assets
Property and equipment
Assets for recovery of assets transferred in financial leasing operations
Other assets
Disposal groups held for sale
Total		)

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

36.	Other<br> operating Income and Expenses:
a)	During<br> the periods 2024 and 2023, the Bank and its subsidiaries present other operating income,<br> according to the following:
---	---
	June	June
---	---	---
	2024	2023
	MCh	MCh
Expense<br> recovery
Income from<br> investment properties
Revaluation<br> of prepaid monthly payments
Revaluation<br> of tax refunds from previous years
Foreign trade<br> income
Others income
Total

All values are in US Dollars.

b)	During<br> the periods 2024 and 2023, the Bank and its subsidiaries present other operating expenses,<br> according to the following:
	June		June
---	---	---	---	---
	2024		2023
	MCh		MCh
Write-offs<br> for operating risks
Expenses for<br> credit operations of financial leasing
Insurance premiums<br> expense to cover operational risk events
Legal expenses<br> and trials
Card administration
Provision for<br> pending operations (90 days)
Life ensurance
Valuation expense
Renegotiated<br> loan insurance premium
Provisions<br> for trials and litigation				)
Expenses for<br> charge-off leased assets recoveries
(Release) expense<br> of provisions for operational risk		)		)
Expense recovery<br> from operational risk events		)		)
Others expenses
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

37.	Expenses<br> from salaries and employee benefits:

The composition of the expense for employee benefit obligations during the periods 2024 and 2023 is as follows:

	June	June
	2024	2023
	MCh	MCh
Expenses<br> for short-term employee benefit
Expenses for<br> employee benefits due to termination of employment contract
Training expenses
Expenses for<br> nursery and kindergarten
Other personnel<br> expenses
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

38.	Administrative<br> expenses:

This item is composed as follows:

	June	June
	2024	2023
	MCh	MCh
General<br> administrative expenses
Information<br> technology and communications
Maintenance<br> and repair of property and equipment
Surveillance<br> and securities transport services
External advisory<br> services and professional services fees
Office supplies
External financial<br> information and fraud prevention service
Postal box,<br> mail, postage and home delivery services
Legal and notary<br> expenses
Energy, heating<br> and other utilities
External service<br> of custody of documentation
Donations
Other expenses<br> of obligations for lease contracts
Insurance premiums<br> except to cover operational risk events
Representation<br> and travel expenses
Expenses for<br> short-term leases
Card embossing<br> service
Fees for other<br> technical reports
Fees for review<br> and audit of the financial statements by the external auditor
Expenses for<br> leases low value
Fines applied<br> by other agencies
Other general<br> administrative expenses
Outsource<br> services
Technological<br> developments expenses, certification and technology testing
Data processing
External collection<br> service
External credit<br> evaluation service
External human<br> resources administration services and supply of external personnel
Other outsource<br> services
External cleaning<br> service, casino, custody of files and documents, storage of furniture and equipment
Call Center<br> service for sales, marketing, quality control customer service
Board<br> expenses
Board of Directors<br> Compensation
Other Board<br> expenses
Marketing
Taxes,<br> contributions and other legal charges
Contribution<br> to the banking regulator
Real estate<br> contributions
Taxes other<br> than income tax
Municipal patents
Other legal<br> charges
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

39.	Depreciation<br> and Amortization:

The amounts corresponding to charges to results for depreciation and amortization during the periods 2024 and 2023, are detailed as follows:

	June	June
	2024	2023
	MCh	MCh
Amortization<br> of intangibles assets
Other<br> intangible assets arising from business combinations
Other<br> independently originated intangible assets
Depreciation<br> of property and equipment
Buildings<br> and land
Other<br> property and equipment
Depreciation<br> and impairment of leased assets
Buildings<br> and land
Other<br> property and equipment
Depreciation<br> for improvements in leased real estate as leased of right-to-use assets
Amortization<br> for the right-to-use other intangible assets under lease
Depreciation<br> of other assets for investment properties
Amortization<br> of other assets per activity income asset
Total

All values are in US Dollars.

40.	Impairment<br> of non-financial assets:

As of June 30, 2024 and 2023, the composition of the item for impairment of non-financial assets is composed as follows:

	June	June
	2024	2023
	MCh	MCh
Impairment<br> of intangible assets
Impairment<br> of property and equipment
Impairment<br> of assets from income from ordinary activities from contracts with customers			)
Total			)

All values are in US Dollars.

41.	Credit<br> loss expense:
(a)	The composition<br> is as follows:
---	---
	For<br> the six-months period ended June 30,				04.01.2024<br> to<br> 06.30.2024		04.01.2023<br> to<br> 06.30.2023
---	---	---	---	---	---	---	---	---
	2024		2023
	MCh		MCh		MCh		MCh
Expense<br> of provisions established for loan credit risk
Expense<br> of special provisions for credit risk
Recovery<br> of written-off credits		)		)		)		)
Impairments<br> for credit risk from financial assets at fair value through other comprehensive income				)				)
Total

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense, continued:
(b)	Summary<br> of the expense of provisions constituted for credit risk and expense for credit losses:
---	---
****	Expense<br> of loans provisions constituted in the period												****
---	---	---	---	---	---	---	---	---	---	---	---	---	---
****	Normal Portfolio		****	Substandard<br> Portfolio	****	Non-Complying<br> Portfolio			****	Deductible<br> warranty	****		****
****	Evaluation		****	Evaluation	****	Evaluation			****	Fogape	****		****
As of June 30, 2024	Individual	Group	****	Individual	****	Individual	Group	Subtotal	****	Covid-19	****	Total	****
****	MCh	MCh		MCh	****	MCh	MCh	MCh	****	MCh	****	MCh	****
Loans<br> and advances to Banks
Provisions<br> established
Provisions<br> released
Subtotal
Commercial<br> loans
Provisions<br> established
Provisions<br> released			)		)				)		)		)
Subtotal			)		)						)
Residential<br> mortgage loans
Provisions<br> established
Provisions<br> released			)						)				)
Subtotal			)
Consumer<br> loans
Provisions<br> established
Provisions<br> released			)						)				)
Subtotal			)
Expense<br> (release) of provisions for credit risk			)		)						)
Recovery<br> of written-off credits
Loans<br> and advances to Banks
Commercial<br> loans													)
Residential<br> mortgage loans													)
Consumer<br> loans													)
Subtotal													)
Loan<br> credit loss expenses

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense, continued:

(b)	Summary<br> of the expense of provisions constituted for credit risk and expense for credit losses, continued;
****	Expense<br> of loans provisions constituted in the period													****
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
****	Normal Portfolio			****	Substandard<br> Portfolio	****	Non-Complying<br> Portfolio			****	Deductible<br> warranty	****		****
****	Evaluation			****	Evaluation	****	Evaluation			****	Fogape	****		****
As of June 30, 2023	Individual	****	Group	****	Individual	****	Individual	Group	Subtotal	****	Covid-19	****	Total	****
****	MCh	****	MCh		MCh	****	MCh	MCh	MCh	****	MCh	****	MCh	****
Loans and advances to Banks
Provisions established	—		—		—		—	—	—		—		—
Provisions<br> released		)								)				)
Subtotal		)								)				)
Commercial<br> loans
Provisions<br> established
Provisions<br> released		)				)				)		)		)
Subtotal		)				)						)
Residential<br> mortgage loans
Provisions<br> established
Provisions<br> released				)						)				)
Subtotal				)
Consumer<br> loans
Provisions<br> established
Provisions<br> released
Subtotal
Expense<br> (release) of provisions for credit risk		)				)						)
Recovery<br> of written-off credits
Loans<br> and advances to Banks
Commercial<br> loans														)
Residential<br> mortgage loans														)
Consumer<br> loans														)
Subtotal														)
Loan<br> credit loss expenses

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense, continued:

(c)	Summary<br> of expense for special provisions for credit risk:

	For the six-months<br> period ended June 30,				04.01.2024<br> to<br> 06.30.2024		04.01.2023<br> to<br> 06.30.2023
	2024		2023
	MCh		MCh		MCh		MCh
Expenses of provisions for contingent loans:
Loans<br> and advances to Banks
Commercial<br> loans				)		)		)
Consumer<br> loans		)		)				)
Expenses<br> form provisions for country risk for transactions with debtors with residence abroad
Expense<br> of special provisions for loans abroad
Expenses<br> of additional loan provisions:
Commercial<br> loans
Residential<br> mortgage loans
Consumer<br> loans
Expense<br> of other special provisions established for credit risk

All values are in US Dollars.

42.	Income<br> from discontinued operations:

As of June 30, 2024 and December 31, 2023, the Bank does not maintain income from discontinued operations.

43.	Related<br> Party Disclosures:

Related parties are considered to be those natural or legal persons who are in positions to directly or indirectly have significant influence through their ownership or management of the Bank and its subsidiaries, as set out in the Compendium of Accounting Standards for Banks and Chapter 12-4 of the current Compilation of Standards issued by the CMF.

According to the above, the Bank has considered as related parties those natural or legal persons who have a direct participation or through third parties on Bank ownership, where such participation exceeds 5% of the shares, and also people who, regardless of ownership, have authority and responsibility for planning, management and control of the activities of the entity or its subsidiaries. There also are considered as related the companies in which the parties related by ownership or management of the Bank have a share which reaches or exceeds 5%, or has the position of director, general manager or equivalent.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	Related Party Disclosures, continued:
(a)	Assets and<br> liabilities with related parties:
---	---
	Related<br> Party Type
---	---	---	---	---	---	---	---	---	---
Type of current assets and liabilities with related parties	Parent<br><br> Entity	Other<br> Legal<br> Entity		Key<br> Personnel of the<br> Consolidated Bank		Othe<br> Related Party		Total
As of June 30, 2024	MCh	MCh		MCh		MCh		MCh
ASSETS
Financial assets held for trading at fair value<br> through profit or loss:
Derivative<br> Financial Instruments
Debt<br> financial instruments
Other<br> financial instruments
Non-trading<br> financial assets mandatorily measured at fair value through profit or loss
Financial<br> assets designated as at fair value through profit or loss
Financial<br> assets at fair value through other comprehensive income
Derivative<br> Financial Instruments for hedging purposes
Financial<br> assets at amortized cost:
Rights<br> from resale agreements and securities lending
Debt<br> financial instruments
Commercial<br> loans
Residential<br> mortgage loans
Consumer<br> Loans
Allowances<br> established – loans			)		)		)		)
Other<br> assets
Contingent loans
LIABILITIES
Financial<br> liabilities held for trading at fair value through profit or loss:
Derivative<br> Financial Instruments
Financial<br> liabilities designated as at fair value through profit or loss
Derivative<br> Financial Instruments for hedging purposes
Financial<br> liabilities at amortized cost:
Current<br> accounts and other demand deposits
Saving<br> accounts and time deposits
Obligations<br> by repurchase agreements and securities lending
Borrowings<br> from financial institutions
Debt<br> financial instruments issued
Other<br> financial obligations
Lease liabilities
Other liabilities

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	Related Party Disclosures, continued:
(a)	Assets and<br> liabilities with related parties, continued:
---	---
	Related<br> Party Type
---	---	---	---	---	---	---	---	---	---
Type of current assets and liabilities with related parties	Parent<br><br> Entity	Other<br> Legal<br> Entity		Key<br> Personnel of the<br> Consolidated Bank		Othe<br> Related Party		Total
As of December 31, 2023	MCh	MCh		MCh		MCh		MCh
ASSETS
Financial assets held for trading at fair value through profit or loss:
Derivative<br> Financial Instruments
Debt<br> financial instruments
Other<br> financial instruments
Non-trading<br> financial assets mandatorily measured at fair value through profit or loss
Financial<br> assets designated as at fair value through profit or loss
Financial<br> assets at fair value through other comprehensive income
Derivative<br> Financial Instruments for hedging purposes
Financial<br> assets at amortized cost:
Rights<br> from resale agreements and securities lending
Debt<br> financial instruments
Commercial<br> loans
Residential<br> mortgage loans
Consumer<br> Loans
Allowances<br> established – loans			)		)		)		)
Other<br> assets
Contingent loans
LIABILITIES
Financial<br> liabilities held for trading at fair value through profit or loss:
Derivative<br> Financial Instruments
Financial<br> liabilities designated as at fair value through profit or loss
Derivative<br> Financial Instruments for hedging purposes
Financial<br> liabilities at amortized cost:
Current<br> accounts and other demand deposits
Saving<br> accounts and time deposits
Obligations<br> by repurchase agreements and securities lending
Borrowings<br> from financial institutions
Debt<br> financial instruments issued
Other<br> financial obligations
Lease liabilities
Other liabilities

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	Related Party Disclosures, continued:
(b)	Income and<br> expenses from related party transactions (*):
---	---
As of June 30, 2024	Parent<br> Entity	Other Legal<br> Entity		Key personnel<br> of the consolidated Bank	Other Related<br> party		Total
---	---	---	---	---	---	---	---	---
	MCh	MCh		MCh	MCh		MCh
Interest<br> revenue
UF<br> indexation revenue
Income<br> from commissions
Net<br> Financial income (expense)
Other<br> income
Total<br> Income
Interest<br> expense
UF<br> indexation expenses						)
Expenses<br> from commissions
Expenses<br> credit losses (gains)			)			)		)
Expenses<br> from salaries and employee benefits
Administrative<br> expenses
Other<br> expenses
Total<br> Expenses

All values are in US Dollars.

As of June 30, 2023	Parent<br> Entity	Other Legal<br> Entity		Key personnel<br> of the consolidated Bank		Other Related<br> party		Total
	MCh	MCh		MCh		MCh		MCh
Interest<br> revenue
UF<br> indexation revenue
Income<br> from commissions
Net<br> Financial income (expense)			)						)
Other<br> income
Total<br> Income
Interest<br> expense
UF<br> indexation expenses
Expenses<br> from commissions
Expenses<br> credit losses (gains)			)		)		)		)
Expenses<br> from salaries and employee benefits
Administrative<br> expenses
Other<br> expenses
Total<br> Expenses

All values are in US Dollars.

(*)	This<br>does not constitute a Statement of Income from operations with related parties since the assets with these parties are not necessarily<br>equal to the liabilities and in each of them the total income and expenses are reflected and not those corresponding to matched operations.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	Related Party Disclosures, continued:
(c)	Transactions<br> with related parties: Below are the individual transactions in the period with related parties<br> that are legal persons, which do not correspond to the usual operations of the line of business<br> carried out with customers in general and when said individual transactions consider a transfer<br> of resources, services or obligations greater than UF 2,000.
---	---
As of June 30, 2024
---	---	---	---	---	---	---	---	---	---	---	---
		Description<br> of the transaction						Effect<br> on Income		Effect<br> on Financial<br> position
Company<br> name	Nature<br> of the relationship with the Bank	Type<br> of service	Term		Renewal<br> conditions	Transactions<br> under equivalence conditions to those transactions with mutual independence between the parties	Amount MCh	Income MCh	Expenses MCh	Accounts<br> receivable MCh	Accounts<br> payable MCh
Ionix<br> SPA	Other<br> related parties	IT<br> support services		30<br> days	Contract	Yes
Servipag<br> Ltda.	Joint<br> venture	IT<br> support services		30<br> days	Contract	Yes
		Collection<br> services		30<br> days	Contract	Yes
Bolsa<br> de Comercio de Santiago, Bolsa de Valores	Minority<br> investments	Service<br> of financial information		30<br> days	Contract	Yes
		Brokerage<br> commission		30<br> days	Contract	Yes
		IT<br> support services		30<br> days	Contract	Yes
Enex<br> S.A.	Other<br> related parties	Rent<br> spaces for ATM		30<br> days	Contract	Yes
DCV<br> Registros S.A.	Other<br> related parties	IT<br> services		30<br> days	Contract	Yes
CCLV<br> Contraparte Central S.A.	Minority<br> investments	Brokerage<br> commission		30<br> days	Contract	Yes
Redbanc<br> S.A.	Associates	Electronic<br> transaction management services		30<br> days	Contract	Yes
		IT<br> services		30<br> days	Contract	Yes
		IT<br> proyect services		30<br> days	Contract	Yes
Depósito<br> Central de Valores S.A.	Other<br> related parties	Quality<br> control and custodial services		30<br> days	Contract	Yes
		Custodial<br> services		30<br> days	Contract	Yes
Manantial<br> S.A.	Other<br> related parties	General<br> expenses		30<br> days	Contract	Yes
Universidad<br> Adolfo Ibañez	Other<br> related parties	Training		30<br> days	Contract	Yes
Sociedad<br> Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Associates	Collection<br> services		30<br> days	Contract	Yes
Comder<br> Contraparte Central S.A.	Other<br> related parties	Securities<br> clearing services		30<br> days	Contract	Yes
Bolsa<br> Electrónica de Chile S.A.	Minority<br> investments	Brokerage<br> commission		30<br> days	Contract	Yes
Citigroup<br> Global Markets INC	Other<br> related parties	Brokerage<br> commission		30<br> days	Contract	Yes
Transbank<br> S.A.	Associates	Card<br> processing		30<br> days	Contract	Yes
		Exchange<br> commission		30<br> days	Contract	Yes
Centro<br> de Compensación Automatizado S.A.	Associates	Fraud<br> prevention services		30<br> days	Contract	Yes
		Transfer<br> services		30<br> days	Contract	Yes
		Collection<br> services		30<br> days	Contract	Yes
Artikos<br> Chile S.A.	Joint<br> venture	IT<br> support services		30<br> days	Contract	Yes
		IT<br> services		30<br> days	Contract	Yes
Citibank<br> N.A.	Other<br> related parties	Connectivity<br> business commissions		Quarterly	Contract	Yes
Nuevos<br> Desarrollos S.A.	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Vespucio SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Oeste SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> del Trebol SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Tobalaba SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> la Serena SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Inmobiliaria<br> Mall Calama S.A.	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	Related Party Disclosures, continued:
(c)	Transactions<br> with related parties, continued:
---	---

As of December 31, 2023
		Description<br> of the transaction						Effect<br> on Income		Effect<br> on Financial<br> position
Company<br> name	Nature<br> of the relationship with the Bank	Type<br> of service	Term		Renewal<br> conditions	Transactions<br> under equivalence conditions to those transactions with mutual independence between the parties	Amount MCh	Income MCh	Expenses MCh	Accounts<br> receivable MCh	Accounts<br> payable MCh
Ionix<br> SPA	Other<br> related parties	IT<br> license services		30<br> days	Contract	Yes
		IT<br> support services		30<br> days	Contract	Yes
Servipag<br> Ltda.	Joint<br> venture	IT<br> support services		30<br> days	Contract	Yes
		Collection<br> services		30<br> days	Contract	Yes
		Software<br> services		30<br> days	Contract	Yes
Bolsa<br> de Comercio de Santiago, Bolsa de Valores	Minority<br> investments	Service<br> of financial information		30<br> days	Contract	Yes
		Brokerage<br> commission		30<br> days	Contract	Yes
		IT<br> support services		30<br> days	Contract	Yes
Enex<br> S.A.	Other<br> related parties	Rent<br> spaces for ATM		30<br> days	Contract	Yes
DCV<br> Registros S.A.	Other<br> related parties	IT<br> services		30<br> days	Contract	Yes
CCLV<br> Contraparte Central S.A.	Minority<br> investments	Brokerage<br> commission		30<br> days	Contract	Yes
Redbanc<br> S.A.	Associates	Electronic<br> transaction management services		30<br> days	Contract	Yes
		IT<br> proyect services		30<br> days	Contract	Yes
		IT<br> services		30<br> days	Contract	Yes
		Fraud<br> prevention services		30<br> days	Contract	Yes
Sistemas<br> Oracle de Chile Ltda.	Other<br> related parties	IT<br> services		30<br> days	Contract	Yes
		IT<br> support services		30<br> days	Contract	Yes
Depósito<br> Central de Valores S.A.	Other<br> related parties	Quality<br> control and custodial services		30<br> days	Contract	Yes
		Custodial<br> services		30<br> days	Contract	Yes
Manantial<br> S.A.	Other<br> related parties	General<br> expenses		30<br> days	Contract	Yes
Universidad<br> Del Desarrollo	Other<br> related parties	Loyalty		30<br> days	Contract	Yes
Universidad<br> Adolfo Ibañez	Other<br> related parties	Training		30<br> days	Contract	Yes
Canal<br> 13 S.A.	Other<br> related parties	Advertising<br> service		30<br> days	Monthly	Yes
Nexus<br> S.A.	Other<br> related parties	General<br> income		30<br> days	Contract	Yes
		Card<br> processing		30<br> days	Contract	Yes
		IT<br> services		30<br> days	Contract	Yes
		Embossing<br> services		30<br> days	Contract	Yes
		Customer<br> product delivery services		30<br> days	Contract	Yes
		Fraud<br> prevention services		30<br> days	Contract	Yes
Sociedad<br> Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Associates	Collection<br> services		30<br> days	Contract	Yes
Comder<br> Contraparte Central S.A.	Other<br> related parties	Securities<br> clearing services		30<br> days	Contract	Yes
Bolsa<br> Electrónica de Chile S.A.	Minority<br> investments	Brokerage<br> commission		30<br> days	Contract	Yes
		Service<br> of financial information		30<br> days	Contract	Yes
Citigroup<br> Global Markets INC	Other<br> related parties	Brokerage<br> commission		30<br> days	Contract	Yes
Transbank<br> S.A.	Associates	Card<br> processing		30<br> days	Contract	Yes
		Project<br> consultation		30<br> days	Contract	Yes
		Exchange<br> commission		30<br> days	Contract	Yes
Centro<br> de Compensación Automatizado S.A.	Associates	Fraud<br> prevention services		30<br> days	Contract	Yes
		Transfer<br> services		30<br> days	Contract	Yes
		Collection<br> services		30<br> days	Contract	Yes
Artikos<br> Chile S.A.	Joint<br> venture	IT<br> support services		30<br> days	Contract	Yes
		IT<br> services		30<br> days	Contract	Yes
Citibank<br> N.A.	Other<br> related parties	Connectivity<br> business commissions		Quarterly	Contract	Yes
Nuevos<br> Desarrollos S.A.	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Vespucio SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Oeste SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> del Trébol SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Tobalaba SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> la Serena SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Inmobiliaria<br> Mall Calama S.A.	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes
Plaza<br> Antofagasta SPA	Other<br> related parties	Financial<br> lease agreements		30<br> days	Contract	Yes

All values are in US Dollars.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	Related Party Disclosures, continued:

(d)	Payments<br> to the Board of Directors and to key personnel of the management of the Bank and its subsidiaries:

	June	June
	2024	2023
	MCh	MCh
Directory:
Payment<br> of remuneration and attendance fees of the Board of Directors - Bank and its subsidiaries
Key<br> Personnel of the Management of the Bank and its Subsidiaries:
Payment<br> for benefits to short-term employees
Payment<br> for benefits to employees for termination of employment contract
Payment<br> for benefits to post-employment employees
Payment<br> for benefits to long-term employees
Payment<br> to employees based on shares or equity instruments
Payment<br> for obligations for defined contribution post-employment plans
Payment<br> for obligations for post-employment defined benefit plans
Payment<br> for other staff obligations
Subtotal
Total

All values are in US Dollars.

(e)	Composition<br> of the Board of Directors and key personnel of the Management of the Bank and its subsidiaries:
	June		June
---	---	---	---	---
	2024		2023
	No. Executives
Directory:		16		17
Directors – Bank and its subsidiaries
Key Personnel of the Management<br> of the Bank and its Subsidiaries:
CEO – Bank		1		1
CEOs – Subsidiaries		5		5
Division Managers / Area – Bank		84		92
Division Managers /<br> Area – Subsidiaries		27		32
Subtotal		117		130
Total		133		147

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair<br> Value of Financial Assets and Liabilities:

Banco de Chile and its subsidiaries have defined a corporate framework for valuation and control related with the process to the fair value measurement.

Within the established framework includes the Product Control Unit, which is independent of the business areas and reports to the Financial Management Control and Division Manager. This function befall to the Financial Control, Treasury and Capital Manager, through the Financial Risk Information and Control Section, is responsible for independent verification of price and results of trading (including derivatives) and investment operations and all fair value measurements.

To achieve the appropriate measurements and controls, the Bank and its subsidiaries, take into account at least the following aspects:

(i)	Industry<br> standard valuation.

To value financial instruments, Banco de Chile uses industry standard modeling; quota value, share price, discounted cash flows and valuation of options through Black-Scholes-Merton, according to the case.

The input parameters for the valuation of fixed income instruments and options correspond to rates, prices and volatility levels for different terms and market factors that are traded in the national and international market and that are provided by the main sources of the market.

In the case of the valuation of derivatives under a CSA (Credit Support Annex Discounting) agreement, the rates used to discount the flows correspond to the CSA Discounting methodology, where the discount factors used depend on the collateral agreement that exists with each counterparty.

(ii)	Quoted<br> prices in active markets.

The fair value for instruments with quoted prices in active markets is determined using daily quotes from electronic systems information (such as Bolsa de Comercio de Santiago, Bloomberg, LVA and Risk America, etc). This quote represents the price at which these instruments are regularly traded in the financial markets.

(iii)	Valuation<br> techniques.

If no specific quotes are available for the instrument to be valued, valuation techniques will be used to determine the fair value.

Due to, in general, the valuation models require a set of market parameters as inputs, the aim is to maximize information based on observable or price-related quotations for similar instruments in active markets. To the extent there is no information in direct from the markets, data from external suppliers of information, prices of similar instruments and historical information are used to validate the valuation parameters.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:

(iv)	Fair<br> value adjustments.

Part of the fair value process considers four adjustments to the market value, calculated based on the market parameters, including; a liquidity adjustment, a Bid/Offer adjustment, an adjustment for derivative credit risk (CVA and DVA), and an adjustment for the funding of the derivative cash flows (FVA). Likewise, for certain fixed income instruments held in investment portfolios measured at fair value through other comprehensive income or at amortized cost, the portion of the fair value adjustment explained by impairment due to counterparty credit risk is determined.

The calculation of the liquidity adjustment considers the size of the position in each factor, the particular liquidity of each factor, the relative size of Banco de Chile with respect to the market, and the liquidity observed in transactions recently carried out in the market. In turn, the Bid/Offer adjustment, represents the impact on the valuation of an instrument depending on whether the position corresponds to a long (bought) or a short (sold). To calculate this adjustment is used the direct quotes from active markets or indicative prices or derivatives of similar assets depending on the instrument, considering the Bid, Mid and Offer, respectively. Finally, the adjustment made for CVA and DVA for derivatives corresponds to the credit risk recognition of the issuer, either of the counterparty (CVA) or of Banco de Chile (DVA). Similarly, the determination of credit risk impairment is determined based on the counterparty risk implicit in the instrument's market rate. Finally, the FVA adjustment for derivatives corresponds to a value adjustment that reflects the expected cost (or benefit) of financing (reinvesting) the cash flows of the derivative, with respect to a reference discount rate, when there are no collaterals or this one is imperfect.

It should be noted that there is also the concept of COLVA for derivatives, which is an adjustment to the valuation if a derivative is valued with parameters other than those used in the CSA Discounting methodology, mentioned above. As the valuation methodology used by Banco de Chile is CSA Discounting, the COLVA is already part of the Mark-to-Market (MTM) of the derivative and no additional adjustment is required for this concept. In any case, the Bank measures a COLVA for internal management purposes, with respect to a SOFR Discounting scenario (scenario where all derivatives have USD SOFR collateral).

Liquidity value adjustments are made to trading instruments (including derivatives) only, while Bid / Offer adjustments are made for trading instruments and Financial instrument at fair value through Other Comprehensive Income. Adjustments for CVA / DVA/FVA/COLVA are carried out only for derivatives. For its part, credit risk impairment is computed only for fixed income instruments measured at fair value through other comprehensive income and fixed income instruments measured at amortized cost.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(v)	Fair<br> value control.
---	---

A process of independent verification of prices and interest rates is executed daily, in order to control that the market parameters used by Banco de Chile in the valuation of the financial instruments relating to the current state of the market and from them the best estimate derived of the fair value. The objective of this process is to control that the official market parameters provided by the respective business areas, before being entered into the valuation, are within acceptable ranges of differences when compared to the same set of parameters prepared independently by the Financial Risk Information and Control Section. As a result, value differences are obtained at the level of currency, product and portfolio. In the event significant differences exist, these differences are scaled according to the amount of individual materiality of each market factor and aggregated at the portfolio level, according to the grouping levels within previously defined ranges. These ranges are approved by the Finance, International and Financial Risk Committee.

Complementary and in parallel, the Financial Risk Information and Control Section generates and reports on a daily basis Profit and Loss (“P&L”) and Exposure to Market Risks, which allow for proper control and consistency of the parameters used in the valuation.

(vi)	Judgmental<br> analysis and information to Management.

In particular cases, where there are no market quotations for the instrument to be valued and there are no prices for similar transactions instruments or indicative parameters, a specific control and a reasoned analysis must be carried out in order to estimate the fair value of the operation. Within the valuation framework described in the Reasonable Value Policy (and its procedure) approved by the Board of Directors of Banco de Chile, a required level of approval is set in order to carry out transactions where market information is not available or it is not possible to infer prices or rates from it.

(a)	Hierarchy<br> of instrument valued at Fair value:

Banco de Chile and its subsidiaries, classify all the financial instruments among the following levels:

Level 1:	These<br> are financial instruments whose fair value is calculated at quoted prices (unadjusted) in<br> extracted from liquid and deep markets. For these instruments there are quotes or prices<br> (return internal rates, quote value, price) the observable market, so that assumptions are<br> not required to determine the value.

In this level, the following instruments are considered: currency futures, debt instruments issued by the Treasury and the Central Bank of Chile, which belong to benchmarks, mutual fund investments and equity shares.

For the instruments of the Central Bank of Chile and the General Treasury of the Republic, all those mnemonics belonging to a Benchmark, in other words corresponding to one of the following categories published by the Santiago Stock Exchange, will be considered as Level 1: Pesos-02, Pesos-03, Pesos-04, Pesos-05, Pesos-07, Pesos-10, UF-02, UF-04, UF-05, UF-07, UF-10, UF-20, UF-30.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:

A Benchmark corresponds to a group of mnemonics that are similar in duration and are traded in an equivalent way, i.e., the price (return internal rates in this case) obtained is the same for all the instruments that make up a Benchmark. This feature defines a greater depth of market, with daily quotations that allow classifying these instruments as Level 1.

In the case of debt issued by the Chilean Government, the internal rate of return of the market is used to discount all flows to present value. In the case of mutual funds and equity shares, the current market price per share, which multiplied by the number of instruments results in the fair value.

The preceding described valuation methodology is equivalent to the one used by the Bolsa de Comercio de Santiago (Santiago Stock Exchange) and correspond to the standard methodology used in the market.

Level 2:	They<br> are financial instruments whose fair value is calculated based on prices other than in quoted<br> in Level 1 that are observable for the asset or liability, directly (that is, as prices or<br> internal rates of return) or indirectly (that is, derived from prices or internal rates of<br> return from similar instruments). These categories include:
a)	Quoted<br> prices for similar assets or liabilities in active markets.
---	---
b)	Quoted<br> prices for identical or similar assets or liabilities in markets that are not active.
---	---
c)	Inputs<br> data other than quoted prices that are observable for the asset or liability.
---	---
d)	Inputs<br> data corroborated by the market.
---	---

At this level there are mainly derivatives instruments, debt issued by banks, debt issues of Chilean and foreign companies, issued in Chile or abroad, mortgage claims, financial brokerage instruments and some issuances by the Central Bank of Chile and the General Treasury of the Republic, which do not belong to benchmarks.

To value derivatives, depends on whether they are impacted by volatility as a relevant market factor in standard valuation methodologies; for options the Black-Scholes-Merton formula is used; for the rest of the derivatives, forwards and swaps, discounted cash flows method is used.

For the remaining instruments at this level, as for debt issues of level 1, the valuation is done through cash flows model by using an internal rate of return that can be derived or estimated from internal rates of return of similar securities as mentioned above.

In the event that there is no observable price for an instrument in a specific term, the price will be inferred from the interpolation between periods that have observable quoted price in active markets. These models incorporate various market variables, including the credit quality of counterparties, exchange rates and interest rate curves.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:

Valuation Techniques and Inputs for Level 2 Instrument:

Type of Financial <br><br> Instrument	Valuation Method	Description: Inputs and Sources
Local<br> Bank and Corporate Bonds	Discounted<br> cash flows model	Prices<br> (internal rates of return) are provided by third party price providers that are widely used<br> in the Chilean market.<br><br> <br><br><br> <br>Model<br> is based on a Base Yield (Central Bank Bonds) and issuer spread.<br><br> <br><br><br> <br>The<br> model is based on daily prices and risk/maturity similarities between Instruments.
Offshore<br> Bank and Corporate Bonds		Prices<br> are provided by third party price providers that are widely used in the Chilean market.<br><br> <br><br><br> <br>Model<br> is based on daily prices.
Local<br> Central Bank and Treasury Bonds		Prices<br> (internal rates of return) are provided by third party price providers that are widely used<br> in the Chilean market.<br><br> <br><br><br> <br>Model<br> is based on daily prices.
Mortgage<br> Notes		Prices<br> (internal rates of return) are provided by third party price providers that are widely used<br> in the Chilean market.<br><br> <br><br><br> <br>Model<br> is based on a Base Yield (Central Bank Bonds) and issuer spread.<br><br> <br><br><br> <br>The<br> model takes into consideration daily prices and risk/maturity similarities between instruments.
Time<br> Deposits		Prices<br> (internal rates of return) are provided by third party price providers that are widely used<br> in the Chilean market.<br><br> <br><br><br> <br>Model<br> is based on daily prices and considers risk/maturity similarities between instruments.
Cross<br> Currency Swaps, Interest Rate Swaps, FX Forwards, Inflation Forwards		Forward<br> Points, Inflation forecast and local swap rates are provided by market brokers that are widely<br> used in the Chilean market.<br><br> <br><br><br> <br>Offshore<br> rates and spreads are obtained from third party price providers that are widely used in the<br> Chilean market.<br><br> <br><br><br> <br>Zero<br> Coupon rates are calculated by using the bootstrapping method over swap rates.
FX<br> Options	Black-Scholes<br> Model	Prices<br> for volatility surface estimates are obtained from market brokers that are widely used in the Chilean market.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

Level 3:

These are financial instruments whose fair value is determined using non-observable inputs data neither for the assets or liabilities under analysis nor for similar instruments. An adjustment to an input that is significant to the entire measurement can result in a fair value measurement classified within Level 3 of the fair value hierarchy, if the adjustment uses significant non-observable data entry.

---

The instruments likely to be classified as level 3 are mainly Corporate Debt by Chilean and foreign companies, issued both in Chile and abroad.

Valuation Techniques and Inputs for Level 3 Instrument:

Type of Financial Instrument	Valuation Method	Description: Inputs and Sources
Local<br> Bank and Corporate Bonds	Discounted<br> cash flows model	Since<br> inputs for these types of securities are not observable by the market, we model interest rate of returns for them based on a Base<br> Yield (Central Bank Bonds) and issuer spread. These inputs (base yield and issuer spread) are provided on a daily basis by third<br> party price providers that are widely used in the Chilean market.
Offshore<br> Bank and Corporate Bonds	Discounted<br> cash flows model	Since<br> inputs for these types of securities are not observable by the market, we model interest rate of returns for them based on a Base<br> Yield (US-Libor) and issuer spread. These inputs (base yield and issuer spread) are provided on a weekly basis by third party price<br> providers that are widely used in the Chilean market.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(b)	Level chart:
---	---

The following table shows the classification by levels, for financial instruments registered at fair value.

	Level<br> 1		Level<br> 2		Level<br> 3		Total
	June	December	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023	2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Financial<br> Assets
Financial<br> Assets held for trading at fair value through profit or loss
Derivative<br> contracts financial:
Forwards
Swaps
Call<br> Options
Put<br> Options
Futures
Subtotal
Debt<br> Financial Instruments:
From<br> the Chilean Government and Central Bank
Other<br> debt financial instruments issued in Chile
Financial<br> debt instruments issued Abroad
Subtotal
Others
Financial<br> Assets at fair value through Other Comprehensive Income
Debt<br> Financial Instruments: (1)
From<br> the Chilean Government and Central Bank
Other<br> debt financial instruments issued in Chile
Financial<br> debt instruments issued Abroad
Subtotal
Derivative<br> contracts financial for hedging purposes
Forwards
Swaps
Call<br> Options
Put<br> Options
Futures
Subtotal
Total
Financial<br> Liabilities
Financial<br> liabilities held for trading at fair value through profit or loss:
Derivative<br> contracts financial:
Forwards
Swaps
Call<br> Options
Put<br> Options
Futures
Subtotal
Others
Derivative<br> contracts financial for hedging purposes
Forwards
Swaps
Call<br> Options
Put<br> Options
Futures
Subtotal
Total

All values are in US Dollars.

(1)	As of June 30, 2024, 100% of instruments of Level 3 have denomination “Investment Grade”. Also, 100% of total of these financial<br>instruments correspond to domestic issuers.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(c)	Level 3 reconciliation:
---	---

The following table shows the reconciliation between the balances at the beginning and at the end of period for those instruments classified in Level 3, whose fair value is reflected in the Interim Consolidated Financial Statements:

	June 2024
	Balance as of January 1,<br> 2024	Gain (Loss) Recognized in Income (1)	Gain (Loss) Recognized in Equity (2)	Purchases	Sales		Transfer from Level 1<br> and 2	Transfer to Level 1 and 2		Balance as of June 30, 2024
	MCh	MCh	MCh	MCh	MCh		MCh	MCh		MCh
Financial Assets held for trading at fair value through profit or loss
Debt Financial Instruments:
Other debt financial instruments issued in Chile						)
Subtotal						)
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile						)			)
Subtotal						)			)
Total						)			)

All values are in US Dollars.

	December 2023
	Balance as of January 1,<br> 2023	Gain (Loss) Recognized in Income (1)	Gain (Loss) Recognized in Equity (2)		Purchases	Sales		Transfer from Level 1<br> and 2	Transfer to Level 1 and 2		Balance as of December 31,<br> 2023
	MCh	MCh	MCh		MCh	MCh		MCh	MCh		MCh
Financial Assets held for trading at fair value through profit or loss
Debt Financial Instruments:
Other debt financial instruments issued in Chile							)			)
Subtotal							)			)
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile				)			)			)
Subtotal				)			)			)
Total				)			)			)

All values are in US Dollars.

(1)	Recorded in income under item “Net Financial income (expense)”.
(2)	Recorded in equity under item “Accumulated other comprehensive<br>income”.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(d)	Sensitivity of instruments classified in Level 3 to changes in key assumptions of models:
---	---

The following table shows the sensitivity, by type of instrument, of those instruments classified in Level 3 using alternative in key valuation assumptions:

	As of June 30, 2024			As of December 31, 2023
	Level 3	Sensitivity to changes in key assumptions of models		Level 3	Sensitivity to changes in key assumptions of models
	MCh	MCh		MCh	MCh
Financial Assets held for trading at fair value through profit or loss
Debt Financial Instruments:
Other debt financial instruments issued in Chile			)			)
Subtotal			)			)
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile			)			)
Subtotal			)			)
Total			)			)

All values are in US Dollars.

With the purpose of determining the sensitivity of the financial investments to changes in significant market factors, the Bank has made alternative calculations at fair value, changing those key parameters for the valuation and which are not directly observable in screens. In the case of the financial assets listed in the table above, which correspond to Bank Bonds and Corporate Bonds, it was considered that, since there are no current observables prices, the input prices will be based on brokers' quotes. The prices are usually calculated as a base rate plus a spread. For Local Bonds it was determined to apply a 10% impact on the price, while for the Off Shore Bonds it was determined to apply a 10% impact only on the spread, since the base rate is covered by interest rate swaps instruments in the so-called accounting hedges. The 10% impact is considered reasonable, taking into account the market performance of these instruments and comparing it against the bid / offer adjustment that is provisioned by these instruments.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(e)	Other assets and liabilities:
---	---

The following table summarizes the fair values of the Bank’s main financial assets and liabilities that are not recorded at fair value in the Consolidated Statement of Financial Position. The values shown in this note are not attempt to estimate the value of the Bank’s income-generating assets, nor forecast their future behavior. The estimated fair value is as follows:

	Book Value		Estimated Fair Value
	June	December	June	December
	2024	2023	2024	2023
	MCh	MCh	MCh	MCh
Assets
Cash and due from banks
Transactions in the course of collection
Subtotal
Financial assets at amortized cost:
Rights from resale agreements and securities lending
Debt financial instruments
Loans and advances to Banks:
Domestic banks
Central Bank of Chile
Foreign banks
Subtotal
Loans to customers, net:
Commercial loans
Residential mortgage loans
Consumer loans
Subtotal
Total
Liabilities
Transactions in the course of payment
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued:
Letters of credit for residential purposes
Letters of credit for general purposes
Bonds
Other financial obligations
Subtotal
Financial instruments of regulatory capital issued:
Subordinate bonds
Total

All values are in US Dollars.

Other financial assets and liabilities not measured at their fair value, but for which a fair value is estimated, even if not managed based on such value, include assets and liabilities such as placements, deposits and other time deposits, debt issued, and other financial assets and obligations with different maturities and characteristics. The fair value of these assets and liabilities is calculated using the Discounted Cash Flow model and the use of various data sources such as yield curves, credit risk spreads, etc. In addition, due to some of these assets and liabilities are not traded on the market, periodic reviews and analyzes are required to determine the suitability of the inputs and determined fair values.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(f)	Levels of other assets and liabilities:
---	---

The following table shows the estimated fair value of financial assets and liabilities not valued at their fair value, as of June 30, 2024 and December 31, 2023:

	Level<br> 1<br> Estimated Fair Value		Level<br> 2 <br>Estimated Fair Value		Level<br> 3<br> Estimated Fair Value		Total<br> <br>Estimated Fair Value
	June	December	June	December	June	December	June	December
	2024	2023	2024	2023	2024	2023	2024	2023
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Assets
Cash<br> and due from banks
Transactions<br> in the course of collection
Subtotal
Financial<br> assets at amortized cost:
Rights<br> from resale agreements and securities lending
Debt<br> financial instruments
Loans<br> and advances to Banks:
Domestic<br> banks
Central<br> Bank of Chile
Foreign<br> banks
Subtotal
Loans<br> to customers, net:
Commercial<br> loans
Residential<br> mortgage loans
Consumer<br> loans
Subtotal
Total
Liabilities
Transactions<br> in the course of payment
Financial<br> liabilities at amortized cost:
Current<br> accounts and other demand deposits
Saving<br> accounts and time deposits
Obligations<br> by repurchase agreements and securities lending
Borrowings<br> from financial institutions
Debt<br> financial instruments issued:
Letters<br> of credit for residential purposes
Letters<br> of credit for general purposes
Bonds
Other<br> financial obligations
Subtotal
Financial<br> instruments of regulatory capital issued:
Subordinate<br> bonds
Total

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATEDFINANCIAL STATEMENTS, continued

44.	Fair Value of Financial Assets and Liabilities, continued:
(f)	Levels of other assets and liabilities, continued:
---	---

The Bank determines the fair value of these assets and liabilities according to the following:

●	Short-term assets and liabilities: For assets and liabilities with short-term maturity, it is assumed<br>that the book values approximate to their fair value. This assumption is applied to the following assets and liabilities:
Assets:	Liabilities:
---	---
- Cash and deposits in banks	- Current accounts and other demand deposits
- Transactions in the course of collection	- Transactions in the course of payments
- Investment under resale agreements and securities loans	- Obligations under repurchase agreements and securities loans
- Loans and advance to domestic banks (including the Central Bank of Chile)
●	Loans to Customers and Advance to foreign banks: Fair value is determined by using the discounted cash<br>flow model and internally generated discount rates, based on internal transfer rates derived from our internal transfer price process.<br>Once the present value is determined, we deduct the related loan loss allowances in order to incorporate the credit risk associated with<br>each contract or loan. As we use internally generated parameters for valuation purposes, we categorize these instruments in Level 3.
---	---
●	Debt financial instruments at amortized cost: The fair value is calculated with the methodology of the<br>Stock Exchange, using the IRR observed in the market. Because the instruments that are in this category correspond to Treasury Bonds that<br>are Benchmark, they are classified in Level 1.
---	---
●	Letters of Credit and Bonds: In order to determine the present value of contractual cash flows, we apply<br>the discounted cash flow model by using market interest rates that are available in the market, either for the instruments under valuation<br>or instruments with similar features that fit valuation needs in terms of currency, maturities and liquidity. The market interest rates<br>are obtained from third party price providers widely used by the market. As a result of the valuation technique and the quality of inputs<br>(observable) used for valuation, we categorize these financial liabilities in Level 2.
---	---
●	Saving Accounts, Time Deposits, Borrowings from Financial Institutions (including the Central Bank of<br>Chile), Subordinated Bonds and Other borrowings financial: The discounted cash flow model is used to obtain the present value of committed<br>cash flows by applying a bucket approach and average adjusted discount rates that derived from both market rates for instruments with<br>similar features and our internal transfer price process. As we use internally generated parameters and/or apply significant judgmental<br>analysis for valuation purposes, we categorize these financial liabilities in Level 3.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

45.	Maturity according to their remaining Terms of Financial Assets and Liabilities:

The table below details the main financial assets and liabilities grouped in accordance with their remaining maturity, including capitals and accrued interest as of June 30, 2024 and December 31, 2023. As these are for trading and Financial instrument at fair value through other comprehensive income are included at their fair value:

	June<br> 2024
	Demand	Up<br> to<br> 1 month	Over<br><br> 1 month<br> and up to<br> 3 months	Over<br> <br>3 month<br> and up to<br> 12 months	Subtotal<br><br> up to<br> 1 year	Over<br><br> 1 year<br> and up to 3 years	Over<br> <br>3 year<br> and up to<br> 5 years	Over<br><br> 5 years	Subtotal<br><br> over<br> 1 year	Total
Assets	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Cash<br> and due from banks
Transactions<br> in the course of collection
Financial<br> assets held for trading at fair value through profit or loss:
Derivative<br> contracts financial
Debt<br> financial instruments
Others
Financial<br> assets at fair value through other comprehensive income
Derivative<br> contracts financial for hedging purposes
Financial<br> assets at amortized cost:
Rights<br> from resale agreements and securities lending
Debt<br> financial instruments (*)
Loans<br> and advances to Banks (**)
Loans<br> to customers, net (**)
Total<br> financial assets

All values are in US Dollars.

	June<br> 2024
	Demand		Up<br> to<br> 1 month		Over<br><br> 1 month<br> and up to<br> 3 months		Over<br> <br>3 month<br> and up to<br> 12 months	Subtotal<br><br> up to <br>1 year		Over<br> <br>1 year<br> and up to<br> 3 years	Over<br><br> 3 year<br> and up to<br> 5 years	Over<br>5<br>years	Subtotal<br><br> over <br>1 year	Total
Liabilities	MCh		MCh		MCh		MCh	MCh		MCh	MCh	MCh	MCh	MCh
Transactions<br> in the course of payment
Financial<br> liabilities held for trading at fair value through profit or loss:
Derivative<br> contracts financial
Others
Derivative<br> contracts financial for hedging purposes
Financial<br> liabilities at amortized cost:
Current<br> accounts and other demand deposits
Saving<br> accounts and time deposits (***)
Obligations<br> by repurchase agreements and securities lending
Borrowings<br> from financial institutions
Debt<br> financial instruments issued:
Letters<br> of credit
Bonds
Other<br> financial obligations
Lease<br> liabilities
Financial<br> instruments of regulatory capital issued
Total<br> financial liabilities
Mismatch		)		)		)			)

All values are in US Dollars.

(*)	These balances are presented without deduction of impairment,<br>wich amount to Ch$102 million.
(**)	These balances are presented without deduction of their respective<br>provisions, which amount to Ch$786,140 million for loans to customers and Ch$888 million for borrowings from financial institutions.
---	---
(***)	Excludes term saving accounts, which amount to Ch$362,001<br>million.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

45.	Maturity according to their remaining Terms of Financial Assets and Liabilities, continued:

	December<br> 2023
	Demand	Up<br> to <br>1 month	Over<br><br> 1 month<br> and up to<br> 3 months	Over<br><br> 3 month<br> and up to<br> 12 months	Subtotal<br><br> up to <br>1 year	Over<br><br> 1 year<br> and up to<br> 3 years	Over<br> <br>3 year<br> and up to<br> 5 years	Over<br>5<br>years	Subtotal<br><br> over<br> 1 year	Total
Assets	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Cash<br> and due from banks
Transactions<br> in the course of collection
Financial<br> assets held for trading at fair value through profit or loss:
Derivative<br> contracts financial
Debt<br> financial instruments
Others
Financial<br> assets at fair value through other comprehensive income
Derivative<br> contracts financial for hedging purposes
Financial<br> assets at amortized cost:
Rights<br> from resale agreements and securities lending
Debt<br> financial instruments (*)
Loans<br> and advances to Banks (**)
Loans<br> to customers, net (**)
Total<br> financial assets

All values are in US Dollars.

	December<br> 2023
	Demand		Up<br> to <br>1 month	Over<br><br> 1 month<br> and up to<br> 3 months		Over<br><br> 3 month<br> and up to<br> 12 months	Subtotal<br><br> up to <br>1 year		Over<br> <br>1 year<br> and up to<br> 3 years	Over<br><br> 3 year<br> and up to<br> 5 years	Over<br>5<br>years	Subtotal<br><br> over<br> 1 year	Total
Liabilities	MCh		MCh	MCh		MCh	MCh		MCh	MCh	MCh	MCh	MCh
Transactions<br> in the course of payment
Financial<br> liabilities held for trading at fair value through profit or loss:
Derivative<br> contracts financial
Others
Derivative<br> contracts financial for hedging purposes
Financial<br> liabilities at amortized cost:
Current<br> accounts and other demand deposits
Saving<br> accounts and time deposits (***)
Obligations<br> by repurchase agreements and securities lending
Borrowings<br> from financial institutions
Debt<br> financial instruments issued
Letters<br> of credit
Bonds
Other<br> financial obligations
Lease<br> liabilities
Financial<br> instruments of regulatory capital issued
Total<br> financial liabilities
Mismatch		)			)			)

All values are in US Dollars.

(*)	These balances are presented without deduction of impairment,<br>wich amount to Ch$58 million.
(**)	These balances are presented without deduction of their respective<br>provisions, which amount to Ch$768,968 million for loans to customers and Ch$751 million for borrowings from financial institutions.
---	---
(**)	Excludes term saving accounts, which amount to Ch$355,725<br>million.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

46.	Financial and Non-Financial Assets and Liabilities by Currency:
As<br> of June 30, 2024	CLP		CLF	FX<br> Indexation			COP			CHF				CNY	Others		TOTAL
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh		MCh	MCh	MCh		MCh	MCh	MCh	MCh		MCh		MCh	MCh		MCh
Assets
Financial<br> assets
Non-Financial<br> assets
Total<br> Assets
Liabilities
Financial<br> liabilities
Non-Financial<br> liabilities
Total<br> Liabilities
Mismatch<br> of Financial Assets and Liabilities (*)		)				)					)		)			)

All values are in US Dollars.

(*)	This value does not consider non-financial assets and liabilities<br>and the notional values of derivative instruments, which are disclosed at fair value.
As<br> of December 31, 2023	CLP		CLF	FX<br> Indexation			COP				CHF				CNY	Others		TOTAL
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh		MCh	MCh	MCh		MCh	MCh	MCh		MCh		MCh		MCh	MCh		MCh
Assets
Financial<br> assets
Non-Financial<br> assets
Total<br> Assets
Liabilities
Financial<br> liabilities
Non-Financial<br> liabilities
Total<br> Liabilities
Mismatch<br> of Financial Assets and<br><br> Liabilities (*)		)				)				)		)		)			)

All values are in US Dollars.

(*)	This value does not consider<br>non-financial assets and liabilities and the notional values of derivative instruments, which are disclosed at fair value.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk<br> Management and Report:

(1)	Introduction:

Banco de Chile seeks to maintain a risk profile that ensures the sustainable growth that is aligned with its strategic objectives, maximizing value creation and guarantee its long-term solvency. Global risk management takes into consideration the different business segments served by the Bank, being approached from a comprehensive and differentiated perspective.

Our risk management policies are established in order to identify and analyze the risks faced by the Bank, set appropriate risk limits, alerts and controls, monitor risks and compliance with limits and alerts in order to carry out the necessary action plans. Through its administration policies and procedures, the Bank develops a disciplined and constructive control environment. Policies as well as risk management standards, procedures and systems are regularly reviewed.

For this, the Bank has teams with extensive experience and knowledge in each area associated with risks, ensuring comprehensive and consolidated management of the same, including the Bank and its subsidiaries.

(a)	Risk<br> Management Structure

Credit, Market and Operational Risk Management are at the all levels of the Organization, with a Corporate Governance structure that recognizes the relevance of the different risk areas that exist.

The Bank's Board of Directors Board of Directors of Banco de Chile establishes the risk policies, the Risk Appetite Framework, and the guidelines for the development, validation and monitoring of models. Likewise, it approves the provision models, the Additional Provisions Policy and pronounces annually on the sufficient provisions. Also, it ratifies the strategies, policies, functional structure and comprehensive management model of Operational Risk and is in charge of guaranteeing the consistency of this model with the Bank's strategy, ensuring proper implementation of the model in the organization. Along with this, it establishes the Subsidiary Risk Control Policy, describing the supervision scheme that the Bank applies to the relevant subsidiaries to control the risks that affect them. For its part, the Administration is responsible both for the establishment of standards and associated procedures as well as for the control and compliance with the disposed by the Board of Directors, ensuring that there is consistency between the criteria applied by the Bank and its subsidiaries, maintaining strict coordination at the corporate level and informing the Board of Directors in the defined instances.

The Bank's Corporate Governance considers the active participation of the Board, acting directly or through different committees made up of Directors and Senior Management. It is permanently informed of the evolution of the different risk areas, participating through its Finance, International and Financial Risk, Credit, Portfolio Risk Committee and Higher Operational Risk Committee, in which the status of credit, market and operational risks are reviewed. These committees are described in the following paragraphs.

Risk Management is developed jointly by the Wholesale Credit Risk Division, the Retail Credit Risk and Global Risk Control Division and the Cybersecurity Division, which constitute the corporate risk governance structure, which by having highly experienced and specialized teams, together with a robust regulatory framework, allow optimal and effective management of the matters they address.

NOTES TO THE INTERIM CONSOLIDATEDFINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:

The Wholesale Credit Risk Division and the Retail Credit Risk and Global Risk Control Division contribute to providing effective governance to the Corporation's main risks, with a focus on optimizing the risk-return relationship, ensuring business continuity and generating a robust risk culture. They identify potential losses derived from the non-compliance of counterparties, movements in market factors or the lack of adequacy of processes, people or systems, contributing comprehensively to capital management.

Likewise, they continuously manage risk knowledge from a comprehensive approach, in order to contribute to the business and anticipate threats that may damage the solvency and quality of the portfolio, permeating a unique risk culture towards the Corporation, promoting training and permanent education.

Both Divisions are responsible for credit risk in the admission, monitoring and recovery phases for the different business segments. The Wholesale Credit Risk Division has in its structure the Market Risk Management that develops the function of measurement, limitation, control and reporting of said risk along with the definition of valuation standards and management of the Bank's assets and liabilities.

In turn, in the Retail Credit Risk and Global Risk Control Division, the Admissions Area, among its functions, develops the regulatory framework in matters of credit risk, and the Risk Models Area, which develops the different methodologies related to credit risk. Likewise, in this Division, model monitoring, validation and model risk management are carried out by the respective areas that deal with these matters, ensuring the independence of the function.

This Division also has the Operational Risk and Business Continuity Management, in charge of managing and supervising the application of the policies, rules and procedures in each of these areas within the Bank and Subsidiaries. For these purposes, the Operational Risk Management is in charge of guaranteeing the identification and efficient management of operational risks and promoting a culture in terms of risks to prevent financial losses and improve the quality of the processes, as well as proposing continuous improvements to risk management, aligned with regulatory requirements and business objectives.

With respect to Business Continuity Management, it is responsible for managing, controlling and administering recovery strategies in the event of contingency situations, and is also responsible for maintaining the continuity of services and critical operations related to the Bank's payment chain. Management has a robust and effective model, which is permanently applied from the continuity program and based on a comprehensive resilient work framework in operational and technological areas, which allows for an effective response to disruptive events that may affect the Bank. Training or tests are a fundamental part of the program, which allow the verification and support of the sufficiency and effectiveness of each of the plans and strategies. Additionally, there is the role and responsibilities of the Information Security Officer (ISO), with an independent function in charge of designing and implementing a monitoring environment for the adequate definition and implementation of the information security strategy and controls and cybersecurity, as well as the independence of the control functions of the Cybersecurity Division.

In both Operational Risk and Business Continuity, its methodologies, controls and scope are applied at the Banco de Chile level and are replicated in the subsidiaries, guaranteeing their homologation to the Bank's global management model.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	Risk Management and Report, continued:

For its part, the Cybersecurity Division is responsible for defining, implementing and reporting the progress of the Strategic Cybersecurity Plan in line with the Bank's business strategy, one of its main focuses being to protect internal information, that of its customers and collaborators.

This Division is comprised the Cybersecurity Engineering Management, the Cyber Defense Management, the Cyber Intelligence and Advanced Analytics Deputy Management. Also included are the Technological Risk Management and the Cybersecurity Management and Subsidiaries Control Department, as control units. The responsibilities of the aforementioned Managements and Deputy Managements are described in Section 5 of this Note.

(i)	Finance,<br> International and Financial Risk Committee

In general terms, the objectives of this committee are to monitor and continuously review the liquidity status and, trends in the most important financial positions, as well as the their associated results, and and their price and liquidity risks that will be generated. Some of its specific functions include, the review of the proposal to the Board of Directors of the Risk Appetite Framework (RAF), the Financing Plan and the structure of limits and alerts for price and liquidity risks, reviewing and approving the Comprehensive Risk Measurement (CRM) for subsequent due review in the Capital Management Committee and later approval by the Board of Directors, the design of policies and procedures related to the establishment of limits and alerts for price risk and liquidity risk; reviewing the evolution of financial positions and market risks; monitoring limit excesses and alert activations; ensuring adequate identification of risk factors in financial positions; ensuring that the price and liquidity risk management guidelines in the Bank's subsidiaries are consistent with those of the latter, and that these are reflected in their own policies and procedures.

(ii)	Credit<br> Committees

The credit approval process is done mainly through various credit committees, which are composed of qualified professionals and with the sufficient attributions to take decisions required.

Each committee defines the terms and conditions under which the Bank accepts counterparty risks and the Wholesale Credit Risk and Retail Credit Risk Divisions and Global Risk Control participate independently and autonomously of the commercial areas. They are constituted according to the commercial segments and the amounts to approve and have different meeting periodicities.

Within the risk management structure of the Bank, the maximum approval instance is the Credit Committee of Directors. Its functions are to resolve all credit transactions associated with customers and economic groups with approved lines of credit in excess of UF750,000, and to approve all credit transactions where the bank's internal regulations require approval from this Committee, except for any special powers delegated by the board to management.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(iii)	Portfolio<br> Risk Committee
---	---

The Portfolio Risk Committee must understand the composition, concentration and risks attached to the bank's loan portfolio, from a global, sectoral and business unit perspective, review and approve the comprehensive risk measurement (CRM) and the Credit Risk Appetite Framework (RAF) in the area of credit risk; It must review the main debtors, their delinquency, past-due portfolio and impairment indicators, together with the write-offs and loan portfolio provisions for each segment. It must propose differentiated management strategies, as well as analyzing and agreeing on the and analyze credit policy proposals that will be approved by theto be approved by the board of directors. This committee also reviews and ratifies the approvals of management models and methodologies Also, this committee is responsible for reviewing and ratifying the approvals of management models and methodologies previously carried out by the Technical Committee for the Supervision of Internal Models, as well as proposing the regulatory models and methodologies for final approval by the Board of Directors.

(iv)	Technical<br> Committee for the Supervision of Internal Models

Among other functions, this committee must ensure compliance with the main guidelines to be used for the construction of models; analyze the adopted criteria and review and approve methodologies associated with non-regulatory models, which must be submitted to the Portfolio Risk Committee for consideration, for final ratification; In the case of regulatory models, this Committee is limited to its review, leaving approval in the hands of the Portfolio Risk Committee and subsequently the Board of Directors. It is also in charge of monitoring the quality of internal models, according to the specific guidelines on this matter, which are also approved by the board of directors.

(v)	Model<br> Risk Management Committee

Its main function is to establish and supervise the model risk management framework the corresponding at the institutional level. Among other matters, this committee reviews and discusses the identification and evaluation of model risk based on aggregate results, ensures the updating of the institutional inventory of institutional models and methodologies, and submits the Model Risk Management Policy to the Board of Directors for review and approval.

NOTES TO THE INTERIMCONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:
(vi)	Senior<br> Operational Risk
---	---

The Senior Operational Risk Committee makes any necessary changes to the processes, controls and information systems that support the bank’s transactions, in order to mitigate operational risks, and assure that areas can appropriately manage and control these risks.

This committee has many functions dedicated to supervising appropriate operational risk management at the bank and its subsidiaries, and for implementing the policies, standards and methods associated with the bank's comprehensive operational risk management model. It plans initiatives to develop it and publishes them throughout the bank. It promotes a culture of operational risk management within the bank and its subsidiaries; review and approve the comprehensive risk measurement regarding Operational Risk. It approves the bank's operational risk appetite framework; ensure compliance with the current regulatory framework, in matters that are limited to Operational Risk; become aware of the main frauds, incidents, events and their root causes, impacts and corrective measures; ensure the long-term solvency of the organization, avoiding risk factors that may jeopardize the continuity of the Bank. It reviews new products and services, verifies the consistency of associated policies across the bank's subsidiaries, monitors their compliance, and reviews operational risk management at subsidiaries; become aware of the level of risk to which the bank is exposed in its outsourced services, sanction the selection of the model to carry out stress tests and scenario selection methodologies and evaluate the results, among others.

(vii)	Operational<br> Risk Committee

The committee is empowered to trigger the necessary changes in the processes, procedures, controls and information systems that support the operation of Banco de Chile, in order to mitigate its operational risks, ensuring that the different areas properly manage and control these risks.

Among the main functions of the Operational Risk Committee are: regarding the developingment of the comprehensive operational risk management model, ensuring the implementation and/or updating the regulatory framework related to Policies and Statutes, plans and initiatives for the development of the model and its dissemination in the organization; promote a culture of operational risk management at all levels of the Bank; become aware of the results obtained in the comprehensive measurement of operational risk; review the operational risk appetite framework; ensure the current regulatory framework in matters that are limited to operational risk; review the level of exposure to operational risk of the Bank and the main risks to which it is exposed; become aware of the main frauds, incidents, operational events and their root causes, impacts and corrective measures as appropriate, as well as operational risk assessments; propose, agree on and/or prioritize strategies to mitigate the main operational risks; ensure the long-term solvency of the organization; ensure that Operational Risk policies are aligned with the Bank's objectives and strategies; become aware of the level of risk to which the bank is exposed in its outsourced services, among others.

(viii)	Capital<br> Management Committee

The main purpose of this committee is to assess, monitor and review capital adequacy in accordance with the principles in the bank's capital management policy and its risk framework, to ensure that capital resources are adequately managed, the CMF’s principles are respected, and the bank's medium-term sustainability.

NOTESTO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:
(b)	Internal<br> Audit
---	---

The risk management processes of the entire Bank are permanently audited by the Internal Audit Area, which examines the sufficiency of the procedures and their compliance. Internal Audit discusses the results of all evaluations with the administration and reports its findings and recommendations to the Board of Directors through the Audit Committee.

(c)	Measurement<br> Methodology

Regarding to Credit Risk, provision levels and portfolio expenses are the basic measures for determining the credit quality of our portfolio.

Banco de Chile permanently evaluates its loan portfolio, timely recognizing the associated level of risk of the loan portfolio. To this end, there are guidelines for the generation of credit risk models, covering management models (reactive and proactive admission models and collection models), provision models (both under local regulations in accordance with the instructions issued by the CMF, as well as under IFRS criteria) and stress tests that are part of the Bank's effective equity self-assessment process. The Board of Directors approves these guidelines and the models developed.

For the purposes of covering losses in the event of customers payment default, the Bank determines the level of provisions that must be established based on the following:

Individual evaluation: mainly applies to the Bank's portfolio of legal persons that, due to their size, complexity or indebtedness, requires a more detailed level of knowledge and a case-by-case analysis. Each debtor is assigned one of the 16 risk categories defined by the CMF, in order to establish the provisions in a timely and appropriate manner. The review of the portfolio risk classifications is carried out permanently considering the financial situation, payment behavior and the environment of each client.

Group evaluation: mainly applies to the portfolio of natural persons and smaller companies. These assessments are carried out monthly through statistical models that allow estimating the level of provisions necessary to cover the portfolio risk; in the case of commercial and mortgage portfolios, these results are contrasted with the standard models provided by the regulator, with the resulting provision being the largest between both methods. The consistency analysis of the models is carried out through an independent validation of the unit that develops them and, subsequently, through the analysis of retrospective tests that allow to compare the real losses with the expected ones. In March 2024, the CMF issued the regulations that establish the Standardized Methodology for computing Provisions for Consumer Loans, whose provisions will come into force as of the accounting close of January 2025.

---

In order to validate the quality and robustness of the risk assessment processes, the Bank annually performs a test of the sufficiency of provisions for the total loan portfolio, thus verifying that the provisions established are sufficient to cover the losses that could derive from the credit operations granted. The result of this analysis is presented to the Board of Directors, who manifests itself on the sufficiency of the provisions in each fiscal year.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:

Banco de Chile establishes additional provisions with the objective of protecting itself from the risk of unpredictable economic fluctuations that may affect the macroeconomic environment or the situation of a specific economic sector. At least once a year, the amount of additional provisions to be constituted or released is annually proposed to the Portfolio Risk Committee and subsequently to the Board of Directors for approval.

During the 2024, the Bank maintained without modifications the amount of additional provisions established.

The monitoring and control of risks are carried out mainly based on limits established by the Board of Directors. These limits reflect the Bank's business and market strategy, as well as the level of risk that it is willing to accept, with additional emphasis on the selected industries.

The Bank develops its capital planning process in an integrated manner with its strategic planning, in line with the risks inherent to its activity, the economic and competitive environment, its business strategy, corporate values, as well as its governance, management and risk control. As part of the capital planning process and, in line with what is required by the regulator, Risk-Weighted Assets and stress tests are obtained in the dimensions of credit, market and operational risk, as well as the Comprehensive Measurement of financial and non-financial risks.

The Bank annually reviews and updates its Risk Appetite Framework, approved by the Board of Directors, through which it is possible to identify, evaluate, measure, mitigate and control proactively and in advance all relevant risks that could materialize in the normal course of their business. To this end, the Bank uses different management tools and defines an adequate structure of alerts and limits, which are part of said Framework, which allow it to constantly monitor the performance of different indicators and implement timely corrective actions, in the event that are required. The result of these activities is part of the annual self-assessment report of effective equity approved by the Board of Directors and reported to the CMF.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:
(2)	Credit Risk:
---	---

Credit risk considers the likelihood that the counterparty in the credit operation will not be able to fulfill its contractual obligation due to incapacity or financial insolvency, and this leads to a potential credit loss.

The Bank seeks an adequate risk-return relation and an appropriate balance of the risks assumed, through a permanent credit risk management considering the processes of admission, monitoring and recovery of the loans granted. Establishes the risk management framework for the different business segments it serves, responding to regulatory demands and commercial dynamism, being part of the digital transformation and contributing from a risk perspective to the various businesses addressed, through a vision of the portfolio that allows managing, resolving and controlling the business approval and monitoring process in an efficient and proactive manner.

In the business segments, the application of additional management processes is taken into consideration, to the extent required, for those financing requests that that will have a greater exposure to environmental and/or social risks.

The Bank integrates the socio-environmental criteria in its evaluations for the granting of financing destined to the development of projects, whether national or regional and that can generate an impact of this type, where they are executed. For the financing of projects, they must have the corresponding permits, authorizations, patents and studies, according to the impact they generate. In addition, the Bank has specialized units for serving large clients, through which the financing of project development is concentrated, including those of Public Works concessions that contemplate the construction of infrastructure, mining, electrical, real estate developments that can generate an environmental impact.

In matters of risks related to climate change, during 2023 and the first semester 2024, progress has been made in the methodologies used to identify risks related to the climate factor in the portfolio. This includes conducting various specialized training on ESG risk matters to executives from different divisions, including risk executives, strengthening the Bank's ability to proactively address these emerging challenges.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:

Credit policies and processes materialize in the following management principles, which are addressed with a specialized approach according to the characteristics of the different markets and segments served, recognizing the singularities of each one of them:

1.	Apply<br> a rigorous evaluation in the admission process, based on established credit policies, standards<br> and procedures, together with the availability of sufficient and accurate information. Thus,<br> it corresponds to analyze the generation of flows and solvency of the client to meet their<br> payment commitments and, when the characteristics of the operation merit it, must constitute<br> adequate collateral that allow mitigating the risk incurred with the client.
2.	Have<br> permanent and robust portfolio tracking processes, through procedures and systems that alert<br> both the potential signs of impairment of clients, with respect to the conditions of origin,<br> and also the possible business opportunities with those that present a better payments quality<br> and behavior.
---	---
3.	To<br> develop credit risk modeling guidelines, in regulatory aspects and management, for efficient<br> decision-making at different stages of the credit process.
---	---
4.	Have<br> a collection structure with timely, agile and effective processes that allow management to<br> be carried out in accordance with the different types of clients and the types of breaches<br> that arise, always in strict adherence to the regulatory framework and the Bank's reputational<br> definitions.
---	---
5.	Maintain<br> an efficient administration in work teams organization, tools and availability of information<br> that allow an optimal credit risk management.
---	---

Based on these management principles, the credit risk divisions contribute to the business and anticipate threats that may affect the solvency and quality of the portfolio. In particular, during the last three years the solidity of these principles and the role of credit risk have made it possible to respond adequately to the challenges derived from the pandemic, providing timely responses to clients while maintaining the solid fundamentals that characterize the Bank's portfolio in its different segments and products.

Within the framework of risk management, a permanent and focused monitoring of the behavior of the portfolios has continued, including the evolution of the credits associated with the FOGAPE Covid, FOGAPE Reactivation programs and recently FOGAPE Chile Apoya and FOGAES.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

(a)	Retail<br> Segments:

In these segments, admission management is carried out mainly through a risk evaluation that uses scoring tools and an adequate credit attribution model to approve each operation. These evaluations take into consideration the level of indebtedness, payment capacity and the maximum acceptable exposure for the client.

For these segments, the Bank's risk functions are segregated and distributed in the following areas:

−	Retail<br> Admission and Regulatory, performs the evaluation of operations and clients, with specialization<br> by products and segments. Maintains a framework of policies and standards that ensure the<br> quality of the portfolio according to the desired risk, defining guidelines for the admission<br> of clients and their respective parameterization in the evaluation systems. These definitions<br> are released to commercial and risk areas through programs and continuous training, and their<br> application is monitored through credit review processes.
−	Risk<br> Model, is responsible for developing, maintaining and updating credit risk models, whether<br> for regulatory or management uses, in accordance with local and international regulations,<br> determining the most appropriate functional specifications and statistical techniques for<br> the development of the required models. These models are validated by the Model Risk and<br> Internal Control Management and presented to the corresponding government bodies, such as<br> the Technical Committee for the Supervision and Development of Internal Models, the Portfolio<br> Risk Committee or the Board of Directors, as appropriate.
---	---
−	Model<br> Risk and Internal Control, its purpose is to manage the risks associated with models and<br> their processes, for which it relies on the functions of model validation, model risk management<br> and internal control.
---	---

The function of model validation is responsible for carrying out an independent review of the models, including the methodology of risk-weighted assets for credit risk and stress tests, both in the development and implementation stages of these models. It considers the validation of compliance with the guidelines established by the Board of Directors, addressing the scope of review in both stages corresponding governance, knowledge, data quality, modeling techniques, crossing documentation of all those four areas mentioned. The results of the review are presented and placed in consideration of the respective Committees, as appropriate.

Model risk management is responsible for monitoring and ensuring compliance with the activities associated with the state in which the models are according to their life cycle, in a way that facilitates the detection of potential increases in risk in sources of model risk from the bank.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

For its part, the internal control function ensures the maintenance of a control model aligned with performance, financial and operational objectives, and the protection of its assets against possible losses. The foregoing has the consequence of ensuring the reliability and transparency of the financial and non-financial information generated by the Bank. For this, a periodic evaluation process is carried out, based on the risks that could have a material impact and which is carried out through the evaluation of the design and operational effectiveness of the identified controls and thus be able to comply with the operating, information and compliance objectives.

−

Retail Tracking and Models, is in charge of measuring the behavior of portfolios especially through the monitoring of the main indicators of the aggregate portfolio and the analysis of layers, reported in management reports, generating relevant information for decision-making in different instances defined. Also, special follow-ups are generated according to relevant events in the environment. This Area ensures that the different strategies executed meet the risk quality objectives that determined their implementation.

For its part, through the risk model monitoring function, they are monitored, ensuring compliance with the standards defined to ensure their predictive and discriminating power.

Additionally, this Area is responsible for managing the process for calculating provisions for credit risk, ensuring the correct execution of the processes and analysis of the results obtained.

−

Collection performs a cross-collection management in the Bank and defines refinancing criteria through the establishment of predefined renegotiation guidelines to solve the indebtedness of viable customers and with payment intentions, maintaining an adequate risk-return ratio, together with the incorporation of robust tools for a differentiated collection management according to the institutional policies and with strict adherence to the current regulatory framework.

In this sense, the Bank has specific regulations related to the collection and normalization of clients, which makes it possible to ensure the quality of the portfolio in accordance with credit policies and the desired risk appetite framework. Through collection management, the attention of clients with temporary flow problems is favored, debt normalization plans are proposed to viable clients, in such a way that it is possible to maintain the relationship in the long term once their situation is regularized, the recovery of assets at risk is maximized and the necessary collection actions are carried out, in a timely manner, to ensure the recovery of debts or reduce potential loss.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

(b)	Wholesale<br> Segments:

In these segments, admission management is carried out through an individual evaluation of the client and the relationship of the rest of the group with the Bank is also considered if it belongs to a group of companies. This individual evaluation - and group if applicable - considers, among others, generation capacity, financial situation with emphasis on equity solvency, exposure levels, industry variables, evaluation of partners and management, and aspects of the operation such as financing structure, term, products and possible collaterals.

The indicated evaluation is supported by a rating model that allows greater homogeneity in the evaluation of the client and his group. This evaluation also includes specialized areas in some segments that by their nature require expert knowledge, such as real estate, construction, agriculture, financial, international, among others.

In a centralized manner, a permanent monitoring of the portfolio is carried at the individual level off business segments and economic sectors, based on periodically updated information from both the client and the industry, through the use of robust management tools. Through this process, alerts are generated that ensure the correct and timely recognition of the risk of the individual portfolio and the special conditions established in the admission stage are monitored, such as controls of financial covenants, coverage of certain collaterals and conditions imposed at the time of approval.

Additionally, within the Admission areas, joint monitoring tasks are carried out that allow monitoring the development of operations from their gestation to their recovery, with the aim of ensuring the correct and timely identification of portfolio risks, and to manage in advance those cases with higher risk levels.

Upon detection of clients that show signs of impairment or default with any condition, the commercial area to which the client belongs, together with the Wholesale Credit Risk Division, establish action plans for their regularization. In those more complex cases where specialized management is required, the Special Assets Management area, belonging to the Wholesale Credit Risk Division, is directly in charge of collection management, establishing action plans and negotiations based on the particular characteristics of each client.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

(c)	Portfolio Concentration:

The maximum exposure to credit risk, by client or counterparty, without taking into account guarantees or other credit enhancements as of June 30, 2024 and December 31, 2023, does not exceed 10% of the Bank's effective equity.

The following tables show credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector as of June 30, 2024:

	Chile	United States	England	Brazil	Others	Total
	MCh	MCh	MCh	MCh	MCh	MCh
Financial Assets
Cash and Due from Banks
Financial assets held for trading at fair value through profit or loss:
Derivative contracts financial
Forwards (*)
Swaps (**)
Call Options
Put Options
Futures
Subtotal
Debt Financial Instruments
From the Chilean Government and Central Bank
Other debt financial instruments issued in Chile
Financial debt instruments issued Abroad
Subtotal
Others Financial Instruments
Investments in mutual funds
Equity instruments
Others
Subtotal
Financial Assets at fair value through other comprehensive income:
Debt Financial Instruments
From the Chilean Government and Central Bank
Other debt financial instruments issued in Chile
Financial debt instruments issued Abroad
Subtotal
Derivative contracts financial for hedging purposes
Forwards
Swaps
Call Options
Put Options
Futures
Subtotal
Financial assets at amortized cost
Rights from resale agreements and securities lending
Debt Financial Instruments
From the Chilean Government and Central Bank
Subtotal
Loans and advances to Banks
Central Bank of Chile
Domestic banks
Foreign Banks (***)
Subtotal
Loans to Customers, Net
Commercial loans
Residential mortgage loans
Consumer loans
Subtotal

All values are in US Dollars.

(*)	Others includes: France Ch$22,587 million and Switzerland<br>Ch$2,812 million.
(**)	Others includes: France Ch$44,514 million and Spain Ch$29,933<br>million and Canada Ch$105,935 million.
(***)	Others includes: Singapore Ch$42,241 million and Qatar Ch$47,123<br>million.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
	Central<br> Bank of Chile	Government	Retail<br> (Individuals)	Financial<br> Services	Trade	Manufacturing	Mining	Electricity,<br> Gas and Water	Agriculture<br> and Livestock	Fishing	Transportation<br> and<br> Telecom	Construction	Services	Others	Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Cash<br> and Due from Banks
Financial<br> Assets held for trading at fair value through profit or loss:
Derivative<br> contracts Financial
Forwards
Swaps
Call<br> Options
Put<br> Options
Futures
Subtotal
Debt<br> Financial Instruments
From<br> the Chilean Government and Central Bank
Other<br> debt financial instruments issued in Chile
Financial<br> debt instruments issued Abroad
Subtotal
Others<br> Financial Instruments
Investments<br> in mutual funds
Equity<br> instruments
Others
Subtotal
Financial<br> Assets at fair value through Other Comprehensive Income
Debt<br> Financial Instruments
From<br> the Chilean Government and Central Bank
Other<br> debt financial instruments issued in Chile
Financial<br> debt instruments issued Abroad
Subtotal
Derivative<br> contracts financial for hedging purposes
Forwards
Swaps
Call<br> Options
Put<br> Options
Futures
Subtotal
Financial<br> assets at amortized cost (*)
Rights<br> from resale agreements
Debt<br> financial instruments
From<br> the Chilean Government and Central Bank
Subtotal
Loans<br> and advances to Banks
Central<br> Bank of Chile
Domestic<br> banks
Foreign<br> banks
Subtotal

All values are in US Dollars.

(*)	Economic activity of Loans and accounts receivable from customers<br>disclosed in Note No. 13 g).

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

The following tables show credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector as of December 31, 2023:

	Chile	United States	England	Brazil	Others	Total
	MCh	MCh	MCh	MCh	MCh	MCh
Financial Assets
Cash and Due from Banks
Financial assets held for trading at fair value through profit or loss:
Derivative contracts financial
Forwards (*)
Swaps (**)
Call Options
Put Options
Futures
Subtotal
Debt Financial Instruments
From the Chilean Government and Central Bank
Other debt financial instruments issued in Chile
Financial debt instruments issued Abroad
Subtotal
Others Financial Instruments
Investments in mutual funds
Equity instruments
Others
Subtotal
Financial Assets at fair value through other comprehensive income:
Debt Financial Instruments
From the Chilean Government and Central Bank
Other debt financial instruments issued in Chile
Financial debt instruments issued Abroad
Subtotal
Derivative contracts financial for hedging purposes
Forwards
Swaps
Call Options
Put Options
Futures
Subtotal
Financial assets at amortized cost:
Rights from resale agreements and securities lending
Debt Financial Instruments
From the Chilean Government and Central Bank
Subtotal
Loans and advances to Banks
Central Bank of Chile
Domestic banks
Foreign Banks (***)
Subtotal
Loans to Customers, Net
Commercial loans
Residential mortgage loans
Consumer loans
Subtotal

All values are in US Dollars.

(*)	Others includes: France Ch$33,034 million and Spain Ch$7 million.
(**)	Others includes: France Ch$38,199 million and Spain Ch$31,881<br>million.
(***)	Others includes: China Ch$109,229 million.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

	Central<br> Bank of Chile	Government	Retail<br> (Individuals)	Financial<br> Services	Trade	Manufacturing	Mining	Electricity,<br> Gas and Water	Agriculture<br> and Livestock	Fishing	Transportation<br> and<br> Telecom	Construction	Services	Others	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Cash<br> and Due from Banks
Financial<br> Assets held for trading at fair value through profit or loss:
Derivative<br> contracts financial
Forwards
Swaps
Call Options
Put Options
Futures
Subtotal
Debt<br> Financial Instruments
From the Chilean Government<br> and Central Bank
Other debt financial<br> instruments issued in Chile
Financial debt instruments<br> issued Abroad
Subtotal
Others<br> Financial Instruments
Investments in mutual<br> funds
Equity instruments
Others
Subtotal
Financial<br> Assets at fair value through Other Comprehensive Income
Debt<br> Financial Instruments
From the Chilean Government<br> and Central Bank
Other debt financial<br> instruments issued in Chile
Financial debt instruments<br> issued Abroad
Subtotal
Derivative<br> contracts financial for hedging purposes
Forwards
Swaps
Call Options
Put Options
Futures
Subtotal
Financial<br> assets at amortized cost (*)
Rights<br> from resale agreements
Debt<br> financial instruments
From the Chilean Government<br> and Central Bank
Subtotal
Loans<br> and advances to Banks
Central Bank of Chile
Domestic banks
Foreign banks
Subtotal

All values are in US Dollars.

(*)	Economic activity of Loans and accounts receivable from customers<br>disclosed in Note No. 13 g).

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

(d)	Collaterals and Other Credit Enhancements:

The amount and type of collateral required depends on the counterparty’s credit risk assessment.

The Bank has guidelines regarding the acceptability of types of collateral and valuation parameters.

The main types of collateral obtained are:

●	For commercial loans: Residential and non-residential real<br>estate, liens and inventory.
●	For retail loans: Mortgages loans on residential property.

The Bank also obtains collateral from parent companies for loans granted to their subsidiaries.

Management makes sure its collateral is acceptable according to both external standards and internal policies guidelines and parameters. The Bank has approximately 246,767 collateral assets as of June 30, 2024 (246,063 in December 2023), the majority of which consist of real estate. The following table contains guarantees value:

		Guarantee
	Loans	Mortgages	Pledges	Securities	Warrants	Total
June 2024	MCh	MCh	MCh	MCh	MCh	MCh
Corporate Lending
Small Business Lending
Consumer Lending
Mortgage Lending
Total

All values are in US Dollars.

		Guarantee
	Loans	Mortgages	Pledges	Securities	Warrants	Total
December 2023	MCh	MCh	MCh	MCh	MCh	MCh
Corporate Lending
Small Business Lending
Consumer Lending
Mortgage Lending
Total

All values are in US Dollars.

The Bank also uses mitigating tactics for credit risk on derivative transactions. To date, the following mitigating tactics are used:

●	Accelerating transactions and net payment using market values at the date of default of one of the parties.
●	Option for both parties to terminate early any transactions with a counterparty at a given date, using<br>market values as of the respective date.

Margins established with time deposits by customers who have FX forwards with subsidiary Banchile Corredores de Bolsa S.A.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

(d)	Collaterals and Other Credit Enhancements, continued:

The value of the guarantees that the Bank maintains related to the loans individually classified as impaired as of June 30, 2024 and December 31, 2023 amounted Ch$146,564 million and Ch$140,371 million, respectively.

The value guarantees related to past due loans but no impaired as of June 30, 2024 and December 31, 2023 amounted Ch$572,672 million and Ch$459,858 million respectively.

(e)	Credit Quality by Asset Class:

The Bank determines the credit quality of financial assets using internal credit ratings. The rating process is linked to the Bank’s approval and monitoring processes and is carried out in accordance with risk categories established by current standards. Credit quality is continuously updated based on any favorable or unfavorable developments to customers or their environments, considering aspects such as commercial and payment behavior as well as financial information.

The Bank also carries out reviews focused on companies that participate in specific economic sectors, which are affected either by macroeconomic variables or variables of the sector. In this way, it is possible to timely establish the necessary and sufficient level of provisions to cover the losses due to the eventual non-recoverability of the credits granted.

The credit quality by asset class for Consolidated Statements of Financial Position sheet items, based on the Bank’s credit rating system, is presented in Note No. 13 letter (d).

Below is the detail of the default but not impaired portfolio:

	*Past due but no impaired ()**
	1 to 29 days	30 to 59 days	60 to 89 days	90 or more days
	MCh$	MCh$	MCh$	MCh$
June 2024	828,772	229,106	67,717	—
December 2023	729,515	201,364	65,003	—
(*)	These amounts include the overdue portion and the remaining<br>balance of loans in default.
---	---
(f)	Assets Received in Lieu of Payment:
---	---

The Bank has received assets in lieu of payment totaling Ch$24,159 million and Ch$21,396 million as of June 30, 2024 and December 31, 2023, respectively, the majority of which are properties. All of these assets are managed for sale.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(g)	Renegotiated Assets:
---	---

The loans are presented as renegotiated in the balance sheet correspond to those in which the corresponding financial commitments have been restructured and the Bank assesses the probability of recovery as sufficiently high.

The following table details the book value of loans with renegotiated terms per financial asset class:

	June	December
	2024	2023
Financial Assets	MCh	MCh
Loans and advances to banks
Central Bank of Chile
Domestic banks
Foreign banks
Subtotal
Loans to customers, net
Commercial loans
Residential mortgage loans
Consumer loans
Subtotal
Total renegotiated financial assets

All values are in US Dollars.

(h)	Compliance with credit limit granted to related debtors:

Below are detailed the figures for compliance with the credit limit granted to debtors related to the ownership or management of the Bank and subsidiaries, in accordance with the Article 84 No. 2 of the General Banking Law, which establishes that in no case the total of these credits may exceed the amount of its Total or Regulatory Capital:

	June 2024		December 2023
	MCh		MCh
Total related debt
Consolidated Total or Regulatory Capital
Limit used %		%		%

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk:
---	---

Market Risk refers to the loss that the Bank could face due to a liquidity shortage to honor the payments, or to close financial transactions in a timely manner (Liquidity Risk), or due to adverse movements in the values of market variables (Risk Price). For its correct management, the guidelines of the Liquidity Risk Management Policy and the Market Risk Management Policy are considered, both are subject to review, at least annually, by the Market Risk Manager and approval by the Bank's Board of Directors, at least annually.

Liquidity Risk:

Liquidity Risk Measurement and Limits

The Bank manages the Liquidity Risk in accordance with the established on the Liquidity Risk Management Policy, managing separately for each sub-category thereof; this is for Trading Liquidity Risk and Funding Liquidity Risk.

Trading Liquidity Risk is the inability to close, at current market prices, the financial positions opened mainly from the Trading Book (which is daily valued at market prices and the value differences instantly reflected in the Income Statement). This risk is controlled by establishing limits on the positions amounts of the Trading Book in accordance with what is estimated to be closed in a short time period. Additionally, the Bank incorporates a negative impact on the Income Statement whenever it considers that the size of a certain position in the Trading Book exceeds the reasonable amount, negotiated in the secondary markets, which would allow the exposure to be offset without altering market prices.

Funding Liquidity Risk refers to the Bank's inability to obtain sufficient cash to meet its immediate obligations. This risk is managed by a minimum amount of highly liquid assets called liquidity buffer, and establishing limits and controls of internal metrics, among which the Market Access Report (“MAR”) stands out, which estimates the amount of funding that the Bank would need from wholesale financial counterparties, for the next 30 and 90 days in each of the relevant currencies of the balance sheet, to face a cash need as a result of the operation under business as usual conditions.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity Risk, continued:
---	---

The use of June within 2024 is illustrated below (LCCY = local currency; FCCY = foreign currency):

	MAR LCCY + FCCY <br>BCh			MAR FCCY <br>MUS
	1 - 30 days	1 - 90 days
Maximum			4,286	Maximum	2,189
Minimum			2,826	Minimum	567
Average			3,596	Average	1,250

All values are in US Dollars.

The Bank also monitors the amount of assets denominated in local currency that is funded by liabilities denominated in foreign currency, including all tenors and the cash flows generated by full delivery derivatives payments. This metric is referred to as Cross Currency Funding. The bank oversees and limits this amount in order to take precautions against not only Banco de Chile’s event but also against a systemic adverse environment generated by a country risk event that might trigger lack of foreign currency funding.

The use of Cross Currency Funding within the year 2024 is illustrated below:

	Cross Currency Funding MUS
Maximum
Minimum
Average

All values are in US Dollars.

The Bank establishes thresholds that alert behaviors outside the expected ranges at a normal or prudent level of operation, in order to protect other dimensions of liquidity risk such as, for example, maturities concentration of fund providers, the diversification of sources of funds either by type of counterparty or type of product, among others.

The evolution over time of the statement of financial ratios of the Bank is monitored in order to detect structural changes in the characteristics of the balance sheet, such as those presented in the following table and whose relevant values of use during the year 2024 are shown below:


Maximum	34	%	66	%
Minimum	29	%	63	%
Average	31	%	64	%

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity Risk, continued:
---	---

Additionally, some market index, prices and monetary decisions taken by the Central Bank of Chile are monitored to detect structural changes in market conditions that can trigger a liquidity shortage or even a financial crisis.

Furthermore, the Liquidity Risk Management Policy enforces to perform stress tests periodically which are controlled against potentially accessible action plans in each modeled scenario, according with the guidelines established in the Liquidity Contingency Plan. This process is essential in determining the liquidity risk appetite framework of the institution.

The Bank measures and controls the mismatch of cash flows under regulatory standards with the C46 index report, which represents the net cash flows expected over time as a result of the contractual maturity of almost all assets and liabilities. Additionally, the Commission for the Financial Market (hereinafter, “CMF”) authorized Banco de Chile, among others, to report the adjusted C46 index. This allows the Bank to report, in addition to the regular C46 index, outflow behavior assumptions of certain specific elements of the liability, such as demand deposits and time deposits. In addition, the regulator also requires some rollover assumptions for the loan portfolio.

To date, the CMF establish the following dispositions for the C46 index:

Foreign Currency balance sheet items: 1-30 days, Regulatory Limit C46 index < 1 x Tier-1 Capital

The levels of use of this index during the year 2024 is illustrated below:

	Adjusted C46 CCY and FCCY<br> <br>as part of Basic Capital						Adjusted C46 FCCY<br> <br>as part of Basic Capital
	1 - 30 days			1 - 90 days			1 - 30 days
Maximum		0.08			0.06			0.17
Minimum		(0.12	)		(0.15	)		0.05
Average		(0.01	)		(0.07	)		0.10
Regulatory Limit		N/A			N/A			1.0

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity Risk, continued:
---	---

The individual and consolidated term liquidity gap are presented below:

QUARTERLY STATEMENT OF INDIVIDUAL LIQUIDITY SITUATION
AS OF JUNE 30, 2024 CONTRACTUAL BASIS
Values in MCh
CONSOLIDATED CURRENCY	From 0 to 15 days	From 0 to 30 days	From 0 to 90 days
Cash flow receivable (assets) and income	12,084,743	13,708,913	17,122,865
Cash flow payable (liabilities) and expenses	21,917,633	25,705,497	29,760,558
Liquidity Gap	9,832,890	11,996,584	12,637,693

All values are in US Dollars.

FOREIGN CURRENCY	From 0 to <br><br>7 days		From 0 to<br><br> 15 days		From 0 to<br><br> 30 days
Cash flow receivable (assets) and income		1,670,497		2,177,945		2,391,489	2,688,783
Cash flow payable (liabilities) and expenses		2,601,026		2,884,494		3,361,462	3,910,322
Liquidity Gap		930,529		706,549		969,973	1,221,539
Limits:
One time capital						5,242,367
AVAILABLE MARGIN						4,272,394
*	In the limit up to 30 days, in consolidated currency, the<br>Bank has a liquidity situation of Ch$4,272,394,620,745.
---	---
QUARTERLY STATEMENT OF INDIVIDUAL LIQUIDITY SITUATION
---	---	---	---	---	---	---
AS OF JUNE 30, 2024 ADJUSTED BASIS
Values in MCh
CONSOLIDATED CURRENCY	From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
Cash flow receivable (assets) and income	11,320,986		12,295,329		14,480,803
Cash flow payable (liabilities) and expenses	10,676,581		12,047,421		14,096,072
Liquidity Gap	(644,405	)	(247,908	)	(384,731	)

All values are in US Dollars.

FOREIGN CURRENCY	From 0 to<br><br> 7 days
Cash flow receivable (assets) and income		1,583,139	1,906,676		1,857,984	1,797,172
Cash flow payable (liabilities) and expenses		1,627,776	1,815,039		2,131,340	2,564,437
Liquidity Gap		44,637	(91,637	)	273,356	767,265
Limits:
One time capital					5,242,367
AVAILABLE MARGIN					4,969,011
*	In the limit up to 30 days, in consolidated currency, the<br>Bank has a liquidity situation of Ch$4,969,011,204,151.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity Risk, continued:
---	---
QUARTERLY STATEMENT OF CONSOLIDATED LIQUIDITY SITUATION
---	---	---	---
AS OF JUNE 30, 2024 CONTRACTUAL BASIS
Values in MCh
CONSOLIDATED CURRENCY	From 0 to 15 days	From 0 to 30 days	From 0 to 90 days
Cash flow receivable (assets) and income	13,040,545	14,682,068	18,110,944
Cash flow payable (liabilities) and expenses	22,727,000	26,514,865	30,587,241
Liquidity Gap	9,686,455	11,832,797	12,476,297

All values are in US Dollars.

FOREIGN CURRENCY	From 0 to<br><br> 7 days		From 0 to<br><br> 15 days		From 0 to<br><br> 30 days
Cash flow receivable (assets) and income		1,682,801		2,190,248		2,403,792	2,701,086
Cash flow payable (liabilities) and expenses		2,613,287		2,896,755		3,373,723	3,922,645
Liquidity Gap		930,486		706,507		969,931	1,221,559
Limits:
One time capital						5,242,367
AVAILABLE MARGIN						4,272,436
*	In the limit up to 30 days, in consolidated currency, the<br>Bank has a liquidity situation of Ch$4,272,436,457,280.
---	---
QUARTERLY STATEMENT OF CONSOLIDATED LIQUIDITY SITUATION
---	---	---	---	---	---	---
AS OF JUNE 30, 2024 ADJUSTED BASIS
Values in MCh
CONSOLIDATED CURRENCY	From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
Cash flow receivable (assets) and income	12,276,788		13,268,484		15,468,881
Cash flow payable (liabilities) and expenses	11,485,949		12,856,788		14,922,754
Liquidity Gap	(790,839	)	(411,696	)	(546,127	)

All values are in US Dollars.

FOREIGN CURRENCY	From 0 to<br><br> 7 days
Cash flow receivable (assets) and income		1,595,442	1,918,979		1,870,287	1,809,476
Cash flow payable (liabilities) and expenses		1,640,037	1,827,300		2,143,601	2,576,760
Liquidity Gap		44,595	(91,679	)	273,314	767,284
Limits:
One time capital					5,242,367
AVAILABLE MARGIN					4,969,053
*	In the limit up to 30 days, in consolidated currency, the<br>Bank has a liquidity situation of Ch$4,969,053,040,687.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity Risk, continued:
---	---

Liquid Assets Consolidated Balance Statement as of June 30, 2024, values in BCh$

Source: Financial Statements Banco de Chile as of June 30, 2024

Additionally, the regulatory entities have introduced other metrics that the Bank uses in its management, such as the Liquidity Coverage Ratio (“LCR”) and Net Stable Financing Ratio (“NSFR”), using assumptions similar to those used in the international banking. For the first, the minimum level required is 1 time (100%) of the LCR indicator, while for the second the limit requirement is 0.8 times (80%) of the NSFR indicator. The evolution of the LCR and NSFR metrics during the year 2024 are shown below:

	LCR
Maximum		2.56	1.25
Minimum		2.23	1.22
Average		2.41	1.24
Regulatory Limit		1.0	0.8	(*)
(*)	By transitory disposition of the Central Bank of Chile, in<br>Chapter III.B.2.1 of the Compendium of Accounting Standards for Banks, this limit will gradually increase until reaching 1.0 in January<br>2026.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity Risk, continued:
---	---

The contractual maturity profile of the financial liabilities of Banco de Chile and its subsidiaries (consolidated basis), to June 2024 and December 2023, is as follows:

	Up to 1 month	1 to 3 months	3 to 12 months	1 to 3 years	3 to 5 years	Over 5 years	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Liabilities as of June 30, 2024
Transactions in the course of payment
Full delivery derivative transactions
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued (all currencies)
Other financial obligations
Financial instruments of regulatory capital issued (subordinated bonds)
Total (excluding non-delivery derivative transactions)
Non-delivery derivative transactions

All values are in US Dollars.

	Up to 1 month	1 to 3 months	3 to 12 months	1 to 3 years	3 to 5 years	Over 5 years	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Liabilities as of December 31, 2023
Transactions in the course of payment
Full delivery derivative transactions
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued (all currencies)
Other financial obligations
Financial instruments of regulatory capital issued (subordinated bonds)
Total (excluding non-delivery derivative transactions)
Non-delivery derivative transactions

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(b)	Price Risk:
---	---

The Price Risk measurement and management processes are carried out in accordance with the established on the Market Risk Management Policy, by using internal metrics developed by the Bank, both for the Trading Book and for the Banking Book (the Banking Book includes all balance sheet items, including those in the Trading Book but in such case these are reported at an interest rate adjustment term of one day, thus not generating accrual interest rate risk). In addition, the portfolio recorded under the Fair Value Through Other Comprehensive Income (hereinafter FVOCI) is considered, which is a sub-set of the Banking Book, which given its nature is relevant to measure it independently. In addition, the Bank reports metrics to regulatory entities according to the models defined by them.

The Bank has established internal limits for the exposures of the Trading Book. In fact, FX positions (FX delta), interest rate sensitivities generated by the derivatives and debt securities portfolios (DV01 or also referred as to rho) and the FX options volatility sensitivity (vega) are measured, reported and controlled against their limits. Limits are established on an aggregate basis but also for some specific tenor points. The use of these limits is daily monitored, controlled and reported by independent control functions to the senior management of the bank. The internal governance framework also establishes that these limits must be approved by the board and reviewed at least annually.

The Bank measures and controls the risk for the Trading Book portfolios using the Value-at-Risk (VaR). The model uses a 99% confidence level and the most recent one-year observed rates, prices and yields data.

The use of VaR within the year 2024 is illustrated below:

	Value-at-Risk<br> 99% one-day<br> confidence<br> level
	MCh
Maximum
Minimum
Average

All values are in US Dollars.

Additionally, the Bank performs measuring, limiting, controlling and reporting interest rate exposures and risks for the Banking Book using internally developed methodologies based on the differences in the amounts of assets and liabilities considering the interest rate repricing dates. Exposures are measured according to the Interest Rate Exposure or IRE metric and their corresponding risks using the Earnings-at-Risk or EaR metric. Within these metrics, Prepayment Risk is considered, which corresponds to the customer's ability to pay, totally or partially, their debt before maturity. For this, a loan flow allocation model is generated with exposure to interest rate fluctuations, according to their prepayment behavior, finally reflecting a decrease in their average maturity term.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(b)	Price Risk, continued:
---	---

The use of EaR within the year 2024 is illustrated below:

	12- months Earnings-at-Risk 99% confidence level 3 months closing period
	MCh
Maximum
Minimum
Average

All values are in US Dollars.

The regulatory risk measurement for the Trading Book (Market Risk Weighted Assets report or mRWA) is produced by utilizing guidelines provided by the Central Bank of Chile (hereinafter, “BCCh”) and the CMF. The referred methodologies estimate the potential loss that the bank may incur considering standardized fluctuations of the value of market factors such as FX rates, interest rates and volatilities that may adversely impact the value of FX spot positions, interest rate exposures, and volatility exposures, respectively. Interest rates changes are provided by the regulatory entity; moreover, correlation factors and very conservative term are included to explain non-parallel changes in the yield curve.

The risk measurement for the Banking Book, according to regulatory guidelines (RMLB report by its Spanish initials), as a result of interest rate fluctuations is carried out through the use of standardized methodologies provided by regulatory entities (BCCh and CMF). The report includes models for reporting interest rate gaps and how their value varies, according to rate fluctuations that are defined by the scenarios provided by the regulations. In addition to this, the regulatory entity has requested banks to establish internal limits, separately for short-term and long-term balances, NII and EVE respectively, for these regulatory measurements.

The results effectively realized during the month for trading activities are controlled against defined loss levels and if these levels are exceeded, senior management is notified in order to evaluate potential corrective actions.

Finally, the Market Risk Management Policy of Banco de Chile enforces to perform daily stress tests for the Trading Book and monthly for the Banking Book. Additionally, the stress test for the FVOCI portfolio is included, which is reported daily. The output of the stress testing process is monitored against corresponding alert levels; in the case those triggers are breached, the senior management is notified in order to implement further actions, if necessary. Additionally, these book tests are a fundamental part of establishing the Bank's price risk appetite framework.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(b)	Price Risk, continued:
---	---
	Up to 1 month	1 to 3 months	3 to 12 months	1 to 3 years	3 to 5 years	Over 5 years	Total
---	---	---	---	---	---	---	---
	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Assets as of June 30, 2024
Cash and due from banks
Transactions in the course of collection
Financial assets at fair value through other comprehensive income:
Debt financial instruments
Derivative financial instruments for hedging purposes
Financial assets at amortized cost:
Rights from resale agreements and securities lending
Debt financial instruments
Loans and advances to Banks
Loans to customers, net
Total Assets

All values are in US Dollars.

	Up to 1 month	1 to 3 months	3 to 12 months	1 to 3 years	3 to 5 years	Over 5 years	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Assets as of December 31, 2023
Cash and due from banks
Transactions in the course of collection
Financial assets at fair value through other comprehensive income:
Debt financial instruments
Derivative financial instruments for hedging purposes
Financial assets at amortized cost:
Rights from resale agreements and securities lending
Debt financial instruments
Loans and advances to Banks
Loans to customers, net
Total Assets

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(b)	Price Risk, continued:
---	---
	Up to 1 month	1 to 3 months	3 to 12 months	1 to 3 years	3 to 5 years	Over 5 years	Total
---	---	---	---	---	---	---	---
	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Liabilities as of June 30, 2024
Transactions in the course of payment
Derivative Financial Instruments for hedging purposes
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued (*)
Other financial obligation
Financial instruments of regulatory capital issued (subordinated bonds)
Total liabilities

All values are in US Dollars.

	Up to 1 month	1 to 3 months	3 to 12 months	1 to 3 years	3 to 5 years	Over 5 years	Total
	MCh	MCh	MCh	MCh	MCh	MCh	MCh
Liabilities as of December 31, 2023
Transactions in the course of payment
Derivative Financial Instruments for hedging purposes
Financial liabilities at amortized cost:
Current accounts and other demand deposits
Saving accounts and time deposits
Obligations by repurchase agreements and securities lending
Borrowings from financial institutions
Debt financial instruments issued (*)
Other financial obligation
Financial instruments of regulatory capital issued (subordinated bonds)
Total liabilities

All values are in US Dollars.

(*)	Amounts shown here are different from those reported in the<br>liabilities report which is part of the liquidity analysis, due to differences in the treatment of mortgage bonds issued by the Bank<br>in both reports.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---

(b)	Price Risk, continued:

Price Risk Sensitivity Analysis

The Bank uses stress tests as the main sensitivity analysis tool for Price Risk. The analysis is implemented for the Trading Book, Banking Book and the FVOCI portfolio separately. The Bank has adopted this tool as it is considered more useful than fluctuations in business as usual scenario, such as VaR or EaR, given that:

(i)	The financial crisis show market factors fluctuations that are materially larger than those used in the<br>VaR with 99% of confidence level or EaR with 99% of confidence level.
(ii)	The financial crisis also show that correlations between these fluctuations are materially different from<br>those used in the VaR computation, since a crisis precisely indicates severe disconnections between the behaviors of market factors fluctuations<br>respect to the patterns observed under normal conditions.
---	---
(iii)	Trading liquidity dramatically diminishes during financial distress and especially in emerging markets.<br>Therefore, the overnight VaR number might not be representative of the loss for trading portfolios in such environment since closing exposures<br>period may exceed one business day. This may also happen when calculating EaR, even considering three months as the closing period.
---	---

The impacts are determined by mathematical simulations of fluctuations in the values of market factors, and also, estimating the changes of the economic and /or accounting value of the financial positions.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---

(b)	Price Risk, continued:

In order to comply with IFRS 9, the following exercise was included illustrating an estimation of the impact of extreme but reasonable fluctuations of interest rates, swaps yields, FX rates and exchange volatility, which are used for valuing Trading Book, Banking Book and the FVOCI portfolio. Given that the Bank's portfolio includes positions denominated in nominal and real interest rates, these fluctuations must be aligned with extreme but realistic Chilean inflation changes forecasts.

For the Trading Book, the exercise is implemented by multiplying the sensitivities by the fluctuations obtained as the results of mathematical simulations over a two-week time horizon and using the maximum historical volatility, within a significant period of time, in each of the market factor present. In the case of the FVOCI portfolio a four-week time horizon is used due to liquidity constrains; Banking Book impacts are estimated by multiplying cumulative gaps by forward interest rates fluctuations modeled over a three-month time horizon and using the maximum historical volatility of interest fluctuations but limited by maximum fluctuations and / or levels observed within a significant period of time. It is relevant to note that the methodology might ignore some portion of the interest rates convexity, since it is not captured properly when large fluctuations are modeled. In any case, given the magnitude of the changes, the methodology may be reasonable enough for the purposes and scope of the analysis.

The following table illustrates the fluctuations resulting from the main market factors in the maximum stress test exercise, or more adverse, for the Trading Book.

The directions or signs of these fluctuations are those that correspond to those that generate the most adverse impact at the aggregate level.

	Average Fluctuations of Market Factors for Maximum Stress Scenario
	Trading Book
	CLP <br>Derivatives <br>(bps)		CLP <br>Bonds <br>(bps)		CLF <br>Derivatives <br>(bps)		CLF <br>Bonds <br>(bps)		Offshore SOFR Derivatives (bps)		Spread On/Off Derivatives (bps)
Less than 1 year		24		83		84		192		)		)
Greater than 1 year		14		84		111		179		)

All values are in US Dollars.

bps = basis points.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(b)	Price Risk, continued:
---	---

The worst impact on the Bank's Trading Book as of June 30, 2024, as a result of the simulation process described above, is as follows:

Most Adverse Stress Scenario P&L Impact
Trading Book
(MCh)
CLP Interest Rate		(3,828	)
Derivatives	)
Debt instruments	)
CLF Interest Rate		(5,758	)
Derivatives	)
Debt instruments	)
Interest rate offshore		(31	)
Domestic/offshore interest rate spread		(690	)
Total Interest rates		(10,307	)
Banking spread		(183	)
Total FX and FX Options		374
Total		(10,116	)

All values are in US Dollars.

The modeled scenario would generate losses in the Trading Book for Ch$10,116 million. In any case, such fluctuations would not result in material losses compared to Basic Capital or to the P&L estimate for the next 12-months.

The impact on the Banking Book as of June 30, 2024, which does not necessarily mean a net loss(gain) but a greater(lower) net income from funds generation (resulting net interest rate generation), is illustrated below:

Most Adverse Stress Scenario 12-Month Revenue
Banking Book
(MCh)
Impact by Base Interest Rate shocks	)
Impact due to Spreads Shocks	)
Higher / (Lower) Net revenues	)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---

The impact on the FVOCI portfolio it is show in the followings tables. First are the main fluctuation in the market factors, due to the scenarios provided for the stress test meltdown (more adverse), for this portfolio.

The sign of the fluctuation below, correspond to the ones that generate the most adverse impact.

Average Fluctuations of Market Factorsfor Maximum Stress Scenario

FVOCI Portfolio

	CLP Bonds<br><br> (bps)		CLF Bonds<br><br> (bps)		Offshore SOFR Derivatives (bps)	Spread On/Off Derivatives (bps)
Less than 1 year		217		217			)
Greater than 1 year		125		154			)

All values are in US Dollars.

bps = basis points

The worst impact on the Bank's FVOCI portfolio as of June 30, 2024, as a result of the simulation process described above, is as follows:

Most Adverse Stress Scenario P&L Impact FVOCI portfolio (MCh)
CLP Debt Instrument	)
CLF Debt Instrument	)
Interest rate offshore	)
Domestic/offshore interest rate spread
Banking spread	)
Corporative spread	)
Total	)

All values are in US Dollars.

The modeled for the FVTOCI Portfolio would generate potential impacts on equity accounts for Ch$100,867 million.

The main negative impact on the Trading Book would occur as a result of an increase in debt instruments in CLF over 1 year, followed by an increase in CLP debt instruments over 1 year, while in the case of the FVTOCI portfolio the main impact comes from upward fluctuations in interest rates of debt instruments in CLF greater than 1 year and from the simulated corporate spread. For its part, the lowest potential income in the next 12 months in the Banking Book would occur in a scenario of a sharp drop in nominal interest rates and inflation.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(4)	Other Information related to Financial Risks:
---	---
a)	Implementation of new reference rates in foreign currency:
---	---

As a consequence of the decisions made by the United Kingdom Financial Conduct Authority (FCA) and the recommendations of the Alternative Reference Rates Committee (ARRC) made up of the Federal Reserve Board and the New York FED, from 12-31-2021 Libor rates in currencies other than US$ are no longer published, from 01-01-2022 new operations based on Libor stopped being issued and it was reported that from 06-30-2023 Libor in US$ will stop being published. As a result, it was recommended to use the US$ Libor published only in contracts in force as of 12-31-2021 up to the last date of publication of this.

Given the above, the Bank enabled and implemented, in its different dimensions, the new risk-free reference rates (“RFR”) for carrying out operations in foreign currency as of 01-01-2022.

The process was structured in 5 phases:

·	1stphase
-	Identification<br>of the risks associated with the Libor transition process through the collection of information regarding the number of operations, amounts<br>involved, remaining terms, types of products and course coins.
---	---
-	Periodic<br>exchange of information with the main global banks regarding the RFRs that were being defined as a replacement for Libor rates.
---	---
-	Review<br>of the documents published by the ARRC with its recommendations.
---	---
·	2ndphase
---	---
-	Preparation<br>and presentation to the CMF in the year 2021 of the situational analysis of Banco de Chile regarding the end of Libor. This included<br>reporting on the information research carried out in the 1st stage and the impact that the end of the Libor rate had both at the level<br>of products and at the level of Bank areas.
---	---
·	3rdphase
---	---
-	Definition<br>of the new RFRs to be used in the different currencies (daily SOFR, term SOFR, TONAR, SONIA, etc.)
---	---
-	Implementation<br>of the RFR in the Bank's systems
---	---
·	4thphase
---	---
-	Carrying<br>out tests of course of financial operations to review the correct accrual of the new RFR.
---	---
-	Preparation<br>of documentation with the RFR.
---	---
·	5thphase
---	---
-	Renegotiation<br>of contracts with floating Libor rate with expiration after June 2023, in process.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(4)	Other Information related to Financial Risks, continued:
---	---
b)	FCA publication of April 03, 2023:
---	---

In November 2022, FCA announced a consultation on the possibility of continuing to publish synthetic USD LIBOR rates for 1, 3 and 6 months after the cessation of the defined LIBOR panel on June 30, 2023.

From the inquiry, on April 3, 2023 the FCA has announced that it will require the LIBOR panel to continue to publish 1, 3 and 6 month LIBOR rate adjustments using a 'synthetic' non-representative methodology.

Likewise, the FCA intends to cease publishing synthetic adjustments on September 30, 2024, however, it will take into account any unforeseen and material events.

c)	Offsetting of financial assets and liabilities:

The Bank trades financial derivatives with foreign counterparties using ISDA Master Agreement (International Swaps and Derivatives Association, Inc.), under legal jurisdiction of the City of New York – USA or London – United Kingdom. Legal framework in these jurisdictions, along with documentation mentioned, it allows Banco de Chile the right to anticipate the maturity of the transaction and then, offset the net value of those transactions in case of default of counterparty. Additionally, the Bank has negotiated with these counterparties an additional annex (CSA Credit Support Annex), that includes other credit mitigating, such as entering margins on a certain amount of net value of transactions, early termination (optional or mandatory) of transactions at certain dates in the future, coupon adjustment of transaction in exchange for payment of the debtor counterpart over a certain threshold amount, etc.

Below are detail the contracts susceptible to offset:

	Fair Value		Negative Fair Value<br> of contracts with<br> right to offset				Positive Fair Value of<br> contracts with right<br> to offset				Financial Collateral				Net Fair Value
	June	December	June		December		June		December		June		December		June	December
	2024	2023	2024		2023		2024		2023		2024		2023		2024	2023
	MCh	MCh	MCh		MCh		MCh		MCh		MCh		MCh		MCh	MCh
Derivative financial assets				)		)		)		)		)		)
Derivative financial liabilities				)		)		)		)		)		)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(5)	Operational risk:
---	---

One of the Bank's objectives is to monitor, control and maintain at adequate levels, the risk of losses resulting from a lack of adequacy or a failure of processes, personnel and/or internal systems, or due to external events. This definition includes legal risk and excludes strategic and reputational risk.

Operational risk is inherent in all activities, products and systems, and cuts across the entire organization in its strategic, business and support processes. It is the responsibility of all the Bank's collaborators to manage and control the risks generated within their scope of action, since their materialization may lead to direct or indirect financial losses.

To face this risk, the Bank has defined a Regulatory Framework and a governance structure according to the volume and complexity of its activities. The Retail Credit Risk and Global Risk Control Division administer the management of this risk, through the establishment of an Operational Risk Management. Likewise, the “Superior Committee for Operational Risk” and the “Committee for Operational Risk” supervise it.

The Operational Risk Policy defines a comprehensive management model based on four main processes that ensure an adequate control environment in the organization.

These processes are implemented in the different areas of Operational Risk action, using various management and control tools:

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(5)	Operational risk, continued:
---	---

The aforementioned processes correspond to:

1. Identification and Evaluation: At Banco de Chile, this process considers internal and external factors, which allows us to better understand operational risk, and thus allocate resources and define strategies efficiently and effectively.

The Bank promotes the use of methodologies and procedures with the objective of guaranteeing an adequate identification and evaluation of these risks, both inherent and residual. These are executed with a frequency that allows knowing the operational risks in a timely manner.

2. Control and Mitigation: Determination of acceptable risk levels and mitigation actions to be applied in case of deviation from these levels. This process aims to maintain risk at adequate levels.

Banco de Chile will execute a set of control and mitigation tools in the different areas of management, which will make it possible to alert deviations in exposure to operational risk, where mitigation measures will be evaluated to solve them.

3. Monitoring and Reporting: This process aims to guarantee the monitoring of the main risks and inform the different interested parties.

At Banco de Chile, monitoring and reporting will consider information related to the different areas of management. If necessary, the results of the monitoring activities will be included in the relevant government instances.

4. Operational Risk Culture: The Operational Risk Management plans operational risk culture programs, aimed at raising awareness and training Bank employees in risk identification, control effectiveness, and event detection in their normal operating activities, so that each collaborator contributes to reduce the occurrence of risk events and mitigate their impact on the business.

Additionally, the comprehensive management of Operational Risk considers the following areas:

−	Fraud Management
−	Process Assessment
---	---
−	Testing of Controls
---	---
−	Event Management
---	---
−	Loss Base Management
---	---
−	Profile and Risk Appetite Framework
---	---
−	Generation of stress test models for Operational Risk
---	---
−	Supplier Management
---	---
−	Self-Assessment Matrix
---	---
−	Operational Risk Assessment for Projects
---	---
−	Subsidiary Control
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:
(5)	Operational risk, continued:
---	---

All areas previously mentioned, together with the corresponding regulatory framework and governance structure, constitute the overall management of Operational Risk. In this way, Banco de Chile and its Subsidiaries ensure an adequate environment for the management of operational risk.

Below is the exposure to net loss, gross loss and recoveries due to operational risk events as of June 30, 2024 and 2023:

	June 2024				June 2023
Category	Lost Gross MCh	Recoveries MCh		Lost Net MCh	Lost Gross MCh	Recoveries MCh		Lost Net MCh
Internal fraud							)
External fraud			)				)
Work practices and safety in the business position			)
Customers, products and business practices
Damage to physical assets			)				)
Business interruption and system failures			)
Execution, delivery and process management			)				)
Total			)				)

All values are in US Dollars.

Cybersecurity

The Engineering Management is in charge of defining, implementing and maximizing existing cyber threat protection technologies, and defining and maintaining the security architecture. The Cyber Defense Management is responsible for safeguarding information assets by proactively detecting, responding and containing threats. Likewise, this department is responsible for managing cybersecurity incidents in an assertive and timely manner, minimizing the impact and improving response times, with the aim of protecting the Bank's operations.

The Strategic Management Department is responsible for defining, managing, and complying with the strategic plan of the Cybersecurity Division, guaranteeing the effective and efficient use of resources, as well as to impart and control cybersecurity guidelines for suppliers. While the Technological Risk Management Department is in charge of identifying, evaluating, addressing and reporting information security risks related to technology and cybersecurity. This includes managing the technology risks in the projects of the bank. On the other hand, the Cybersecurity Assurance Management department has the responsibility to review the compliance of strategic plan of the cybersecurity policies, procedures and regulatory framework. Likewise, it develops and implements the cybersecurity awareness program of the corporation. Finally, the Cyber Intelligence and Advanced Analytics Unit aims to obtain, analyze, and process information in a timely manner regarding threats and at the same time to provide cyber intelligence and facilitate decision-making within the corporation for the purpose of keeping it safe, protected and resilient.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

Business Continuity:

The Bank in the management for the compliance with the objectives related to the delivery of the service of attention to its clients, has the Management of Business Continuity, responsible for managing the constant preparation for the safeguard of the operation of the critical products and services before situations that could affect the continuity of the organization or of the country.

In addition, the Business Continuity Management defines the global and regulatory framework established in the Policy and Standard, developing a consistent Continuity Plan for the Bank and its Subsidiaries, with the aim of managing the strategy and control of business continuity in operational and technological lines, maintaining alternate operation plans, controlled and simulation tests to reduce the impact of disruptive events, in addition to providing resilience to the organization by establishing comprehensive strategies to ensure the safety of the employees, protect the Bank's assets from catastrophic scenarios, maintain relevant documentation and carry out trainings associated with this subject. Additionally, it designs and implements independent controls, through the Information Security Officer (ISO) Role.

That is why Business Continuity has methodologies and controls that contribute to the application of the comprehensive model within the corporation, mainly represented in the following management areas:

−	Document Management: It consists of carrying out methodological<br>processes of updating the documentation that supports Business Continuity in operational and technological areas, with the aim of keeping<br>the strategy implemented in the Bank up to date and in accordance with the guidelines of Business Continuity Management (BCM).
−	Business Continuity Tests: It refers to annually scheduled<br>contingency simulations that address the 5 risk scenarios defined for the Bank (Failure in Technology Infrastructure, Failure in Physical<br>Infrastructure, Massive Absence of Personnel, Failure in Critical Supplier Service and Cybersecurity), allowing to maintain constant<br>training and integration of critical personnel operating the payment chain, under the defined contingency procedures that support the<br>Bank's critical products and services.
---	---
−	Crisis Management: Internal process of the Bank that<br>maintains and trains the key executive roles associated with the Crisis Groups in conjunction with the main recovery strategies and structures<br>defined in the BCM model. In this way, it constantly strengthens the different areas necessary for preparation, execution and monitoring,<br>that will allow facing crisis events in the Bank.
---	---
−	Critical Supplier Management: This involves the management,<br>control and testing of Business Continuity Plans implemented by the suppliers involved in the processing of critical products and services<br>for the Bank, associated with the risk scenarios established in direct relation to the contracted service.
---	---

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	Risk Management and Report, continued:

Business Continuity, continued:

−	Alternative Site Management: It includes the continuous<br>management and control of secondary physical locations for the Bank's critical units, to keep the operation active in case of failure<br>in the main work location. The objective is to protect and maintain the technological and operational functionalities of the alternative<br>sites, to reduce recovery times in case of crisis and that activation is effective when its use is required.
−	Relations with subsidiaries and External Entities:<br>It consists of the permanent control, management and leveling on the compliance of Subsidiaries under the methodology and strategic lines<br>established by the Bank in crisis environments and Business Continuity Management. It also includes the global management with the requirements<br>of internal and external regulators.
---	---
−	Continuous Improvement: considers the application<br>of processes, automation and the adaptation of resources used in the internal processes of the business continuity model, with the objective<br>of improving response in the delivery and analysis of information in contingencies, complementing the managed processes of the BCM.
---	---
−	Training: It includes the development and implementation<br>of processes and instances prepared under different learning methodologies to strengthen and empower employees on the areas of the business<br>continuity model.
---	---
−	Cybersecurity Control: Design and implement independent<br>controls by monitoring the tasks carried out by the organizational units responsible for the Bank's information security and cybersecurity.
---	---

The management and unification of the described areas, together with the compliance of the implemented regulations and the structured governability, constitute the Business Continuity Model of the Bank of Chile.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

48.	Information on Regulatory Capital and Capital Adequacy Ratios:

Requirements and Capital Management:

The main objectives of the Bank's capital management are to ensure the adequacy and quality of its capital, at a consolidated level, based on the adequate management of the risks it faces in its operations, establishing sufficient capital levels, through the definition of internal objectives, that supports both the business strategy in both normal and stress scenarios in the short and medium term, thus ensuring compliance with regulatory requirements, coverage of its material risks, a solid credit classification and the generation of adequate capital clearances. During 2024, the Bank has met the required capital requirements and its internal sufficiency objectives.

As part of its Capital Management Policy, the Bank has established capital sufficiency alerts and limits approved by the Board of Directors, which are monitored by the governance structures that the Bank has established for these purposes, including the Capital Management Committee. During 2024, none of the internal alerts defined by the Bank were activated as part of the Capital Risk Appetite Framework. In this sense, the Bank manages capital based on its strategic objectives, its risk profile and its ability to generate cash flows, as well as the economic and business context in which it operates. If it requires strengthening its capital structure, the Bank may, among other options, propose to its shareholders meeting modifications to the dividend payment ratio, as well as issue basic capital, additional tier 1 capital or tier 2 capital instruments.

Capital Requirements

In accordance with the General Banking Law, the effective equity of a bank may not be less than 8% of its risk-weighted assets (RWA), net of required provisions. Additionally, it establishes that the Basic Capital may not be less than 4.5% of its APR or 3% of its total assets, net of required provisions. Regarding Tier 1 capital, corresponding to the sum of Basic Capital and Additional Tier 1 Capital, the latter in the form of bonds with no maturity date and preferred shares, it is established that it may not be less than 6% of their RWAs, net of required provisions. Likewise, banking entities must comply, as established by current regulations or regulators, with buffers and capital charges, such as the conservation buffer, the countercyclical buffer and capital charges by the systemically important buffer and/or Pillar 2.

Adoption of the Basel IIIstandard

In 2019, the CMF began the regulatory process for the implementation of Basel III standards in Chile, as established in Law No. 21,130 that modernizes banking legislation. During the years 2020 and 2021, the CMF promulgated the different regulations for the adoption of the Basel III standard for local banking, which are applicable as of December 1, 2021. The regulation includes the standard methodologies to determine, among others, Credit, Operational and Market Risk-Weighted Assets, regulatory capital, leverage ratio and systemically important banks. Additionally, the regulations describe requirements and conditions applicable to: (i) the application of internal models for the calculation of certain risk-weighted assets, (ii) the issuance of additional tier 1 and tier 2 capital hybrid instruments, (iii) market disclosure requirements (Pillar 3), (iv) the principles for determining capital buffers (countercyclical and conservation), (v) additional requirements to which banks defined as systemically important and (vi) the criteria by which banks can be defined as atypical and subject to more exhaustive supervision, as well as additional capital requirements (Pillar 2) among others.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

48.	Information on Regulatory Capital and Capital Adequacy Ratios,continued:

On May, 2023, the Central Bank reported that its board agreed to activate the counter-cyclical core capital requirement for banks, at a local banking industry level, equivalent to 0.5% of the risk-weighted assets of banking institutions, required starting from the month of May 2024.

On January 16, 2024, the Financial Market Commission (CMF) reported that, as a result of the supervision process, it resolved to apply additional capital requirements of Pillar 2 of 0.5% for Banco de Chile within an implementation period of four years. This requirement must be constituted in a ratio of 25% no later than June 30, 2024. The remaining amounts for each of the following three years will be adjusted according to the result of the annual evaluation of Patrimonial Sufficiency carried out by the CMF, taking into consideration any possible modifications made to the total additional charge applicable to the Bank. Likewise, this requirement must be recognized at least 56.3% with basic capital in proportion to the minimum legal requirements.

On April 1, 2024, the CMF reported the result of the annual review of the banks' systemic importance rating, maintaining an additional basic capital charge of 1.25% of the APR for Banco de Chile, payable in accordance to the gradualness defined by the regulations, so the capital charge required as of December 2024 will be equivalent to 75% of said percentage. CMF did not report additional requirements linked to Banco de Chile's status as a systemic bank.

The aforementioned Basel III banking solvency standards consider a series of transitory regulations. These measures include: i) the gradual adoption of the conservation buffer, requirements for systemic banks, ii) the gradual application of adjustments to regulatory capital, iii) the temporary substitution of additional tier 1 capital (AT1) for tier 2 capital instruments, that is, subordinated bonds and additional provisions, completed in November 2023 and iv) gradualness to continue recognizing subordinated bonds issued by banking subsidiaries as effective equity, among other matters.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

48.	Information on Regulatory Capital and Capital Adequacy Ratios,continued:

Information on regulatory capital and capital adequacy indicators is presented below:

	Total assets, risk-weighted assets and components of the	Local and Overall	Local and Overall
	effective equity according to Basel III	consolidated	consolidated
Item No.	Item description	June -2024	Dec-2023
		MCh	MCh
1	Total assets according to the statement of financial position
2	Non-consolidated investment in subsidiaries
3	Assets discounted from regulatory capital, other than item 2
4	Derivative credit equivalents
4.1	Financial derivative contracts
5	Contingent loans
6	Assets generated by the intermediation of financial instruments
7	= (1-2-3+4-4.1+5-6) Total assets for regulatory purposes
8.a	Credit risk weighted assets, estimated according to the standard methodology (CRWA)
8.b	Credit risk weighted assets, estimated according to internal methodologies (CRWA)
9	Market risk weighted assets (MRWA)
10	Operational risk weighted assets (ORWA)
11.a	= (8.a/8.b+9+10) Risk-weighted assets (RWA)
11.b	= (8.a/8.b+9+10) Risk-weighted assets, after application of the output floor (RWA)
12	Owner's equity
13	Non-controlling interest
14	Goodwill
15	Excess minority investments
16	= (12+13-14-15) Core Tier 1 Capital (CET1)
17	Additional deductions to core tier 1 capital, other than item 2
18	= (16-17-2) Core Tier 1 Capital (CET1)
19	Voluntary provisions (additional) imputed as additional Tier 1 capital (AT1)
20	Subordinated bonds imputed as additional tier 1 capital (AT1)
21	Preferred shares allocated to additional tier 1 capital (AT1)
22	Bonds without a fixed term of maturity imputed to additional tier 1 capital (AT1)
23	Discounts applied to AT1
24	= (19+20+21+22-23) Additional Tier 1 Capital (AT1)
25	= (18+24) Tier 1 Capital
26	Voluntary provisions (additional) imputed as Tier 2 capital (T2)
27	Subordinated bonds imputed as Tier 2 capital (T2)
28	= (26+27) Equivalent tier 2 capital (T2)
29	Discounts applied to T2
30	= (28-29) Tier 2 capital (T2)
31	= (25+30) Effective equity
32	Additional basic capital required for the constitution of the conservation buffer
33	Additional basic capital required to set up the countercyclical buffer
34	Additional basic capital required for banks qualified as systemic
35	Additional capital required for the evaluation of the adequacy of effective equity (Pillar 2)

All values are in US Dollars.

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

48.	Information on Regulatory Capital and Capital Adequacy Ratios,continued:
	Local and Overall<br><br> consolidated			Local and Overall consolidated
---	---	---	---	---	---	---
	June -2024			Dec -2023
Capital Adequacy Ratios and Regulatory Compliance according to Basel III	%			%
Leverage Ratio		9.59	%		9.04	%
Leverage Ratio that the bank must meet, considering the minimum requirements		3	%		3	%
CET 1 Capital Ratio		13.79	%		13.73	%
CET 1 Capital Ratio that the bank must meet, considering the minimum requirements		5.25	%		5.13	%
Capital buffer shortfall		0	%		0	%
Tier 1 Capital Ratio		13.79	%		13.73	%
Tier 1 Capital Ratio that the bank must meet, considering the minimum requirements		6.13	%		6.00	%
Total or Regulatory Capital Ratio		17.50	%		17.45	%
Total or Regulatory Capital Ratio that the bank must meet, considering the minimum requirements		8.75	%		8.63	%
Total or Regulatory Capital Ratio that the bank must meet, considering the charge for article 35 bis		8	%		8	%
Total or Regulatory Capital Ratio that the bank must meet, considering the minimum requirements, conservation buffer and countercyclical buffer		11.13	%		10.50	%
Credit rating		A			A
Regulatory compliance for Capital Adequacy
Additional provisions computed in Tier 2 capital (T2) in relation to CRWA		1.25	%		1.25	%
Subordinated bonds computed as Tier 2 capital (T2) in relation to CET 1 Capital		19.01	%		19.16	%
Additional Tier 1 Capital (AT1) in relation to CET 1 Capital		0	%		0	%
Voluntary (additional) provisions and subordinated bonds computed as AT1 in relation to RWAs		0	%		0	%

NOTES TO THE INTERIM CONSOLIDATED FINANCIALSTATEMENTS, continued

49.	Subsequent Events:
a)	During the month of July 2024, Banco de Chile has reported<br>as an essential fact the following placements in the local market of senior, dematerialized and bearer bonds issued by Banco de Chile<br>and registered in the Securities Registry of the Commission for the Financial Market:
---	---
Date	Registration<br><br> number in the<br><br> Securities<br><br> Registry	Serie	Amount		Currency	Maturity date	Average rate
---	---	---	---	---	---	---	---	---	---
July 9, 2024	11/2022	FB		1,100,000	UF	04/01/2029		3.50	%
July 9, 2024	11/2022	FB		50,000	UF	04/01/2029		3.49	%
July 9, 2024	11/2022	EY		350,000	UF	04/01/2028		3.29	%
July 10, 2024	11/2022	FB		150,000	UF	04/01/2029		3.45	%
July 11, 2024	11/2022	FC		1,050,000	UF	01/01/2030		3.47	%
July 12, 2024	11/2022	FC		200,000	UF	01/01/2030		3.43	%
July 18, 2024 (*)	20240002	HX		200,000	UF	12/01/2044		3.50	%
July 23, 2024	11/2022	FB		700,000	UF	04/01/2029		3.23	%
July 24, 2024	11/2022	FA		500,000	UF	08/01/2028		3.04	%
(*)	The bonds have been registered under the Automatic Registration<br>modality, with the registration number dated April 5, 2024.
---	---
b)	On July 5, 2024, in its resolution, Chilean Commission for<br>the Financial Markets (¨CMF¨) decided to execute the agreement of its committee that authorized the bank together with its subsidiary<br>Banchile Asesoría Financiera S.A. to constitute a company Operadora de Tarjetas as a subsidiary of the Bank. At the session on<br>July 11, 2024, the board of directors approved to form the company.
---	---
c)	On July 19, 2024, the subsidiary Banchile Corredores de Bolsa<br>informed as a significant event that at the session on that date, the board of directors approved the resignation of Mr Juan Bissone<br>as the director of the company.
---	---

The Interim Consolidated Financial Statements of Banco de Chile for the period ended June 30, 2024 were approved by the Directors on July 25, 2024.

In Management's opinion, there are no other significant subsequent events that affect or could affect the Interim Consolidated Financial Statements of Banco de Chile and its subsidiaries between June 30, 2024 and the date of issuance of these Interim Consolidated Financial Statements.

Héctor Hernández G.	Eduardo Ebensperger O.
General Accounting Manager	Chief Executive Officer

212