BCH 6-K 2026 - 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 February, 2026

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 December 31, 2025.

ConsolidatedFinancial Statements

forthe years ended December 31, 2025 and 2024

BANCODE CHILE AND SUBSIDIARIES

INDEX

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

MCh$	=	Millions of Chilean<br> pesos
BCh$	=	Billions of Chilean pesos
MUS$	=	Millions of U.S. dollars
ThUS$	=	Thousands of U.S. dollars
UF or CLF	=	Unidad de Fomento
		(The UF is an inflation-indexed, Chilean<br> peso denominated monetary unit set daily in advance on the basis of the previous month’s inflation rate).
Ch$ or CLP	=	Chilean pesos
US$ 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	=	Updated Standards Compilation issued<br> by the Chilean Financial Market Commission (“CMF”)
IFRIC	=	International Financial Reporting Interpretations<br> Committee
SIC	=	Standards Interpretation Committee

BANCODE CHILE AND SUBSIDIARIES

INDEX

		Page
Consolidated Statements of Financial Position		4
Consolidated Statements of Income		6
Consolidated Statements of Other Comprehensive<br> Income		8
Consolidated Statements of Cash Flows		9
Consolidated Statements of Changes in Equity		11
1.	Company information:	12
2.	Summary of Significant Accounting Policies:	13
3.	New Accounting Pronouncements Issued and Adopted, or<br> Issued that have not yet been Adopted:	50
4.	Changes in Accounting Policies	54
5.	Relevant Events:	55
6.	Business Segments:	60
7.	Cash and Cash Equivalents:	63
8.	Financial Assets Held for Trading at Fair Value through Profit or Loss:	64
9.	Non-trading Financial Assets mandatorily measured at Fair Value through<br> Profit or Loss:	65
10.	Financial Assets and Liabilities designated as at Fair Value through<br> Profit or Loss:	65
11.	Financial Assets at Fair Value through Other Comprehensive Income:	66
12.	Derivatives Hedge Accounting:	68
13.	Financial assets at amortized cost:	71
14.	Investments in other companies:	91
15.	Intangible Assets:	93
16.	Property and equipment:	94
17.	Right-of-use assets and Lease liabilities:	96
18.	Taxes:	98
19.	Other Assets:	103
20.	Non-current assets and disposal groups held for sale and Liabilities<br> included in disposal groups for sale:	104
21.	Financial liabilities held for trading at fair value through profit<br> or loss:	105
22.	Financial liabilities at amortized cost:	106
23.	Regulatory capital financial instruments:	112
24.	Provisions for contingencies:	115
25.	Provision for dividends:	119
26.	Special provisions for credit risk:	120
27.	Other Liabilities:	121
28.	Equity:	122
29.	Contingencies and Commitments:	127
30.	Interest Revenue and Expenses:	131
31.	Inflation indexation revenue and expense:	133
32.	Fee and commission income and expense:	135
33.	Net Financial Result:	136
34.	Results from investments in other companies:	137
35.	Result from non-current assets and disposal groups held for sale not<br> admissible as discontinued operations:	138
36.	Other operating Income and Expenses:	138
37.	Personnel expenses:	139
38.	Administrative expenses:	140
39.	Depreciation and Amortization:	141
40.	Impairment of non-financial assets:	141
41.	Credit loss expense:	142
42.	Income from discontinued operations:	144
43.	Related Party Disclosures:	144
44.	Fair Value of Financial Assets and Liabilities:	151
45.	Maturity according to their remaining Terms of Financial Assets and<br> Liabilities:	163
46.	Financial and Non-Financial Assets and Liabilities by Currency:	165
47.	Risk Management and Report:	166
48.	Information on Regulatory Capital and Capital Adequacy Ratios:	207
49.	Subsequent Events:	211

BANCODE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF FINANCIAL POSITION

Asof December 31,

	Notes	2025		2024
		MCh$		MCh$
ASSETS
Cash<br> and deposits in banks	7		2,590,986		2,699,076
Transactions<br> in the course of collection	7		414,419		372,456
Financial<br> assets held for trading at fair value through profit or loss:
Derivative<br> financial instruments	8		1,869,467		2,303,353
Debt<br> financial instruments	8		3,121,702		1,714,381
Others	8		402,259		411,689
Non-trading<br> financial assets mandatorily measured at fair value through profit or loss	9		—		—
Financial<br> assets designated at fair value through profit or loss	10		—		—
Financial<br> assets at fair value through other comprehensive income:
Debt<br> financial instruments	11		3,548,971		2,088,345
Others	11		—		—
Derivatives<br> Hedge Accounting	12		29,714		73,959
Financial<br> assets at amortized cost:
Rights<br> under repurchase agreements	13		100,643		87,291
Debt<br> financial instruments	13		460,937		944,074
Loans<br> to Banks	13		399,123		666,815
Commercial<br> loans	13		19,137,460		19,724,933
Residential<br> mortgage loans	13		13,874,507		13,180,186
Consumer<br> loans	13		5,343,032		5,183,917
Investments<br> in other companies	14		87,060		76,769
Intangible<br> assets	15		174,578		158,556
Property<br> and equipment	16		179,414		189,073
Right-of-use<br> assets	17		79,245		96,879
Current<br> tax assets	18		1,846		159,869
Deferred<br> tax assets	18		563,906		556,829
Other<br> assets	19		1,696,031		1,373,541
Non-current<br> assets and disposal groups held for sale	20		25,603		33,450
TOTAL<br> ASSETS			54,100,903		52,095,441

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

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF FINANCIAL POSITION

Asof December 31,

	Notes	2025			2024
		MCh$			MCh$
LIABILITIES
Transactions<br> in the course of payments	7		564,172			283,605
Financial<br> liabilities held for trading at fair value through profit or loss:
Derivative<br> financial instruments	21		2,080,222			2,444,806
Others	21		512			990
Financial<br> liabilities designated as at fair value through profit or loss	10		—			—
Derivatives<br> Hedge Accounting	12		297,817			141,040
Financial<br> liabilities at amortized cost:
Current<br> accounts and other demand deposits	22		14,498,196			14,263,303
Time<br> deposits and saving accounts	22		13,971,968			14,168,703
Obligations<br> under repurchase agreements	22		286,915			109,794
Borrowings<br> from financial institutions	22		1,296,751			1,103,468
Debt<br> financial instruments issued	22		10,800,851			9,690,069
Other<br> financial obligations	22		367,323			284,479
Lease<br> liabilities	17		74,343			91,429
Regulatory<br> capital financial instruments	23		1,087,093			1,068,879
Provisions<br> for contingencies	24		180,548			194,753
Provision<br> for dividends	25		605,955			597,228
Special<br> provisions for credit risk	26		721,282			774,184
Current<br> tax liabilities	18		33,809			132
Deferred<br> tax liabilities	18		1,422			166
Other<br> liabilities	27		1,432,189			1,255,412
Liabilities<br> included in disposal groups held for sale	20		—			—
TOTAL<br> LIABILITIES			48,301,368			46,472,440

EQUITY
Capital	28		2,420,538			2,420,538
Reserves	28		711,658			709,742
Accumulated<br> other comprehensive income
Items<br> that are not reclassified in profit and loss	28		6,894			7,552
Items<br> that can be reclassified to profit and loss	28		(16,653	)		(3,775	)
Retained<br> earnings from previous years	28		2,090,790			1,878,778
Income<br> for the year	28		1,192,262			1,207,392
Less:<br> Provision for dividends	28		(605,955	)		(597,228	)
Bank´s<br> Shareholders	28		5,799,534			5,622,999
Non-controlling<br> interests	28		1			2
TOTAL<br> EQUITY			5,799,535			5,623,001
TOTAL<br> LIABILITIES AND EQUITY			54,100,903			52,095,441

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

BANCODE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF INCOME

Forthe years ended December 31, 2025 and 2024,

	Notes	2025			2024
		MCh$			MCh$

Interest<br> revenue	30		2,715,753			2,919,967
Interest<br> expense	30		(969,638	)		(1,138,312	)
Net<br> interest income			1,746,115			1,781,655

Inflation<br> indexation revenue	31		675,633			829,188
Inflation<br> indexation expense	31		(369,864	)		(469,992	)
Net<br> inflation indexation income			305,769			359,196

Fee<br> and commission income	32		790,710			732,922
Fee<br> and commission expense	32		(153,451	)		(161,039	)
Net<br> fee and commission income			637,259			571,883

Financial<br> result for:
Financial<br> assets and liabilities held for trading	33		107,463			102,301
Non-trading<br> financial assets mandatorily measured at fair value through profit or loss	33		—			—
Financial<br> assets and liabilities designated as at fair value through profit or loss	33		—			—
Results<br> from derecognition of financial assets and liabilities at amortized cost and financial assets at FVTOCI	33		13,172			8,289
Exchange,<br> indexation and accounting hedging of foreign currency	33		155,696			164,597
Reclassification<br> of financial assets for changes in the business model	33		—			—
Other<br> financial result	33		—			—
Net<br> Financial Result	33		276,331			275,187

Results<br> from investments in other companies	34		12,457			17,052
Result<br> from non-current assets and disposal groups held for sale not admissible as discontinued operations	35		(365	)		(6,465	)
Other<br> operating income	36		48,477			51,777
TOTAL<br> OPERATING INCOME			3,026,043			3,050,285

Personnel<br> expenses	37		(570,355	)		(582,547	)
Administrative<br> expenses	38		(429,633	)		(416,696	)
Depreciation<br> and amortization	39		(95,110	)		(94,601	)
Impairment<br> of non-financial assets	40		(1,882	)		(2,851	)
Other<br> operating expenses	36		(33,958	)		(36,039	)
TOTAL<br> OPERATING EXPENSES			(1,130,938	)		(1,132,734	)

OPERATING<br> RESULT BEFORE CREDIT LOSSES			1,895,105			1,917,551

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

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF INCOME

Forthe years ended December 31, 2025 and 2024,

	Notes	2025			2024
		MCh			MCh

Credit loss expense for:
Provisions for credit<br> risk of loans to banks and loans to customers	41		(499,913	)		(452,448	)
Special provisions for credit<br> risk	41		51,020			(3,610	)
Recovery of written-off credits	41		71,383			65,313
Impairments<br> for credit risk of other financial assets at amortized cost and financial assets at FVTOCI	41		(4,412	)		(1,009	)
Credit<br> loss expense	41		(381,922	)		(391,754	)

NET OPERATING<br> INCOME			1,513,183			1,525,797

Income from<br> continuing operations before income tax			1,513,183			1,525,797
Income<br> tax	18		(320,921	)		(318,405	)

Income from<br> continuing operations after income tax			1,192,262			1,207,392

Income from<br> discontinued operations before income tax			—			—
Income<br> tax from discontinued operations	18		—			—

Income from<br> discontinued operations after income tax	42		—			—

NET<br> INCOME FOR THE YEAR	28		1,192,262			1,207,392

Attributable to:
Bank´s Shareholders	28		1,192,262			1,207,392
Non-controlling interests			—			—

Earnings per share:
Basic earnings	28		11.80			11.95
Diluted earnings	28		11.80			11.95

All values are in US Dollars.

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

BANCODE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF OTHER COMPREHENSIVE INCOME

Forthe years ended December 31, 2025 and 2024

	Notes	2025			2024
		MCh$			MCh$

NET<br> INCOME FOR THE YEAR	28		1,192,262			1,207,392

ITEMS<br> THAT WILL NOT BE RECLASSIFIED IN PROFIT OR LOSS
Re-measurement<br> of the liability (asset) for net defined benefits and actuarial results for other employee benefit plans	28		(62	)		115
Fair<br> value changes of equity instruments designated as at FVTOCI	28		(148	)		(212	)
Fair<br> value changes of financial liabilities designated as at fair value through profit or loss attributable to changes in the credit risk<br> of the financial liability	28		—			—
Others	28		—			—
OTHER<br> COMPREHENSIVE INCOME THAT WILL NOT BE RECLASSIFIED TO PROFIT OR LOSS BEFORE TAX			(210	)		(97	)

Income<br> tax on other comprehensive income that will not be reclassified to profit or loss	28		(448	)		893

TOTAL<br> OTHER COMPREHENSIVE INCOME THAT WILL NOT BE RECLASSIFIED TO INCOME AFTER TAXES	28		(658	)		796

ITEMS<br> THAT CAN BE RECLASSIFIED TO PROFIT OR LOSS
Fair<br> value changes of financial assets at FVTOCI	28		8,806			(4,664	)
Cash<br> flow hedges	28		(28,341	)		(21,798	)
Participation<br> in other comprehensive income of entities registered under the equity method	28		(59	)		26

OTHER<br> COMPREHENSIVE INCOME THAT WILL BE RECLASSIFIED TO INCOME BEFORE TAXES			(19,594	)		(26,436	)

Income<br> tax on other comprehensive income that can be reclassified in profit or loss	28		6,716			5,175

TOTAL<br> OTHER COMPREHENSIVE INCOME THAT WILL BE RECLASSIFIED TO PROFIT OR LOSS AFTER TAX	28		(12,878	)		(21,261	)

TOTAL<br> OTHER COMPREHENSIVE INCOME FOR THE YEAR	28		(13,536	)		(20,465	)

CONSOLIDATED<br> COMPREHENSIVE INCOME FOR THE YEAR			1,178,726			1,186,927

Attributable<br> to:
Bank´s<br> Shareholders			1,178,726			1,186,927
Non-controlling<br> interests			—			—

Theaccompanying notes 1 to 49 are an integral part of these consolidated financial statements

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the years ended December 31, 2025 and 2024

	Notes	2025			2024
		MCh$			MCh$
CASH FLOW FROM<br> OPERATING ACTIVITIES:
Profit<br> for the year before taxes			1,513,183			1,525,797
Income<br> tax	18		(320,921	)		(318,405	)
Net income for<br> the year			1,192,262			1,207,392
Charges (credits)<br> to income (loss) that do not represent cash flows:
Depreciation<br> and amortization	39		95,110			94,601
Impairment<br> of non-financial assets	40		1,882			2,851
Allowances<br> established for credit risk			503,482			452,184
Provisions<br> for contingent loans	41		18,858			4,883
Additional<br> provisions	41		(69,035	)		—
Fair<br> value of debt financial instruments held for trading at FVTPL			(5,183	)		(1,712	)
Change<br> in deferred tax assets and liabilities	18		(7,188	)		(16,678	)
Net<br> (income) loss from investments in other companies with significant influence	34		(11,983	)		(8,730	)
Net<br> (income) loss on sale of assets received in payments			(1,896	)		(1,271	)
Net<br> (income) loss on sale of fixed assets	35		(6,685	)		(938	)
Charge-off<br> assets received in lieu of payment or foreclosed at judicial auction	35		18,689			14,942
Other<br> charges (credits) that do not represent cash flows			22,557			8,739
Net<br> change in exchange rates, interest, readjustments and commissions accrued on assets and liabilities			484,692			547,180

Changes<br> due to (increase) decrease in assets and liabilities affecting the operating flow:
Net<br> (increase) decrease in loan to banks			263,618			1,853,194
Net<br> (increase) decrease in loans to customers			(804,791	)		(1,566,163	)
Net<br> (increase) decrease of debt financial instruments held for trading at FVTPL			(226,127	)		297,364
Net<br> (increase) decrease in other assets and liabilities			259,294			(261,262	)
Increase<br> (decrease) in Current accounts and other demand deposits			237,018			942,650
Increase<br> (decrease) in repurchase agreements			179,653			(55,184	)
Increase<br> (decrease) in deposits and other time deposits			(182,985	)		(1,167,941	)
Sale<br> of assets received in lieu of payment			27,280			19,556
Increase<br> (decrease) in obligations with foreign banks			318,702			91,361
Increase<br> (decrease) in other financial obligations			88,501			(54,802	)
Increase<br> (decrease) in obligations with the Central Bank of Chile			—			(4,348,400	)
Net<br> increase (decrease) of debt financial instruments at FVTOCI			(1,473,436	)		1,611,197
Net<br> (increase) decrease of financial instruments at amortized cost			380,108			506,337
Total<br> net cash flows provided by (used in) operating activities			1,302,397			171,350

CASH<br> FLOW FROM INVESTING ACTIVITIES:
Leasehold improvements	17		(765	)		(872	)
Property and equipment<br> purchase	16		(17,937	)		(16,354	)
Property and equipment<br> sale			9,065			1,294
Sale of investments<br> in companies			—			11,791
Acquisition of intangibles	15		(58,597	)		(57,617	)
Dividend<br> received of investments in companies			3,848			3,416
Total<br> net cash flows provided by (used in) investing activities			(64,386	)		(58,342	)

CASH<br> FLOW FROM FINANCING ACTIVITIES:
Attributable to<br> the interest of the owners:
Redemption and<br> payment of interest of mortgage finance bonds of credit			(350	)		(639	)
Redemption and<br> payment of interest on senior bonds			(1,990,111	)		(1,447,751	)
Redemption and<br> payment of interest on subordinated bonds			(52,944	)		(50,637	)
Senior bonds issuance	22		2,742,341			1,012,638
Subordinated bonds<br> issuance			—			—
Payment of common<br> stock dividends	28		(995,380	)		(815,932	)
Principal and interest<br> payments for obligations under lease contracts	17		(30,897	)		(29,991	)
Attributable to<br> non-controlling interest:
Dividend<br> payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest			—			—
Total<br> net cash flows provided by (used in) financing activities			(327,341	)		(1,332,312	)

VARIATION<br> IN CASH AND CASH EQUIVALENTS DURING THE YEAR			910,670			(1,219,304	)

Effect of exchange<br> rate changes on cash and cash equivalents			(78,110	)		164,743

Opening balance<br> of cash and cash equivalent	7		4,489,586			5,544,147

Final<br> balance of cash and cash equivalent	7		5,322,146			4,489,586

			2025			2024
			MCh$			MCh$
Interest operating<br> cash flow:
Interest and readjustments<br> received			3,514,835			3,645,741
Interest and readjustments<br> paid			(1,391,336	)		(1,570,720	)

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

BANCODE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF CASH FLOWS

Forthe years ended December 31, 2025 and 2024

Reconciliation of liabilities arising from financing activities:

										Changes<br> from non-cash Flow items
		12.31.2024				Net Cash<br><br> Flow				Acquisition/<br><br> (Disposals)				Foreign<br><br> currency				UF<br><br> Movement				Changes<br><br> other than<br><br> Cash				12.31.2025
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Mortgage<br> finance bonds			850				(350	)			—				—				21				—				521
Bonds			10,758,098				699,286				—				(171,603	)			601,642				—				11,887,423
Dividends<br> paid			597,228				(995,380	)			—				—				—				1,004,107				605,955
Obligations<br> for lease contracts			91,429				(30,897	)			9,162				—				4,649				—				74,343
Dividend<br> payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest			—				—				—				—				—				—				—
Total<br> liabilities from financing activities			11,447,605				(327,341	)			9,162				(171,603	)			606,312				1,004,107				12,568,242
										Changes<br> from non-cash Flow items
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		12.31.2023				Net<br> Cash<br><br> Flow				Acquisition/<br><br> (Disposals)				Foreign<br><br> currency				UF<br><br> Movement				Changes<br><br> other than<br><br> Cash				12.31.2024
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Mortgage<br> finance bonds			1,444				(639	)			—				—				45				—				850
Bonds			10,398,435				(485,750	)			—				186,420				658,993				—				10,758,098
Dividends<br> paid			611,949				(815,932	)			—				—				—				801,211				597,228
Obligations<br> for lease contracts			101,480				(29,991	)			13,956				—				5,984				—				91,429
Dividend<br> payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest			—				—				—				—				—				—				—
Total<br> liabilities from financing activities			11,113,308				(1,332,312	)			13,956				186,420				665,022				801,211				11,447,605

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

BANCODE CHILE AND SUBSIDIARIES

CONSOLIDATEDSTATEMENTS OF CHANGES IN EQUITY

Forthe years between January 1, and December 31, 2025 and 2024

		Attributable<br> to shareholders of the Bank
	Note	Capital		Reserves		Accumulated<br><br> other<br><br> comprehensive<br><br> income			Retained earnings<br><br> from previous<br><br> years and income<br><br> (loss) for the year			Total			Non-<br><br> controlling<br><br> interests			Total<br> Equity
		MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$

Opening<br> balances as of January 1, 2024			2,420,538		709,742		24,242			2,082,761			5,237,283			2			5,237,285
Dividends<br> distributed and paid	28		—		—		—			(815,932	)		(815,932	)		—			(815,932	)
Application<br> of provision for payment of common stock dividends			—		—		—			611,949			611,949			—			611,949
Provision<br> for payment of common stock dividends	28		—		—		—			(597,228	)		(597,228	)		—			(597,228	)
Subtotal:<br> transactions with owners during the year			—		—		—			(801,211	)		(801,211	)		—			(801,211	)
Income<br> for the year 2024	28		—		—		—			1,207,392			1,207,392			—			1,207,392
Other<br> comprehensive income for the year	28		—		—		(20,465	)		—			(20,465	)		—			(20,465	)
Subtotal:<br> Comprehensive income for the year			—		—		(20,465	)		1,207,392			1,186,927			—			1,186,927
Balances<br> as of December 31, 2024			2,420,538		709,742		3,777			2,488,942			5,622,999			2			5,623,001

Balances<br> as of January 1, 2025			2,420,538		709,742		3,777			2,488,942			5,622,999			2			5,623,001
Dividends<br> distributed and paid	28		—		—		—			(995,380	)		(995,380	)		(1	)		(995,381	)
Application<br> of provision for payment of common stock dividends	28		—		—		—			597,228			597,228			—			597,228
Provision<br> for payment of common stock dividends	28		—		—		—			(605,955	)		(605,955	)		—			(605,955	)
Subtotal:<br> transactions with owners during the year			—		—		—			(1,004,107	)		(1,004,107	)		(1	)		(1,004,108	)
Income<br> for the year 2025	28		—		—		—			1,192,262			1,192,262			—			1,192,262
Other<br> comprehensive income for the year	28		—		1,916		(13,536	)		—			(11,620	)		—			(11,620	)
Subtotal:<br> Comprehensive income for the year			—		1,916		(13,536	)		1,192,262			1,180,642			—			1,180,642
Balances<br> as of December 31, 2025			2,420,538		711,658		(9,759	)		2,677,097			5,799,534			1			5,799,535

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

BANCODE CHILE AND SUBSIDIARIES

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS

Asof December 31, 2025 and 2024

1.	Company information:

Banco de Chile (“The Bank”) 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 an 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.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary<br> of Significant Accounting Policies:
(a)	Legal Provisions:
---	---

Decree Law No. 3,538 of 1980, according to the text superseded by the first article of Law No. 21,000 that “Creates the Financial Market Commission”, provides in number 6 of its article 5 that the Financial Market Commission (“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 records”.

According to the current legal framework, banks must use the accounting principles established 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 Colegio de Contadores de Chile A.G., coinciding with the Accounting Standards of International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”). Should any discrepancy exist between accounting principles generally accepted in Chile and the accounting standards issued by the CMF, the latter shall prevail.

The notes to the Consolidated Financial Statements contain additional information to that presented in the Consolidated Statement of Financial Position, Consolidated Statement of Income, Consolidated Statement of Other Comprehensive Income, 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 manner.

(b)	Basis of Consolidation:

The Consolidated Financial Statements of Banco de Chile for the years ended December 31, 2025 and 2024, have been consolidated with its subsidiaries, using the global integration method (line-by-line). These contain preparation of stand-alone Financial Statements of the Bank and between subsidiaries included in the consolidation, and include the adjustments and reclassifications required for consistent application of the accounting policies and measurement criteria applied by the Bank. The Consolidated Financial Statements have been prepared using consistent 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) generated from operations performed between the Bank and its 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 and consolidated income statement of the Bank.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

−	Subsidiaries:

Consolidated Financial Statements for the years ended December 31, 2025 and 2024 include the Financial Statements of the Bank and its subsidiaries in accordance with IFRS 10 “Consolidated Financial Statements”.

The entities controlled by the Bank and consolidated are detailed as follows:

					Ownership<br> interest
				Functional	Direct				Indirect				Total
Rut		Subsidiaries	Country	Currency	2025		2024		2025		2024		2025		2024
					%		%		%		%		%		%

96,767,630-6		Banchile<br> 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<br> Asesoría Financiera S.A.	Chile	Ch$		99.96		99.96		—		—		99.96		99.96
77,191,070-K		Banchile<br> Corredores de Seguros Ltda.	Chile	Ch$		99.83		99.83		0.17		0.17		100.00		100.00
96,571,220-8		Banchile<br> Corredores de Bolsa S.A.	Chile	Ch$		99.70		99.70		0.30		0.30		100.00		100.00
77,955,969-6		Operadora<br> de Tarjetas Banchile Pagos S.A (*)	Chile	Ch$		99.90		99.90		0.10		0.10		100.00		100.00
96,645,790-2		Socofin<br> S.A. (**)	Chile	Ch$		—		99.00		—		1.00		—		100.00
(*)	On<br> July 29, 2024, the public deed of incorporation of the subsidiary of Banco de Chile was signed<br> and on June 24, 2025, the company’s name was changed to Operadora de Tarjetas Banchile<br> Pagos S.A.
---	---
(**)	On<br> June 17, 2025, the CMF approved, by exempt resolution, the request to absorb and dissolve<br> the subsidiary, which became effective on July 4, 2025. See Note 5 letters (d) and (g) in<br> Relevant Events.
---	---
−	Investments in associates and joint ventures:
---	---

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 there exists significant influence are accounted for using the equity method of accounting (Note 14 Investments in other companies).

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.

The investment in other companies that, due to its characteristics, is defined as “Joint Venture” is 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 is applied.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
−	Fund management:
---	---

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

In accordance with IFRS 10, for consolidation purposes it is necessary to assess the role of the Bank and its subsidiaries with respect to the funds they manage, having to determine whether such role is that of an Agent or Principal.

The Bank and its subsidiaries manage on behalf and for the benefit of investors, acting in that relationship only as an Agent. Under such category, and as provided in the aforementioned regulation, it does not control such funds when exercising their authority to make decisions. Accordingly, as of December 31, 2025 and 2024 acting as agents, are not included in the consolidation of any fund.

(c)	Non-controlling interest:

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

(d)	Use of Estimates and Judgment:

Preparing 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. Actual results could differ from these estimated amounts. The estimates made refer to:

-	Impairment<br> losses on assets and liabilities (Notes 11, 13, 15, 16, 17 and 40);
-	Allowance<br> for credit losses (Notes 13, 26 and 41);
---	---
-	Expenses<br> for amortization of intangible assets, depreciation of property and equipment and leased<br> assets and lease liabilities (Notes 15, 16 and 17);
---	---
-	Current<br> and deferred taxes (Note 18);
---	---
-	Provisions<br> for contingencies (Note 24);
---	---
-	Contingencies<br> and commitments (Note 29);
---	---
-	Fair<br> value of financial assets and liabilities (Notes 8, 11, 12, 21 and 44).
---	---

Estimates and relevant assumptions are regularly reviewed by Management in order to quantify certain assets, liabilities, revenue, expenses and commitments.

During the year ended December 31, 2025, there have been no significant changes in the estimates made with the exception of that indicated in Note 4 Changes in Accounting Policies.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(e)	Financial Assets:
---	---

The classification, measurement and presentation of financial assets has been performed based on the standards issued by the CMF in the Compendium of Accounting Standards for Banks or “CNCB” (per its Spanish acronym), considering the criteria described below:

Classificationof 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; Non-trading financial assets mandatorily measured 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 includes 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 the “Solely Payments of Principal and Interest” (SPPI) criterion.

The measurement 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 shall be measured at amortized cost if both of the following conditions are met:

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

A financial asset shall be measured at fair value through other comprehensive income if the following two conditions are met:

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

A financial asset 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 above.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

Measurementof financial assets:

Initialrecognition:

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 acquisition or issuance, using the Effective Interest Rate method (EIT). The calculation of the effective interest rate includes all fees, commissions and other items paid or received that are part of the effective interest rate. Transaction costs include incremental costs that are directly attributable to the acquisition or issuance of a financial asset.

Subsequentmeasurement:

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

Changes in the valuations that occur subsequent to initial registration for reasons other than those mentioned in the preceding paragraph, are treated as described below, based on the categories in which the financial assets are classified.

Financialassets held for trading at fair value through profit or loss, Non-trading financial assets mandatorily measured at fair value throughprofit or loss and financial assets designated as at fair value through profit or loss:

The caption “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 at short-term.

The financial assets recorded under “Non-trading Financial assets mandatorily measured 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.

The caption “Financial assets designated as at fair value through profit or loss” will classify financial assets only when such designation eliminates or significantly reduces the inconsistency in the measurement 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”, “Non-trading financial assets and liabilities mandatorily measured at fair value through profit or loss” and “Financial assets and liabilities designated as at fair value through profit or loss” of the Consolidated Statement of Income. Variations originated from differences are recorded under “Foreign currency changes, UF indexation and accounting hedge” in the Consolidated Statement of Income.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

Financialassets at fair value through other comprehensive income:

−	Debt financial instruments:

The assets recorded in this item are measured at their fair value, interest income and indexation of these instruments, as well as exchange differences and impairment arising, are recorded in the Consolidated Statement of Income, whereas 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 be part of the Bank’s consolidated equity until the asset is derecognized in the consolidated balance. Should these assets be sold, the resulting gain or loss is recognized in “Financial result for derecognizing financial assets and liabilities at amortized cost and financial assets at fair value through other comprehensive income” in the Consolidated Statement of Income.

Net impairment losses on financial assets at fair value through other comprehensive income occurred during 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” in the Consolidated Statement of Income.

−	Equity financial instruments:

On 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 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” in the Consolidated Statement of Income. 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 measured after their acquisition at their “amortized cost”, in accordance with the effective interest method. They are subdivided according to the following:

-	Rights<br> under repurchase agreements (Note 13 (a)).
-	Debt<br> financial instruments (Note 13 (b)).
---	---
-	Loans<br> to Banks (Note 13 (c)).
---	---
-	Loans<br> to customers (Note 13 (d)).
---	---

Losses due to impairment of these assets generated in each year are recorded in “Provisions for credit risk of loans to banks and loans to customers” and “Impairments for credit risk of other financial assets at amortized cost and financial assets at FVTOCI” in the Consolidated Statement of Income.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
−	Rights and Obligations under repurchase agreements:
---	---

Resale agreement operations are carried out as a form of investment. Under these agreements, financial instruments are purchased, which are included as assets in “Rights under repurchase agreements 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 performed as a form of financing, which are included as liabilities in “Obligations under repurchase agreements”. In this regard, the investments that are sold subject to a repurchase obligation and that are used as collateral for the loan correspond to financial debt securities. The obligation to repurchase the investment is classified in liabilities as “Obligations under repurchase agreements” and is measured according to the interest rate of the agreement.

−	Debt financial instruments at amortized cost:

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

−	Loans to Banks:

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

−	Loans to customers:

Loans from customers include generated and acquired relate to 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<br> 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 defines certain loans as hedged items, measured at fair value through profit or loss as described in letter (p) of this note.

(ii)	Lease<br> contracts

These are included under the item “Loans to customers” correspond to regular lease payments for 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(iii)	Factoring<br> transactions
---	---

They are measured for the amounts disbursed by the Bank in exchange for invoices or other commercial instruments representing credits, 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 profit or loss as interest income, through the effective interest method, during the financing period. In those cases where the transfer of these instruments was made without responsibility of the grantor, the Bank assumes the insolvency risks of those required to pay.

(f)	Allowances for credit losses:

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 CMF’s instructions, models or methods are used based on an individual and collective analysis of debtors, to establish the allowance for loan losses. The Bank’s Board of Directors approves such models, as well as the amendments 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 depth.

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

For the purposes of establishing the allowances, banks must assess the creditworthiness and classify debtors and their transactions referred to contingent loans, in the related categories with the prior allocation to one of the following three portfolio categories: Normal, Substandard and Non-performing loans.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
−	Normal Loans and Substandard Loans:
---	---

Normal performing loans: includes those debtors whose payment capacity allows them to meet their obligations and commitments, and according to the evaluation of their economic and financial position 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 at short-term.

The Substandard Portfolio also includes those debtors who have shown past due amounts over 30 days recently. 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<br> of portfolio	Category<br> of<br> debtors
	A1	0.04	90.0	0.03600
	A2	0.10	82.5	0.08250
Normal Loans	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
	B1	15.00	92.5	13.87500
Substandard Loans	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 made for normal and substandard portfolios, the exposure subject to the allowances should be estimated previously, applying the related loss percentages, 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 subject to allowances relates 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 carrying amount of loans and accounts receivable of the related debtor, whereas for contingent loans, the value resulting from applying that indicated in No. 3 of Chapter B-3 of the CNCB.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

For real guarantees, the Bank must demonstrate that the value assigned to this deduction reasonably reflects the value that it would obtain from the sale of the assets or equity instruments. Also, in qualifying cases, the direct debtor’s credit risk may be substituted for the creditworthiness of the guarantor. In no event may the guaranteed securities be discounted from the amount of the exposure, as this procedure is only applicable when related 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<br> subject to allowances, (Loans + Contingent Loans) – Financial or real guarantees
GE	=	Guaranteed<br> exposure
---	---	---

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

−	Non-performing loans:

The non- performing portfolio includes the debtors and their loans whose recovery is considered remote, as they show 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 loan. This portfolio is composed of the debtors belonging to categories C1 to C6 of the rating scale and all loans, including 100% of the amount of contingent loans, held by those same debtors.

For purposes recognizing the allowances on non- performing loans, the Bank has allowance percentages to be applied to the amount of exposure, which relates to the amount of loans and contingent loans kept by the same debtor. To apply that percentage, an expected loss rate must be estimated, deducting from the exposure amount the recoverable amounts through the execution of financial or real guarantees supporting the transaction and, in the event specific background substantiate it, deducting the present value of recoveries that may be obtained performing collection actions, net of expenses associated with them. Such 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 from the same debtor.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

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

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

For calculation purposes, the following must be considered:

	Expected Loss Rate	=	(E−R)/E
	Allowance	=	E × (AP/100)

Where:

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

All of the loans debtors must remain in the Default Portfolio until there is a normalization of their capacity 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 cumulative conditions must be met:

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(ii)	Allowances for group assessment.
---	---

Group assessments are relevant for residential and consumer mortgage 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 a single counterparty of less than 20,000 UF. The aggregate exposure should require gross provisions or other mitigations factors. 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 CNCB. 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 maintain a complete and permanent monitoring of all operations with entities belonging to business groups. Considering the potential costs of forming groups for all debtors, the bank must at least maintain control and forming 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<br> aggregate exposure to a single counterparty does not exceed 0.2% of the total commercial<br> group portfolio. To avoid circular calculations, the criteria 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 allowances, group assessment requires the creation of loan groups with similar characteristics in terms of debtors types and agreed terms, to establish technically based estimates by prudential criteria and following both the payment behavior of the group in question and the recoveries concerned of defaulted loans and consequently provide the necessary provisions to cover the portfolio risk.

To determine its allowances, the Bank segments its debtors into homogeneous groups, according described above, associating to each group with a determined probability of default and a recovery percentage 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, the estimated losses must be related to the type of portfolio and the term of the operations.

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 CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, 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<br> mortgage portfolio

The provision factor applicable, represented by expected loss over the mortgage loans, 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 collateral (PVG), according to the following table:

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

Where:

PD	:<br> Probability of default
LGD	:<br> Loss given default
---	---
EAD	:<br> Exposure at default
---	---
CMG	:<br> Outstanding loan capital /Mortgage Guarantee value
---	---
(b)	Commercial<br> 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
●	Commercial<br> 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<br> of default (PD) applicable according to default and type of asset (%)
		Type<br> of asset
Days<br> of default of the operation at the<br><br> month-end		Real<br> 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<br> given the default (LGD) applicable according to PVB section and type of asset (%)
---	---	---	---	---
PVB<br> = Current value of the operation / Value of the leased asset
PVB<br> section	Real<br> 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<br> 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<br> of default (PD) applicable according to default and PTVG section (%)
	With<br> collateral
Days<br> of default at the<br> month-end	PTVG≤100%	PTVG>100%		Without<br> <br>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 CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

Loss<br> given the default (LGD) applicable according to PTVG section (%)
Collateral<br><br> (with / without)	PTVG<br> section	Generic commercial<br><br> operations or factoring<br><br> without the<br><br> responsibility of the<br><br> transferor		Factoring with the<br><br> responsibility of the<br><br> transferor
With collateral	PTVG<br> ≤ 60%		5.00		3.20
	60% <<br> PTVG≤ 75%		20.30		12.80
	75% <<br> PTVG ≤ 90%		32.20		20.30
	90% <<br> 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 CNCB 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The allowance factor, represented by the expected loss (EL), corresponds to the probability of default (PD) together with the loss given the default occurred (LGD). This factor is applied uniformly to all contingent consumer loans and consumer credits held by the debtor with the bank and its subsidiaries established in Chile, including consumer leasing transactions. In the case of contingent transactions, the exposure measure is calculated according to the provisions established in Chapter B-3 of the CNC will be considered.

To define the value of the PD, the following factors are calculated for each debtor:

●	Bank<br> default rate: This corresponds to the maximum default rate (in days) for the consumer portfolio,<br> including consumer leasing transactions, that the debtor has with the bank at the end of<br> the month for which provisions are being determined. For clients with more than one transaction,<br> the maximum value obtained from all of them is used. This variable is measured by considering<br> all entities that comprise the institution’s overall consolidated level.
●	30<br> days in default in the financial system: This variable applies to whether the debtor has<br> at least one direct debt in default for 30 days or more in any of the three months prior<br> to the date on which the provisions are calculated. This variable is calculated based on<br> the debtor’s defaults with all credit providers for which information is available.<br> This variable includes the list of debtors reported by the CMF, as well as the bank itself<br> at a global consolidated level, and the various financial products. It excludes only loans<br> subject to a communication ban under Law No. 19,628 on the Protection of Privacy.
---	---
●	Having<br> a mortgage Loan: This variable determines whether the borrower has a current mortgage loan<br> in the financial system. In this case, the bank uses the most recent information available<br> at the date the provisions are being calculated, considering the list of borrowers reported<br> by the CMF, in addition to the bank’s own consolidated data.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

The table of factors considered to define the PD is as follows:

	With<br> a mortgage loan for housing in the system		No<br> mortgage loan for housing in the system
Maximum<br> default level in the month and bank (range in days that includes extremes	No default greater than<br> 30 <br> days in the system	With a default greater than<br> <br> 30 days in the system	No<br> default greater than<br><br> 30 days in the system		With a default greater than<br> <br><br> 30 days in the system
0<br> and 7	3.3%	14.6%		6.6%	19.8%
8 and<br> 30	20.4%	41.6%		30.6%	48.5%
31 and<br> 60	50.2%	63.0%		65.1%	66.3%
61 and<br> 89	62.6%	81.7%		72.3%	86.9%

In the event that the debtor is in default, the assigned LGD will be 100%.

To determine the value of the LGD, it is determined whether the debtor has a mortgage loan for the home in the system as defined for the value of the PD, and the type of loan involved.

The LGD to be used is defined according to the following table:

****	****	Automotive leasing and credit operations		****	****	Credits in installments		****	****	Credit cards and lines, and other consumer products		****
With a mortgage loan<br> for housing in the system			33.2	%			47.7	%			49.5	%
No mortgage loan for housing<br> in the system			33.2	%			56.6	%			60.3	%

The allocation of the LGD value is carried out according to the following guidelines:

●	“Automotive<br> leasing and credit operations” will be considered those loans where the transaction<br> is intended to finance the acquisition of private vehicles, which remain as collateral (pledge)<br> in favor of the institution. Consumer financial leasing operations are also considered in<br> this category.
●	“Installment<br> Credits” will correspond to those registered in the item Consumer Credits in Installments<br> of Chapter C-3 of the CNC, to the extent that these have been granted upon signing of a promissory<br> note that clearly establishes the amount of capital, term, rate and number of installments,<br> without a predefined use of the funds (free disposal) and does not correspond to the previous<br> category.
---	---
●	If<br> a loan does not fall under either of the two previous definitions, but is classified as consumer<br> loans, the LGD value assigned to the “Credit cards and lines, and other consumer loans”<br> category must be applied.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(iv)	Provisions related to financing with 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<br> 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.

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
●	Refinancing<br> with grace periods higher than 360 days.
---	---

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

(v)	Impaired portfolio.

The impaired portfolio includes the following assets, according to Chapter B-1 of the CNCB of the CMF:

-	In<br> case of individually assessed debtors, includes credits from “Non-performing loans”<br> and those classified in categories B3 and B4 of “Substandard Portfolio”.
-	These<br> debtors subject to collective assessment includes all credits of the “Non- performing<br> loans”.
---	---
(vi)	Charge-offs.
---	---

Generally, 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 made using the credit risk provisions constituted, regardless of the reason for which the charge-off occurred.

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

The term corresponds to the time elapsed from the date on which the payment of all or part of the obligation that is in default became enforceable.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
−	Charge-offs of lease operations
---	---

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

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

The term corresponds to the time elapsed from the date on which the payment of all or part of the obligation that is in default became enforceable.

(vii)	Recovery of written-off loans

Subsequent payments obtained for transactions written-off are recognized directly as profit or loss in the Consolidated Statement of Income under the item “Recovery of written-off loans”.

In the event that there are recoveries in assets, revenue will be recognized in profit or loss for the amount by which they are incorporated into the asset. The same criterion will be followed if the leased assets are recovered after the write-off of a leasing transaction, when such assets are incorporated into the assets.

Any renegotiation of a loan written-off does not give rise to revenue, as long as the transaction continues to be impaired, and the actual payments received will be treated as recoveries of loans written-off.

Consequently, the renegotiated loan will be re-entered as an asset if it ceases to be impaired, also recognizing the income from the activation as recovery of loans written-off.

The same criterion should apply in the event that a loan is granted to repay a loan written-off.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(g)	Impairment for credit risk on financial assets at amortized cost and financial assets at fair value through other comprehensive income (FVTOCI):
---	---

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

For the rest of the financial assets measured at Amortized Cost or FVTOCI, 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 measurement is at amortized cost or at FVTOCI 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 performed in accordance with a general impairment model that is based on the existence of 3 possible stages of the financial asset, the existence or not of a significant increase in credit risk and the condition of impairment. The 3 stages 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. Below, each stage is listed:

Stage1: 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 in the balance sheet.

Stage2: 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 in the balance sheet.

Stage3: 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 an impairment loss allowance account to financial assets that are measured at fair value through other comprehensive income in accordance with IFRS 9. This impairment loss allowance account 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 cumulative loss recognized in OCI is recycled in profit or loss when derecognizing the financial assets.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(h)	Financial liabilities:

Classificationof financial liabilities:

Financial liabilities are classified in the following categories:

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

Measurementof financial liabilities:

Initialmeasurement:

They are initially recorded at fair value, less transaction costs that are directly attributable to their issuance. Variations in the value of financial liabilities due to the accrual of interest, UF indexation and similar concepts are recorded under the items “Interest expenses” and “Inflation indexation expense” of the Consolidated Statement of Income for the period in which the accrual occurred (see Note 30 and 31).

Subsequentmeasurement:

The changes in the measurements 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.

Financialliabilities at amortized cost:

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(i)	Derecognition of financial assets and liabilities:
---	---

The Bank and its subsidiaries derecognize a financial asset in its Statement of Financial Position, when the contractual rights to the cash flows from the financial asset expire or when it transfers the rights to receive contractual cash flows for the financial asset during the transactions in which all ownership risks and rewards of the financial asset are transferred. Any interest in 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 the ownership. In this case:

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

2.	Summary of Significant Accounting Policies, continued:
(j)	Offset of financial assets and liabilities:
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Financial assets and liabilities are offset, so that their net amount is presented in the Consolidated Statement of Financial Position, and only when the Bank has a legally enforceable right to set off the recognized amounts and intends to settle on a net basis, or to realize the asset and settle the liability simultaneously.

Income and expenses are presented on a net basis only when is permitted by the 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 Consolidated 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 Consolidated Financial Statements of Banco de Chile is Chilean peso, which is the currency of the primary economic environment in which the Bank operates, and also is the currency that has an influence on the structure of costs and revenue.

(l)	Foreign currency transactions:

Transactions in currencies other than the functional currency are considered in foreign currencies and are initially translated into the respective functional at the spot exchange rate at the date of transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated into the functional currency at the spot exchange rate as of the date of the Consolidated Statement of Financial Position. All currency translation differences are recognized with a debit or credit to income.

As of December 31, 2025 and 2024, the Bank and its subsidiaries applied the exchange rate of accounting representation according to the standards issued by the Chilean CMF, for which the assets in dollars are shown at their equivalent value in Chilean pesos calculated using the following market exchange rate Ch$900.40 per US$1 (Ch$994.74 per US$1 as of December 31, 2024).

As of December 31, 2025, the amount of Ch$155,696 million corresponding to a net financial profit from foreign currency exchange, indexation and accounting hedges (net gain of Ch$164,597 million as of December 31, 2024) shown in the Consolidated Statements of Income, includes the result from foreign currency exchange operations, indexation and accounting hedges, including the translation of assets and liabilities in foreign currency or inflation-adjusted units.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(m)	Operating Segments:
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The Bank discloses information by segment in accordance with IFRS 8 (Note 6). The Bank’s operating segments are determined based on its different business units, considering the following:

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

The Consolidated Statement of Cash Flows shows the changes in cash and cash equivalents derived from operating, investing and financing activities, during the year. The Bank uses the indirect method for the preparation of the statement of cash flows.

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

-	Cash<br> and cash equivalents: corresponds to the item “Cash and deposits in banks”, plus<br> (minus) the net balance corresponding to transactions pending settlement that are shown in<br> the Consolidated Statement of Financial Position, plus other cash equivalents such as investments<br> in short-term debt financial instruments that meet the criteria to be considered “cash<br> equivalents”, for which they must have an original maturity of 90 days or less from<br> the date of acquisition, be highly liquid, readily convertible into known amounts of cash<br> from the date of the initial investment, and that the financial instruments are exposed to<br> an insignificant risk of changes in value.
-	Operating<br> activities: corresponds the principal revenue-producing activities of the Bank and other<br> activities that are not investing or financing activities.
---	---
-	Investing<br> activities: correspond to the acquisition and disposal of long-term assets and other investments<br> not included in cash and cash equivalents.
---	---
-	Financing<br> activities: corresponds to the activities that result in changes in the size and composition<br> of the contributed equity and of liabilities that are not part of operating and investing<br> activities.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(o)	Financial derivative instruments:
---	---

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, to hedge the foreign currency and interest rate risk exposures. These contracts are initially recognized in the Consolidated Statement of Financial Position at their cost (including the transactions costs) and subsequently measured at fair value. Derivative contracts are stated as an asset when their fair value is positive and as a liability when it is negative under the item “Financial derivative instruments”.

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

Additionally, the Bank includes in the measurement 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 host contract and it is not measured at fair value with the related unrealized gains and losses included in profit or loss.

(p)	Derivative instruments for accounting hedges:

The Bank has opted to continue applying the hedge accounting requirements included in IAS 39 when adopting IFRS 9.

At the date of entering into a derivative contract, it must be designated by the Bank as a derivative instrument for trading or for hedge accounting purposes.

If the derivative instrument is classified for hedging purposes, it may be:

-	A<br> fair value hedge of existing assets or liabilities or firm commitments.
-	A<br> cash flow hedge related to existing assets or liabilities or expected transactions.
---	---

A hedge relationship for hedge accounting must meet all the following conditions:

-	At<br> the inception of the hedge, the hedging relationship has been formally documented.
-	the<br> hedge is expected to be highly effective.
---	---
-	the<br> effectiveness of the hedge can be measured reliably.
---	---
-	the<br> hedge is highly effective in relation to the hedged risk, on a continuous basis throughout<br> the entire hedging relationship.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, 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 inflation indexation income” 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 inflation indexation income” 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 hedging instrument no longer meets the criteria for cash flow hedge accounting, it expires or is sold, it is suspended or exercised, this hedge is discontinued prospectively. Accumulated gains or losses recognized previously in the equity are maintained there until forecasted transactions occur, in that moment will be recognized in Consolidated Statement of Income (in the item “Net interest income” and “Net inflation indexation income” 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 recognized immediately in Consolidated Statement of Income (in the item “Net interest income” and “Net inflation indexation income” and/or “Foreign currency changes, UF indexation and accounting hedge”, depending on the hedge).

(q)	Intangible Assets:

Intangible assets (Note 15) are initially recognized at their acquisition cost and are subsequently measured at their cost less any accumulated amortization or less any accumulated impairment loss.

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 recognized in profit or loss on the straight-line amortization method based considering the estimated useful lives of the software, from the date on which they are available for use. The estimated useful life of software is a maximum of 6 years.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(r)	Property and equipment:
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Property and equipment (Note 16) includes the amount of land, real estate, furniture, IT hardware and 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 expenditures that are directly attributed to the acquisition of the asset.

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

The estimated average useful lives for the years 2025 and 2024 are as follows:

-<br> Buildings		50<br> years
- Facilities		10 years
- Equipment		5 years
- Furniture		5 years

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

(s)	Current taxes and deferred taxes:

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

The Bank and its subsidiaries recognize, when appropriate, deferred tax assets and liabilities for future estimates of tax effects from temporary differences between the carrying value and tax basis of assets and liabilities. Deferred tax assets and liabilities are measured in accordance with current Chilean tax legislation, at the tax rates that are expected to be applied in the year in which the deferred tax assets and liabilities are to be realized or settled. Future effects from changes in tax legislation or income tax rate are recognized in deferred taxes starting from the date in which the law approving such changes is enacted or substantially enacted (Note 18).

Deferred tax assets are recognized only to the extent that is probable that future taxable profits will be available against which the temporary difference can be utilized to recover temporary difference deductions. According to instructions from the Chilean CMF, deferred taxes are presented in the Consolidated Statement of Financial Position according with IAS 12 “Income Taxes”.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(t)	Provisions, contingent assets and liabilities:
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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:

-	as<br> a result of a past event, the Bank has a present or constructive obligation;
-	it<br> is probable that at the reporting date an outflow of economic benefits will be required from<br> the Bank or its subsidiaries to settle the obligation; and
---	---
-	the<br> amount of such resources can be estimated reliably.
---	---

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 loans 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 customers.

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

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summaryof Significant Accounting Policies, continued:
-	Transactions<br> related to contingent events: Guarantee bonds with promissory notes referred to in Chapter<br> 8-11 of the Updated Standards Compilation are considered.
---	---
-	Guarantees<br> and sureties: Includes guarantees, sureties and standby letters of credit referred to in<br> Chapter 8-10 of the Updated Standards Compilation. In addition, it includes the payment guarantees<br> of buyers in factoring operations, as indicated in Chapter 8-38 of such Compilation.
---	---
-	Other<br> loan 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 customer,<br> as is the case with irrevocable credit lines tied to the progress of projects (for provisions<br> 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 allowances for contingent loans, the amount of exposure to be considered will be equivalent to the percentage of the amounts of the contingent loans indicated below:

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

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

(u)	Provisions for minimum dividends:

In accordance with the CNCB issued by the CMF, the Bank records within liabilities the portion of net income for the year that should be distributed to comply with the Shareholders’ Corporations Law or its dividend policy. For such purposes, the Bank establishes a provision in a complementary equity account within retained earnings (Note 25).

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(v)	Employee benefits:
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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 24 letter (c)).

-	Accrued<br> vacations

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

-	Other<br> short-term benefits

The entity considers for its employees an annual incentive plan for meeting objectives and individual contribution to the entity’s results, which are eventually delivered, consisting of a certain number or portion of monthly salaries and are accrued for 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<br> 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 service, in the event that they retired from the Bank. 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 included in this obligation.

The obligations of this benefit plan are measured 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 (5.71% as of December 31, 2025 and December 31, 2024).

The discount rate used corresponds to the rate of 10-year Bonds in Chilean 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:
(w)	Earnings per share:
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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 years ended December 31, 2025 and 2024 there are no concepts that should be adjusted.

(x)	Interest revenue and expense and UF indexation:

Interest income and expenses and UF indexation (Notes 30 and 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 are part of the effective interest rate. Transaction costs include incremental costs that are directly attributable to the acquisition or issuance of a financial asset or liability.

In the case of the impaired portfolio and current loans with a high risk of recoverability of Loans to 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 loan or one of its payments has been 90 days past due.

(y)	Fee and commission income and expenses:

Fee and commission income and expenses (Note 32) are recognized in the Consolidated Statement of Income 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<br> that correspond to a singular act, when the act that originates them takes place.
−	Those<br> that originate in transactions or services that are extended over time, during the life of<br> such transactions or services.
---	---
−	Commissions<br> on loan commitments and other fees related to loan transactions are deferred (together with<br> the incremental costs directly related to the placement) and recognized as an adjustment<br> to the effective interest rate of the placement. For loan commitments, when there is no certainty<br> of the date of effective placement, fees and commissions are recognized in the period of<br> the commitment that originates it on a straight-line basis.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

The fees registered as income by the Bank correspond mainly to:

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

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

2.	Summary of Significant Accounting Policies, 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, then the recoverable amount of the asset is estimated.

(aa)	Financial and operating leases:
−	The<br> 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<br> 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 17).

On the date of commencement 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 impairment losses, depreciation of the right-of-use asset, is recognized in the Consolidated Statements of Income on a straight-line depreciation basis from the commencement date and until the end of the lease term.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

The monthly variation of the UF for the contracts established in such monetary unit should be treated as a remeasurement; accordingly, the UF indexation modifies the value of the lease liability, and simultaneously, the amount of the right-of-use asset must be adjusted by this effect.

Subsequent to the commencement date, the lease liability is measured by reducing the carrying amount to reflect the lease payments made and the modifications to the lease.

In accordance with IFRS 16 “Leases” the Bank does not apply this rule to contracts whose term 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 allowances:

In accordance with the standards issued by the CMF, banks could record 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.

Allowances made in order to prevent the risk of macroeconomic fluctuations should anticipate situations of reversal of expansive economic cycles that, in the future, could result in a worsening of the conditions and, function as a countercyclical mechanism for accumulating additional allowances when the scenario is favorable and release or allocate them to specific allowances when environmental conditions deteriorate.

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

As of December 31, 2025, the balance of additional allowances amounts to Ch$631,217 million (Ch$700,252 million as of December 2024), which are presented in the caption “Special provisions for Credit risk” in Liabilities in the 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, regardless of 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, 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 selected 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 profit or loss.

Note that the Bank has financial assets and liabilities that 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 44.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

Standardsapproved and/or amended by the International Accounting Standards Board (IASB) and by the Financial Market Commission (CMF):

Standardsand interpretations that have been adopted in these Consolidated Financial Statements.

As of the date of issuance of these 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.

IAS21 The Effects of Changes in Foreign Exchange Rates.

In August 2023, the IASB issued amendments to IAS 21. These amendments set out criteria that will allow entities to assess whether a currency is exchangeable and when it is not, so that they can determine the exchange rate to be used and the disclosures to be provided.

The amendments were effective for periods beginning on or after January 1, 2025.

The implementation of this new standard had no impact on the Bank or its subsidiaries.

Accounting standards issued by CMF.

CircularNo. 2,346. Standard model of allowances for consumer loans. It amends Chapter B-1 “Allowances for credit losses” and ChapterE “Transitional provisions” of the CNCB.

On March 6, 2024, the CMF issued this circular that introduces the regulations that establish the Standardized Methodology for computing Allowances 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 allowances.

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

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

The regulations of the standard provision model for consumer loans will become effective beginning on the accounting close of January 2025. Until that date, banks will continue to estimate the allowances of this portfolio only using their internal methodologies. The impact of the first application must be recorded in the entity’s statement of income.

The new methodology was implemented in January 2025. See Note No. 4.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

CircularNo. 2,347. Precisions of information requirements on subsidiaries, branches abroad and Banking Support Companies.

On April 24, 2024, the CMF issues this Circular that unifies and establishes in the General Background section of the MSI the instructions regarding the information requirements that banks must prepare and send to the CMF, regarding subsidiaries, branches in the abroad and Banking Support Companies (SAG), which include accounting, debtor, risk and other information.

The first shipment of the new information requirements was made in the first quarter of 2025.

LawNo. 21,748, which creates a new guarantee program for new housing, as well as an interest rate subsidy for mortgage loans.

On May 29, 2025, Law No. 21,748 was published, establishing a new guarantee program for new housing and an interest rate subsidy for mortgage loans. This subsidy consists of a reduction of up to sixty basis points (60 bps) in the interest rate. The benefit applies exclusively to financing intended for the purchase of new homes, in their first sale, whose value does not exceed 4,000 Unidades de Fomento (UF), and that meet the requirements set forth by the Ministry of Finance.

The CMF (Commission for the Financial Market) has issued instructions to banks regarding accounting treatment, determination of credit risk provisions, calculation of the credit risk weight for capital requirements, supervision of the maximum conventional interest rate (TMC), among other matters.

As of the date of issuance of the financial statements, the Bank implemented this product and complied with the CMF requirements.

NewStandards and interpretations issued but not yet effective:

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 December 31, 2025:

Accounting standards issued by IASB.

IAS28 Investments in Associates and Joint Venture and IFRS 10 Consolidated Financial Statements.

In September 2014, the IASB issued this amendment, which clarifies the scope of the gains 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. Accordingly, 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 amendment in the future, allowing its immediate adoption.

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

IFRS18 – Presentation and Disclosure in Financial Statements.

In April 2024, IASB issued 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 information presented and disclosures 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 statement of income.
-	Higher<br> transparency in measuring 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.

Because these Consolidated Financial Statements are prepared in accordance with the standards issued by the CMF as defined in CNCB, the adoption of this standard is conditional to the amendment of the CNCB.

IFRS19 – Subsidiaries without Public Accountability: Disclosures

In May 2024, the IASB issued published the new accounting standard IFRS 19 Subsidiaries without Public Accountability: Disclosures, which will become effective on January 1, 2027 where early application is 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, separate or stand-alone financial statements if:

-	It<br> has no public accountability; 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 IFRS.
---	---

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

IFRS9 and IFRS 7 Financial Instruments: Classification and Measurement

In May 2024, the IASB issued amendments to the classification and measurement requirements of IFRS 9, “Financial Instruments”, and to the disclosure requirements of IFRS 7, “Financial Instruments: Disclosures”, as follows:

Derecognitionof financial liabilities settled by electronic transfer.

The amendment allows an entity to consider that a financial liability (or part of it) that is settled using an electronic payment system is cancelled, expires or the liability otherwise qualifies for derecognition before the settlement date, if certain specified criteria are met. An entity that chooses to apply the deregistration option would be required to apply it to all settlements made through the same electronic payment system.

Classificationof financial assets

The amendment provides guidance on how an entity can evaluate whether the contractual cash flows of a financial asset are consistent with a basic loan agreement, for classification and measurement purposes.

The amendment also improves the description of the term “non-recourse”, meaning that a financial asset has “non-recourse” features if an entity’s ultimate right to receive cash flows is contractually limited to the cash flows generated by specific assets.

Disclosures

For investments in equity financial instruments designated at fair value through other comprehensive income, an entity is required to disclose the fair value gain or loss presented in other comprehensive income during the period, showing separately the fair value gain or loss that relates to investments derecognized in the period and the fair value gain or loss that relates to investments held at the end of the period.

Additional disclosures are required for financial assets and liabilities with contractual terms that reference a contingent event (including those that are linked to Environmental, Social and Governance factor (ESG)).

The amendments are effective for annual periods beginning on or after January 1, 2026. Early adoption is permitted.

The Bank is in the process of analyzing the impact of this new standard.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

- Accounting standards issued by CMF.

GeneralRule (NCG) No. 537 includes a formula and components for calculating the minimum payment amount on credit cards

On June 4, 2025, the CMF issued NCG No. 537, which aims to include a formula and the components for calculating the minimum payment amount on credit cards. This regulation amends Chapter 8-41 of the Updated Compilation of Regulations (RAN) and Circular No. 1 for Non-Banking Issuers.

According to the rule, the minimum payment will be determined as the sum of the Non-Financeable Amount (NFA) plus 5% of the Financeable Amount (FA). The NFA includes interest-free installments payable during the billing period, as well as interest, fees, and other charges such as taxes, additional charges, insurance premiums, among others. The FA mainly corresponds to the outstanding principal.

This regulation will be applied gradually starting 12 months after its publication.

The Bank is currently working on implementing this regulatory change.

4.	Changes<br> in Accounting Policies

In conformity with the instructions of the Financial Market Commission, in January 2025, the Bank adopted the new standard allowance model for consumer loans, which resulted a higher charge to results of Ch$64,398 million before tax.

During the year ended December 31, 2025, there have been no other material changes in accounting policies affecting the presentation of these Consolidated Financial Statements.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events:
(a)	On<br> January 17, 2025, Banco de Chile reported that the Financial Market Commission informed the<br> Bank that it resolved to maintain as a capital requirement for Pillar II risk, the charge<br> already constituted of 0.13% of the risk-weighted assets net of required provisions, in accordance<br> with article 66 quinquies of the General Banking Law.
---	---
(b)	On<br> January 23, 2025, the subsidiary Banchile Corredores de Bolsa reported that the Board of<br> Directors agreed to appoint Mr. José Antonio Díaz Orellana as General Manager<br> of Banchile Corredores de Bolsa S.A., who until that date was the Interim General Manager.
---	---
(c)	On<br> February 11, 2025, the Board of Directors of Banco de Chile agreed to summon an Ordinary<br> Shareholders’ Meeting for March 27, 2025 in order to propose, among other matters, the following<br> distribution of profits for the year ended December 31, 2024:
---	---
a)	Deduct<br> and withhold from the net income of the year, an amount equivalent to the effect of inflation<br> of the paid-in capital and reserves according to the variation in the Consumer Price Index<br> that occurred between November 2023 and November 2024, amounting to Ch$212,012,307,434 which<br> will be added to retained earnings from previous periods.
---	---
b)	Distribute<br> in the form of dividend the remaining profit, corresponding to a dividend of Ch$9.85357420889<br> to each of the 101,017,081,114 shares of the Bank.
---	---

Consequently, a distribution as dividend of 82.4% of the profits for the year ended December 31, 2024 is proposed.

(d)

On April 10, 2025, at a meeting of the Board of Directors of Banco de Chile, the directors agreed, subject to prior authorization from the Financial Market Commission, to absorb the subsidiary Socofin S.A., by acquiring the shares issued by it whose owner is Banchile Asesoría Financiera S.A. and, dissolve Socofin S.A. in accordance with the provisions of section 2 of article 103 of Law 18,046. Likewise, once the dissolution of the aforementioned company occurs, the Bank will be the legal successor of the entity.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:
(e)	During<br> the year 2025, Banco de Chile has reported as an essential event the following placements<br> in the local market of senior, dematerialized and bearer bonds issued by Banco de Chile and<br> registered with the Securities Registry of the Financial Market Commission:
---	---
Date		Registration<br><br> number in the<br><br> Securities<br><br> Registry		Serie		Amount				Currency		Maturity<br> date		Average<br><br> rate
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
March<br> 17, 2025		11/2022		FC			600,000			UF		01/01/2030			2.97	%
March<br> 20, 2025		11/2022		FC			300,000			UF		01/01/2030			2.97	%
March<br> 21, 2025		11/2022		FC			1,050,000			UF		01/01/2030			2.97	%
April<br> 1, 2025		11/2022		FC			800,000			UF		01/01/2030			2.96	%
April<br> 3, 2025		11/2022		FO			900,000			UF		01/01/2032			2.92	%
April<br> 15, 2025		11/2022		FH			850,000			UF		12/01/2030			2.84	%
April<br> 17, 2025		11/2022		GG			1,000,000			UF		05/01/2035			3.03	%
April<br> 17, 2025 (*)		20240002		HD			2,000,000			UF		10/01/2034			3.03	%
May 7,<br> 2025		11/2022		FH			300,000			UF		12/01/2030			2.92	%
May 9,<br> 2025		11/2022		GG			150,000			UF		05/01/2035			3.03	%
May 9,<br> 2025 (*)		20240002		HN			300,000			UF		12/01/2039			3.06	%
May 30,<br> 2025		11/2022		FA			590,000			UF		08/01/2028			2.77	%
May 30,<br> 2025		11/2022		FH			250,000			UF		12/01/2030			3.06	%
June 2,<br> 2025		11/2022		FH			350,000			UF		12/01/2030			3.06	%
June 2,<br> 2025		11/2022		FH			250,000			UF		12/01/2030			3.05	%
June 3,<br> 2025		11/2022		FH			226,000			UF		12/01/2030			3.04	%
June 6,<br> 2025		11/2022		FH			108,000			UF		12/01/2030			3.04	%
June 10,<br> 2025		11/2022		FH			666,000			UF		12/01/2030			3.04	%
June 10,<br> 2025		11/2022		FO			500,000			UF		01/01/2032			3.06	%
July 3,<br> 2025		11/2022		GG			610,000			UF		05/01/2035			3.15	%
July 9,<br> 2025		11/2015		CI			500,000			UF		02/01/2033			3.14	%
July 10,<br> 2025		11/2015		CG			1,250,000			UF		08/01/2032			3.14	%
July 10<br> 2025		11/2015		CH			400,000			UF		12/01/2032			3.14	%
July 10,<br> 2025		11/2015		CI			150,000			UF		02/01/2033			3.14	%
July 15,<br> 2025 (*)		20240002		HW			1,600,000			UF		06/01/2044			3.21	%
July 17,<br> 2025		11/2022		GB			225,000			UF		09/01/2034			3.18	%
July 18,<br> 2025		11/2022		GB			250,000			UF		09/01/2034			3.16	%
July 21,<br> 2025		11/2022		GB			150,000			UF		09/01/2034			3.13	%
July 22,<br> 2025		11/2022		GB			500,000			UF		09/01/2034			3.11	%
July 22,<br> 2025		11/2022		GG			150,000			UF		05/01/2035			3.11	%
July 22,<br> 2025 (*)		20240002		HW			450,000			UF		06/01/2044			3.19	%
August<br> 22, 2025		11/2022		GG			100,000			UF		05/01/2035			2.99	%
August<br> 27, 2025 (*)		20240002		HN			550,000			UF		12/01/2039			3.06	%
September<br> 4, 2025		11/2022		GG			400,000			UF		05/01/2035			3.01	%
September<br> 4, 2025 (*)		20240002		HW			200,000			UF		06/01/2044			3.12	%
September<br> 5, 2025		11/2022		GA			1,000,000			UF		05/01/2034			3.05	%
September<br> 5, 2025		11/2022		GD			4,000,000			UF		01/01/2035			3.09	%
September<br> 5, 2025 (*)		20240002		HI			5,000,000			UF		06/01/2037			3.13	%
September<br> 11, 2025		11/2022		GA			800,000			UF		05/01/2034			2.99	%
September<br> 15, 2025		11/2022		GA			50,000			UF		05/01/2034			2.99	%
September<br> 15, 2025 (*)		20240002		HW			550,000			UF		06/01/2044			3.12	%
September<br> 16, 2025 (*)		20240002		HN			1,000,000			UF		12/01/2039			3.03	%
September<br> 17, 2025		11/2022		FU			1,650,000			UF		11/01/2032			2.91	%
September<br> 17, 2025		11/2022		GA			550,000			UF		05/01/2034			2.99	%
September<br> 22, 2025		11/2022		FU			800,000			UF		11/01/2032			2.91	%
September<br> 22, 2025		11/2022		GA			150,000			UF		05/01/2034			2.98	%
September<br> 22, 2025 (*)		20240002		HH			2,100,000			UF		12/01/2036			3.08	%
September<br> 23, 2025 (*)		20240002		HH			1,600,000			UF		12/01/2036			3.07	%
September<br> 25, 2025		11/2022		FU			150,000			UF		11/01/2032			2.90	%
October<br> 28, 2025		11/2022		GA			650,000			UF		05/01/2034			2.99	%
October<br> 28, 2025 (*)		20240002		HW			150,000			UF		06/01/2044			3.03	%
October<br> 30, 2025 (*)		20240002		HW			300,000			UF		06/01/2044			3.02	%
November<br> 6, 2025		11/2022		FU			400,000			UF		11/01/2032			2.89	%
(*)	The<br> bonds have been registered under the Automatic Registration modality, with the registration<br> number dated April 5, 2024.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:
(f)	During<br> the year 2025 Banco de Chile has reported as an essential fact the following placements in<br> the foreign market, issued under its Medium-Term Notes Program (“MTN”):
---	---
Date		Amount				Currency	Maturity<br> date		Average<br> rate
---	---	---	---	---	---	---	---	---	---	---	---

June 17, 2025 (*)			100,000,000			CHF	07/15/2031			1.1875%
June 18, 2025			10,000,000,000				06/27/2030			1.635%
July 9, 2025			1,000,000,000			MXN	07/17/2030			TIIE<br> (28 days) + 1.05%
October 22, 2025			70,000,000			AUD	10/30/2035			BBSW3M<br> +1.28%
October 30, 2025			620,000,000			HKD	11/12/2032			3.735%<br> (annual rate)

All values are in Japanese Yen.

(*)	This<br> placement will be listed on the Zurich Stock Exchange in Switzerland and is intended to finance<br> or refinance social and environmental projects in accordance with Banco de Chile’s<br> Sustainability Financing Framework.
(g)	On<br> July 4, 2025, Banco de Chile announced that, by public deed dated June 23, 2025, granted<br> by the Notary of Santiago, Mrs. María Pilar Gutiérrez Rivera, Banco de Chile<br> acquired all the shares held by Banchile Asesoría Financiera S.A. in the company Socofin<br> S.A., a subsidiary of Banco de Chile. In accordance with item 2 of Article 103 of Law No.<br> 18,046 on Corporations, and after an uninterrupted period of more than 10 days, Socofin S.A.<br> has been dissolved because 100% of its shares are held by Banco de Chile, which, beginning<br> on July 4, 2025, becomes its legal successor and continuator.
---	---
(h)	On<br> August 29, 2025, Banco de Chile announced that, together with Citigroup Inc., they have agreed<br> to extend the term of the Cooperation Agreement, the Global Connectivity Agreement, and the<br> Amended and Restated Trademark License Agreement, the first two originally executed on October<br> 22, 2015, and the latter on November 29, 2019.
---	---

Pursuant to this extension, the term of these agreements will run from January 1, 2026, through January 1, 2028. The parties may agree, prior to August 31, 2027, to extend the term for an additional two years starting January 1, 2028. If such agreement is not reached, the contracts will be automatically extended one time only for a period of one year, from January 1, 2028, to January 1, 2029. The same renewal procedure may be used in the future as often as the parties agree.

Additionally, on this same date, Banco de Chile and Citigroup Inc. executed an Amended and Restated Master Services Agreement, agreeing that its term will be the same as that established in the Cooperation Agreement referred to in the previous paragraph.

The Board of Directors of Banco de Chile, in session No. BCH 3,037 held on August 28, 2025, approved the extension and execution of the previously mentioned agreements under the terms set forth in Articles 146 and following of the Chilean Corporations Law.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:
(i)	On<br> September 11, 2025, Banco de Chile announced that its Board of Directors resolved to convene<br> an Extraordinary Shareholders’ Meeting to be held on November 10, 2025, at 10:00 a.m.,<br> in the Bank’s Auditorium located at Huérfanos Street No. 930, Santiago, for<br> the purpose of addressing the following matters:
---	---
1.	Approve<br> amendments to the bank’s bylaws as detailed below:
---	---
a)	Amend<br> Article Two to maintain the city of Santiago as the corporate domicile and remove the reference<br> to the commune of Santiago.
---	---
b)	Amend<br> Article Eight to reduce the number of directors from eleven to nine.
---	---
c)	Amend<br> Article Nine to adjust the minimum quorum required to hold board meetings from six to five<br> regular or alternate directors.
---	---
d)	Amend<br> Article Ten regarding the convening of extraordinary board meetings.
---	---
e)	Replace<br> Article Nineteen to incorporate as a permanent provision in the bylaws the possibility of<br> participating and/or voting in shareholders’ meetings through systems and procedures<br> approved by the board, including technological means, without prejudice to holding meetings<br> with in-person attendance.
---	---
f)	Amend<br> Article Twenty-Three to update its wording regarding the availability of the Annual Report<br> for shareholders and the public.
---	---
g)	Amend<br> Articles Thirteen, Sixteen, and Twenty-Four to replace references to the Superintendency<br> and the Superintendent of Banks and Financial Institutions with the Financial Market Commission.
---	---
h)	Eliminate<br> the Third Transitional Article.
---	---
i)	Remove<br> the Second and Fourth Transitional Articles.
---	---
j)	Incorporate<br> a new Second Transitional Article providing that, at the next ordinary shareholders’<br> meeting held after the registration and publication of the certificate issued by the Financial<br> Market Commission regarding the bylaws amendment, nine regular directors shall be elected<br> in accordance with the amendment to Article Eight, and that from such date Article Nine will<br> be applicable as approved by the extraordinary shareholders’ meeting.
---	---
2.	Approve<br> a new consolidated text of the bank’s bylaws.
---	---
3.	Adopt<br> any other resolutions necessary to implement the bylaws amendment and grant the powers required<br> to execute the resolutions adopted on the matters indicated above.
---	---

Additional information regarding the board’s resolutions and the proposals to be submitted to the shareholders’ meeting on the matters described in items 1 and 2 above is available on the Bank’s website at www.bancochile.cl.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:
(j)	On<br> November 10, 2025, Banco de Chile reported that at the Extraordinary Shareholders’<br> Meeting held on the same day, the following was agreed:
---	---
1.	Approved<br> the following modifications into the bylaws;
---	---
a)	Amend<br> Article Two to maintain the city of Santiago as the corporate domicile, removing the current<br> reference to the commune of Santiago.
---	---
b)	Amend<br> Article Eight to reduce the number of Directors from eleven to nine, while maintaining two<br> alternate directors.
---	---
c)	Amend<br> Article Nine to adjust the minimum quorum required to constitute Board meetings, reducing<br> it from 6 to 5 regular or alternate directors.
---	---
d)	Amend<br> Article Ten with respect to the notice requirements for calling extraordinary Board meetings.
---	---
e)	Amend<br> Article Nineteen to incorporate, as a permanent provision in the Bylaws, the possibility<br> of participating and/or voting in Shareholders’ Meetings through systems and procedures<br> approved by the Board of Directors, including technological means.
---	---
f)	Amend<br> Article Twenty-Three to update its wording regarding the availability of the Annual Report<br> for shareholders and the general public.
---	---
g)	Amend<br> Articles Thirteen, Sixteen, and Twenty-Four to replace references to the Superintendency<br> of Banks and Financial Institutions and the Superintendent of Banks and Financial Institutions<br> with the Financial Market Commission.
---	---
h)	Delete<br> the Third Transitory Article.
---	---
i)	Eliminate<br> the Second and Fourth Transitory Articles.
---	---
j)	Incorporate<br> a new Second Transitory Article establishing that, at the next Ordinary Shareholders’<br> Meeting held after the registration and publication of the certificate issued by the Financial<br> Market Commission regarding the amendment to the Bylaws, nine Regular Directors shall be<br> elected in accordance with the amendment to Article Eight, and that from that date onward,<br> Article Nine of the bylaws shall apply according to the text approved by the Extraordinary<br> Shareholders’ Meeting.
---	---
2.	Approve<br> a new consolidated text of the Bank’s Bylaws.
---	---
3.	Grant<br> the necessary powers to implement the amendment to the Bylaws and to carry out the resolutions<br> adopted regarding the aforementioned matters.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:
(k)	On<br> November 27, 2025 Banco de Chile informed the CMF that it has become aware of the approval<br> of the general policy for the election of directors in subsidiaries by LQ Inversiones Financieras<br> S.A.
---	---

The aforementioned policy is available on the website of LQ Inversiones Financieras S.A. www.lqif.cl.

(l)	On<br> November 27, 2025 the subsidiary Banchile Corredores de Bolsa S.A. informed that the board<br> of directors of Banco de Chile approved the policy for the election of directors in subsidiaries,<br> which applies to Banchile CB in its capacity as a subsidiary supervised by the Financial<br> Market Commission.

The aforementioned policy was made known to Banchile CB and is available on Banco de Chile’s website (www.bancochile.cl), in the ‘Our Bank’ section.

(m)	On<br> November 27, 2025 the subsidiary Banchile Administradora General de Fondos S.A. informed<br> that the board of directors of Banco de Chile approved the policy for the election of directors<br> in subsidiaries, which applies to Banchile AGF in its capacity as a subsidiary supervised<br> by the Financial Market Commission.

The aforementioned policy was made known to Banchile AGF and is available on Banco de Chile’s website (www.bancochile.cl), in the ‘Our Bank’ section.

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 Banking:

This segment focuses on individuals and small and medium-sized companies (SMEs) with annual sales up to UF 70,000, where the product offering focuses primarily on consumer loans, commercial loans, checking accounts, credit cards, credit lines and residential mortgage loans.

Wholesale Banking:

This segment focused on corporate clients and large companies, whose annual revenue exceed UF 70,000, where the product offering focuses primarily on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases.

Treasury:

This segment includes the associated revenues to the management of the investment portfolio and 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 to the businesses generated by the companies controlled by the Bank, which carry out activities complementary to the bank business. The companies that comprise this segment are:

Banchile Administradora General de Fondos S.A.
Banchile Asesoría Financiera S.A.
Banchile Corredores de Seguros Ltda.
Banchile Corredores de Bolsa S.A.

- Operadora de Tarjetas Banchile Pagos S.A.

Socofin S.A. (*)

(*)	See<br> Note 5 letter (d) and (g) on Relevant Events.

NOTES TO THE 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. Additional allowances are assigned to the different business<br> segments based on the credit risk weighted assets of each segment.
---	---
●	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 years ended December 31, 2025 and 2024 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

6.	Business Segments, continued:

The following table presents the income by segment for the years ended December 31, 2025 and 2024 for each of the segments defined above:

	Retail<br> Banking						Wholesale<br> Banking						Treasury						Subsidiaries						Subtotal						Consolidation<br> <br>adjustment						Total
	2025			2024			2025			2024			2025			2024			2025			2024			2025			2024			2025			2024			2025			2024
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Net<br> interest income and UF indexation		1,485,820			1,503,824			674,144			744,346			(107,552	)		(105,115	)		(2,054	)		(3,759	)		2,050,358			2,139,296			1,526			1,555			2,051,884			2,140,851
Net<br> fee and commission income		362,587			323,785			93,767			90,343			3,399			4,376			197,034			190,192			656,787			608,696			(19,528	)		(36,813	)		637,259			571,883
Profit<br> (loss) of financial operations		370			434			17,065			15,685			79,804			69,111			24,922			26,915			122,161			112,145			(1,526	)		(1,555	)		120,635			110,590
Foreign<br> currency changes, indexation and accounting hedge		5,741			15,451			32,990			31,725			91,476			91,478			25,489			25,943			155,696			164,597			—			—			155,696			164,597
Other<br> income		40,666			41,640			15,608			10,338			—			—			6,714			3,408			62,988			55,386			(14,876	)		(10,074	)		48,112			45,312
Results<br> from investments in other companies		9,505			9,291			2,329			6,385			158			980			465			396			12,457			17,052			—			—			12,457			17,052
Total<br> operating income		1,904,689			1,894,425			835,903			898,822			67,285			60,830			252,570			243,095			3,060,447			3,097,172			(34,404	)		(46,887	)		3,026,043			3,050,285
Personnel<br> expenses		(377,347	)		(378,596	)		(113,707	)		(113,623	)		(3,945	)		(3,951	)		(75,377	)		(86,397	)		(570,376	)		(582,567	)		21			20			(570,355	)		(582,547	)
Administrative<br> expenses		(331,250	)		(336,550	)		(78,690	)		(75,958	)		(2,366	)		(1,938	)		(50,681	)		(48,178	)		(462,987	)		(462,624	)		33,354			45,928			(429,633	)		(416,696	)
Depreciation<br> and amortization		(80,696	)		(78,846	)		(7,103	)		(7,791	)		(542	)		(575	)		(6,769	)		(7,389	)		(95,110	)		(94,601	)		—			—			(95,110	)		(94,601	)
Impairment<br> of non-financial assets		(335	)		(1,147	)		(10	)		—			—			—			(1,537	)		(1,704	)		(1,882	)		(2,851	)		—			—			(1,882	)		(2,851	)
Other<br> operating expenses		(25,590	)		(25,448	)		(7,024	)		(10,058	)		(32	)		(52	)		(2,341	)		(1,420	)		(34,987	)		(36,978	)		1,029			939			(33,958	)		(36,039	)
Total<br> operating expenses		(815,218	)		(820,587	)		(206,534	)		(207,430	)		(6,885	)		(6,516	)		(136,705	)		(145,088	)		(1,165,342	)		(1,179,621	)		34,404			46,887			(1,130,938	)		(1,132,734	)
Expenses<br> for credit losses		(378,738	)		(364,712	)		1,228			(26,033	)		(4,412	)		(1,009	)		—			—			(381,922	)		(391,754	)		—			—			(381,922	)		(391,754	)
Net<br> operating income		710,733			709,126			630,597			665,359			55,988			53,305			115,865			98,007			1,513,183			1,525,797			—			—			1,513,183			1,525,797
Income<br> taxes																																						(320,921	)		(318,405	)
Net<br> income after taxes																																						1,192,262			1,207,392

For comparative purposes, the amounts for the year 2024 include certain minor reclassifications in some items.

The following table presents assets and liabilities as of December 31, 2025 and 2024 by each segment defined above:

	Retail<br> Banking				Wholesale<br> Banking				Treasury				Subsidiaries				Subtotal				Consolidation<br> <br>adjustment						Total
	2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025			2024			2025		2024
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$		MCh$

Assets		25,819,643		24,832,432		12,536,827		13,259,610		14,154,573		12,589,488		1,285,572		924,392		53,796,615		51,605,922		(261,464	)		(227,179	)		53,535,151		51,378,743
Current<br> and deferred taxes																												565,752		716,698
Total<br> assets																												54,100,903		52,095,441

Liabilities		17,893,540		18,015,015		10,543,300		10,790,972		19,062,619		17,198,350		1,028,142		694,984		48,527,601		46,699,321		(261,464	)		(227,179	)		48,266,137		46,472,142
Current<br> and deferred taxes																												35,231		298
Total<br> liabilities																												48,301,368		46,472,440

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

7.	Cash<br> and Cash Equivalents:

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

	2025			2024
	MCh$			MCh$
Cash and deposits in banks:
Cash		900,264			879,130
Deposit<br> in Chilean Central Bank (*)		1,347,525			1,036,476
Deposit<br> in foreign Central Banks		—			—
Deposits<br> in domestic banks		8,862			12,767
Deposits<br> in abroad banks		334,335			770,703
Subtotal<br> – Cash and deposits in banks		2,590,986			2,699,076

Net transactions in the course<br> of settlement (**)		(149,753	)		88,851
Cash equivalents<br> (***)		2,880,913			1,701,659
Total<br> cash and cash equivalents		5,322,146			4,489,586

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

		2025			2024
		MCh$			MCh$
Assets
Documents<br> drawn on other banks (clearing)			115,967			109,635
Funds<br> receivable			298,452			262,821
Subtotal<br> - assets			414,419			372,456

Liabilities
Funds<br> payable			(564,172	)		(283,605	)
Subtotal<br> - liabilities			(564,172	)		(283,605	)
Net transactions<br> in the course of settlement			(149,753	)		88,851
(*)	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.
---	---
(**)	Trading<br> operations pending settlement correspond to transactions in which only the settlement remains<br> that will increase or decrease the funds in the Central Bank of Chile or in banks in foreign<br> countries, normally within a period ranging between 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.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The item detail is as follows:

		2025				2024
		MCh$				MCh$

Financial derivative<br> instruments			1,869,467				2,303,353
Debt Financial Instruments			3,121,702				1,714,381
Others			402,259				411,689
Total			5,393,428				4,429,423
(a)	The<br> Bank as of December 31, 2025 and 2024, maintains the following asset portfolio of derivative<br> instruments:
---	---
		Notional amount of contract with final expiration date in
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Demand								Up<br> to 1 month								Over<br> 1 month and<br><br> up to 3 months								Over<br> 3 months and<br><br> up to 12 months								Over<br> 1 year and<br><br> up to 3 years								Over<br> 3 years and<br><br> up to 5 years								Over<br> 5 years								Total								Fair Value Assets
		2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Currency<br> forward			—				—				6,451,389				3,289,559				3,453,741				1,712,274				3,453,928				2,589,278				658,475				916,016				3,028				26,575				—				4,442				14,020,561				8,538,144				377,810				227,670
Interest<br> rate swap			—				—				384,202				376,933				2,758,114				2,249,606				7,746,942				5,133,205				7,089,417				7,253,517				4,497,481				4,172,518				4,088,342				4,250,312				26,564,498				23,436,091				451,124				732,395
Interest<br> rate and cross currency swap			—				—				227,581				107,571				556,735				249,871				1,527,659				2,198,760				2,396,969				2,164,528				2,170,585				1,449,064				2,529,413				2,686,049				9,408,942				8,855,843				1,037,686				1,338,086
Call<br> currency options			—				—				5,591				11,551				28,062				42,692				57,525				57,908				—				11,340				—				—				—				—				91,178				123,491				332				4,949
Put<br> currency options			—				—				14,679				10,208				18,722				16,989				29,583				23,301				—				—				—				—				—				—				62,984				50,498				2,515				253
Total			—				—				7,083,442				3,795,822				6,815,374				4,271,432				12,815,637				10,002,452				10,144,861				10,345,401				6,671,094				5,648,157				6,617,755				6,940,803				50,148,163				41,004,067				1,869,467				2,303,353

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

8.	Financial Assets Held for Trading at Fair Value through Profit or Loss, continued:
b)	The<br> detail of the Debt Financial Instruments is the following:
---	---
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$
Instruments issued by the Chilean<br> Government and Central Bank of Chile
Debt<br> financial instruments from the Central Bank of Chile			2,388,127				1,217,317
Bonds<br> and Promissory notes from the General Treasury of the Republic			410,202				278,140
Other<br> fiscal debt financial instruments			—				—

Other Instruments<br> Issued in Chile
Debt financial<br> instruments from other domestic banks			277,354				217,948
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			46,019				976
Debt financial<br> instruments from other foreign banks			—				—
Bonds<br> and trade effects from foreign companies			—				—
Total			3,121,702				1,714,381

Securities of the Chilean Government and Central Bank of Chile includes instruments sold under repurchase agreements to customers and financial institutions of Ch$62,046 million as of December 31, 2025 (Ch$10,038 million as of December 31, 2024). The repurchase agreements have an average maturity of 2 days as of December 31, 2025 (2 days in December 2024).

Other financial debt securities issued in Chile include instruments sold under repurchase agreements to customers and financial institutions of Ch$151,169 million as of December 31, 2025 (Ch$89,223 million in December 2024). The repurchase agreements have an average maturity of 4 days at the end of the year 2025 (7 days in December 2024).

Additionally, the Bank has investments in own-issued letters of credit for an amount equivalent to Ch$474 million as of December 31, 2025 (Ch$998 million in December 2024), which are presented as a reduction of the liability item “Debt Financial Instruments Issued”.

c)	The<br> detail of other financial instruments is as follows:
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$
Mutual fund investments
Funds<br> managed by related companies			400,222				408,121
Funds managed<br> by third-party			—				—

Equity<br> instruments
Domestic<br> equity instruments			619				1,039
Foreign<br> equity instruments			—				—

Loans<br> originated and acquired by the entity			—				—

Others			1,418				2,529
Total			402,259				411,689
9.	Non-trading Financial Assets mandatorily measured at Fair Value through Profit or Loss:
---	---

As of December 31, 2025 and 2024, the Bank does not hold any non-trading financial assets mandatorily measured at fair value through profit or loss.

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

As of December 31, 2025 and 2024, the Bank does not hold financial assets and liabilities designated as at fair value through profit or loss.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The item detail is as follows:

		2025				2024
		MCh$				MCh$

Debt Financial<br> Instruments			3,548,971				2,088,345
Others			—				—
Total			3,548,971				2,088,345
(a)	As<br> of December 31, 2025 and 2024, the detail of debt financial instruments is as follows:
---	---
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$
Instruments issued<br> 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			1,174,234				660,321
Other<br> fiscal debt financial instruments			72				456

Other<br> Instruments Issued in Chile
Debt<br> financial instruments from other domestic banks			2,234,247				1,321,030
Bonds<br> and trade effects from domestic companies			104,679				54,600
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			35,739				48,883
Debt<br> financial instruments from other foreign banks			—				—
Bonds<br> and trade effects from foreign companies			—				3,055
Other<br> debt financial instruments issued abroad			—				—
Total			3,548,971				2,088,345

Instruments issued by the Chilean Government and Central Bank of Chile include instruments sold under repurchase agreements to clients and financial institutions for an amount of Ch$43,599 million in December 2025 (Ch$10,001 million in December 2024). The repurchase agreements have an average maturity of 5 days in December 2025 (2 days in December 2024).

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$20,714 million as of December 31, 2025 (Ch$22,719 million as of December 31, 2024).

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

As of December 31, 2025 the accumulated credit impairment for debt instruments at fair value through other comprehensive income amounted to Ch$6,979 million (Ch$4,226 million as of December 31, 2024).

(b)	The<br> analysis of changes in fair value and expected losses from debt instruments measured at fair<br> value is detailed as follows:
		Stage<br> 1 Individual								Stage<br> 2 Individual								Stage<br> 3 Individual								Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Fair<br> value				Impairment				Fair<br> value				Impairment				Fair<br> value				Impairment				Fair<br> value				Impairment
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Balance<br> as of January 1, 2024			3,786,525				5,500				—				—				—				—				3,786,525				5,500
Net<br> change in balance			(1,694,790	)			(1,274	)			—				—				—				—				(1,694,790	)			(1,274	)
Change<br> in fair value			(3,390	)			—				—				—				—				—				(3,390	)			—
Transfer<br> to Stage 1			—				—				—				—				—				—				—				—
Transfer<br> to Stage 2			—				—				—				—				—				—				—				—
Transfer<br> to Stage 3			—				—				—				—				—				—				—				—
Impact<br> due to transfer between Stages			—				—				—				—				—				—				—				—
Balance<br> as of December 31, 2024			2,088,345				4,226				—				—				—				—				2,088,345				4,226

Balance<br> as of January 1, 2025			2,088,345				4,226				—				—				—				—				2,088,345				4,226
Net<br> change in balance			1,454,573				2,753				—				—				—				—				1,454,573				2,753
Change<br> in fair value			6,053				—				—				—				—				—				6,053				—
Transfer<br> to Stage 1			—				—				—				—				—				—				—				—
Transfer<br> to Stage 2			—				—				—				—				—				—				—				—
Transfer<br> to Stage 3			—				—				—				—				—				—				—				—
Impact<br> due to transfer between stages			—				—				—				—				—				—				—				—
Balance<br> as of December 31, 2025			3,548,971				6,979				—				—				—				—				3,548,971				6,979

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

As of December 31, 2025, the portfolio of debt financial instruments includes an accumulated unrealized gain of Ch$13,284 million (unrealized gain of Ch$4,478 million as of December 31, 2024), recorded as an equity valuation adjustment.

Gross realized gains and losses on the sale of debt financial instruments, as of December 31, 2025 and 2024 are reported under “Net Financial Result” (See Note 33).

The changes in realized gains and losses at the end of both years are detailed as follows:

	2025			2024
	MCh$			MCh$

Unrealized gains<br> (losses)		23,681			3,386
Realized<br> losses (gains) reclassified to income		(14,875	)		(8,050	)
Subtotal		8,806			(4,664	)
Income<br> tax on other comprehensive income		(936	)		(710	)
Net<br> effect on equity		7,870			(5,374	)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivatives<br> Hedge Accounting:

(a.1) As of December 31, 2025 and 2024, 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 and<br><br> up to 3 months				Over<br> 3 months and <br><br> up to 12 months				Over<br> 1 year and<br><br> up to 3 years				Over<br> 3 years and <br><br> up to 5 years				Over<br> 5 years				Total				**<br><br>Fair value Assets**
	2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024
	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		—		—		—		—		—		—		—		131,987		215,715		274,935		—		122,041		107,073		306,460		322,788		835,423		29,714		73,959
Total		—		—		—		—		—		—		—		131,987		215,715		274,935		—		122,041		107,073		306,460		322,788		835,423		29,714		73,959

(a.2) As of December 31, 2025 and 2024, 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 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 years and up to 5 years				Over<br> 5 years				Total				**<br><br>Fair value<br> <br>Liabilities**
	2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024		2025		2024
	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		—		—		—		—		—		—		—		134,806		230,019		34,060		254,545		132,265		1,350,496		875,618		1,835,060		1,176,749		297,817		141,040
Total		—		—		—		—		—		—		—		134,806		230,019		34,060		254,545		132,265		1,350,496		875,618		1,835,060		1,176,749		297,817		141,040

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivatives Hedge Accounting, continued:
(b)	Fair value Hedges:
---	---

As of December 31, 2025 and 2024, 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 are 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 Statement of Income.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivatives Hedge Accounting, 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:
---	---
		Demand								Up<br> to 1 month								Over<br> 1 month <br><br> and up to <br><br> 3 months								Over<br> 3 months <br><br> and up to<br><br> 12 months								Over<br> 1 years<br><br> and up to <br><br> 3 years								Over<br> 3 years<br><br> and up to<br><br> 5 years								Over<br> 5 years								Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Hedge<br> element
Outflows:
Corporate<br> Bond		—				—				(1,017	)			(472	)			(9,291	)			(7,576	)			(52,425	)			(213,764	)			(572,565	)			(444,033	)			(297,431	)			(357,141	)			(1,437,654	)			(1,297,164	)			(2,370,383	)			(2,320,150	)
Obligation		—				—				—				—				—				—				—				(104,466	)			—				—				—				—				—				—				—				(104,466	)

Hedge<br> instrument
Inflows:
Cross<br> Currency Swap		—				—				1,017				472				9,291				7,576				52,425				318,230				572,565				444,033				297,431				357,141				1,437,654				1,297,164				2,370,383				2,424,616
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 <br> 3 months								Over<br> 3 months <br> and up to <br> 12 months								Over<br> 1 years<br> and up to<br> 3 years								Over<br> 3 years <br> and up to<br> 5 years								Over<br> 5 years								Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024
		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			—				—				2,270				1,588				2,881				2,804				41,030				306,543				527,973				377,477				320,395				304,794				1,549,936				1,280,412				2,444,485				2,273,618

Hedge<br> instrument
Outflows:
Cross<br> Currency Swap			—				—				(2,270	)			(1,588	)			(2,881	)			(2,804	)			(41,030	)			(306,543	)			(527,973	)			(377,477	)			(320,395	)			(304,794	)			(1,549,936	)			(1,280,412	)			(2,444,485	)			(2,273,618	)
Net<br> cash flows			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivatives Hedge Accounting, 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 year 2025 by those derivative contracts that conform the hedging instruments in this cash flow hedging strategy, have been recorded with charge to equity amounting to Ch$28,341 million (charge to equity of Ch$21,798 million in December 2024). The net effect of taxes charge to equity amounts to Ch$20,689 million (charge to equity of Ch$15,913 million during the year 2024).

The accumulated balance for this concept as of December 31, 2025 corresponds to a charge in equity amounted to Ch$40,738 million (charge to equity of Ch$12,397 million as of December 2024).

(c.5)	The<br> effect of the cash flow hedging derivatives that offset the result of the hedged instruments<br> corresponds to a charge to income of Ch$169,951 million during the year 2025 (credit to results<br> for Ch$100,566 million during December 2024).
(c.6)	As<br> of December 31, 2025 and 2024, there is not any inefficiency in the cash flow hedge, because<br> both, hedged item and hedge instruments, are mirrors of each other, it means that all variation<br> of value attributable to rate and revaluation components are netted totally.
---	---
(c.7)	As<br> of December 31, 2025 and 2024, the Bank had no hedges of net investments in foreign businesses.
---	---
13.	Financial<br>assets at amortized cost:
---	---

The item detail is as follows:

		2025			2024
		MCh$			MCh$

Rights under repurchase<br> agreements			100,643			87,291
Debt financial instruments			460,937			944,074
Loans to Banks			399,123			666,815
Loans to customers:
Commercial<br> loans			19,509,355			20,105,228
Residential<br> mortgage loans			13,916,618			13,218,586
Consumer<br> loans			5,765,997			5,551,306
Allowances<br> established for credit risk (*)
Commercial<br> loans allowances			(371,895	)		(380,295	)
Mortgage<br> loans allowances			(42,111	)		(38,400	)
Consumer<br> loans allowances			(422,965	)		(367,389	)
Total			39,315,702			39,787,216
(*)	In<br> addition to these allowances for credit losses, country risk allowances are to cover foreign<br> operations and additional allowances agreed by the Board of Directors are maintained, which<br> are presented in liabilities under the line item Special allowances for credit losses (See<br> Note 26).
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(a)	Rights<br> under repurchase agreements:
---	---

The Bank provides financing to its customers through resale agreements and securities lending, in which the financial instrument serves as collateral. As of December 31, 2025 and 2024, the detail is as follows:

	2025		2024
	MCh$		MCh$
Transaction<br> with domestic banks		—		—

Transaction<br> with foreign banks		—		—

Transaction<br> with other domestic entities
Resale<br> agreements		100,643		87,291
Rights<br> by securities lending		—		—

Transaction<br> with other foreign entities		—		—

Accumulated<br> Impairment Value of Financial Assets at Amortized Cost Rights under repurchase agreements		—		—
Total		100,643		87,291

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 December 31, 2025, the fair value of the instruments received amounts to Ch$107,060 million (Ch$87,157 million in December 2024).

(b)	Debt<br> financial instruments:

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

	2025			2024
	MCh$			MCh$
Instruments issued<br> by the Chilean Government and Central Bank of Chile
Debt financial<br> instruments from the Central Bank of Chile		—			—
Bonds<br> and promissory notes from the General Treasury of the Republic		460,956			944,109
Other fiscal debt<br> financial instruments		—			—

Other<br> Financial Instruments issued in Chile		—			—

Financial<br> Instruments issued Abroad		—			—

Accumulated<br> Impairment Value of Financial Assets at Amortized Cost Debt Financial Instruments
Financial assets<br> with no significant increase in credit risk since initial recognition (stage 1)		(19	)		(35	)
Financial assets<br> with a significant increase in credit risk since initial recognition, but without credit impairment (stage 2)		—			—
Financial<br> assets with credit impairment (stage 3)		—			—
Total		460,937			944,074

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(c)	Loans<br> to Banks: At the end of each year, the balances presented under this item are as follows:
---	---
		Assets<br> before allowances																Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal<br> Portfolio				Substandard<br> Portfolio				Non-performing<br> Portfolio								Normal<br> Portfolio				Substandard<br> Portfolio				Non-performing<br> Portfolio								Net
		Individual				Individual				Individual								Individual				Individual				Individual								Financial
As<br> of December 31, 2025		Evaluation				Evaluation				Evaluation				Total				Evaluation				Evaluation				Evaluation				Total				Asset
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Domestic<br> Banks
Interbank<br> loans for liquidity			—				—				—				—				—				—				—				—				—
Interbank<br> loans commercial			—				—				—				—				—				—				—				—				—
Current<br> accounts overdrafts			—				—				—				—				—				—				—				—				—
Chilean<br> exports foreign trade loans			—				—				—				—				—				—				—				—				—
Chilean<br> imports foreign trade loans			—				—				—				—				—				—				—				—				—
Credits<br> with third countries			—				—				—				—				—				—				—				—				—
Non-transferable<br> deposits in domestic banks			—				—				—				—				—				—				—				—				—
Other<br> debts with domestic banks			—				—				—				—				—				—				—				—				—
Foreign<br> Banks
Interbank<br> loans for liquidity			—				—				—				—				—				—				—				—				—
Interbank<br> loans commercial			204,397				—				—				204,397				(447	)			—				—				(447	)			203,950
Current<br> accounts overdrafts			—				—				—				—				—				—				—				—				—
Chilean<br> exports foreign trade loans			195,395				—				—				195,395				(222	)			—				—				(222	)			195,173
Chilean<br> imports foreign trade loans			—				—				—				—				—				—				—				—				—
Credits<br> with third countries			—				—				—				—				—				—				—				—				—
Current<br> account deposits with foreign banks for derivatives transactions			—				—				—				—				—				—				—				—				—
Other<br> non-transferable deposits with foreign banks			—				—				—				—				—				—				—				—				—
Other<br> debts with foreign banks			—				—				—				—				—				—				—				—				—
Subtotal<br> Domestic Bank and Foreign			399,792				—				—				399,792				(669	)			—				—				(669	)			399,123
Central<br> Bank of Chile
Current<br> account deposits for derivative transactions with a central counterparty			—				—				—				—				—				—				—				—				—
Other<br> deposits not available			—				—				—								—				—				—				—
Other<br> receivables			—				—				—				—				—				—				—				—				—
Foreign<br> Central Banks
Current<br> account deposits for derivatives transactions			—				—				—				—				—				—				—				—				—
Other<br> foreign deposits not available			—				—				—				—				—				—				—				—				—
Other<br> foreign receivables			—				—				—				—				—				—				—				—				—
Subtotal<br> Central Bank of Chile and Foreign Central Banks			—				—				—				—				—				—				—				—				—
Total			399,792				—				—				399,792				(669	)			—				—				(669	)			399,123

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(c)	Loans<br> to Banks, continued:
---	---
		Assets<br> before allowances																Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal<br> Portfolio				Substandard<br> Portfolio				Non-performing<br> Portfolio								Normal<br> Portfolio				Substandard<br> Portfolio				Non-performing<br> Portfolio								Net
		Individual				Individual				Individual								Individual				Individual				Individual								Financial
As<br> of December 31, 2025		Evaluation				Evaluation				Evaluation				Total				Evaluation				Evaluation				Evaluation				Total				Asset
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Domestic<br> Banks
Interbank<br> loans for liquidity			300,042				—				—				300,042				(154	)			—				—				(154	)			299,888
Interbank<br> loans commercial			—				—				—				—				—				—				—				—				—
Current<br> accounts overdrafts			—				—				—				—				—				—				—				—				—
Chilean<br> exports foreign trade loans			—				—				—				—				—				—				—				—				—
Chilean<br> imports foreign trade loans			—				—				—				—				—				—				—				—				—
Credits<br> with third countries			—				—				—				—				—				—				—				—				—
Non-transferable<br> deposits in domestic banks			—				—				—				—				—				—				—				—				—
Other<br> debts with domestic banks			—				—				—				—				—				—				—				—				—
Foreign<br> Banks
Interbank<br> loans for liquidity			—				—				—				—				—				—				—				—				—
Interbank<br> loans commercial			269,191				—				—				269,191				(589	)			—				—				(589	)			268,602
Current<br> accounts overdrafts			—				—				—				—				—				—				—				—				—
Chilean<br> exports foreign trade loans			98,470				—				—				98,470				(145	)			—				—				(145	)			98,325
Chilean<br> imports foreign trade loans			—				—				—				—				—				—				—				—				—
Credits<br> with third countries			—				—				—				—				—				—				—				—				—
Current<br> account deposits with foreign banks for derivatives transactions			—				—				—				—				—				—				—				—				—
Other<br> non-transferable deposits with foreign banks			—				—				—				—				—				—				—				—				—
Other<br> debts with foreign banks			—				—				—				—				—				—				—				—				—
Subtotal<br> Domestic Bank and Foreign			667,703				—				—				667,703				(888	)			—				—				(888	)			666,815
Central<br> Bank of Chile
Current<br> account deposits for derivative transactions with a central counterparty			—				—				—				—				—				—				—				—				—
Other<br> deposits not available			—				—				—				—				—				—				—				—				—
Other<br> receivables			—				—				—				—				—				—				—				—				—
Foreign<br> Central Banks
Current<br> account deposits foreign for derivatives transactions			—				—				—				—				—				—				—				—				—
Other<br> foreign deposits not available			—				—				—				—				—				—				—				—				—
Other<br> foreign receivables			—				—				—				—				—				—				—				—				—
Subtotal<br> Central Bank of Chile and Foreign Central Banks			—				—				—				—				—				—				—				—				—
Total			667,703				—				—				667,703				(888	)			—				—				(888	)			666,815

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(d)	Loans<br> to customers: at the end of each year, the balances presented under this line item are detailed<br> as follows:
---	---
		Assets<br> before allowances																								Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal<br> Portfolio								Substandard<br> Portfolio				Non-performing<br> Portfolio												Normal<br> Portfolio								Substandard<br> Portfolio				Non-performing<br> Portfolio												Deductible<br><br> guarantees
Loans to Customers as of		Evaluation								Evaluation				Evaluation												Evaluation								Evaluation				Evaluation								Sub				Fogape								Net Financial
December<br> 31, 2025		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			10,420,557				3,864,529				175,300				214,874				354,171				15,029,431				(86,198	)			(27,878	)			(2,224	)			(63,700	)			(74,211	)			(254,211	)			(1,337	)			(255,548	)			14,773,883
Chilean<br> exports foreign trade loans			614,551				2,558				12,342				13,881				133				643,465				(17,574	)			(57	)			(3,000	)			(3,537	)			(76	)			(24,244	)			—				(24,244	)			619,221
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports			273				—				—				—				—				273				(24	)			—				—				—				—				(24	)			—				(24	)			249
Chilean<br> imports foreign trade loans			469,042				43,692				6,600				4,143				2,213				525,690				(18,896	)			(1,228	)			(625	)			(2,786	)			(1,250	)			(24,785	)			—				(24,785	)			500,905
Foreign<br> trade credits for operations with to third countries			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Current<br> account debtors			83,206				89,653				5,408				2,654				2,413				183,334				(3,003	)			(2,144	)			(526	)			(1,657	)			(1,134	)			(8,464	)			—				(8,464	)			174,870
Credit<br> card debtors			28,769				91,388				1,106				1,380				12,175				134,818				(1,194	)			(3,098	)			(144	)			(963	)			(6,649	)			(12,048	)			—				(12,048	)			122,770
Factoring<br> transactions			794,379				35,559				3,901				118				11				833,968				(13,041	)			(840	)			(315	)			(90	)			(4	)			(14,290	)			—				(14,290	)			819,678
Commercial<br> lease transactions (1)			1,714,548				296,688				28,165				42,154				14,238				2,095,793				(3,718	)			(1,759	)			(118	)			(15,409	)			(2,733	)			(23,737	)			(135	)			(23,872	)			2,071,921
Student<br> loans			—				44,179				—				—				3,088				47,267				—				(2,044	)			—				—				(2,152	)			(4,196	)			—				(4,196	)			43,071
Other<br> loans and accounts receivable			8,407				728				126				4,907				1,148				15,316				(250	)			(1	)			(15	)			(3,770	)			(388	)			(4,424	)			—				(4,424	)			10,892
Subtotal			14,133,732				4,468,974				232,948				284,111				389,590				19,509,355				(143,898	)			(39,049	)			(6,967	)			(91,912	)			(88,597	)			(370,423	)			(1,472	)			(371,895	)			19,137,460
Residential<br> mortgage loans
Mortgage<br> loans secured by housing letters of credit			—				694				—				—				112				806				—				(2	)			—				—				(6	)			(8	)			—				(8	)			798
Endorsable<br> mortgage mutual loans			—				8,318				—				—				286				8,604				—				(7	)			—				—				(23	)			(30	)			—				(30	)			8,574
Loans<br> with mutual funds financed by mortgage bonds			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> mutual loans for housing			—				13,351,528				—				—				394,437				13,745,965				—				(15,922	)			—				—				(24,931	)			(40,853	)			—				(40,853	)			13,705,112
Lease<br> transactions for housing (1)			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> loans and accounts receivable			—				149,607				—				—				11,636				161,243				—				(199	)			—				—				(1,021	)			(1,220	)			—				(1,220	)			160,023
Subtotal			—				13,510,147				—				—				406,471				13,916,618				—				(16,130	)			—				—				(25,981	)			(42,111	)			—				(42,111	)			13,874,507
Consumer<br> loans
Consumer<br> loans in installments			—				3,135,509				—				—				240,022				3,375,531				—				(147,737	)			—				—				(130,692	)			(278,429	)			—				(278,429	)			3,097,102
Current<br> account debtors			—				277,151				—				—				15,646				292,797				—				(17,142	)			—				—				(8,999	)			(26,141	)			—				(26,141	)			266,656
Credit<br> card debtors			—				2,056,286				—				—				38,747				2,095,033				—				(95,237	)			—				—				(22,337	)			(117,574	)			—				(117,574	)			1,977,459
Consumer<br> lease transactions (1)			—				1,142				—				—				57				1,199				—				(19	)			—				—				(19	)			(38	)			—				(38	)			1,161
Other<br> loans and accounts receivable			—				44				—				—				1,393				1,437				—				(11	)			—				—				(772	)			(783	)			—				(783	)			654
Subtotal			—				5,470,132				—				—				295,865				5,765,997				—				(260,146	)			—				—				(162,819	)			(422,965	)			—				(422,965	)			5,343,032
Total			14,133,732				23,449,253				232,948				284,111				1,091,926				39,191,970				(143,898	)			(315,325	)			(6,967	)			(91,912	)			(277,397	)			(835,499	)			(1,472	)			(836,971	)			38,354,999

(1)	In<br> this item, the Bank finances for its customers the acquisition of movable and immovable property<br> through financial lease contracts. As of December 31, 2025, Ch$1,032,905 million correspond<br> to finance leases on real estate assets and Ch$1,064,087 million correspond to finance leases<br> on movable property.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(d)	Loans<br> to Customers, continued:
---	---
****	****	Assets before allowances																						****	****	Allowances established																														****	****	****		****
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
****	****	Normal Portfolio						****	****	Substandard Portfolio		****	****	Non-performing Portfolio						****	****	****		****	****	Normal Portfolio						****	****	Substandard Portfolio		****	****	Non-performing Portfolio						****	****	****		****	****	Deductible guarantees		****	****	****		****	****	****		****
Loans to Customers as of	****	Evaluation						****	****	Evaluation		****	****	Evaluation						****	****	****		****	****	Evaluation						****	****	Evaluation		****	****	Evaluation						****	****	Sub		****	****	Fogape		****	****	****		****	****	Net Financial		****
December 31, 2025	****	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			10,512,364				3,835,557				194,728				219,467				350,892				15,113,008				(96,621	)			(25,815	)			(2,150	)			(62,373	)			(75,510	)			(262,469	)			(2,764	)			(265,233	)			14,847,775
Chilean<br> exports foreign trade loans			1,428,828				3,006				7,008				10,473				395				1,449,710				(21,952	)			(79	)			(443	)			(1,783	)			(208	)			(24,465	)			—				(24,465	)			1,425,245
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports			162				—				—				—				—				162				(15	)			—				—				—				—				(15	)			—				(15	)			147
Chilean<br> imports foreign trade loans			503,824				46,538				5,694				3,203				3,038				562,297				(21,019	)			(1,255	)			(799	)			(2,064	)			(1,722	)			(26,859	)			—				(26,859	)			535,438
Foreign<br> trade credits for operations with to third countries			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Current<br> account debtors			97,422				87,836				5,269				4,051				2,241				196,819				(2,672	)			(2,102	)			(497	)			(2,102	)			(1,062	)			(8,435	)			—				(8,435	)			188,384
Credit<br> card debtors			25,500				84,721				1,120				1,441				10,968				123,750				(1,061	)			(2,910	)			(157	)			(917	)			(5,999	)			(11,044	)			—				(11,044	)			112,706
Factoring<br> transactions			555,766				36,830				4,114				27				175				596,912				(10,887	)			(787	)			(292	)			(25	)			(63	)			(12,054	)			—				(12,054	)			584,858
Commercial<br> lease transactions (1)			1,614,628				296,248				28,243				37,964				13,941				1,991,024				(3,808	)			(2,086	)			(99	)			(10,831	)			(2,967	)			(19,791	)			(397	)			(20,188	)			1,970,836
Student<br> loans			—				48,804				—				—				3,476				52,280				—				(2,148	)			—				—				(2,417	)			(4,565	)			—				(4,565	)			47,715
Other<br> loans and accounts receivable			8,764				965				121				8,141				1,275				19,266				(300	)			(18	)			(11	)			(6,620	)			(488	)			(7,437	)			—				(7,437	)			11,829
Subtotal			14,747,258				4,440,505				246,297				284,767				386,401				20,105,228				(158,335	)			(37,200	)			(4,448	)			(86,715	)			(90,436	)			(377,134	)			(3,161	)			(380,295	)			19,724,933
Residential<br> mortgage loans
Mortgage<br> loans secured by housing letters of credit			—				1,267				—				—				123				1,390				—				(2	)			—				—				(7	)			(9	)			—				(9	)			1,381
Endorsable<br> mortgage mutual loans			—				10,603				—				—				446				11,049				—				(7	)			—				—				(39	)			(46	)			—				(46	)			11,003
Loans<br> with mutual funds financed by mortgage bonds			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> mutual loans for housing			—				12,714,211				—				—				327,154				13,041,365				—				(15,623	)			—				—				(21,520	)			(37,143	)			—				(37,143	)			13,004,222
Lease<br> transactions for housing (1)			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> loans and accounts receivable			—				154,542				—				—				10,240				164,782				—				(227	)			—				—				(975	)			(1,202	)			—				(1,202	)			163,580
Subtotal			—				12,880,623				—				—				337,963				13,218,586				—				(15,859	)			—				—				(22,541	)			(38,400	)			—				(38,400	)			13,180,186
Consumer<br> loans
Consumer<br> loans in installments			—				3,007,298				—				—				246,349				3,253,647				—				(137,888	)			—				—				(142,358	)			(280,246	)			—				(280,246	)			2,973,401
Current<br> account debtors			—				270,268				—				—				13,657				283,925				—				(12,566	)			—				—				(5,433	)			(17,999	)			—				(17,999	)			265,926
Credit<br> card debtors			—				1,981,073				—				—				30,976				2,012,049				—				(49,598	)			—				—				(18,229	)			(67,827	)			—				(67,827	)			1,944,222
Consumer<br> lease transactions (1)			—				320				—				—				—				320				—				(4	)			—				—				—				(4	)			—				(4	)			316
Other<br> loans and accounts receivable			—				4				—				—				1,361				1,365				—				(1	)			—				—				(1,312	)			(1,313	)			—				(1,313	)			52
Subtotal			—				5,258,963				—				—				292,343				5,551,306				—				(200,057	)			—				—				(167,332	)			(367,389	)			—				(367,389	)			5,183,917
Total			14,747,258				22,580,091				246,297				284,767				1,016,707				38,875,120				(158,335	)			(253,116	)			(4,448	)			(86,715	)			(280,309	)			(782,923	)			(3,161	)			(786,084	)			38,089,036

(1)	In<br> this item, the Bank finances for its customers the acquisition of movable and immovable property<br> through financial lease contracts. As of December 31, 2024, Ch$992,848 million correspond<br> to finance leases on real estate assets and Ch$998,496 million correspond to finance leases<br> on movable property.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(e)	Contingent<br> loan: At the close of each reporting year, the contingent credit risk exposure is as follows:
		Outstanding<br> exposure before provisions																								Provisions<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal<br> Portfolio								Substandard<br><br> Portfolio				Non-performing<br> <br> Portfolio												Normal<br> Portfolio								Substandard<br> <br> Portfolio				Non-performing<br><br> Portfolio												Net<br> exposure for
As<br> of December 31, 2025		Evaluation								Evaluation				Evaluation												Evaluation								Evaluation				Evaluation												credit<br> risk of
		Individual				Group				Individual				Individual				Group				Total				Individual				Group				Individual				Individual				Group				Total				contingent loans
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Guarantees<br> and sureties			288,155				555				—				—				—				288,710				(4,410	)			(4	)			—				—				—				(4,414	)			284,296
Letters<br> of credit for goods circulation operations			449,025				395				339				—				—				449,759				(690	)			(2	)			(21	)			—				—				(713	)			449,046
Debt<br> purchase commitments in local currency abroad			—				—				—				—				—				—				—				—				—				—				—				—				—
Transactions<br> related to contingent events			3,062,574				65,077				32,556				12,653				401				3,173,261				(28,987	)			(668	)			(2,818	)			(5,749	)			(171	)			(38,393	)			3,134,868
Undrawn<br> credit lines with immediate termination			1,644,538				9,795,652				6,174				1,160				6,258				11,453,782				(2,991	)			(32,626	)			(85	)			(747	)			(3,485	)			(39,934	)			11,413,848
Undrawn<br> credit lines			—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> irrevocable loan commitments			69,191				—				—				—				—				69,191				(1,059	)			—				—				—				—				(1,059	)			68,132
Other<br> contingent loans			—				—				—				—				—				—				—				—				—				—				—				—				—
Total			5,513,483				9,861,679				39,069				13,813				6,659				15,434,703				(38,137	)			(33,300	)			(2,924	)			(6,496	)			(3,656	)			(84,513	)			15,350,190
****	****	Outstanding exposure before provisions																						****	****	Provisions established																						****	****	****		****
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
****	****	Normal Portfolio						****	****	Substandard Portfolio		****	****	Non-performing Portfolio						****	****	****		****	****	Normal Portfolio						****	****	Substandard Portfolio		****	****	Non-performing Portfolio						****	****	****		****	****	Net exposure for		****
As of December 31, 2025	****	Evaluation						****	****	Evaluation		****	****	Evaluation						****	****	****		****	****	Evaluation						****	****	Evaluation		****	****	Evaluation						****	****	****		****	****	credit risk of		****
	****	Individual		****	****	Group		****	****	Individual		****	****	Individual		****	****	Group		****	****	Total		****	****	Individual		****	****	Group		****	****	Individual		****	****	Individual		****	****	Group		****	****	Total		****	****	contingent loans		****
****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****

Guarantees<br> and sureties			335,420				705				597				15				—				336,737				(4,855	)			(8	)			(83	)			(10	)			—				(4,956	)			331,781
Letters<br> of credit for goods circulation operations			441,899				240				77				—				—				442,216				(1,037	)			—				(2	)			—				—				(1,039	)			441,177
Debt<br> purchase commitments in local currency abroad			—				—				—				—				—				—				—				—				—				—				—				—				—
Transactions<br> related to contingent events			3,002,848				64,429				33,791				23,155				403				3,124,626				(30,827	)			(669	)			(2,736	)			(13,595	)			(153	)			(47,980	)			3,076,646
Undrawn<br> credit lines with immediate termination			1,516,269				9,594,526				5,762				1,333				7,410				11,125,300				(2,916	)			(4,666	)			(73	)			(795	)			(3,539	)			(11,989	)			11,113,311
Undrawn<br> credit lines			—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> irrevocable loan commitments			51,889				—				—				—				—				51,889				(1,573	)			—				—				—				—				(1,573	)			50,316
Other<br> contingent loans			—				—				—				—				—				—				—				—				—				—				—				—				—
Total			5,348,325				9,659,900				40,227				24,503				7,813				15,080,768				(41,208	)			(5,343	)			(2,894	)			(14,400	)			(3,692	)			(67,537	)			15,013,231

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Allowances:

Summary of changes in loans to banks allowances constituted by credit risk portfolio in the year:

		Changes<br> in allowances established by portfolio in the year
		Individual Evaluation
		Normal<br> Portfolio				Substandard<br> Portfolio				Non-performing<br> Portfolio				Total
		MCh$				MCh$				MCh$				MCh$
Loans<br> to Banks
Balance as of January 1, 2025			888				—				—				888
Allowances established/ released:
Change in measurement without<br> portfolio reclassification during the year			(64	)			—				—				(64	)
Change in measurement without<br> 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-performing individual			—				—				—				—
Transfer<br> from Substandard to Non-performing individual			—				—				—				—
Transfer<br> from Substandard to Normal individual			—				—				—				—
Transfer<br> from Non-performing individual to Substandard			—				—				—				—
Transfer<br> from Non-performing individual to Normal individual			—				—				—				—
New credits originated			1,807				—				—				1,807
New credits for conversion of<br> contingent to loan			—				—				—				—
New credits purchased			—				—				—				—
Sales or transfers of credits			—				—				—				—
Payment of credit			(2,653	)			—				—				(2,653	)
Provisions for write-offs			—				—				—				—
Recovery of written-off loans			—				—				—				—
Foreign exchange differences			(68	)			—				—				(68	)
Other changes in allowances			759				—				—				759
Balance as of December 31, 2025			669				—				—				669
		Changes<br> in allowances established by portfolio in the year
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Individual Evaluation
		Normal<br> Portfolio				Substandard<br> Portfolio				Non-performing<br> Portfolio				Total
		MCh$				MCh$				MCh$				MCh$
Loans<br> to Banks
Balance as of January 1, 2024			751				—				—				751
Allowances established/ released:
Change in measurement without<br> portfolio reclassification during the year			75				—				—				75
Change in measurement without<br> portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer from Normal individual<br> to Substandard			—				—				—				—
Transfer from Normal individual<br> to Non-performing individual			—				—				—				—
Transfer from Substandard to<br> Non-performing individual			—				—				—				—
Substandard up to individual<br> regular			—				—				—				—
Transfer from Non-performing<br> individual to Substandard			—				—				—				—
Transfer from Non-performing<br> individual to Normal individual			—				—				—				—
New credits originated			1,606				—				—				1,606
New credits for conversion of<br> contingent to loan			—				—				—				—
New credits purchased			—				—				—				—
Sales or transfers of credits			—				—				—				—
Payment of credit			(2,540	)			—				—				(2,540	)
Provisions for write-offs			—				—				—				—
Recovery of written-off loans			—				—				—				—
Foreign exchange differences			114				—				—				114
Other<br> changes in allowances			882				—				—				882
Balance as of December 31,<br> 2024			888				—				—				888

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Allowances,<br> continued:

Summary of changes in commercial loan allowances constituted by credit risk portfolio in the year:

****	****	Changes in allowances established by portfolio in the year																														****
****	****	Normal Portfolio						****	****	Substandard Portfolio		****	****	Non-performing Portfolio						****	****	****		****	****	Deductibleguarantees		****	****	****		****
****	****	Evaluation						****	****	Evaluation		****	****	Evaluation						****	****	****		****	****	Fogape		****	****	****		****
****	****	Individual		****	****	Group		****	****	Individual		****	****	Individual		****	****	Group		****	****	Sub total		****	****	Covid-19		****	****	Total		****
	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****
Commercial loans	****	****		****	****	****		****	****	****		****	****	****		****	****	****		****	****	****		****	****	****		****	****	****		****
Balance<br> as of January 1, 2025			158,335				37,200				4,448				86,715				90,436				377,134				3,161				380,295
Allowance<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year			(1,816	)			21,804				3,241				20,276				5,242				48,747				—				48,747
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			(3,266	)			—				6,327				—				—				3,061				—				3,061
Transfer<br> from Normal individual to Non-performing individual			(164	)			—				—				1,934				—				1,770				—				1,770
Transfer<br> from Substandard to Non-performing individual			—				—				(3,941	)			13,409				—				9,468				—				9,468
Transfer<br> from Substandard to Normal individual			408				—				(677	)			—				—				(269	)			—				(269	)
Transfer<br> from Non-performing individual to Substandard			—				—				16				(469	)			—				(453	)			—				(453	)
Transfer<br> from Non-performing individual to Normal individual			11				—				—				(149	)			—				(138	)			—				(138	)
Transfer<br> from Normal group to Non-performing group			—				(15,019	)			—				—				39,548				24,529				—				24,529
Transfer<br> from Non-performing group to Normal group			—				629				—				—				(9,650	)			(9,021	)			—				(9,021	)
Transfer<br>from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)			—				—				—				—				—				—				—				—
Transfer<br>from Group (normal, Non-performing) to Individual (normal, substandard, Non-performing)			979				(1,020	)			162				75				(144	)			52				—				52
New<br> credits originated			238,733				27,077				6,154				5,271				13,566				290,801				—				290,801
New<br> credits for conversion of contingent to loan			16,264				10,278				1,076				1,690				1,123				30,431				—				30,431
New<br> credits purchased			—				—				—				—				—				—				—				—
Sales<br> or transfers of credits			—				—				—				—				—				—				—				—
Payment<br> of credit			(260,129	)			(41,785	)			(9,566	)			(22,118	)			(26,068	)			(359,666	)			—				(359,666	)
Provisions<br> for write-offs			—				—				—				(13,218	)			(25,396	)			(38,614	)			—				(38,614	)
Recovery<br> of written-off loans			—				20				—				—				119				139				—				139
Changes<br> to models and assumptions			—				—				—				—				—				—				—				—
Foreign<br> exchange differences			(5,457	)			(135	)			(273	)			(1,504	)			(179	)			(7,548	)			—				(7,548	)
Other<br> changes in allowances			—				—				—				—				—				—				(1,689	)			(1,689	)
Balance<br> as of December 31, 2025			143,898				39,049				6,967				91,912				88,597				370,423				1,472				371,895

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Allowances,<br> continued:
		Changes<br> in allowances established by portfolio in the year
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal<br> Portfolio								Substandard<br> Portfolio				Non-performing<br> Portfolio												Deductible<br><br> guarantees
		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, 2024			148,685				36,590				9,317				74,645				87,837				357,074				9,131				366,205
Allowance<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year			12,273				23,728				2,975				30,966				9,947				79,889				—				79,889
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			(2,926	)			—				4,955				—				—				2,029				—				2,029
Transfer<br> from Normal individual to Non-performing individual			(311	)			—				—				2,348				—				2,037				—				2,037
Transfer<br> from Substandard to Non-performing individual			—				—				(6,562	)			17,295				—				10,733				—				10,733
Transfer<br> from Substandard to Normal individual			438				—				(676	)			—				—				(238	)			—				(238	)
Transfer<br> from Non-performing individual to Substandard			—				—				279				(2,159	)			—				(1,880	)			—				(1,880	)
Transfer<br> from Non-performing individual to Normal individual			5				—				—				(34	)			—				(29	)			—				(29	)
Transfer<br> from Normal group to Non-performing group			—				(16,109	)			—				—				43,775				27,666				—				27,666
Transfer<br> from Non-performing group to Normal group			—				646				—				—				(9,551	)			(8,905	)			—				(8,905	)
Transfer<br> from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)			—				—				—				—				—				—				—				—
Transfer<br> from Group (normal, non-performing) to Individual (normal, substandard, non-performing)			677				(958	)			343				223				(146	)			139				—				139
New<br> credits originated			225,544				24,756				5,359				19,371				16,253				291,283				—				291,283
New<br> credits for conversion of contingent to loan			13,527				9,197				1,178				2,067				1,090				27,059				—				27,059
New<br> credits purchased			—				—				—				—				—				—				—				—
Sales<br> or transfers of credits			(46	)			(163	)			—				(240	)			—				(449	)			—				(449	)
Payment<br> of credit			(247,038	)			(40,754	)			(12,902	)			(34,187	)			(30,359	)			(365,240	)			—				(365,240	)
Provisions<br> for write-offs			—				—				—				(25,666	)			(28,663	)			(54,329	)			—				(54,329	)
Recovery<br> of written-off loans			—				87				—				—				—				87				—				87
Changes<br> to models and assumptions			—				—				—				—				—				—				—				—
Foreign<br> exchange differences			7,507				180				182				2,086				253				10,208				—				10,208
Other<br> changes in allowances			—				—				—				—				—				—				(5,970	)			(5,970	)
Balance<br> as of December 31, 2024			158,335				37,200				4,448				86,715				90,436				377,134				3,161				380,295

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Allowances,<br> continued:

Summary of changes in residential allowances for mortgage loans established by credit risk portfolio in the year:

	Changes<br> in allowances established by portfolio in the year
	Group<br> Evaluation
	Normal<br> Portfolio			Non-performing<br> Portfolio			Total
	MCh$			MCh$			MCh$
Residential mortgage loans
Balance<br> as of January 1, 2025		15,859			22,541			38,400
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year		3,623			767			4,390
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-performing group		(4,418	)		10,190			5,772
Transfer<br> from Non-performing group to Normal group		535			(2,015	)		(1,480	)
New<br> credits originated		1,496			10			1,506
New<br> credits purchased		—			—			—
Sales<br> or transfers of credits		—			—			—
Payment<br> of credit		(965	)		(4,700	)		(5,665	)
Provisions<br> for write-offs		—			(812	)		(812	)
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, 2025		16,130			25,981			42,111

	Changes<br> in allowances established by portfolio in the year
	Group<br> Evaluation
	Normal<br> Portfolio			Non-performing<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 year		3,314			1,846			5,160
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-performing group		(4,346	)		9,780			5,434
Transfer<br> from Non-performing group to Normal group		442			(1,819	)		(1,377	)
New<br> credits originated		1,505			192			1,697
New<br> credits purchased		—			—			—
Sales<br> or transfers of credits		—			—			—
Payment<br> of credit		(1,244	)		(4,632	)		(5,876	)
Provisions<br> for write-offs		—			(644	)		(644	)
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, 2024		15,859			22,541			38,400

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(f)	Allowances,<br> continued:

Summary of changes in allowances for consumer loans established by credit risk portfolio in the year:

		Changes<br> in allowances established by portfolio in the year
		Group<br> Evaluation
		Normal<br> Portfolio				Non-performing<br> Portfolio				Total
		MCh$				MCh$				MCh$
Consumer loans
Balance<br> as of January 1, 2025			200,057				167,332				367,389
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year			189,896				49,430				239,326
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-performing group			(155,357	)			187,954				32,597
Transfer<br> from Non-performing group to Normal group			6,242				(38,151	)			(31,909	)
New<br> credits originated			89,298				89,118				178,416
New<br> credits for conversion of contingent to loan			168,066				1,658				169,724
New<br> credits purchased			—				—				—
Sales<br> or transfers of credits			—				—				—
Payment<br> of credit			(282,980	)			(92,752	)			(375,732	)
Provisions<br> for write-offs			—				(194,440	)			(194,440	)
Recovery<br> of written-off loans			1,160				—				1,160
Changes<br> to models and assumptions			43,987				(7,328	)			36,659
Foreign<br> exchange differences			(223	)			(2	)			(225	)
Other<br> changes in allowances			—				—				—
Balance<br> as of December 31, 2025			260,146				162,819				422,965
		Changes<br> in allowances established by portfolio in the year
---	---	---	---	---	---	---	---	---	---	---	---	---
		Group<br> Evaluation
		Normal<br> Portfolio				Non-performing<br> Portfolio				Total
		MCh$				MCh$				MCh$
Consumer loans
Balance<br> as of January 1, 2024			214,873				153,884				368,757
Allowances<br> established/ released:
Change<br> in measurement without portfolio reclassification during the year			169,484				78,923				248,407
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-performing group			(129,215	)			167,500				38,285
Transfer<br> from Non-performing group to Normal group			15,115				(38,102	)			(22,987	)
New<br> credits originated			92,911				78,148				171,059
New<br> credits for conversion of contingent to loan			79,922				2,539				82,461
New<br> credits purchased			—				—				—
Sales<br> or transfers of credits			—				—				—
Payment<br> of credit			(245,469	)			(65,987	)			(311,456	)
Provisions<br> for write-offs			—				(209,577	)			(209,577	)
Recovery<br> of written-off loans			2,310				—				2,310
Changes<br> to models and assumptions			—				—				—
Foreign<br> exchange differences			126				4				130
Other<br> changes in allowances			—				—				—
Balance<br> as of December 31, 2024			200,057				167,332				367,389

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

Summary of changes in provisions for contingent credit losses established by credit risk portfolio in the year:

		Changes<br> in provisions established by portfolio in the year
		Normal<br> Portfolio								Substandard<br> Portfolio				Non-performing<br> Portfolio
		Evaluation								Evaluation				Evaluation
		Individual				Group				Group				Individual				Group				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Contingentloan exposure
Balance<br> as of January 1, 2025			41,208				5,343				2,894				14,400				3,692				67,537
Provisions<br> established / released:
Change<br> in measurement without portfolio reclassification during the year			1,492				16,043				285				3,474				1,962				23,256
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			(272	)			—				599				—				—				327
Transfer<br> from Normal individual to Non-performing individual			(1	)			—				—				69				—				68
Transfer<br> from Substandard to Non-performing individual			—				—				(172	)			1,242				—				1,070
Transfer<br> from Substandard to Normal individual			173				—				(374	)			—				—				(201	)
Transfer<br> from Non-performing individual to Substandard			—				—				1				(53	)			—				(52	)
Transfer<br> from Non-performing individual to Normal individual			—				—				—				(36	)			—				(36	)
Transfer<br> from Normal group to Non-performing group			—				(301	)			—				—				3,427				3,126
Transfer<br> from Non-performing group to Normal group			—				17				—				—				(1,836	)			(1,819	)
Transfer<br> from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)			—				—				—				—				—				—
Transfer<br> from Group (normal, non-performing) to Individual (normal, substandard, non-performing)			67				(49	)			20				—				—				38
New<br> contingent loan granted			32,199				2,575				8,550				138				320				43,782
Contingent<br> credits for conversion			(2,036	)			(5,941	)			(23	)			(1,448	)			(1,508	)			(10,956	)
Changes<br> to models and assumptions			—				27,208				—				—				531				27,739
Foreign<br> exchange differences			(682	)			(1,021	)			(12	)			(20	)			(147	)			(1,882	)
Other<br> changes in allowances			(34,011	)			(10,574	)			(8,844	)			(11,270	)			(2,785	)			(67,484	)
Balance<br> as of December 31, 2025			38,137				33,300				2,924				6,496				3,656				84,513
		Changes<br> in provisions constituted by portfolio in the year
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal<br> Portfolio								Substandard<br> Portfolio				Non-performing<br> Portfolio
		Evaluation								Evaluation				Evaluation
		Individual				Group				Group				Individual				Group				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Contingent loan exposure
Balance<br> as of January 1, 2024			42,022				4,967				4,017				6,102				4,119				61,227
Provisions<br> established / released:
Change<br> in measurement without portfolio reclassification during the year			9,096				4,119				178				3,755				2,566				19,714
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			(173	)			—				279				—				—				106
Transfer<br> from Normal individual to Non-performing individual			(6	)			—				—				65				—				59
Transfer<br> from Substandard to Non-performing individual			—				—				(1,086	)			9,064				—				7,978
Transfer<br> from Substandard to Normal individual			65				—				(107	)			—				—				(42	)
Transfer<br> from Non-performing individual to Substandard			—				—				5				(74	)			—				(69	)
Transfer<br> from Non-performing individual to Normal individual			—				—				—				(9	)			—				(9	)
Transfer<br> from Normal group to Non-performing group			—				(125	)			—				—				3,303				3,178
Transfer<br> from Non-performing group to Normal group			—				3				—				—				(2,647	)			(2,644	)
Transfer<br> from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)			—				—				—				—				—				—
Transfer<br> from Group (normal, Non-performing) to Individual (normal, substandard, non-performing)			64				(48	)			5				4				(17	)			8
New<br> contingent loan granted			35,457				1,687				13,543				559				534				51,780
Contingent<br> credits for conversion			(1,382	)			(3,100	)			(135	)			(1,220	)			(1,436	)			(7,273	)
Changes<br> to models and assumptions			—				—				—				—				—				—
Foreign<br> exchange differences			971				226				13				27				190				1,427
Other<br> changes in allowances			(44,906	)			(2,386	)			(13,818	)			(3,873	)			(2,920	)			(67,903	)
Balance<br> as of December 31, 2024			41,208				5,343				2,894				14,400				3,692				67,537

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
g)	Economic<br> activity sector:
---	---

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

	Credit<br> and Contingent loans Exposure												Allowances<br> Established
	Domestic<br> loans				Foreign<br> loans				Total		Total		Domestic<br> loans						Foreign loans						Total			Total
	2025		2024		2025		2024		2025		2024		2025			2024			2025			2024			2025			2024
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Loans<br> to Banks		—		300,042		399,792		367,661		399,792		667,703		—			(154	)		(669	)		(734	)		(669	)		(888	)

Commercial<br> loans
Agriculture<br> and livestock		792,012		750,478		—		—		792,012		750,478		(14,497	)		(13,556	)		—			—			(14,497	)		(13,556	)
Fruit		659,003		729,645		—		—		659,003		729,645		(10,315	)		(11,755	)		—			—			(10,315	)		(11,755	)
Forestry		83,379		89,520		—		—		83,379		89,520		(6,035	)		(4,100	)		—			—			(6,035	)		(4,100	)
Fishing		31,154		29,364		—		—		31,154		29,364		(1,837	)		(2,890	)		—			—			(1,837	)		(2,890	)
Mining		245,015		864,692		—		—		245,015		864,692		(2,548	)		(4,781	)		—			—			(2,548	)		(4,781	)
Oil<br> and natural gas		111		211		—		—		111		211		(7	)		(8	)		—			—			(7	)		(8	)
Product<br> manufacturing industry:
Food,<br> beverages and tobacco		715,555		656,889		—		—		715,555		656,889		(10,827	)		(11,773	)		—			—			(10,827	)		(11,773	)
Textile,<br> leather and footwear		23,912		28,712		—		—		23,912		28,712		(597	)		(910	)		—			—			(597	)		(910	)
Wood<br> and furniture		83,497		89,196		—		—		83,497		89,196		(3,069	)		(2,479	)		—			—			(3,069	)		(2,479	)
Cellulose,<br> paper and printing		17,199		15,838		—		—		17,199		15,838		(671	)		(442	)		—			—			(671	)		(442	)
Chemicals<br> and petroleum derivatives		167,865		321,593		—		—		167,865		321,593		(6,228	)		(7,422	)		—			—			(6,228	)		(7,422	)
Metallic,<br> non-metallic, machinery and others		511,841		481,778		—		—		511,841		481,778		(10,139	)		(10,848	)		—			—			(10,139	)		(10,848	)
Electricity,<br> gas and water		238,995		241,941		1,366		104,988		240,361		346,929		(2,989	)		(3,078	)		(58	)		(149	)		(3,047	)		(3,227	)
Home<br> building		174,440		193,923		—		—		174,440		193,923		(5,100	)		(5,608	)		—			—			(5,100	)		(5,608	)
Non-residential<br> constructions (office, civil works)		493,346		481,437		—		—		493,346		481,437		(8,128	)		(10,462	)		—			—			(8,128	)		(10,462	)
Wholesale<br> trade		1,489,446		1,578,109		—		—		1,489,446		1,578,109		(45,131	)		(47,598	)		—			—			(45,131	)		(47,598	)
Retail<br> trade, restaurants and hotels		1,043,462		1,038,501		—		—		1,043,462		1,038,501		(42,420	)		(41,042	)		—			—			(42,420	)		(41,042	)
Transport<br> and storage		1,036,044		1,033,066		—		—		1,036,044		1,033,066		(31,049	)		(28,039	)		—			—			(31,049	)		(28,039	)
Telecommunications		198,462		213,992		—		—		198,462		213,992		(3,233	)		(3,015	)		—			—			(3,233	)		(3,015	)
Financial<br> services		2,806,363		2,994,709		36,163		—		2,842,526		2,994,709		(25,757	)		(27,470	)		(633	)		—			(26,390	)		(27,470	)
Business<br> services		2,274,095		1,965,847		—		—		2,274,095		1,965,847		(53,104	)		(53,499	)		—			—			(53,104	)		(53,499	)
Real<br> estate services		3,533,269		3,345,600		2,323		14,882		3,535,592		3,360,482		(20,968	)		(23,908	)		(5	)		(819	)		(20,973	)		(24,727	)
Student<br> loans		47,266		52,280		—		—		47,266		52,280		(4	)		(4,564	)		—			—			(4	)		(4,564	)
Public<br> administration, defense and police		26,103		16,882		—		—		26,103		16,882		(273	)		(207	)		—			—			(273	)		(207	)
Social<br> services and other community services		907,128		898,419		—		—		907,128		898,419		(18,986	)		(16,821	)		—			—			(18,986	)		(16,821	)
Personal<br> services		1,870,541		1,872,736		—		—		1,870,541		1,872,736		(47,287	)		(43,052	)		—			—			(47,287	)		(43,052	)
Subtotal		19,469,503		19,985,358		39,852		119,870		19,509,355		20,105,228		(371,199	)		(379,327	)		(696	)		(968	)		(371,895	)		(380,295	)

Residential<br> mortgage loans		13,916,618		13,218,586		—		—		13,916,618		13,218,586		(42,111	)		(38,400	)		—			—			(42,111	)		(38,400	)

Consumer<br> loans		5,765,997		5,551,306		—		—		5,765,997		5,551,306		(422,965	)		(367,389	)		—			—			(422,965	)		(367,389	)

Contingent<br> loan exposure		15,434,703		15,080,768		—		—		15,434,703		15,080,768		(84,513	)		(67,537	)		—			—			(84,513	)		(67,537	)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(h)	Residential<br> mortgage loans and their allowances established by outstanding loan principal owed to value<br> of mortgage collateral (PVG) and past due, respectively:

Asof December 31, 2025

	Residential<br> mortgage loans (MCh$)												Allowances<br> established of <br>Residential mortgage loans (MCh$)
Loan Tranche /	Days<br> in default at the end of the year												Days<br> in default at the end of the year
Guarantee Value (%)	0		1<br> to 29		30 to 59		60 to 89		>=<br> 90		Total		0			1 to 29			30 to 59			60 to 89			>=<br> 90			Total
PVG<br> <=40%		2,150,230		46,627		20,991		8,964		20,074		2,246,886		(1,715	)		(647	)		(597	)		(361	)		(1,090	)		(4,410	)
40% < PVG<br> <= 80%		9,949,544		264,207		116,564		54,478		185,737		10,570,530		(10,739	)		(4,196	)		(3,651	)		(2,269	)		(11,026	)		(31,881	)
80% < PVG<br> <= 90%		779,994		11,420		3,879		1,987		8,982		806,262		(1,702	)		(402	)		(281	)		(180	)		(1,456	)		(4,021	)
PVG<br> > 90%		289,177		544		994		288		1,937		292,940		(1,227	)		(50	)		(46	)		(31	)		(445	)		(1,799	)
Total		13,168,945		322,798		142,428		65,717		216,730		13,916,618		(15,383	)		(5,295	)		(4,575	)		(2,841	)		(14,017	)		(42,111	)

Asof December 31, 2024

	Residential<br> mortgage loans (MCh$)												Allowances<br> established of <br>Residential mortgage loans (MCh$)
Loan Tranche /	Days<br> in default at the end of the year												Days<br> in default at the end of the year
Guarantee Value (%)	0		1<br> to 29		30 to 59		60 to 89		>=<br> 90		Total		0			1 to 29			30 to 59			60 to 89			>=<br> 90			Total
PVG<br> <=40%		1,936,055		32,620		15,536		6,165		17,148		2,007,524		(1,404	)		(480	)		(427	)		(226	)		(964	)		(3,501	)
40% < PVG<br> <= 80%		9,566,995		232,095		106,604		46,471		147,162		10,099,327		(10,565	)		(4,022	)		(3,335	)		(1,893	)		(8,749	)		(28,564	)
80% < PVG<br> <= 90%		623,624		10,068		3,846		1,801		7,690		647,029		(1,650	)		(352	)		(309	)		(184	)		(1,279	)		(3,774	)
PVG<br> > 90%		457,769		1,442		442		591		4,462		464,706		(1,432	)		(62	)		(37	)		(51	)		(979	)		(2,561	)
Total		12,584,443		276,225		126,428		55,028		176,462		13,218,586		(15,051	)		(4,916	)		(4,108	)		(2,354	)		(11,971	)		(38,400	)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The concentration of loans to banks and commercial loans and their allowances established by classification category is as follows:

****	****	Individual Evaluation																																																																														****	****	Group Evaluation								****	****			****	****	Provisions of deductible guarantees		****
****	****	Normal Portfolio																										****	****	Substandard Portfolio																		****	****	Non-performing Portfolio																										****	****			****	****	Portfolio				****	****			****	****	****		****	****	Fogape		****
As of December 31, 2025	****	A1		****	****	A2		****	****	A3		****	****	A4		****	****	A5		****	****	A6		****	****	Subtotal		****	****	B1		****	****	B2		****	****	B3		****	****	B4		****	****	Subtotal		****	****	C1		****	****	C2		****	****	C3		****	****	C4		****	****	C5		****	****	C6		****	****	Subtotal		****	****	Total		****	****	Normal				****	****	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$		****
Loans<br> to Banks
Interbank<br> loans for liquidity			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Commercial<br> interbank loans			—				—				204,397				—				—				—				204,397				—				—				—				—				—				—				—				—				—				—				—				—				204,397				—		—				—				204,397				—
Overdrafts<br> on current accounts			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Chilean<br> exports foreign trade loans			21,658				121,875				51,862				—				—				—				195,395				—				—				—				—				—				—				—				—				—				—				—				—				195,395				—		—				—				195,395				—
Chilean<br> imports foreign trade loans			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Foreign<br> trade loans between third countries			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Deposits<br> in current accounts in foreign banks for derivative operations			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Other<br> non-transferable deposits in banks			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Other<br> loans with banks			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Subtotal			21,658				121,875				256,259				—				—				—				399,792				—				—				—				—				—				—				—				—				—				—				—				—				399,792				—		—				—				399,792				—
Allowances<br> established			8				101				560				—				—				—				669				—				—				—				—				—				—				—				—				—				—				—				—				669				—		—				—				669				—
%<br> Allowances established			0.04	%			0.08	%			0.22	%			—				—				—				0.17	%			—				—				—				—				—				—				—				—				—				—				—				—				0.17	%			—		—				—				0.17	%			—

Commercial<br> loans
Commercial<br> loans			—				1,153,508				1,728,748				1,785,471				3,797,965				1,954,865				10,420,557				80,779				53,741				30,679				10,101				175,300				81,076				39,461				18,204				25,097				9,558				41,478				214,874				10,810,731				3,864,529		354,171				4,218,700				15,029,431				1,337
Chilean<br> exports foreign trade loans			—				6,283				174,057				82,591				214,240				137,380				614,551				3,328				2,066				1,517				5,431				12,342				9,032				538				—				472				1,366				2,473				13,881				640,774				2,558		133				2,691				643,465				—
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports			—				—				—				—				—				273				273				—				—				—				—				—				—				—				—				—				—				—				—				273				—		—				—				273				—
Chilean<br> imports foreign trade loans			—				5,112				70,520				87,286				131,969				174,155				469,042				5,534				1,066				—				—				6,600				—				—				—				886				1,999				1,258				4,143				479,785				43,692		2,213				45,905				525,690				—
Foreign<br> trade loans between third countries			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—		—				—				—				—
Current<br> account debtors			—				6				10,302				14,009				34,429				24,460				83,206				3,529				1,301				291				287				5,408				580				141				32				131				89				1,681				2,654				91,268				89,653		2,413				92,066				183,334				—
Credit<br> card debtors			—				337				1,625				4,112				11,307				11,388				28,769				725				285				84				12				1,106				124				103				27				77				125				924				1,380				31,255				91,388		12,175				103,563				134,818				—
Factoring<br> transactions			—				332,348				155,891				41,115				146,837				118,188				794,379				3,352				549				—				—				3,901				—				20				—				—				—				98				118				798,398				35,559		11				35,570				833,968				—
Commercial<br> lease transactions			—				42,246				98,668				329,583				698,835				545,216				1,714,548				17,936				4,005				2,151				4,073				28,165				4,635				8,868				1,512				15,394				10,707				1,038				42,154				1,784,867				296,688		14,238				310,926				2,095,793				135
Student<br> loans			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				44,179		3,088				47,267				47,267				—
Other<br> loans and accounts receivable			—				744				1,680				1,303				2,503				2,177				8,407				73				45				2				6				126				225				10				81				381				788				3,422				4,907				13,440				728		1,148				1,876				15,316				—
Subtotal			—				1,540,584				2,241,491				2,345,470				5,038,085				2,968,102				14,133,732				115,256				63,058				34,724				19,910				232,948				95,672				49,141				19,856				42,438				24,632				52,372				284,111				14,650,791				4,468,974		389,590				4,858,564				19,509,355				—
Allowances<br> established			—				1,035				3,616				20,130				53,536				65,581				143,898				2,838				1,225				222				2,682				6,967				1,914				4,914				4,964				16,975				16,010				47,135				91,912				242,777				39,049		88,597				127,646				370,423				1,472
%<br> Allowances established			—				0.07	%			0.16	%			0.86	%			1.06	%			2.21	%			1.02	%			2.46	%			1.94	%			0.64	%			13.47	%			2.99	%			2.00	%			10.00	%			25.00	%			40.00	%			65.00	%			90.00	%			32.35	%			1.66	%			0.87	%	22.74	%			2.63	%			1.90	%			—

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(i)	Loans<br> to Banks and Commercial loans and their allowances established by classification category,<br> continued:
---	---
		Individual																																																																															Group Evaluation																	Provision<br> of
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		Normal Portfolio																												Substandard<br> Portfolio																				Non-Complying<br> Portfolio																																																deductible
As of December 31, 2024		A1				A2				A3				A4				A5				A6				Subtotal				B1				B2				B3				B4				Subtotal				C1				C2				C3				C4				C5				C6				Subtotal				Total				Portfolio<br><br> Normal				Portfolio<br><br> Non-<br><br> Complying				Total				Total				warranties<br><br> Fogape<br><br> 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 to Banks
Interbank<br> loans for liquidity			200,028				100,014				—				—				—				—				300,042				—				—				—				—				—				—				—				—				—				—				—				—				300,042				—				—				—				300,042				—
Commercial interbank<br> loans			—				—				269,191				—				—				—				269,191				—				—				—				—				—				—				—				—				—				—				—				—				269,191				—				—				—				269,191				—
Overdrafts on<br>current accounts			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Chilean<br> exports foreign trade loans			14,614				32,260				51,596				—				—				—				98,470				—				—				—				—				—				—				—				—				—				—				—				—				98,470				—				—				—				98,470				—
Chilean<br> imports foreign trade loans			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Foreign<br> trade loans between third countries			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Deposits in current<br>accounts in foreign banks for derivative operations			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Other<br> non-transferable deposits in banks			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Other loans with banks			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			214,642				132,274				320,787				—				—				—				667,703				—				—				—				—				—				—				—				—				—				—				—				—				667,703				—				—				—				667,703				—
Allowances<br> established			77				109				702				—				—				—				888				—				—				—				—				—				—				—				—				—				—				—				—				888				—				—				—				888				—
%<br> Allowances established			0.04	%			0.08	%			0.22	%			—				—				—				0.13	%			—				—				—				—				—				—				—				—				—				—				—				—				0.13	%			—				—				—				0.13	%			—

Commercial<br> loans
Commercial<br> loans			—				978,748				1,683,111				2,093,769				3,504,563				2,252,173				10,512,364				98,731				51,153				35,812				9,032				194,728				86,932				37,379				12,894				34,843				11,763				35,656				219,467				10,926,559				3,835,557				350,892				4,186,449				15,113,008				2,764
Chilean<br> exports foreign trade loans			—				563,237				298,742				198,222				209,936				158,691				1,428,828				4,414				2,594				—				—				7,008				8,494				—				—				334				—				1,645				10,473				1,446,309				3,006				395				3,401				1,449,710				—
Accrediting<br> foreign trade loans negotiated in terms of Chilean imports			—				—				—				—				—				162				162				—				—				—				—				—				—				—				—				—				—				—				—				162				—				—				—				162				—
Chilean<br> imports foreign trade loans			—				10,607				47,176				98,073				178,454				169,514				503,824				5,419				275				—				—				5,694				384				—				—				141				1,640				1,038				3,203				512,721				46,538				3,038				49,576				562,297				—
Foreign<br> trade loans between third countries			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Current<br> account debtors			—				12				24,388				31,693				19,000				22,329				97,422				3,033				1,124				923				189				5,269				513				86				1,061				593				151				1,647				4,051				106,742				87,836				2,241				90,077				196,819				—
Credit<br> card debtors			—				294				1,291				3,936				10,178				9,801				25,500				664				332				112				12				1,120				235				70				49				74				196				817				1,441				28,061				84,721				10,968				95,689				123,750				—
Factoring<br> transactions			2,081				159,861				108,439				29,667				163,282				92,436				555,766				4,041				73				—				—				4,114				—				—				—				—				—				27				27				559,907				36,830				175				37,005				596,912				—
Commercial<br> lease transactions			—				49,621				77,816				334,046				636,573				516,572				1,614,628				16,016				10,619				1,184				424				28,243				4,621				4,616				14,387				11,241				2,419				680				37,964				1,680,835				296,248				13,941				310,189				1,991,024				397
Student<br> loans			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				—				48,804				3,476				52,280				52,280				—
Other<br> loans and accounts receivable			—				479				1,649				1,352				2,651				2,633				8,764				66				51				4				—				121				237				12				181				347				786				6,578				8,141				17,026				965				1,275				2,240				19,266				—
Subtotal			2,081				1,762,859				2,242,612				2,790,758				4,724,637				3,224,311				14,747,258				132,384				66,221				38,035				9,657				246,297				101,416				42,163				28,572				47,573				16,955				48,088				284,767				15,278,322				4,440,505				386,401				4,826,906				20,105,228				—
Allowances<br> established			1				1,188				3,494				24,871				51,771				77,010				158,335				2,865				639				428				516				4,448				2,028				4,216				7,143				19,029				11,020				43,279				86,715				249,498				37,200				90,436				127,636				377,134				3,161
%<br> Allowances established			0.05	%			0.07	%			0.16	%			0.89	%			1.10	%			2.39	%			1.07	%			2.16	%			0.96	%			1.13	%			5.34	%			1.81	%			2.00	%			10.00	%			25.00	%			40.00	%			65.00	%			90.00	%			30.45	%			1.63	%			0.84	%			23.40	%			2.64	%			1.88	%			—

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

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

	Financial assets before allowances												Allowances<br> established
	Normal<br> Portfolio				Substandard Portfolio		Non-performing<br><br> Portfolio						Normal<br> Portfolio						Substandard Portfolio			Non-performing Portfolio									Deductible
	Evaluation				Evaluation		Evaluation						Evaluation						Evaluation			Evaluation									guarantees						Net
As of December 31, 2025	Individual		Group		Individual		Individual		Group		Sub<br><br> Total		Individual			Group			Individual			Individual			Group			Sub<br> <br><br> Total			Fogape Covid-19			Total			Financial<br><br> Assets
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Loans<br> to Banks
0<br> days		275,178		—		—		—		—		275,178		(572	)		—			—			—			—			(572	)		—			(572	)
1<br> to 29 days		124,614		—		—		—		—		124,614		(97	)		—			—			—			—			(97	)		—			(97	)
30<br> to 59 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
60<br> to 89 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
><br> = 90 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
Subtotal		399,792		—		—		—		—		399,792		(669	)		—			—			—			—			(669	)		—			(669	)		399,123

Commercial<br> loans
0<br> days		13,955,276		4,239,684		194,788		87,612		96,021		18,573,381		(141,443	)		(29,281	)		(6,044	)		(24,797	)		(18,010	)		(219,575	)		(1,464	)		(221,039	)
1<br> to 29 days		167,480		162,816		27,547		41,729		36,686		436,258		(2,223	)		(5,252	)		(617	)		(6,906	)		(6,386	)		(21,384	)		(2	)		(21,386	)
30<br> to 59 days		10,972		51,881		9,409		14,562		38,309		125,133		(232	)		(3,071	)		(211	)		(3,211	)		(6,560	)		(13,285	)		(3	)		(13,288	)
60<br> to 89 days		4		14,593		1,204		11,781		21,858		49,440		—			(1,445	)		(95	)		(1,734	)		(4,372	)		(7,646	)		—			(7,646	)
><br> = 90 days		—		—		—		128,427		196,716		325,143		—			—			—			(55,264	)		(53,269	)		(108,533	)		(3	)		(108,536	)
Subtotal		14,133,732		4,468,974		232,948		284,111		389,590		19,509,355		(143,898	)		(39,049	)		(6,967	)		(91,912	)		(88,597	)		(370,423	)		(1,472	)		(371,895	)		19,137,460

Residential<br> mortgage loans
0<br> days		—		13,093,896		—		—		75,049		13,168,945		—			(10,442	)		—			—			(4,941	)		(15,383	)		—			(15,383	)
1<br> to 29 days		—		282,937		—		—		39,861		322,798		—			(2,864	)		—			—			(2,431	)		(5,295	)		—			(5,295	)
30<br> to 59 days		—		99,433		—		—		42,995		142,428		—			(1,888	)		—			—			(2,687	)		(4,575	)		—			(4,575	)
60<br> to 89 days		—		33,881		—		—		31,836		65,717		—			(936	)		—			—			(1,905	)		(2,841	)		—			(2,841	)
><br> = 90 days		—		—		—		—		216,730		216,730		—			—			—			—			(14,017	)		(14,017	)		—			(14,017	)
Subtotal		—		13,510,147		—		—		406,471		13,916,618		—			(16,130	)		—			—			(25,981	)		(42,111	)		—			(42,111	)		13,874,507

Consumer<br> loans
0<br> days		—		5,181,589		—		—		81,810		5,263,399		—			(195,078	)		—			—			(44,061	)		(239,139	)		—			(239,139	)
1<br> to 29 days		—		197,891		—		—		31,921		229,812		—			(29,756	)		—			—			(17,575	)		(47,331	)		—			(47,331	)
30<br> to 59 days		—		64,450		—		—		39,232		103,682		—			(22,994	)		—			—			(21,719	)		(44,713	)		—			(44,713	)
60<br> a 89 days		—		26,202		—		—		26,112		52,314		—			(12,318	)		—			—			(14,494	)		(26,812	)		—			(26,812	)
><br> = 90 days		—		—		—		—		116,790		116,790		—			—			—			—			(64,970	)		(64,970	)		—			(64,970	)
Subtotal		—		5,470,132		—		—		295,865		5,765,997		—			(260,146	)		—			—			(162,819	)		(422,965	)		—			(422,965	)		5,343,032

Total<br> Loans		14,533,524		23,449,253		232,948		284,111		1,091,926		39,591,762		(144,567	)		(315,325	)		(6,967	)		(91,912	)		(277,397	)		(836,168	)		(1,472	)		(837,640	)		38,754,122

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:
(j)	Loans<br> and their allowances for loan losses by number of days past-due, continued:
---	---
		Financial<br> assets before allowances																								Allowances<br> established
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Normal								Substandard				Non-performing												Normal								Substandard				Non-performing												Deductible
		Portfolio								Portfolio				Portfolio												Portfolio								Portfolio				Portfolio												guarantees								Net
		Evaluation								Evaluation				Evaluation								Sub				Evaluation								Evaluation				Evaluation								Sub				Fogape								Financial
As<br> of December 31, 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> to Banks
0<br> days			596,974				—				—				—				—				596,974				(800	)			—				—				—				—				(800	)			—				(800	)
1<br> to 29 days			70,729				—				—				—				—				70,729				(88	)			—				—				—				—				(88	)			—				(88	)
30<br> to 59 days			—				—				—				—				—				—				—				—				—				—				—				—				—				—
60<br> to 89 days			—				—				—				—				—				—				—				—				—				—				—				—				—				—
> =<br> 90 days			—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			667,703				—				—				—				—				667,703				(888	)			—				—				—				—				(888	)			—				(888	)			666,815

Commercial<br> loans
0<br> days			14,515,547				4,237,304				212,286				145,211				103,514				19,213,862				(155,358	)			(28,184	)			(3,855	)			(35,615	)			(18,814	)			(241,826	)			(3,064	)			(244,890	)
1<br> to 29 days			218,097				147,190				22,083				18,360				36,055				441,785				(2,811	)			(4,691	)			(382	)			(3,257	)			(7,207	)			(18,348	)			(56	)			(18,404	)
30<br> to 59 days			13,549				43,058				9,856				22,310				34,271				123,044				(165	)			(2,900	)			(156	)			(11,012	)			(6,468	)			(20,701	)			—				(20,701	)
60<br> to 89 days			65				12,953				2,072				8,749				20,850				44,689				(1	)			(1,425	)			(55	)			(1,461	)			(4,362	)			(7,304	)			(2	)			(7,306	)
> =<br> 90 days			—				—				—				90,137				191,711				281,848				—				—				—				(35,370	)			(53,585	)			(88,955	)			(39	)			(88,994	)
Subtotal			14,747,258				4,440,505				246,297				284,767				386,401				20,105,228				(158,335	)			(37,200	)			(4,448	)			(86,715	)			(90,436	)			(377,134	)			(3,161	)			(380,295	)			19,724,933

Residential<br> mortgage loans
0<br> days			—				12,518,932				—				—				65,511				12,584,443				—				(10,523	)			—				—				(4,528	)			(15,051	)			—				(15,051	)
1<br> to 29 days			—				240,310				—				—				35,915				276,225				—				(2,661	)			—				—				(2,255	)			(4,916	)			—				(4,916	)
30<br> to 59 days			—				90,398				—				—				36,030				126,428				—				(1,843	)			—				—				(2,265	)			(4,108	)			—				(4,108	)
60<br> to 89 days			—				30,983				—				—				24,045				55,028				—				(832	)			—				—				(1,522	)			(2,354	)			—				(2,354	)
> =<br> 90 days			—				—				—				—				176,462				176,462				—				—				—				—				(11,971	)			(11,971	)			—				(11,971	)
Subtotal			—				12,880,623				—				—				337,963				13,218,586				—				(15,859	)			—				—				(22,541	)			(38,400	)			—				(38,400	)			13,180,186

Consumer<br> loans
0<br> days			—				5,010,755				—				—				92,973				5,103,728				—				(148,953	)			—				—				(47,823	)			(196,776	)			—				(196,776	)
1<br> to 29 days			—				176,897				—				—				34,243				211,140				—				(28,928	)			—				—				(19,033	)			(47,961	)			—				(47,961	)
30<br> to 59 days			—				53,655				—				—				36,266				89,921				—				(15,508	)			—				—				(23,119	)			(38,627	)			—				(38,627	)
60<br> a 89 days			—				17,656				—				—				25,993				43,649				—				(6,668	)			—				—				(15,490	)			(22,158	)			—				(22,158	)
> =<br> 90 days			—				—				—				—				102,868				102,868				—				—				—				—				(61,867	)			(61,867	)			—				(61,867	)
Subtotal			—				5,258,963				—				—				292,343				5,551,306				—				(200,057	)			—				—				(167,332	)			(367,389	)			—				(367,389	)			5,183,917

Total<br> Loans			15,414,961				22,580,091				246,297				284,767				1,016,707				39,542,823				(159,223	)			(253,116	)			(4,448	)			(86,715	)			(280,309	)			(783,811	)			(3,161	)			(786,972	)			38,755,851

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

13.	Financial assets at amortized cost, continued:

(k)	Finance<br> lease contracts:

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

		Total<br> receivable				Unearned<br> income						Net<br> lease receivable (*)
		2025		2024		2025			2024			2025		2024
		MCh$		MCh$		MCh$			MCh$			MCh$		MCh$

Due within one year			710,040		668,951		(103,108	)		(99,075	)		606,932		569,876
Due after 1 year but within 2<br> years			535,475		501,065		(75,325	)		(71,170	)		460,150		429,895
Due after 2 years but within<br> 3 years			352,493		343,985		(47,794	)		(45,055	)		304,699		298,930
Due after 3 years but within<br> 4 years			246,887		211,905		(31,701	)		(29,193	)		215,186		182,712
Due after 4 years but within<br> 5 years			152,099		165,414		(21,669	)		(20,517	)		130,430		144,897
Over 5<br> years			414,606		401,645		(47,937	)		(45,823	)		366,669		355,822
Total			2,411,600		2,292,965		(327,534	)		(310,833	)		2,084,066		1,982,132
(*)	The<br> net lease receivable does not include past-due portfolio totaling Ch$12,926 million as of<br> December 31, 2025 (Ch$9,212 million in December 2024).
---	---

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 15 years.

(l)	Purchase<br> of loan portfolio:

During the year ended as of December 31, 2025 and 2024 no portfolio purchases were made.

(m)	Sale<br> or transfer of loans:

During the year 2025 and 2024, the following sales or transfer of loans were made:

		2025
		Carrying<br> amount				Allowances				Sale<br> price				Effect<br> on income<br> (loss) gain
		MCh$				MCh$				MCh$				MCh$

Sale or transfer<br> of current loans			17,954				—				17,954				—
Sale or<br> transfer of written – off loans			—				—				—				—
Total			17,954				—				17,954				—
		2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Carrying<br> amount				Allowances				Sale<br> price				Effect<br> on income<br> (loss) gain
		MCh$				MCh$				MCh$				MCh$

Sale or transfer<br> of current loans			4,273				449				4,045				221
Sale or<br> transfer of written – off loans			—				—				18				18
Total			4,273				449				4,063				239
(n)	Securitization<br> of own assets:
---	---

During the year 2025 and 2024, there is no securitization transactions executed involving own assets.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

14.	Investments<br> in other companies:
(a)	At<br> the end of each year, investments are presented according to the following detail:
---	---
				%<br> Ownership Interest								Assets
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
Company		Shareholder		2025				2024				2025				2024
				%				%				MCh$				MCh$
Associates
Transbank<br> S.A.		Banco de Chile			26.16				26.16				44,601				38,660
Redbanc<br> S.A.		Banco de Chile			38.13				38.13				6,685				5,447
Centro<br> de Compensación Automatizado S.A.		Banco de Chile			33.33				33.33				6,296				6,784
Sociedad<br> Interbancaria de Depósitos de Valores S.A.		Banco de Chile			26.81				26.81				3,078				2,704
Administrador<br> Financiero de Transantiago S.A.		Banco de Chile			20.00				20.00				2,101				2,210
Servicios<br> de Infraestructura de Mercado OTC S.A.		Banco de Chile			12.33				12.33				1,861				1,902
Sociedad<br> Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.		Banco<br> de Chile			15.00				15.00				1,511				1,312
Subtotal<br> Associates													66,133				59,019

Joint<br> Venture
Servipag<br> Ltda.		Banco<br> de Chile			50.00				50.00				9,695				8,258
Subtotal<br> Joint Venture													9,695				8,258
Subtotal													75,828				67,277

Minority<br> Investments
Holding<br> Bursátil Regional S.A. ^(1)^		Banchile Corredores<br> de Bolsa											8,387				6,920
Banco<br> Latinoamericano de Comercio Exterior S.A. (Bladex) ^(1)^		Banco de Chile											2,386				2,103
Bolsa<br> Electrónica de Chile, Bolsa de Valores ^(1)^		Banchile Corredores<br> de Bolsa											349				349
Sociedad<br> de Telecomunicaciones Financieras Interbancarias Mundiales (Swift)		Banco de Chile											102				112
CCLV<br> Contraparte Central S.A.		Banchile<br> Corredores de Bolsa											8				8
Subtotal<br> Minority Investments													11,232				9,492
Total													87,060				76,769
(1)	Investments<br> in shares have been irrevocably designated as at fair value through other comprehensive income<br> and, therefore, are recorded at market value in accordance with IFRS 9.
---	---
(b)	The<br> change in investments in companies recorded under the equity method in 2025 and 2024 is detailed<br> as follows:
---	---
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$

Balance as of<br> January 1,			67,277				65,082
Acquisition of investments<br> in companies			—				—
Participation in net income			11,983				8,730
Dividends received			(3,374	)			(3,019	)
Reclassification to non-current<br> assets for sale			—				(1,572	)
Other			(58	)			(1,944	)
Total			75,828				67,277
(c)	During<br> the year ended December 31, 2025 and 2024, no impairment has been recorded in these investments.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

14.	Investments in other companies, continued:
(d)	Summarized<br> Financial Information of Associates and Joint Ventures
---	---
		Associates																												Joint<br> Venture
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
December 2025		Centro<br> de Compensación Automatizado S.A.				Sociedad<br> Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.				Sociedad<br> Interbancaria de Depósito de Valores S.A.				Redbanc<br><br> S.A.				Transbank<br> S.A.				Administrador<br> Financiero de Transantiago S.A.				Servicios<br> de Infraestructura de Mercado OTC S.A.				Servipag<br> Ltda.
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Current<br> assets			11,318				1,948				113				17,683				1,510,782				62,043				23,022				75,456
Non-current<br> assets			11,014				9,512				11,382				12,516				126,168				814				12,510				19,150
Total<br> Assets			22,332				11,460				11,495				30,199				1,636,950				62,857				35,532				94,606

Current<br> liabilities			3,816				1,599				608				12,896				1,437,807				51,445				19,976				69,469
Non-current<br> liabilities			229				259				—				108				29,243				1,659				536				5,748
Total<br> Liabilities			4,045				1,858				608				13,004				1,467,050				53,104				20,512				75,217
Equity			18,287				9,602				10,887				17,195				169,900				9,753				15,011				19,389
Minority<br> interest			—				—				—				—				—				—				9				—
Total<br> Liabilities and Equity			22,332				11,460				11,495				30,199				1,636,950				62,857				35,532				94,606

Operating<br> income			23,082				7,748				2				63,621				895,308				5,236				8,782				42,073
Operating<br> expenses			(15,635	)			(6,054	)			(54	)			(59,339	)			(725,117	)			(2,654	)			(9,302	)			(39,118	)
Other<br> income (expenses)			602				364				2,045				137				(142,240	)			696				741				839
Gain<br> before tax			8,049				2,058				1,993				4,419				27,951				3,278				221				3,794
Income<br> tax			(2,027	)			(477	)			—				(1,064	)			(5,853	)			(773	)			34				(920	)
Gain<br> for the year			6,022				1,581				1,993				3,355				22,098				2,505				255				2,874
		Associates																												Joint<br> Venture
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
December 2024		Centro<br> de Compensación Automatizado S.A.				Sociedad<br> Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.				Sociedad<br> Interbancaria de Depósito de Valores S.A.				Redbanc<br> S.A.				Transbank<br> S.A.				Administrador<br> Financiero de Transantiago S.A.				Servicios<br> de Infraestructura de Mercado OTC S.A.				Servipag<br> Ltda.
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Current<br> assets			13,958				1,737				60				15,347				1,814,213				58,605				11,562				101,289
Non-current<br> assets			9,462				8,223				10,036				14,062				161,533				887				11,538				21,034
Total<br> Assets			23,420				9,960				10,096				29,409				1,975,746				59,492				23,100				122,323

Current<br> liabilities			3,585				1,120				551				13,366				1,811,753				46,985				7,285				98,808
Non-current<br> liabilities			43				384				—				1,932				17,176				2,371				748				6,999
Total<br> Liabilities			3,628				1,504				551				15,298				1,828,929				49,356				8,033				105,807
Equity			19,792				8,456				9,545				14,111				146,817				10,136				15,058				16,516
Minority<br> interest			—				—				—				—				—				—				9				—
Total<br> Liabilities and Equity			23,420				9,960				10,096				29,409				1,975,746				59,492				23,100				122,323

Operating<br> income			21,282				6,651				9				60,139				888,114				5,023				8,979				44,161
Operating<br> expenses			(14,545	)			(5,843	)			(54	)			(58,167	)			(722,391	)			(2,541	)			(8,557	)			(40,929	)
Other<br> income (expenses)			741				390				1,848				234				(154,142	)			1,424				1,002				1,185
Gain<br> before tax			7,478				1,198				1,803				2,206				11,581				3,906				1,424				4,417
Income<br> tax			(1,853	)			(231	)			—				(467	)			(1,736	)			(855	)			(202	)			(1,066	)
Gain<br> for the year			5,625				967				1,803				1,739				9,845				3,051				1,222				3,351

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

15.	Intangible<br> Assets:
(a)	The<br> composition of intangible assets as of December 31, 2025 and 2024, are as follows:
---	---
		Average<br> <br> useful Life								Average<br> remaining amortization								Gross<br> balance								Accumulated<br> Amortization								Net<br> balance
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		2025				2024				2025				2024				2025				2024				2025				2024				2025				2024
		Years				Years				Years				Years				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Other<br> independently originated intangible assets			6				6				4				4				433,543				379,546				(258,965	)			(220,990	)			174,578				158,556
Total																			433,543				379,546				(258,965	)			(220,990	)			174,578				158,556
(b)	The<br> change in intangible assets during the year ended December 31, 2025 and 2024, are detailed<br> as follows:
---	---
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$
Gross<br> Balance
Balance as of January 1,			379,546				322,148
Acquisition			58,597				57,617
Disposals/ write-downs			(9,474	)			(219	)
Transfers			5,567				—
Impairment (*)			(693	)			—
Total			433,543				379,546

Accumulated<br> Amortization
Balance as of January 1,			(220,990	)			(184,944	)
Amortization for the year (**)			(41,453	)			(36,265	)
Disposals/ write-downs			8,304				219
Transfers			(5,055	)
Impairment (*)			229				—
Total			(258,965	)			(220,990	)

Balance<br> Net			174,578				158,556
(*)	See<br> Note 40 Impairment of non-financial assets.
---	---
(**)	See<br> Note 39 Depreciation and Amortization.
---	---
(c)	As<br> of December 31, 2025, the Bank maintains Ch$18,157 million (Ch$13,889 million as of December<br> 31, 2024) of assets associated with technological developments in progress.
---	---
(d)	As<br> of December 31, 2025 and 2024, there are no restrictions on the Bank’s intangible assets.<br> Also, there are no intangible assets held as collateral for the fulfillment of obligations.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

16.	Property<br> and equipment:
(a)	The<br> properties and equipment as of December 31, 2025 and 2024 are composed of the following:
---	---
		Average<br><br> useful Life								Average<br> remaining depreciation								Gross<br> balance								Accumulated<br> Depreciation								Net<br> balance
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		2025				2024				2025				2024				2025				2024				2025				2024				2025				2024
		Years				Years				Years				Years				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Type<br> of property and equipment:
Land<br> and Buildings			25				26				17				18				324,366				327,862				(175,899	)			(173,132	)			148,467				154,730
Equipment			5				5				3				3				259,367				261,142				(236,924	)			(236,146	)			22,443				24,996
Others			7				7				4				4				60,170				63,198				(51,666	)			(53,851	)			8,504				9,347
Total																			643,903				652,202				(464,489	)			(463,129	)			179,414				189,073
(b)	The<br> changes in properties and equipment as of December 31, 2025 and 2024, are as follows:
---	---
		December<br> 2025
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Land<br> and Buildings				Equipment				Others				Total
		MCh$				MCh$				MCh$				MCh$
Gross Balance
Balance as of January 1, 2025			327,862				261,142				63,198				652,202
Reclassification			1,222				309				(1,531	)			—
Additions			6,161				9,854				1,922				17,937
Write-downs and sales of the<br> year			(10,853	)			(6,138	)			(3,413	)			(20,404	)
Transfers			—				(5,567	)			—				(5,567	)
Impairment (**)			(26	)			(233	)			(6	)			(265	)
Total			324,366				259,367				60,170				643,903

Accumulated<br> Depreciation
Balance as of January 1, 2025			(173,132	)			(236,146	)			(53,851	)			(463,129	)
Reclassification			(1,150	)			(173	)			1,323				—
Depreciation of the year (*)			(9,807	)			(11,379	)			(2,458	)			(23,644	)
Write-downs and sales of the<br> year			8,190				5,719				3,320				17,229
Transfers			—				5,055				—				5,055
Total			(175,899	)			(236,924	)			(51,666	)			(464,489	)

Balance as of December 31,<br> 2025			148,467				22,443				8,504				179,414
		December<br> 2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Land<br> and Buildings				Equipment				Others				Total
		MCh$				MCh$				MCh$				MCh$
Gross Balance
Balance as of January 1, 2024			322,766				256,933				61,118				640,817
Additions			7,369				5,286				3,699				16,354
Write-downs and sales of the<br> year			(2,273	)			(1,075	)			(1,619	)			(4,967	)
Impairment () (*)			—				(2	)			—				(2	)
Total			327,862				261,142				63,198				652,202

Accumulated<br> Depreciation
Balance as of January 1, 2024			(165,286	)			(221,083	)			(52,791	)			(439,160	)
Depreciation of the year (*)			(9,725	)			(15,881	)			(2,566	)			(28,172	)
Write-downs<br> and sales of the year			1,879				818				1,506				4,203
Total			(173,132	)			(236,146	)			(53,851	)			(463,129	)

Balance as of December 31,<br> 2024			154,730				24,996				9,347				189,073
(*)	See<br> Note 39 Depreciation and Amortization.
---	---
(**)	See<br> Note 40 Impairment of non-financial assets.
---	---
(***)	Does<br> not include provision for write-off of Property and equipment of Ch$1,119 million as of December<br> 31, 2024.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

16.	Property and equipment, continued:
(c)	As<br> of December 31, 2025, the Bank records Ch$10,920 million (Ch$5,510 million as of December<br> 31, 2024) in assets under commissioning.
---	---
(d)	As<br> of December 31, 2025 and 2024, there are no restrictions on property and equipment of the<br> Bank and its subsidiaries. Furthermore, there are no property and equipment held as collateral<br> for the fulfillment of obligations.
---	---
17.	Right-of-use assets and Lease liabilities:
---	---

(a)	The<br> composition of the rights over leased assets as of December 31, 2025 and 2024, is as follows:
		Gross<br> <br> Balance								Accumulated<br> Depreciation								Net<br>Balance
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		2025				2024				2025				2024				2025				2024
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Categories
Buildings			111,839				126,655				(62,144	)			(63,657	)			49,695				62,998
Floor space for ATMs			41,026				36,080				(18,040	)			(9,307	)			22,986				26,773
Improvements<br> to leased properties			28,562				28,783				(21,998	)			(21,675	)			6,564				7,108
Total			181,427				191,518				(102,182	)			(94,639	)			79,245				96,879
(b)	The<br> changes of the rights over leased assets as of December 31, 2025 and 2024, is as follows:
---	---
		December<br> 2025
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Buildings				Floor<br> space<br><br> for ATMs				Improvements<br> to leased<br><br> property				Total
		MCh$				MCh$				MCh$				MCh$

Gross Balance
Balance as of<br> January 1, 2025			126,655				36,080				28,783				191,518
Additions			8,256				5,239				765				14,260
Write-downs			(22,850	)			(293	)			(986	)			(24,129	)
Remeasurement			(222	)			—				—				(222	)
Other<br> incremental			—				—				—				—
Total			111,839				41,026				28,562				181,427

Accumulated<br> Depreciation
Balance as of January 1, 2025			(63,657	)			(9,307	)			(21,675	)			(94,639	)
Depreciation of the year (*)			(19,581	)			(9,026	)			(1,049	)			(29,656	)
Write-downs			21,321				293				726				22,340
Other<br> incremental			(227	)			—				—				(227	)
Total			(62,144	)			(18,040	)			(21,998	)			(102,182	)

Balance<br> as of December 31, 2025			49,695				22,986				6,564				79,245
(*)	See<br> Note 39 Depreciation and Amortization.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

		December<br> 2024
		Buildings				Floor<br> space<br><br> for ATMs				Improvements<br> to leased<br><br> property				Total
		MCh$				MCh$				MCh$				MCh$

Gross Balance
Balance as of<br> January 1, 2024			145,849				33,060				30,426				209,335
Additions			13,892				4,385				872				19,149
Write-downs			(33,019	)			(1,197	)			(2,515	)			(36,731	)
Remeasurement			(67	)			(168	)			—				(235	)
Other<br> incremental			—				—				—				—
Total			126,655				36,080				28,783				191,518

Accumulated<br> Depreciation
Balance as of January 1, 2024			(75,361	)			(2,669	)			(22,416	)			(100,446	)
Depreciation of the year (*)			(20,939	)			(7,733	)			(1,135	)			(29,807	)
Write-downs			32,638				1,123				1,876				35,637
Other<br> incremental			5				(28	)			—				(23	)
Total			(63,657	)			(9,307	)			(21,675	)			(94,639	)

Balance<br> as of December 31, 2024			62,998				26,773				7,108				96,879
(*)	See<br> Note 39 Depreciation and Amortization.
---	---
(c)	Future<br> maturities (including unearned interest) of the lease liabilities as of December 31, 2025<br> and 2024 are detailed as follows:
---	---
		December<br> 2025
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		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 years and up to 5 years				Over<br> 5 years				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Lease associated to:
Buildings			—				1,551				3,099				10,731				19,628				10,676				7,399				53,084
ATMs			—				802				1,603				7,206				15,062				733				20				25,426
Total			—				2,353				4,702				17,937				34,690				11,409				7,419				78,510
		December<br> 2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		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 years and up to 5 years				Over<br> 5 years				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Lease associated to:
Buildings			—				1,692				3,374				14,158				23,675				14,245				10,657				67,801
ATMs			—				699				1,396				6,228				15,353				5,532				28				29,236
Total			—				2,391				4,770				20,386				39,028				19,777				10,685				97,037

NOTESTO THE 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 exercised shall be carried out. In such cases, the lease term used to measure the liability and assets corresponds to an estimate of future renewals.

(d)	The<br> changes of the obligations for lease liabilities and the flows for the years 2025 and 2024<br> are as follows:
		Total<br> cash flow<br> for the year
---	---	---	---	---
Lease liability		MCh$

Balances as of January 1, 2024			101,480
Liabilities for new lease agreements			14,648
Interest accrued expenses			2,381
Payments of capital and interests			(29,991	)
Remeasurement			(235	)
Derecognized contracts			(457	)
Readjustments			3,603
Balances as of December 31, 2024			91,429

Liabilities for new lease agreements			10,951
Interest accrued expenses			2,112
Payments of capital and interests			(30,897	)
Remeasurement			(222	)
Derecognized contracts			(1,568	)
Readjustments			2,538
Balances as of December<br> 31, 2025			74,343
(e)	The<br> future cash flows related to short-term lease agreements in effect as of December 31, 2025<br> correspond to Ch$5,071 million (Ch$3,557 million as of December 31, 2024).
---	---
(f)	As<br> of December 31, 2025, the minimum future rental income to be received from operating leases<br> amounts to Ch$19,926 million (Ch$14,101 million as of December 31, 2024).
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes:
(a)	Current<br> Taxes:
---	---

The Bank and its subsidiaries at the end of each year, 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 December 31, 2025 and 2024 according to the following detail:

		2025				2024
		MCh$				MCh$

Income tax			(325,028	)			(333,719	)
Tax Previous year			—				—
Less:
Monthly prepaid taxes			286,874				483,615
Credit for training expenses			1,920				1,820
Others			4,271				8,021
Total<br> tax (payable) receivable, net			(31,963	)			159,737

Income tax rate			27	%			27	%
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$

Current tax assets			1,846				159,869
Current<br> tax liabilities			(33,809	)			(132	)
Total<br> tax, net			(31,963	)			159,737
(b)	Income<br> Tax:
---	---

The effect of the tax expense during the years between January 1 and December 31, 2025 and 2024, is composed of the following:

	2025			2024
	MCh$			MCh$
Income tax expense:
Current year taxes		332,680			339,604
Tax from<br> previous year		(3,710	)		(5,343	)
Subtotal		328,970			334,261
(Credit) charge<br> for deferred taxes:
Origin<br> and reversal of temporary differences		(7,188	)		(16,678	)
Subtotal		(7,188	)		(16,678	)
Others		(861	)		822
Net charge<br> to income for income taxes		320,921			318,405

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes, continued:
(c)	Reconciliation<br> 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 December 31, 2025 and 2024:

		2025						2024
		Tax rate						Tax rate
		%			MCh$			%			MCh$

Income tax calculated on net income<br> before tax			27.00			408,559			27.00			411,965
Additions or deductions			(1.37	)		(20,660	)		(1.17	)		(17,924	)
Price-level restatement			(4.37	)		(66,182	)		(4.97	)		(75,802	)
Other			(0.05	)		(796	)		0.01			166
Effective rate and income<br> tax expense			21.21			320,921			20.87			318,405
(d)	Effect<br> of deferred taxes on income and equity:
---	---

The Bank and its subsidiaries have recorded the effects of deferred taxes in their Consolidated Financial Statements. Debit and credit differences as of December 31, 2025 are detailed as follows:

	Balances as of December 31,		Effect on					****	Balances as of December 31,
	2024		Income			Equity			2025
	MCh$		MCh$			MCh$			MCh$
Debit<br> Differences:
Allowances<br> for loan losses		384,945		(12,854	)		—			372,091
Personnel<br> provision		24,636		(3,201	)		—			21,435
Provision<br> disposal undrawn credit lines		3,237		7,663			—			10,900
Staff<br> vacations provisions		11,562		112			—			11,674
Accrued<br> interest adjustments from impaired loans		16,534		53			—			16,587
Staff<br> severance indemnities provision		1,004		(42	)		17			979
Provision<br> of credit cards expenses		10,968		(760	)		—			10,208
Provision<br> of accrued expenses		10,231		(1,100	)		—			9,131
Adjustment<br> for valuation of investments and equity instruments at fair value through other comprehensive income		475		—			(475	)		—
Leasing		110,943		15,181			—			126,124
Income<br> received in advance		4,114		(625	)		—			3,489
Property<br> and equipment valuation difference		6,800		2,788			—			9,588
Other<br> adjustments		23,483		5,417			—			28,900
Total<br> Debit Differences		608,932		12,632			(458	)		621,106

Credit<br> Differences:
Intangible		24,998		3,575			—			28,573
Adjustment<br> for valuation of investments and equity instruments at fair value through other comprehensive income		—		—			909			909
Transitory<br> assets		9,726		(119	)		—			9,607
Loans<br> accrued to effective rate		2,333		(122	)		—			2,211
Prepaid<br> expenses		6,400		(3,839	)		—			2,561
Exchange<br> rate difference		801		5,916			—			6,717
Activated<br> bond placement expense		4,895		16			—			4,911
Other<br> adjustments		3,116		17			—			3,133
Total<br> Credit Differences		52,269		5,444			909			58,622

Total<br> Debit (Credit), net		556,663		7,188			(1,367	)		562,484

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

Reconciliation to Statement of Financial Position:

	2025			2024
	MCh$			MCh$

Deferred tax assets		563,906			556,829
Deferred tax liabilities		(1,422	)		(166	)
Total deferred taxes		562,484			556,663

Debit and credit differences as of December 31, 2024 are detailed as follows:

	Balances as of December 31,		Effect<br> on						Balances as of December 31,
	2023		Income			Equity			2024
	MCh$		MCh$			MCh$			MCh$
Debit Differences:
Allowances for loan losses		372,267		12,678			—			384,945
Personnel provision		24,404		232			—			24,636
Provision disposal undrawn credit lines		3,183		54			—			3,237
Staff vacations provisions		12,025		(463	)		—			11,562
Accrued interest adjustments from impaired<br> loans		14,937		1,597			—			16,534
Staff severance indemnities provision		1,252		(217	)		(31	)		1,004
Provision of credit cards expenses		9,857		1,111			—			10,968
Provision of accrued expenses		10,737		(506	)		—			10,231
Adjustment<br> for valuation of investments and equity instruments at fair value through other comprehensive income		277		—			198			475
Leasing		103,352		7,591			—			110,943
Incomes received in advance		5,149		(1,035	)		—			4,114
Property and equipment valuation difference		2,876		3,924			—			6,800
Other adjustments		31,009		(7,526	)		—			23,483
Total Debit Differences		591,325		17,440			167			608,932

Credit Differences:
Intangible (software and others)		19,085		5,913			—			24,998
Adjustment for valuation of investments and<br> equity instruments at fair value through other comprehensive income		—		—			—			—
Transitory assets		8,874		852			—			9,726
Loans accrued to effective rate		2,484		(151	)		—			2,333
Prepaid expenses		10,885		(4,485	)		—			6,400
Exchange rate difference		1,636		(835	)		—			801
Activated bond placement expense		5,257		(362	)		—			4,895
Other adjustments		3,286		(170	)		—			3,116
Total<br> Credit Differences		51,507		762			—			52,269

Total<br> Debit(Credit), net		539,818		16,678			167			556,663

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

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

										Assets<br> at tax value
(e.1) Loans<br> to Banks and Loans to customers as of December 31, 2025		Book<br> value<br><br> assets (*)				Assets<br> <br><br> at tax value				Past-due<br><br> loans with<br><br> guarantees				Past-due<br><br> loans without<br><br> guarantees				Total<br><br> Past-due<br><br> loans
		MCh$				MCh$				MCh$				MCh$				MCh$

Loans to Banks			399,123				399,792				—				—				—
Commercial loans			16,245,986				16,638,563				52,050				99,694				151,744
Consumer loans			5,341,871				5,876,928				1,257				42,149				43,406
Residential mortgage<br> loans			13,874,507				13,929,216				17,187				1,943				19,130
Total			35,861,487				36,844,499				70,494				143,786				214,280
										Assets<br> at tax value
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
(e.1) Loans<br> to Banks and Loans to customers as of December 31, 2024		Book<br> value<br> assets (*)				Assets<br> <br> at tax value				Past-due<br><br> loans with<br> guarantees				Past-due<br><br> loans without<br> guarantees				Total Past-due loans
		MCh$				MCh$				MCh$				MCh$				MCh$

Loans to Banks			666,815				667,703				—				—				—
Commercial loans			17,209,033				17,619,880				48,979				94,025				143,004
Consumer loans			5,183,601				5,648,054				1,357				34,500				35,857
Residential mortgage loans			13,180,186				13,227,905				13,908				685				14,593
Total			36,239,635				37,163,542				64,244				129,210				193,454
(*)	In<br> accordance with the aforementioned Circular and the instructions from the SII, the value<br> of assets in the Financial Statements are presented on an stand-alone basis (only considering<br> Banco de Chile) net of allowance for loan losses and do not include lease and factoring operations.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

18.	Taxes, continued:
(e.2)<br> Allowances on past-due loans		Balance<br> <br><br> as of<br><br> January 1, <br><br> 2025				Write-offs<br> <br><br> against <br><br> provisions				Allowances<br> <br><br> established				Allowances<br> <br><br> released				Balance<br> <br><br> as of <br><br> December 31, <br><br> 2025
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		MCh$				MCh$				MCh$				MCh$				MCh$

Commercial loans			94,025				(52,371	)			108,970				(50,930	)			99,694
Consumer loans			34,500				(304,661	)			341,290				(28,979	)			42,150
Residential mortgage loans			685				(2,049	)			4,486				(1,178	)			1,944
Total			129,210				(359,081	)			454,746				(81,087	)			143,788
(e.2) Allowances<br> on past-due loans		Balanceas of January 1, 2024				Write-offs<br> <br> against<br> provisions				Allowances<br><br> established				Allowances released				Balance<br> <br> as of <br> December 31, <br> 2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		MCh$				MCh$				MCh$				MCh$				MCh$

Commercial loans			107,464				(93,816	)			123,192				(42,815	)			94,025
Consumer loans			37,532				(330,064	)			348,148				(21,116	)			34,500
Residential mortgage loans			586				(1,610	)			2,820				(1,111	)			685
Total			145,582				(425,490	)			474,160				(65,042	)			129,210
(e.3) Write-offs and recoveries		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$

Write-offs, Art. 31 No. 4 second<br> subparagraph			34,158				26,248
Write-offs resulting in allowances released			299				77
Recovery or renegotiation of written-off loans			1,773				1,306
(e.4) Application of Art. 31 No. 4 first & third subsections of the income tax law		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$

Write-offs in accordance with first<br> subparagraph			—				—
Write-offs in accordance with third subparagraph			299				77

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

19.	Other<br> Assets:

At the end of each year, this line item is composed of the following:

		2025			2024
		MCh$			MCh$

Cash collateral<br> provided for derivative financial transactions			463,266			347,788
Debtors from brokerage of<br> financial instruments			419,167			195,252
Accounts receivable from<br> the General Treasury of the Republic and other fiscal organizations			406,395			349,282
Accounts receivable from<br> third parties			170,185			195,364
Assets to be leased out<br> as lessor (*)			134,283			162,594
Prepaid expenses			39,416			53,645
Income from regular activities<br> from contracts with customers			22,350			24,006
Other provided cash collateral			11,836			14,806
Investment properties			11,049			11,406
Pending transactions			3,364			3,351
Accumulated impairment in<br> respect of other assets receivable			(2,638	)		(1,817	)
Other<br> Assets			17,358			17,864
Total			1,696,031			1,373,541
(*)	Correspond<br> to fixed assets to be delivered under the financial lease modality.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

20.	Non-current assets and disposal groups held for sale and Liabilities included in disposal groups for sale:
(a)	At<br> the end of each year, the item is composed as follows:
---	---
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$

Assets received in lieu of payment or awarded<br> at judicial sale (*)
Assets awarded in judicial auction			22,571				27,854
Assets received in lieu of payment			2,054				5,075
Provision for assets received in lieu of payment<br> or awarded			(35	)			(82	)

Non-current assets for sale
Investments in other companies			—				—
Assets for recovery of assets transferred in<br> financial leasing operations			1,013				603

Disposal<br> groups held for sale			—				—
Total			25,603				33,450
(*)	Assets<br> received in lieu of payment refer to assets accepted as payment for past-due or written-off<br> debts owed by customers. The assets acquired in this manner does not exceed 20% of the Bank’s<br> effective equity.
---	---
(b)	The<br> changes of the provision for assets received in lieu of payment during the year 2025 and<br> 2024 are as follows:
---	---
Provision<br> for assets received in lieu of payment		MCh$
---	---	---	---	---

Balance as of January 1, 2024			60
Provisions used			(1,890	)
Provisions established			1,912
Provisions<br> released			—
Balance as of December 31, 2024			82
Provisions used			(2,667	)
Provisions established			2,620
Provisions<br> released			—
Balance as of December 31, 2025			35
(c)	The<br> Bank does not present liabilities classified in the disposal group for sale during the years<br> December 31, 2025 and 2024.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The item detail is as follows:

		2025				2024
		MCh$				MCh$

Financial<br> derivative contracts			2,080,222				2,444,806
Others			512				990
Total			2,080,734				2,445,796
a)	As<br> of December 31, 2025 and 2024, the Bank maintains the following debt portfolio of derivative<br> instruments:
---	---
		Notional<br> amount of contract with final expiration date in
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Demand								Up<br> to 1 month								Over<br> 1 month <br> and up to<br> 3 months								Over<br> 3 months<br> and up to <br> 12 months								Over<br> 1 year<br> and up to<br> 3 years								Over<br> 3 years <br> and up to <br> 5 years								Over<br> 5 years								Total								Fair<br> value<br> Liabilities
		2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024				2025				2024
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Currency<br> forward			—				—				7,393,965				3,638,001				3,560,210				2,003,870				3,716,879				2,583,070				659,862				863,850				50,930				—				—				—				15,381,846				9,088,791				456,184				241,632
Interest<br> rate swap			—				—				3,093,258				619,104				2,016,845				1,627,918				7,398,940				4,583,573				7,351,083				7,622,130				4,073,662				3,963,087				3,779,852				3,921,627				27,713,640				22,337,439				414,907				650,580
Interest<br> rate swap and cross currency swap			—				—				151,577				96,844				369,984				198,892				1,700,333				2,331,613				3,071,039				2,909,482				2,631,798				1,978,681				3,375,877				2,879,356				11,300,608				10,394,868				1,206,802				1,547,488
Call<br> currency options			—				—				12,533				10,499				18,722				38,376				33,332				18,825				—				—				—				—				—				—				64,587				67,700				870				4,151
Put<br> currency options			—				—				5,783				4,761				7,611				46,913				21,870				64,449				—				11,340				—				—				—				—				35,264				127,463				1,459				955
Total			—				—				10,657,116				4,369,209				5,973,372				3,915,969				12,871,354				9,581,530				11,081,984				11,406,802				6,756,390				5,941,768				7,155,729				6,800,983				54,495,945				42,016,261				2,080,222				2,444,806
b)	Other<br> instruments or financial liabilities:
---	---
		2025				2024
---	---	---	---	---	---	---	---	---
		MCh$				MCh$

Current accounts and other demand deposits			—				—
Savings accounts and other time deposits			—				—
Debt instruments issued			—				—
Others			512				990
Total			512				990

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial<br> liabilities at amortized cost:

The item detail is as follows:

		2025		2024
		MCh$		MCh$

Current accounts and other demand<br> deposits			14,498,196		14,263,303
Time deposits and saving accounts			13,971,968		14,168,703
Obligations under repurchase agreements			286,915		109,794
Borrowings from financial institutions			1,296,751		1,103,468
Debt financial instruments issued			10,800,851		9,690,069
Other financial obligations			367,323		284,479
Total			41,222,004		39,619,816
(a)	Current<br> accounts and other demand deposits:
---	---

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

		2025		2024
		MCh$		MCh$

Current accounts			11,775,903		11,769,419
Other demand obligations			1,507,373		1,382,554
Demand deposits accounts			724,359		652,075
Other demand deposits			490,561		459,255
Total			14,498,196		14,263,303
(b)	Time<br> deposits and saving accounts:
---	---

At the end of each year, the composition of Time deposits and saving accounts is as follows:

	2025		2024
	MCh$		MCh$

Time deposits		13,546,479		13,764,830
Term savings accounts		405,689		374,593
Other term balances payable		19,800		29,280
Total		13,971,968		14,168,703

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financial liabilities at amortized cost, continued:
(c)	Obligations<br> under repurchase agreements:
---	---

The Bank obtains financing by selling financial instruments and agreeing to repurchase them in the future, plus interest at a prefixed rate. As of December 31, 2025 and 2024, the repurchase agreements are the following:

	2025		2024
	MCh$		MCh$
Transaction with domestic<br> banks		—		—
Transaction with foreign<br> banks		—		—
Transaction with other<br> domestic entities
Repurchase<br> agreements		286,915		109,794
Transaction with other<br> foreign entities		—		—

Total		286,915		109,794

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 December 31, 2025 amounts to Ch$284,572 million (Ch$109,505 million in December 2024). 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.

(d)	Borrowings<br> from Financial Institutions:

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

	2025		2024
	MCh$		MCh$
Foreign banks
Foreign trade financing
Bank of America, N.A.		238,925		124,057
HSBC Bank		208,465		245,469
JP Morgan Chase Bank, N.A.		168,329		—
Caixabank S.A.		147,091		201,802
Citibank N.A.		137,114		2,189
Zurcher Kantonalbank		108,803		90,386
The Bank of New York Mellon		85,533		240,008
Standard Chartered Bank (Hong Kong) Limited		63,261		—
Standard Chartered Bank		2,086		2,685
Commerzbank AG		839		1,417
Wells Fargo Bank		50		1,890
DZ Bank AG Deutsche		—		41,646
MUFG Bank, LTD		—		71

Borrowings and other obligations
Wells Fargo Bank, N.A.		136,255		150,775
Citibank N.A. United Kingdom		—		986
Deutsche Bank Trust<br> Company Americas		—		87
Subtotal foreign banks		1,296,751		1,103,468

Chilean<br> Central Bank (*)		—		—
Total		1,296,751		1,103,468

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

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

	2025		2024
	MCh$		MCh$

Mortgage finance bonds
Mortgage<br> finance bonds for housing		521		849
Mortgage finance bonds<br> for general purposes		—		1

Bonds
Senior Bonds		10,800,330		9,689,219
Mortgage<br> bonds		—		—
Total		10,800,851		9,690,069

During the year ended December 31, 2025 Banco de Chile has placed bonds for Ch$2,742,341 million, which corresponds to Short-Term Bonds and Long-Term Bonds for amounts of Ch$819,195 and Ch$1,923,146 million respectively, according to the following details:

Short-termBonds

**<br><br>Counterparty**			Annual<br><br> interest rate<br><br> %	Issued<br> <br>date	Maturity<br><br> date

Wells Fargo Bank	98,630		4.68	01/27/2025	05/02/2025
Wells Fargo Bank	98,630		4.65	01/27/2025	08/01/2025
Wells Fargo Bank	92,519		4.55	03/07/2025	04/07/2025
Wells Fargo Bank	9,252		4.45	03/07/2025	09/05/2025
Wells Fargo Bank	93,634		4.60	06/25/2025	10/01/2025
Wells Fargo Bank	93,062		4.55	06/26/2025	11/03/2025
Wells Fargo Bank	4,653		4.55	06/26/2025	07/31/2025
Wells Fargo Bank	96,646		4.45	08/05/2025	12/08/2025
Wells Fargo Bank	94,372		4.10	10/28/2025	02/06/2026
Wells Fargo Bank	46,310		4.20	11/26/2025	12/29/2025
Wells Fargo Bank	91,487		4.01	12/29/2025	04/02/2026
Total		819,195

All values are in US Dollars.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

22.	Financialliabilities at amortized cost, continued:
(e)	Debt<br> financial instruments issued, continued:
---	---

Long-TermBonds

Serie					Issued<br> <br>date	Maturity <br><br>date
BCHIFC0721	UF	22,830	5	2.97	03/17/2025	01/01/2030
BCHIFC0721	UF	11,422	5	2.97	03/20/2025	01/01/2030
BCHIFC0721	UF	40,001	5	2.97	03/21/2025	01/01/2030
BCHIFC0721	UF	30,548	5	2.96	04/01/2025	01/01/2030
BCHIFO0721	UF	34,577	7	2.92	04/03/2025	01/01/2032
BCHIFH1221	UF	33,047	6	2.84	04/15/2025	12/01/2030
BCHIGG1121	UF	38,413	10	3.03	04/17/2025	05/01/2035
BCHIHD0424	UF	81,115	10	3.03	04/17/2025	10/01/2034
BCHIFH1221	UF	11,679	6	2.92	05/07/2025	12/01/2030
BCHIGG1121	UF	5,712	10	3.03	05/09/2025	05/01/2035
BCHIHN1223	UF	12,517	15	3.06	05/09/2025	12/01/2039
BCHIFA0222	UF	22,900	3	2.77	05/30/2025	08/01/2028
BCHIFH1221	UF	9,575	6	3.06	05/30/2025	12/01/2030
BCHIFH1221	UF	13,407	6	3.06	06/02/2025	12/01/2030
BCHIFH1221	UF	9,581	6	3.05	06/02/2025	12/01/2030
BCHIFH1221	UF	8,667	6	3.04	06/03/2025	12/01/2030
BCHIFH1221	UF	4,145	6	3.04	06/06/2025	12/01/2030
BCHIFH1221	UF	25,567	6	3.04	06/10/2025	12/01/2030
BCHIFO0721	UF	19,306	7	3.06	06/10/2025	01/01/2032
BCHIGG1121	UF	23,174	10	3.15	07/03/2025	05/01/2035
BCHICI0815	UF	19,989	8	3.14	07/09/2025	02/01/2033
BCHICG0815	UF	49,639	7	3.14	07/10/2025	08/01/2032
BCHICH1215	UF	15,721	8	3.14	07/10/2025	12/01/2032
BCHICI0815	UF	5,996	8	3.14	07/10/2025	02/01/2033
BCHIHW1223	UF	65,578	19	3.21	07/15/2025	06/01/2044
BCHIGB0322	UF	8,589	9	3.18	07/17/2025	09/01/2034
BCHIGB0322	UF	9,557	9	3.16	07/18/2025	09/01/2034
BCHIGB0322	UF	5,747	9	3.13	07/21/2025	09/01/2034
BCHIGB0322	UF	19,187	9	3.11	07/22/2025	09/01/2034
BCHIGG1121	UF	5,718	10	3.11	07/22/2025	05/01/2035
BCHIHW1223	UF	18,489	19	3.19	07/22/2025	06/01/2044
BCHIGG1121	UF	3,870	10	2.99	08/22/2025	05/01/2035
BCHIHN1223	UF	22,894	15	3.06	08/27/2025	12/01/2039
BCHIGG1121	UF	15,519	10	3.01	09/04/2025	05/01/2035
BCHIHW1223	UF	8,374	19	3.12	09/04/2025	06/01/2044
BCHIGA1121	UF	38,815	9	3.05	09/05/2025	05/01/2034
BCHIGD0721	UF	153,769	10	3.09	09/05/2025	01/01/2035
BCHIHI1223	UF	206,194	12	3.13	09/05/2025	06/01/2037
BCHIGA1121	UF	31,211	9	2.99	09/11/2025	05/01/2034
BCHIGA1121	UF	1,951	9	2.99	09/15/2025	05/01/2034
BCHIHW1223	UF	23,076	19	3.12	09/15/2025	06/01/2044
BCHIHN1223	UF	41,978	14	3.03	09/16/2025	12/01/2039
BCHIFU0522	UF	64,527	7	2.91	09/17/2025	11/01/2032
BCHIGA1121	UF	21,475	9	2.99	09/17/2025	05/01/2034
BCHIFU0522	UF	31,288	7	2.91	09/22/2025	11/01/2032
BCHIGA1121	UF	5,862	9	2.98	09/22/2025	05/01/2034
BCHIHH1223	UF	87,021	11	3.08	09/22/2025	12/01/2036
BCHIHH1223	UF	66,367	11	3.07	09/23/2025	12/01/2036
BCHIFU0522	UF	5,873	7	2.90	09/25/2025	11/01/2032
BCHIGA1121	UF	25,525	9	2.99	10/28/2025	05/01/2034
BCHIHW1223	UF	6,410	19	3.03	10/28/2025	06/01/2044
BCHIHW1223	UF	12,850	19	3.02	10/30/2025	06/01/2044
BCHIFU0522	UF	15,573	7	2.89	11/06/2025	11/01/2032
Subtotal UF		1,572,815

NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTS, continued

22.	Financialliabilities at amortized cost, continued:
(e)	Debt<br> financial instruments issued, continued:
---	---

Long-TermBonds

Serie	Currency	Amount <br><br>MCh$		Annual <br><br>interest rate %		Issued<br> <br>date
BONO CHF	CHF	115,739	6	1.1875	06/17/2025	07/15/2031
BONO JPY		65,260	5	1.635	06/18/2025	06/27/2030
BONO MXN	MXN	50,998	5	TIIE (28 days) + 1.05	07/09/2025	07/17/2030
BONO AUD	AUD	43,101	10	BBSW3M +1.28	10/22/2025	10/30/2035
BONO HKD	HKD	75,233	7	3.735	10/30/2025	11/12/2032
Subtotal other currencies			350,331
Total			1,923,146

All values are in Japanese Yen.

During the year ended December 31, 2024, Banco de Chile has placed bonds of Ch$1,012,638 million, which corresponds to Short-Term Bonds and Long-Term Bonds of Ch$28,049 million and Ch$984,589 million respectively, according to the following details:

Short-termBonds

**<br><br>Counterparty**	Currency		Amount<br><br> MCh$		Annual <br><br>interest rate %	Issued<br> <br>date	Maturity<br><br> date
Wells Fargo Bank			28,049	5.46	05-07-2024	08-07-2024
Total				28,049

All values are in US Dollars.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financialliabilities at amortized cost, continued:
(e)	Debt<br> financial instruments issued, continued:
---	---

Long-TermBonds

Serie			Terms<br> <br>Years	Annual<br><br> interest rate %	Issued<br> <br>date	Maturity date
BCHIEZ1121	UF	107,462	4	3.72	01-15-2024	05-01-2028
BCHIEZ1121	UF	31,197	4	3.72	01-16-2024	05-01-2028
BCHICE1215	UF	21,998	7	3.20	01-31-2024	12-01-2031
BCHICH1215	UF	7,350	8	3.15	02-08-2024	12-01-2032
BCHIFA0222	UF	32,349	4	3.25	03-15-2024	08-01-2028
BCHIFA0222	UF	19,518	4	3.32	03-21-2024	08-01-2028
BCHIEY1021	UF	12,474	4	3.29	03-22-2024	04-01-2028
BCHIFA0222	UF	14,228	4	3.29	03-25-2024	08-01-2028
BCHIGG1121	UF	12,345	11	3.35	03-26-2024	05-01-2035
BCHIFA0222	UF	3,566	4	3.24	03-27-2024	08-01-2028
BCHIEY1021	UF	17,696	4	3.28	04-04-2024	04-01-2028
BCHIEX0122	UF	9,231	1	3.10	04-12-2024	07-01-2025
BCHIEX0122	UF	14,793	1	3.02	04-17-2024	07-01-2025
BCHIHX1223	UF	32,225	20	3.49	05-08-2024	12-01-2044
BCHIHX1223	UF	11,376	20	3.49	05-09-2024	12-01-2044
BCHIHX1223	UF	5,727	20	3.46	05-17-2024	12-01-2044
BCHIHX1223	UF	15,283	20	3.46	05-22-2024	12-01-2044
BCHIHX1223	UF	37,202	20	3.55	06-04-2024	12-01-2044
BCHIFO0721	UF	3,575	8	3.48	06-06-2024	01-01-2032
BCHIEY1021	UF	3,606	4	3.20	06-10-2024	04-01-2028
BCHIGG1121	UF	8,366	11	3.53	06-11-2024	05-01-2035
BCHIFB1021	UF	21,220	5	3.35	06-12-2024	04-01-2029
BCHIEY1021	UF	12,648	4	3.29	07-09-2024	04-01-2028
BCHIFB1021	UF	39,504	5	3.50	07-09-2024	04-01-2029
BCHIFB1021	UF	1,796	5	3.49	07-09-2024	04-01-2029
BCHIFB1021	UF	5,399	5	3.45	07-10-2024	04-01-2029
BCHIFC0721	UF	37,442	6	3.47	07-11-2024	01-01-2030
BCHIFC0721	UF	7,147	6	3.43	07-12-2024	01-01-2030
BCHIHX1223	UF	7,550	20	3.50	07-18-2024	12-01-2044
BCHIFB1021	UF	25,454	5	3.23	07-23-2024	04-01-2029
BCHIFA0222	UF	18,404	4	3.04	07-24-2024	08-01-2028
BCHIFO0721	UF	19,198	8	2.50	09-27-2024	01-01-2032
BCHIHX1223	UF	94,840	20	2.36	09-30-2024	12-01-2044
BCHIHP1223	UF	220,035	16	2.37	10-01-2024	12-01-2040
Subtotal		932,204
BONO HKD	HKD	52,385	10	4.22	02-02-2024	02-09-2034
Subtotal other currencies		52,385
Total		984,589

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

22.	Financialliabilities at amortized cost, continued:

As of December 31, 2025 and 2024, 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.

(f)	Other<br> Financial Obligations:

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

	2025		2024
	MCh$		MCh$
Other Chilean financial obligations		367,323		284,479
Other financial obligations with the Public sector		—		—
Total		367,323		284,479
23.	Regulatory<br>capital financial instruments:
---	---
a)	At<br> the end of each year, this item is composed as follows:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Subordinated bonds
Subordinated bonds with transitory recognition		—		—
Subordinated bonds		1,087,093		1,068,879
Bonds with no fixed term of maturity		—		—
Preferred stock		—		—
Total		1,087,093		1,068,879
b)	Issuances<br> of regulatory capital financial instruments in the year:
---	---

As of December 31, 2025 and 2024, no issues of regulatory capital financial instruments have been made.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

23.	Regulatorycapital financial instruments, continued:
c)	Changes<br> in regulatory capital financial instruments:
---	---
	Subordinated<br> bonds			Bonds with<br> no maturity		Preferred<br> shares
---	---	---	---	---	---	---	---
	MCh$			MCh$		MCh$
Balance as of January 1, 2024		1,039,814			—		—
Emissions made		—			—		—
Transaction costs		—			—		—
Transaction costs amortization		—			—		—
Accrued interest		34,551			—		—
Acquisition or redemption by the issuer		—			—		—
Modification of the issuance conditions		—			—		—
Interest and UF indexation payments to the holder		(41,432	)		—		—
Principal payments to the holder		(9,205	)		—		—
Accrued UF indexation		45,151			—		—
Exchange rate differences		—			—		—
Depreciation		—			—		—
Reappraisal		—			—		—
Expiration		—			—		—
Conversion to common shares		—			—		—
Balance as of December 31, 2024		1,068,879			—		—
Balance as of January 1, 2025		1,068,879			—		—
Emissions made		—			—		—
Transaction costs		—			—		—
Transaction costs amortization		—			—		—
Accrued interest		35,283			—		—
Acquisition or redemption by the issuer		—			—		—
Modification of the issuance conditions		—			—		—
Interest and UF indexation payments to the holder		(43,392	)		—		—
Principal payments to the holder		(9,552	)		—		—
Accrued UF indexation		35,875			—		—
Exchange rate differences		—			—		—
Depreciation		—			—		—
Reappraisal		—			—		—
Expiration		—			—		—
Conversion to common shares		—			—		—
Balance as of December 31, 2025		1,087,093			—		—

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

23.	Regulatorycapital financial instruments, continued:
d)	Below<br> is the detail of the subordinated bonds due as of December 31, 2025 and December 31, 2024:
---	---
December 2025
---	---	---	---	---	---	---	---	---	---
Serie	Currency	Issuance <br><br>currency<br><br> amount		Interest<br><br> rate<br> %		Registration date	Maturity date	Balance due<br> MCh$
C1	UF		300,000		7.5	12/06/1999	01/01/2030		4,167
C1	UF		200,000		7.4	12/06/1999	01/01/2030		2,780
C1	UF		530,000		7.1	12/06/1999	01/01/2030		7,404
C1	UF		300,000		7.1	12/06/1999	01/01/2030		4,193
C1	UF		50,000		6.5	12/06/1999	01/01/2030		706
C1	UF		450,000		6.6	12/06/1999	01/01/2030		6,350
D1	UF		2,000,000		3.6	06/20/2002	04/01/2026		3,626
F	UF		1,000,000		5.0	11/28/2008	11/01/2033		38,760
F	UF		1,500,000		5.0	11/28/2008	11/01/2033		58,140
F	UF		759,000		4.5	11/28/2008	11/01/2033		30,367
F	UF		241,000		4.5	11/28/2008	11/01/2033		9,642
F	UF		4,130,000		4.2	11/28/2008	11/01/2033		167,899
F	UF		1,000,000		4.3	11/28/2008	11/01/2033		40,653
F	UF		70,000		4.2	11/28/2008	11/01/2033		2,853
F	UF		4,000,000		3.9	11/28/2008	11/01/2033		166,840
F	UF		2,300,000		3.8	11/28/2008	11/01/2033		96,242
G	UF		600,000		4.0	11/29/2011	11/01/2036		23,505
G	UF		50,000		4.0	11/29/2011	11/01/2036		1,959
G	UF		80,000		3.9	11/29/2011	11/01/2036		3,153
G	UF		450,000		3.9	11/29/2011	11/01/2036		17,751
G	UF		160,000		3.9	11/29/2011	11/01/2036		6,311
G	UF		1,000,000		2.7	11/29/2011	11/01/2036		43,916
G	UF		300,000		2.7	11/29/2011	11/01/2036		13,175
G	UF		1,360,000		2.6	11/29/2011	11/01/2036		59,884
J	UF		1,400,000		1.0	11/29/2011	11/01/2042		79,235
J	UF		1,500,000		1.0	11/29/2011	11/01/2042		85,004
J	UF		1,100,000		1.0	11/29/2011	11/01/2042		62,751
I	UF		900,000		1.0	11/29/2011	11/01/2040		49,827
						Total subordinated bonds due			1,087,093

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

23.	Regulatorycapital financial instruments, continued:

December 2024
Serie	Currency	Issuance <br> currency<br> amount		Interest<br> rate<br> %		Registration date	Maturity date	Balance due<br> MCh$
C1	UF		300,000		7.5	12/06/1999	01/01/2030		4,761
C1	UF		200,000		7.4	12/06/1999	01/01/2030		3,178
C1	UF		530,000		7.1	12/06/1999	01/01/2030		8,472
C1	UF		300,000		7.1	12/06/1999	01/01/2030		4,797
C1	UF		50,000		6.5	12/06/1999	01/01/2030		809
C1	UF		450,000		6.6	12/06/1999	01/01/2030		7,283
D1	UF		2,000,000		3.6	06/20/2002	04/01/2026		10,335
F	UF		1,000,000		5.0	11/28/2008	11/01/2033		37,358
F	UF		1,500,000		5.0	11/28/2008	11/01/2033		56,037
F	UF		759,000		4.5	11/28/2008	11/01/2033		29,365
F	UF		241,000		4.5	11/28/2008	11/01/2033		9,324
F	UF		4,130,000		4.2	11/28/2008	11/01/2033		162,631
F	UF		1,000,000		4.3	11/28/2008	11/01/2033		39,377
F	UF		70,000		4.2	11/28/2008	11/01/2033		2,764
F	UF		4,000,000		3.9	11/28/2008	11/01/2033		162,042
F	UF		2,300,000		3.8	11/28/2008	11/01/2033		93,507
G	UF		600,000		4.0	11/29/2011	11/01/2036		22,697
G	UF		50,000		4.0	11/29/2011	11/01/2036		1,891
G	UF		80,000		3.9	11/29/2011	11/01/2036		3,046
G	UF		450,000		3.9	11/29/2011	11/01/2036		17,149
G	UF		160,000		3.9	11/29/2011	11/01/2036		6,097
G	UF		1,000,000		2.7	11/29/2011	11/01/2036		42,768
G	UF		300,000		2.7	11/29/2011	11/01/2036		12,831
G	UF		1,360,000		2.6	11/29/2011	11/01/2036		58,330
J	UF		1,400,000		1.0	11/29/2011	11/01/2042		77,836
J	UF		1,500,000		1.0	11/29/2011	11/01/2042		83,509
J	UF		1,100,000		1.0	11/29/2011	11/01/2042		61,667
I	UF		900,000		1.0	11/29/2011	11/01/2040		49,018
						Total subordinated bonds due			1,068,879
24.	Provisions<br>for contingencies:
---	---
(a)	At<br> the end of each year, this item is composed as following:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Provisions for employee benefit obligations		140,153		151,633
Provisions for obligations of customer loyalty and merit programs		37,806		40,621
Provisions for lawsuits and litigation		2,037		1,592
Provisions for operational risk		552		907
Provisions of a foreign bank branch for profit remittances to its parent company		—		—
Provisions for restructuring plans		—		—
Other provisions for contingencies		—		—
Total		180,548		194,753

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisionsfor contingencies, continued;
(b)	The<br> following table shows the changes in provisions during the year 2025 and 2024:
---	---
	Provisions for<br><br> employee benefit<br><br> obligations			Provisions of a <br><br>foreign bank<br><br> branch for profit<br><br> remittances to its parent<br><br> company		Provisions for<br><br> restructuring plans		Provisions for <br><br>lawsuits and litigation			Provisions for<br><br> obligations of customer<br><br> loyalty and merit<br><br> programs			Provisions for<br><br> operational risk			Other provisions for<br><br> contingencies			Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$			MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$
Balances as of January 1, 2024		154,132			—		—		1,173			36,242			341			264			192,152
Provisions established		118,002			—		—		1,038			4,379			836			—			124,255
Provisions used		(120,501	)		—		—		(482	)		—			(157	)		—			(121,140	)
Provisions released		—			—		—		(137	)		—			(113	)		(264	)		(514	)
Balances as of December 31, 2024		151,633			—		—		1,592			40,621			907			—			194,753
Provisions established		108,309			—		—		657			—			426			—			109,392
Provisions used		(119,789	)		—		—		(108	)		—			(695	)		—			(120,592	)
Provisions released		—			—		—		(104	)		(2,815	)		(86	)		—			(3,005	)
Balances as of December 31, 2025		140,153			—		—		2,037			37,806			552			—			180,548
(c)	Provisions<br> for employee benefit obligations:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Provision of short-term employee benefits		131,763		143,305
Provision of benefits to employees for contract termination		8,390		8,328
Provision of benefits to post-employment employees		—		—
Provision of long-term employee benefits		—		—
Provision of share-based employee benefits		—		—
Provision for obligations for defined contribution post-employment plans		—		—
Provision for obligations for post-employment defined benefit plans		—		—
Provision for other employee obligations		—		—
Total		140,153		151,633

NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisionsfor contingencies, continued;
(d)	Provision<br> of short-term employee benefits:
---	---
(i)	Compliance<br> bonuses provision:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Balances as of January 1		68,356			71,102
Net provisions established		53,873			54,087
Provisions used		(54,877	)		(56,833	)
Total		67,352			68,356
(ii)	Vacation<br> provision:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Balances as of January 1		42,824			43,257
Net provisions established		8,322			8,433
Provisions used		(7,908	)		(8,866	)
Total		43,238			42,824
(iii)	Provision<br> of other benefits to personnel:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Balances as of January 1		32,125			30,096
Net provisions established		45,583			54,571
Provisions used		(56,535	)		(52,542	)
Total		21,173			32,125
(e)	Provision<br> for benefits to employees for contract termination:
---	---
(i)	Changes<br> of the provision for employee benefits due to the termination of the employment contract:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Present value of the obligations at the beginning of the year		8,328			9,677
Increase in provision		469			586
Benefit paid		(469	)		(1,820	)
Effect of change in actuarial factors		62			(115	)
Total		8,390			8,328

NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS, continued

24.	Provisionsfor contingencies, continued;
(e)	Provision<br> of benefits to employees for contract termination, continued:
---	---
(ii)	Net<br> benefits expenses:
---	---
	2025		2024
---	---	---	---	---	---
	MCh$		MCh$
Increase (decrease) in provisions		21		137
Interest cost of benefits obligations		448		449
Effect of change in actuarial factors		62		(115	)
Net benefit expenses		531		471
(iii)	Factors<br> 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:

	December 31,<br> <br>2025
	%		%
Discount rate		5.71	5.71
Salary increase rate		5.50	4.50
Payment probability		99.99	99.99

The most recent actuarial valuation of the staff severance indemnities provision was carried out during the first quarter of 2025.

(f)	Share-based<br> compensation programs:

As of December 31, 2025 and December 31, 2024, the Bank and its subsidiaries do not have a share-based compensation plan.

NOTES TO THE CONSOLIDATED FINANCIALSTATEMENTS, continued

25.	Provision for dividends:
(a)	The<br> detail of this line item is as follows:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Provisions for dividends		605,955		597,228
Provisions for payment of interest on bonds with no fixed maturity term		—		—
Provision for reappreciation of bonds without a fixed term of maturity		—		—
Total		605,955		597,228
(b)	Changes<br> at the end of each year are detailed as follows:
---	---
	Provisions for<br><br> dividends			Provisions for <br><br>payment of<br><br> interest on <br><br>bonds with no <br><br>fixed maturity term		Provision for<br> reappreciation<br> of<br> bonds without <br> a fixed term of <br><br>maturity		Total
---	---	---	---	---	---	---	---	---	---	---
	MCh$			MCh$		MCh$		MCh$
Balances as of January 1, 2024		611,949			—		—		611,949
Provisions established		597,228			—		—		597,228
Provisions used		(611,949	)		—		—		(611,949	)
Provisions released		—			—		—		—
Balances as of December 31, 2024		597,228			—		—		597,228
Provisions established		605,955			—		—		605,955
Provisions used		(597,228	)		—		—		(597,228	)
Provisions released		—			—		—		—
Balances as of December 31, 2025		605,955			—		—		605,955

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

26.	Special<br>provisions for credit risk:
a)	At<br> the end of each year, this item is composed as follows:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Additional loan provisions (*)		631,217		700,252
Provisions for credit risk for contingent loans (**)		84,513		67,537
Provisions for country risk for transactions with debtors with residence abroad		5,552		6,395
Special provisions for loans abroad		—		—
Provisions for adjustments to the minimum provision required for normal portfolio with individual evaluation		—		—
Provisions established by credit risk because of additional prudential requirements		—		—
Total		721,282		774,184
(*)	To<br>address the impact of applying the standard provisioning model for consumer loans, additional provisions of Ch$69,035 million were released<br>in January 2025.
---	---
(**)	Changes<br>in provisions for credit risk for contingent loans are disclosed in Note 13 letter (f).
b)	Changes<br> in provisions for special credit risk are detailed as follows:
---	---
	Additional loan<br><br> provisions			Provisions for<br><br> credit risk for<br><br> contingent loans			Provisions for<br><br> country risk for <br><br>transactions <br><br>with debtors<br><br> with residence<br><br> abroad			Total
---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$			MCh$			MCh$			MCh$
Balances as of January 1, 2024		700,252			61,227			7,668			769,147
Provisions established		—			4,883			—			4,883
Provisions used		—			—			—			—
Provisions released		—			—			(1,273	)		(1,273	)
Foreign exchange differences		—			1,427			—			1,427
Balances as of December 31, 2024		700,252			67,537			6,395			774,184
Provisions established		—			18,858			—			18,858
Provisions used		—			—			—			—
Provisions released		(69,035	)		—			(843	)		(69,878	)
Foreign exchange differences		—			(1,882	)		—			(1,882	)
Balances as of December 31, 2025		631,217			84,513			5,552			721,282

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

27.	Other<br>Liabilities:

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

	2025		2024
	MCh$		MCh$
Accounts payable to third parties		435,717		425,733
Creditors for intermediation of financial instruments		417,372		193,171
Obligations for mortgage loans granted to be remitted to other banks and/or real estate companies		287,820		362,021
Cash guarantees received for derivative financial transactions		190,440		176,520
Liability for income from usual activities from contracts with customers		37,812		39,783
Agreed dividends payable		16,792		13,467
VAT liability		4,317		4,077
Outstanding transactions		1,858		1,532
Other cash guarantees received		573		483
Securities to be settled		—		3,633
Other liabilities		39,488		34,992
Total		1,432,189		1,255,412

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

As of December 31, 2025, 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, 2024), with no par value, subscribed and fully paid.

	As of December 31, 2025
	Number of Shares		% of Equity Holding
Corporate Name or Shareholders’s name
LQ Inversiones Financieras S.A.		46,815,289,329		46.344	%
Banchile Corredores de Bolsa S.A.		5,298,295,922		5.245	%
Inversiones LQ-SM Limitada		4,854,988,014		4.806	%
Banco de Chile on behalf of State Street		4,368,739,111		4.325	%
Banco Santander on behalf of foreign investors		3,959,115,077		3.919	%
JP Morgan Chase Bank		2,719,097,108		2.692	%
Banco de Chile on behalf of non-resident third parties		2,355,382,741		2.332	%
Banco Santander Chile		1,926,817,275		1.907	%
Ever Chile SPA		1,888,369,814		1.869	%
Banco de Chile on behalf of Citibank New York		1,663,309,364		1.647	%
Ever 1 BAE SPA		1,166,584,950		1.155	%
Larraín Vial S.A. Corredora de Bolsa		1,000,886,079		0.991	%
Inversiones Avenida Borgoño Limitada		882,604,102		0.874	%
BCI Corredores de Bolsa S.A.		779,379,823		0.772	%
A.F.P Habitat S.A. for A Fund		758,929,122		0.751	%
Santander Corredores de Bolsa Limitada		703,730,776		0.697	%
A.F.P Cuprum S.A. for A Fund		635,579,418		0.629	%
Banco de Chile on behalf of Citibank London		549,822,754		0.544	%
Valores Security S.A. Corredores de Bolsa		527,069,658		0.522	%
A.F.P Capital S.A. Pension Fund A		518,556,321		0.513	%
Subtotal		83,372,546,758		82.534	%
Other shareholders		17,644,534,356		17.466	%
Total		101,017,081,114		100.000	%

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

28.	Equity,continued:
(a)	Capital,<br>continued:
---	---
(i)	Authorized,<br>subscribed and paid shares, continued:
---	---
	As of December 31, 2024
---	---	---	---	---	---
	Number of Shares		% of Equity Holding
Corporate Name or Shareholders’s name
LQ Inversiones Financieras S.A.		46,815,289,329		46.344	%
Banco de Chile on behalf of State Street		6,125,765,969		6.064	%
Banchile Corredores de Bolsa S.A.		5,123,539,720		5.072	%
Banco Santander on behalf of foreign investors		5,080,833,862		5.030	%
Inversiones LQ-SM Limitada		4,854,988,014		4.806	%
JP Morgan Chase Bank		3,041,703,508		3.011	%
Banco de Chile on behalf of non-resident third parties		2,666,777,747		2.640	%
Banco Santander Chile		1,941,976,163		1.922	%
Ever Chile SPA		1,888,369,814		1.869	%
Ever 1 BAE SPA		1,166,584,950		1.155	%
Larraín Vial S.A. Corredora de Bolsa		1,042,343,304		1.032	%
Banco de Chile on behalf of Citibank New York		1,038,850,995		1.028	%
BCI Corredores de Bolsa S.A.		989,711,426		0.980	%
Inversiones Avenida Borgoño Limitada		728,439,279		0.721	%
Santander Corredores de Bolsa Limitada		581,788,686		0.576	%
A.F.P Habitat S.A. for A Fund		527,598,687		0.522	%
Valores Security S.A. Corredores de Bolsa		516,192,449		0.511	%
A.F.P Cuprum S.A. for A Fund		492,665,765		0.488	%
Inversiones CDP SPA		487,744,912		0.483	%
BTG Pactual Chile S.A. Corredores de Bolsa		463,503,644		0.459	%
Subtotal		85,574,668,223		84.713	%
Other shareholders		15,442,412,891		15.287	%
Total		101,017,081,114		100.000	%

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The following table shows the share movements from December 31, 2024 to December 31, 2025:

	Total
	Ordinary<br> <br>Shares
Total shares as of December 31, 2024		101,017,081,114
Total shares as of December 31, 2025		101,017,081,114
(b)	Approval<br> and payment of dividends:
---	---

At the Bank Ordinary Shareholders’ Meeting held on March 27, 2025 it was approved the distribution and payment of dividend No. 213 of Ch$9.85357420889 per share of the Banco de Chile, with charge to the net distributable income for the year 2024. The dividends paid in the in the year 2025 amounted to Ch$995,380 million.

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 year 2024 amounted to Ch$815,932 million.

(c)	Provision<br> 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 related year, the adjustment of the amount of paid-in capital and reserves as a result of variations 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 year ended as of December 31, 2025 amounted to Ch$182,337 million (Ch$212,012 million as of December 31, 2024).

As indicated, as of December 31, 2025, the amount of the net income determined in accordance with the preceding paragraph is equivalent to Ch$1,009,925 million (Ch$995,380 million as of December 31, 2024). Consequently, the Bank recorded a provision for minimum dividends under “Provision for dividends” as of December 31 for Ch$605,955 million (Ch$597,228 million in December 2024), which reflects as a counterpart an equity reduction for the same amount.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

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

(ii)	Diluted<br>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 December 31, 2025 and 2024 were determined as follows:


Basic earnings per share:
Net profits attributable to bank´s shareholders (in millions of Chilean pesos)	1,192,262	1,207,392
Weighted average number of ordinary shares	101,017,081,114	101,017,081,114
Earning per shares (in Chilean pesos)	11.80	11.95
Diluted earnings per share:
Net profits attributable to bank´s shareholders (in millions of Chilean pesos)	1,192,262	1,207,392
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)	11.80	11.95

As of December 31, 2025 and 2024, the Bank does not have instruments that generate dilutive effects.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

Below is the composition and changes of accumulated other comprehensive income as of December 31, 2025 and 2024:

	Items that will not be reclassified in profit or loss												Items that can be reclassified in profit or loss
	New measurements of net defined benefit liability and actuarial results for other employee benefit plans			Fair value changes of equity instruments designated as at FVTOCI			Income tax			Subtotal			Fair value changes of financial assets at FVTOCI			Cash flow accounting hedge			Participation<br><br> in other comprehensive income of entities registered under the equity method			Income tax			Subtotal			Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Opening balances as of January 1, 2024		(413	)		9,668			(2,499	)		6,756			9,142			9,401			(74	)		(983	)		17,486			24,242
Other comprehensive income for the year		115			(212	)		893			796			(4,664	)		(21,798	)		26			5,175			(21,261	)		(20,465	)
Balances as of December 31, 2024		(298	)		9,456			(1,606	)		7,552			4,478			(12,397	)		(48	)		4,192			(3,775	)		3,777
Opening balances as of January 1, 2025		(298	)		9,456			(1,606	)		7,552			4,478			(12,397	)		(48	)		4,192			(3,775	)		3,777
Other comprehensive income for the year		(62	)		(148	)		(448	)		(658	)		8,806			(28,341	)		(59	)		6,716			(12,878	)		(13,536	)
Balances as of December 31, 2025		(360	)		9,308			(2,054	)		6,894			13,284			(40,738	)		(107	)		10,908			(16,653	)		(9,759	)

During 2025, a reclassification was made from comprehensive income to equity reserves as a result of the sale of equity instruments irrevocably designated at fair value for Ch$1,916 million.

(e)	Retained<br> earnings from previous years:

During the year 2025, the Ordinary Shareholders Meeting of Banco de Chile agreed to deduct and withhold from the year 2024 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 2023 and November 2024, amounting to Ch$212,012 million.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

29.	Contingencies<br>and Commitments:
(a)	The<br> Bank and its subsidiaries have exposures associated with contingent loans and other liabilities<br> according to the following detail:
---	---
(a.1)	Contingent<br>loans:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Guarantees and sureties
Guarantees and sureties in Chilean currency		—		—
Guarantees and sureties in foreign currency		288,710		336,737
Letters of credit for goods circulation operations		449,759		442,216
Debt purchase commitments in local currency abroad		—		—
Transactions related to contingent events
Transactions related to contingent events in Chilean currency		2,563,484		2,544,288
Transactions related to contingent events in foreign currency		609,777		580,338
Undrawn credit lines with immediate termination
Balance of lines of credit and agreed overdraft in current account – commercial loans		1,764,560		1,642,163
Balance of lines of credit on credit card – commercial loans		370,983		359,638
Balance of lines of credit and agreed overdraft in current account – consumer loans		1,501,358		1,497,076
Balance of lines of credit on credit card – consumer loans		7,816,881		7,626,423
Balance of lines of credit and agreed overdraft in current account – loans to banks		—		—
Undrawn credit lines		—		—
Other commitments
Credits for higher studies Law No. 20,027 (CAE)		—		—
Other irrevocable loan commitments		69,191		51,889
Other contingent loans		—		—
Total		15,434,703		15,080,768
(a.2)	Responsibilities<br>assumed to meet customer needs:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Transactions on behalf of third parties
Collections		138,556		214,446
Placement or sale of financial instruments		—		—
Transferred financial assets managed by the bank		—		—
Third-party resources managed by the bank		1,635,950		1,147,660
Subtotal		1,774,506		1,362,106
Securities custody
Securities safekept by a banking subsidiary		9,719,621		7,443,549
Securities safekept by the bank		4,438,522		3,318,810
Securities safekept deposited in another entity		29,035,809		19,509,831
Securities issued by the bank		—		—
Subtotal		43,193,952		30,272,190
Total		44,968,458		31,634,296

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

29.	Contingenciesand Commitments, continued:
(b)	Lawsuits<br>and legal proceedings:
---	---
(b.1)	Normal<br>judicial contingencies in the industry:
---	---

At the date of issuance of these Consolidated Financial Statements, there are legal actions filed against the Bank related with the ordinary course operations. As of December 31, 2025, the Bank maintain provisions for judicial contingencies amounting to Ch$2,037 million (Ch$1,592 million as of December 2024), 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 December 31, 2025
	2026		2027		2028		2029		2030		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Legal contingencies		596		1,441		—		—		—		2,037
(b.2)	Contingencies<br>for significant lawsuits:
---	---

As of December 31, 2025 and 2024, there are not significant lawsuits in court that affect or may affect these Consolidated Financial Statements.

(c)	Guarantees<br>granted by operations:
i.	Insubsidiary Banchile Administradora General de Fondos S.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 4,879,700 maturing January 8, 2026. The subsidiary took a policy with Mapfre Seguros Generales S.A. for the Real State Funds by a guaranteed amount of UF 722,700.

As of December 31, 2025 and 2024, the Bank has not guaranteed mutual funds.

ii.	Insubsidiary 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.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

29.	Contingenciesand Commitments, continued:
(c)	Guarantees<br>granted by operations, continued:
---	---
	2025		2024
---	---	---	---	---
Guarantees:	MCh$		MCh$
Shares received as collateral for simultaneous operations:
Santiago Securities Exchange, Stock Exchange		23,244		9,171
Electronic Chilean Securities Exchange, Stock Exchange		37,559		32,024
Fixed income securities delivered to guarantee CCLV system:
Santiago Securities Exchange, Stock Exchange		9,840		7,843
Fixed income securities as collateral for the Santiago Stock Exchange		2,148		2,148
Shares delivered to guarantee equity lending and short-selling:
Santiago Securities Exchange, Stock Exchange		—		4,744
Cash guarantees received for operations with derivatives		8,477		3,931
Cash guarantees for operations with derivatives		2		4,043
Equity securities received for operations with derivatives:
Electronic Chilean Securities Exchange, Stock Exchange		—		101
Depósito Central de Valores S.A.		1,635		2,227
Total		82,905		66,232

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 Banchile Corredores de Bolsa S.A maintains in favor of the Santiago Stock Exchange a guarantee in fixed income financial instruments equivalent to Ch$2,148 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, 2026, 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 410,800 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 8, 2026.

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$724,107.72 for variable income operations.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

29.	Contingencies and Commitments, continued:
(c)	Guarantees<br>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.

iii. In subsidiary Banchile Corredores de Seguros Ltda.:

According to established in article 58, letter D of D.F.L. 251, as of December 31, 2025 the entity maintains two insurance policies with effect from April 15, 2025 to April 14, 2026 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<br> Resolution No. 270 dated October 30, 2014, the Superintendency of Securities and Insurance<br> (current Commission for the Financial Market) imposed a fine of UF 50,000 to Banchile Corredores<br> de Bolsa S.A. for violations of the second paragraph of article 53 of the Securities Market<br> Law, said company filed a claim with the competent Civil Court requesting the annulment of<br> the fine. On December 10, 2019, a judgement in the case was issued reducing the fine to the<br> amount of UF 7,500, which was confirmed in the second instance by the Illustrious Court of<br> Appeals of Santiago. The intervening parties filed cassation appeals in form and substance<br> before the Supreme Court against the sentence in second instance. On August 13, 2024 the<br> Supreme Court ordered the hearing of the case, which is pending as of this date.
---	---

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.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

30.	Interest Revenue and Expenses:
(a)	At<br> the end of the year, the summary of interest is as follows:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Interest revenue		2,715,753			2,919,967
Interest expenses		(969,638	)		(1,138,312	)
Total net interest income		1,746,115			1,781,655
(b)	The<br> composition of interest revenue is as follows:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Financial assets at amortized cost:
Rights under repurchase agreements		5,295			4,601
Debt financial instruments		12,291			50,831
Loans to Banks		38,172			73,707
Commercial loans		1,238,154			1,353,441
Residential mortgage loans		456,102			410,896
Consumer Loans		825,117			819,026
Other financial instruments		45,884			71,561
Financial assets at fair value through other comprehensive income:
Debt financial instruments		127,227			169,950
Other financial instruments		—			—
Income of accounting hedges of interest rate risk		(32,489	)		(34,046	)
Total		2,715,753			2,919,967
(b.1)	At<br>the end of the year, the stock of interest not recognized in income is as follows:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Commercial loans		36,420		38,326
Residential mortgage loans		9,131		6,513
Consumer Loans		4,297		3,673
Total		49,848		48,512

NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTS, continued

30.	InterestRevenue and Expenses, continued:
(c)	The<br> composition of interest expenses is as follows:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Financial liabilities at amortized cost:
Current accounts and other demand deposits		985			1,186
Time deposits and saving accounts		626,776			810,799
Obligations under repurchase agreements		8,018			9,177
Borrowings from financial institutions		61,919			71,727
Debt financial instruments issued		286,327			260,203
Other financial obligations		—			—
Lease liabilities		2,112			2,381
Regulatory capital financial instruments		35,283			34,551
Income of accounting hedges of interest rate risk		(51,782	)		(51,712	)
Total		969,638			1,138,312
(d)	As<br> of December 31, 2025 and 2024, the Bank uses cross currency swaps to hedge the risk of variability<br> of obligations flows with foreign banks and bonds issued in foreign currency.
---	---
	2025									2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Income			Expense			Total			Income			Expense			Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Gain from fair value accounting hedges		—			—			—			—			—			—
Loss from fair value accounting hedges		—			—			—			—			—			—
Gain from cash flow accounting hedges		314,924			361,804			676,728			186,951			266,878			453,829
Loss from cash flow accounting hedges		(347,413	)		(310,022	)		(657,435	)		(220,997	)		(215,166	)		(436,163	)
Net gain on hedge items		—			—			—			—			—			—
Total		(32,489	)		51,782			19,293			(34,046	)		51,712			17,666

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

31.	Inflation<br>indexation revenue and expense:
(a)	At<br> the end of the year, the summary of UF indexation is as follows:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Inflation indexation revenue		675,633			829,188
Inflation indexation expense		(369,864	)		(469,992	)
Total net inflation indexation income		305,769			359,196
(b)	The<br> composition of Inflation indexation revenue is as follows
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Financial assets at amortized cost:
Rights under repurchase agreements		—			—
Debt financial instruments		11,938			26,333
Loans to Banks		—			—
Commercial loans		256,664			318,858
Residential mortgage loans		451,589			545,517
Consumer Loans		927			1,322
Other financial instruments		2,387			3,453
Financial assets at fair value through other comprehensive income:
Debt financial instruments		22,794			24,896
Other financial instruments		—			—
Income of accounting hedges of UF, IVP, IPC indexation risk		(70,666	)		(91,191	)
Total		675,633			829,188
(b.1)	At<br>the end of the year, the stock of UF indexation not recognized in results is detailed as follows:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Commercial loans		3,832		4,397
Residential mortgage loans		8,720		8,209
Consumer Loans		4		10
Total		12,556		12,616

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

31.	Inflationindexation revenue and expense, continued:
(c)	The<br> composition of Inflation indexation expense is as follows:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Financial liabilities at amortized cost:
Current accounts and other demand deposits		16,346		19,956
Time deposits and saving accounts		55,934		81,947
Obligations under repurchase agreements		—		—
Borrowings from financial institutions		—		—
Debt financial instruments issued		261,709		322,938
Other financial obligations		—		—
Regulatory capital financial instruments		35,875		45,151
Income of accounting hedges of UF, IVP, IPC indexation risk		—		—
Total		369,864		469,992
(d)	As<br> of December 31, 2025 and 2024, the Bank uses cross currency swaps to hedge the risk of variability<br> of obligations flows with foreign banks and bonds issued in foreign currency.
---	---
	2025								2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Income			Expense		Total			Income			Expense		Total
	MCh$			MCh$		MCh$			MCh$			MCh$		MCh$
Gain from fair value accounting hedges		—			—		—			—			—		—
Loss from fair value accounting hedges		—			—		—			—			—		—
Gain from cash flow accounting hedges		6,766			—		6,766			3,087			—		3,087
Loss from cash flow accounting hedges		(77,432	)		—		(77,432	)		(94,278	)		—		(94,278	)
Net gain on hedge items		—			—		—			—			—		—
Total		(70,666	)		—		(70,666	)		(91,191	)		—		(91,191	)

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

32.	Fee and commission income and expense:

The fee and commission income and expense that are shown in the Consolidated Statement of Income for the year is as following:

	2025			2024
	MCh$			MCh$
Fee and commission income and services rendered
Commissions from card services		254,815			232,682
Remuneration from administration of mutual funds, investment funds or others		172,785			142,311
Account management fees		75,983			68,969
Commissions from collections and payments		73,654			80,326
Commissions from guarantees and letters of credit		42,930			41,923
Brand use agreement		32,617			29,082
Insurance not related to the granting of credits to natural persons		25,753			25,303
Commissions from trading and securities management		25,560			19,653
Use of distribution channel		19,946			24,670
Commissions from credit prepayments		16,556			15,575
Insurance related to the granting of credits to natural persons		8,780			11,942
Insurance not related to the granting of credits to legal entities		7,055			5,144
Commissions from lines of credit and current account overdrafts		4,894			4,978
Financial advisory services		2,549			2,688
Insurance related to the granting of credits to legal entities		2,145			2,007
Commissions from factoring operations services		1,307			1,313
Loan commissions with letters of credit		21			68
Other commission earned		23,360			24,288
Total		790,710			732,922
Fee and commission expense and services received
Commissions from card transactions		(64,735	)		(59,763	)
Expenses from obligations of loyalty and merit card customers programs		(35,472	)		(39,518	)
Interbank transactions		(28,350	)		(39,471	)
Commissions from use of card brands license		(9,165	)		(8,529	)
Commissions from securities transaction		(6,201	)		(5,293	)
Collections and payments		(4,010	)		(4,120	)
Other fees for services related to the credit card system and payment cards with funds provision as a means of payment		(288	)		—
Other commissions from services received		(5,230	)		(4,345	)
Total		(153,451	)		(161,039	)
Total Net		637,259			571,883

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

33.	Net Financial Result:
(a)	The<br> amount of Net financial result shown in the Consolidated Income Statement for the year corresponds<br> to the following concepts:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Financial result from:
Financial assets held for trading at fair value through profit or loss:
Financial derivative contracts		2,904,785			3,646,894
Debt Financial Instruments		141,267			128,401
Other financial instruments		22,409			25,961
Financial liabilities held for trading at fair value through profit or loss:
Financial derivative contracts		(2,960,429	)		(3,698,606	)
Other financial instruments		(569	)		(349	)
Subtotal		107,463			102,301
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 time deposits and savings accounts		—			—
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		(1,703	)		239
Financial assets at fair value through other comprehensive income		14,875			8,050
Financial liabilities at amortized cost		—			—
Regulatory capital financial instruments		—			—
Subtotal		13,172			8,289
Exchange, indexation and accounting hedging of foreign currency:
Gain (loss) from foreign currency exchange		290,144			(29,561	)
Gain (loss) from indexation for exchange rate		(15,870	)		20,067
Net gain (loss) from derivatives in accounting hedges of foreign currency risk		(118,578	)		174,091
Subtotal		155,696			164,597
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		—			—
Regulatory capital financial instruments		—			—
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		276,331			275,187

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

33.	NetFinancial Result, continued:
(b)	The<br> detail of the income (expense) associated with the changes in allowances for credit losses<br> on loans and contingent loans denominated in foreign currency, which is reflected in “Exchange,<br> indexation and accounting hedging of foreign currency”.
---	---
	2025		2024
---	---	---	---	---	---
	MCh$		MCh$
Loans to Banks		68		(114	)
Commercial loans		7,548		(10,208	)
Residential mortgage loans		—		—
Consumer loans		225		(130	)
Contingent loans		1,882		(1,427	)
Total		9,723		(11,879	)
34.	Results from investments in other companies:
---	---

The income obtained from investments in companies detailed in Note 14 corresponds to the following:

	Shareholder	2025		2024
		MCh$		MCh$
Income attributable to investments in other companies:
Associates
Transbank S.A.	Banco de Chile		5,942		2,575
Centro de Compensación Automatizado S.A.	Banco de Chile		2,007		1,875
Redbanc S.A.	Banco de Chile		1,279		663
Sociedad Interbancaria de Depósitos de Valores S.A.	Banco de Chile		549		483
Administrador Financiero de Transantiago S.A.	Banco de Chile		501		610
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Banco de Chile		237		145
Servicios de Infraestructura de Mercado OTC S.A.	Banco de Chile		31		151
Subtotal Associates			10,546		6,502
Joint Ventures
Servipag Ltda.	Banco de Chile		1,437		1,676
Artikos Chile S.A. (*)	Banco de Chile		—		552
Subtotal Joint Ventures			1,437		2,228
Subtotal			11,983		8,730
Minority Investments
Holding Bursátil Regional S.A.	Banchile Corredores de Bolsa		315		242
Banco Latinoamericano de Comercio Exterior S.A. (Bladex)	Banco de Chile		142		134
Bolsa Electrónica de Chile, Bolsa de Valores	Banchile Corredores de Bolsa		16		18
CCLV Contraparte Central S.A.	Banchile Corredores de Bolsa		1		3
Subtotal Minority Investments			474		397
Total			12,457		9,127
Income from disposal of shares in Companies:
Joint Ventures
Artikos Chile S.A. (*)	Banco de Chile		—		7,925
Total Investments in other companies			12,457		17,052
(*)	In<br>September 2024, it was agreed to accept the binding purchase offer presented by the Santiago Chamber of Commerce A.G. for 100% of the<br>shares of Artikos Chile S.A. The sale was completed in December of the same year.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

35.	Result from non-current assets and disposal groups held for 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 years 2025 and 2024 is as follows:

	2025			2024
	MCh$			MCh$
Net income from assets received in lieu of payment or adjudicated in judicial auction
Gain (loss) on sale of assets received in lieu of payment or foreclosed at judicial auction		14,315			8,698
Other income from assets received in payment or foreclosed at judicial auction		201			57
Provisions for adjustments to net realizable value of assets received in lieu of payment or foreclosed at judicial auction		(2,688	)		(1,939	)
Charge-off assets received in lieu of payment or foreclosed at judicial auction		(18,689	)		(14,942	)
Expenses to maintain assets received in lieu of payment or foreclosed at judicial auction		(1,833	)		(1,382	)
Non-current assets held for sale
Investments in other companies		—			—
Intangible assets		—			—
Property and equipment		6,685			938
Assets for recovery of assets transferred in financial leasing operations		1,644			2,105
Other assets		—			—
Disposal groups held for sale		—			—
Total		(365	)		(6,465	)
36.	Other operating Income and Expenses:
---	---
a)	During<br> the years 2025 and 2024, the Bank and its subsidiaries present other operating income, according<br> to the following:
---	---
	2025		2024
---	---	---	---	---
	MCh$		MCh$
Expense recovery		26,688		26,179
Revaluation of tax refunds from previous years		11,094		8,451
Income from investment properties		6,976		7,147
Revaluation of monthly tax prepayments		2,765		9,771
Other income		954		229
Total		48,477		51,777

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

36.	Otheroperating Income and Expenses, continued:
b)	During<br> the years 2025 and 2024, the Bank and its subsidiaries present other operating expenses,<br> according to the following:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Write-offs for operating risks		27,568			29,407
Insurance premiums expense to cover operational risk events		6,634			6,275
Expenses for credit operations of financial leasing		4,240			6,976
Card administration		3,963			2,209
Legal expenses and trials		1,884			2,847
Write-offs for commercial decisions		766			407
Provision for pending operations		514			(124	)
Provisions for trials and litigation		445			419
Expenses for charge-off leased assets recoveries		398			195
Life insurance		320			343
Valuation expense		307			256
Renegotiated loan insurance premium		192			235
(Release) expense of provisions for operational risk		(355	)		558
Expense recovery from operational risk events		(13,554	)		(14,314	)
Other expenses		636			350
Total		33,958			36,039
37.	Personnel expenses:
---	---

The composition of the expense for employee benefit obligations during the years 2025 and 2024 is as follows:

	2025		2024
	MCh$		MCh$
Expenses for short-term employee benefit		534,059		528,466
Expenses for employee benefits due to termination of employment contract		24,133		42,125
Training expenses		3,437		3,440
Expenses for nursery and kindergarten		1,494		1,618
Other personnel expenses		7,232		6,898
Total		570,355		582,547

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

38.	Administrative expenses:

This item is composed as follows:

	2025		2024
	MCh$		MCh$
General administrative expenses
Information technology and communications		162,788		157,216
Maintenance and repair of property and equipment		52,338		51,606
External advisory services and professional services fees		11,662		11,252
Surveillance and securities transport services		10,854		11,651
External financial information and fraud prevention service		8,661		8,129
Office supplies		8,483		8,497
Legal and notary expenses		7,317		5,799
Energy, heating and other utilities		6,844		6,132
Expenses for short-term leases		4,856		3,658
External service of custody of documentation		4,457		4,664
Other expenses of obligations for lease contracts		4,099		4,200
Postal box, mail, postage and home delivery services		4,080		6,325
Insurance premiums except to cover operational risk events		3,792		4,142
Representation and travel expenses		3,368		3,191
Donations		2,782		3,249
Card embossing service		2,168		2,084
Fees for other technical reports		1,053		1,063
Fees for review and audit of the financial statements by the external auditor		906		873
Expenses for leases low value		540		549
Title classification fees		168		241
Fines applied by other agencies		58		132
Other general administrative expenses		9,903		9,393
Outsourced services
Technological developments expenses, certification and technology testing		21,871		22,323
Data processing		11,703		11,133
External credit evaluation service		5,041		5,820
External collection service		3,551		4,841
External human resources administration services and supply of external personnel		1,947		1,820
Call Center service for sales, marketing, quality control customer service		766		1,695
External cleaning service, cafeteria, custody of files and documents, storage of furniture and equipment		319		473
Sales and distribution services for products		318		—
Other outsourced services		1,603		1,144
Board expenses
Board of Directors Compensation		3,641		3,500
Other Board expenses		80		78
Marketing		42,466		33,948
Taxes, contributions and other legal charges
Contribution to the banking regulator		14,788		15,248
Property taxes		5,428		6,020
Taxes other than income tax		3,007		2,803
Municipal patents		1,880		1,752
Other legal charges		47		52
Total		429,633		416,696

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

39.	Depreciation and Amortization:

The amounts corresponding to charges to results for depreciation and amortization during the years 2025 and 2024, are detailed as follows:

	2025		2024
	MCh$		MCh$
Amortization of intangibles assets
Other intangible assets arising from business combinations		—		—
Other independently originated intangible assets		41,453		36,265
Depreciation of property and equipment
Buildings and land		9,807		9,725
Other property and equipment		13,837		18,447
Depreciation and impairment of leased assets
Buildings and land		28,607		28,672
Other property and equipment		—		—
Depreciation for improvements in leased real estate as leased of right-to-use assets		1,049		1,135
Amortization for the right-to-use other intangible assets under lease		—		—
Depreciation of other assets for investment properties		357		357
Amortization of other assets per activity income asset		—		—
Total		95,110		94,601
40.	Impairment of non-financial assets:
---	---

As of December 31, 2025 and 2024, the composition of the item for impairment of non-financial assets is composed as follows:

	2025		2024
	MCh$		MCh$
Impairment of intangible assets		464		—
Impairment of property and equipment		265		1,121
Impairment of assets from income from ordinary activities from contracts with customers		1,153		1,730
Total		1,882		2,851

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense:
(a)	The<br> composition is as follows:
---	---
	2025			2024
---	---	---	---	---	---	---
	MCh$			MCh$
Expense of allowances established for credit risk		499,913			452,448
Expense (release) of special provisions for credit risk		(51,020	)		3,610
Recovery of written-off credits		(71,383	)		(65,313	)
Impairments for credit risk of other financial assets at amortized cost and financial assets at FVTOCI		4,412			1,009
Total		381,922			391,754
(b)	Summary<br> of the expense of allowances constituted for credit risk and expense for credit losses:
---	---
	Expense of allowances constituted in the year
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Normal <br><br>Portfolio					Substandard Portfolio		Non-Performing<br><br> Portfolio							Deductible
	Evaluation					Evaluation		Evaluation							guarantees
As of December 31, 2025	Individual			Group		Individual		Individual		Group		Subtotal			Fogape Covid-19			****	Total
	MCh$			MCh$		MCh$		MCh$		MCh$		MCh$			MCh$				MCh$
Loans to Banks
Allowances established		—			—		—		—		—		—			—				—
Allowances released		(151	)		—		—		—		—		(151	)		—				(151	)
Subtotal		(151	)		—		—		—		—		(151	)		—				(151	)
Commercial loans
Allowances established		—			1,986		2,787		29,320		64,295		98,388			—				98,388
Allowances released		(8,969	)		—		—		—		—		(8,969	)		(1,689	)			(10,658	)
Subtotal		(8,969	)		1,986		2,787		29,320		64,295		89,419			(1,689	)			87,730
Residential mortgage loans
Allowances established		—			270		—		—		11,720		11,990			—				11,990
Allowances released		—			—		—		—		—		—			—				—
Subtotal		—			270		—		—		11,720		11,990			—				11,990
Consumer loans
Allowances established		—			60,312		—		—		340,032		400,344			—				400,344
Allowances released		—			—		—		—		—		—			—				—
Subtotal		—			60,312		—		—		340,032		400,344			—				400,344
Expense (release) of provisions for credit risk		(9,120	)		62,568		2,787		29,320		416,047		501,602			(1,689	)			499,913
Recovery of written-off credits
Loans to Banks																				—
Commercial loans																				(18,127	)
Residential mortgage loans																				(7,981	)
Consumer loans																				(45,275	)
Subtotal																				(71,383	)
Loan credit loss expenses																				428,530

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense, continued:

(b)	Summary<br> of the expense of allowances constituted for credit risk and expense for credit losses, continued;
****	****	Expense of allowances constituted in the year																														****
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
****	****	Normal Portfolio						****	****	Substandard Portfolio		****	****	Non-Performing Portfolio						****	****	****		****	****	Deductible guarantees		****	****			****
****	****	Evaluation						****	****	Evaluation		****	****	Evaluation						****	****	****		****	****	Fogape		****	****	****		****
As of December 31, 2024	****	Individual		****	****	Group		****	****	Individual		****	****	Individual		****	****	Group		****	****	Subtotal		****	****	Covid-19		****	****	Total		****
****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****
Loans to Banks
Allowances established			23				—				—				—				—				23				—				23
Allowances released			—				—				—				—				—				—				—				—
Subtotal			23				—				—				—				—				23				—				23
Commercial loans
Allowances established			2,185				419				—				46,526				67,605				116,735				—				116,735
Allowances released			—				—				(5,007	)			—				—				(5,007	)			(5,970	)			(10,977	)
Subtotal			2,185				419				(5,007	)			46,526				67,605				111,728				(5,970	)			105,758
Residential mortgage loans
Allowances established			—				—				—				—				10,266				10,266				—				10,266
Allowances released			—				(328	)			—				—				—				(328	)			—				(328	)
Subtotal			—				(328	)			—				—				10,266				9,938				—				9,938
Consumer loans
Allowances established			—				—				—				—				351,670				351,670				—				351,670
Allowances released			—				(14,941	)			—				—				—				(14,941	)			—				(14,941	)
Subtotal			—				(14,941	)			—				—				351,670				336,729				—				336,729
Expense (release) of provisions for credit risk			2,208				(14,850	)			(5,007	)			46,526				429,541				458,418				(5,970	)			452,448
Recovery of written-off credits
Loans to Banks																															—
Commercial loans																															(19,752	)
Residential mortgage loans																															(6,941	)
Consumer loans																															(38,620	)
Subtotal																															(65,313	)
Loan credit loss expenses																															387,135

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense, continued:

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

	2025			2024
	MCh$			MCh$
Expenses (release) of provisions for contingent loans:
Loans to Banks		—			—
Commercial loans		(10,147	)		5,592
Consumer loans		29,005			(709	)
Expenses from provisions for country risk for transactions with debtors with residence abroad		(843	)		(1,273	)
Expense of special provisions for loans abroad		—			—
Expenses of additional loan provisions:
Commercial loans		(69,035	)		—
Residential mortgage loans		—			—
Consumer loans		—			—
Expense of other special provisions established for credit risk		(51,020	)		3,610
42.	Income from discontinued operations:
---	---

As of December 31, 2025 and 2024, the Bank does not record income from discontinued operations.

43.	Related 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.

Accordingly, 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 ownership exceeds 5% of the shares, as well as persons who, regardless of ownership, have authority and responsibility for planning, management and control of the activities of the entity or its subsidiaries. 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 are considered related parties.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	RelatedParty Disclosures, continued:
(a)	Assets<br> and liabilities with related parties:
---	---

	Related Party Type
Type of current assets and liabilities with related parties As of December 31, 2025	Parent Entity		Other Legal Entity			Key Personnel <br><br>of the Consolidated Bank			Other Related Parties			Total
	MCh$		MCh$			MCh$			MCh$			MCh$
ASSETS
Financial assets held for trading at fair value through profit or loss:
Derivative Financial Instruments		—		231,036			—			—			231,036
Debt financial instruments		—		—			—			—			—
Other financial instruments		—		20			—			—			20
Non-trading financial assets mandatorily measured 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		—		33,856			—			—			33,856
Derivatives Hedge Accounting		—		—			—			—			—
Financial assets at amortized cost:
Rights under repurchase agreements		—		—			—			—			—
Debt financial instruments		—		—			—			—			—
Commercial loans				189,539			1,928			10,553			202,020
Residential mortgage loans		—		—			15,440			62,685			78,125
Consumer Loans		—		—			1,756			10,639			12,395
Allowances established – loans				(1,562	)		(61	)		(438	)		(2,061	)
Other assets		17		285,355			8			95			285,475
Contingent loans		—		167,862			3,401			16,776			188,039
LIABILITIES
Financial liabilities held for trading at fair value through profit or loss:
Derivative Financial Instruments		—		303,280			—			—			303,280
Financial liabilities designated as at fair value through profit or loss
Derivatives Hedge Accounting		—		19,931			—			—			19,931
Financial liabilities at amortized cost:
Current accounts and other demand deposits		300		168,799			2,281			6,105			177,485
Time deposits and saving accounts		45,379		132,812			3,181			17,594			198,966
Obligations under repurchase agreements		—		750			—			—			750
Borrowings from financial institutions		—		137,114			—			—			137,114
Debt financial instruments issued		—		—			—			—			—
Other financial obligations		—		—			—			—			—
Lease liabilities		—		7,036			—			—			7,036
Other liabilities		—		225,578			556			2			226,136

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	RelatedParty Disclosures, continued:
(a)	Assets<br> and liabilities with related parties, continued:
---	---

	Related Party Type
Type<br> of current assets and liabilities with related parties As of December 31, 2024	Parent Entity		Other Legal Entity			Key Personnel of the<br><br> Consolidated Bank			Other Related<br><br> Parties			Total
	MCh$		MCh$			MCh$			MCh$			MCh$
ASSETS
Financial assets held for trading<br> at fair value through profit or loss:
Derivative Financial Instruments		—		273,492			—			—			273,492
Debt financial instruments		—		—			—			—			—
Other financial instruments		—		—			—			—			—
Non-trading financial assets mandatorily measured 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		—		5,388			—			—			5,388
Derivatives Hedge Accounting		—		—			—			—			—
Financial assets at amortized cost:
Rights under repurchase agreements		—		—			—			—			—
Debt financial instruments		—		—			—			—			—
Commercial loans		—		266,912			1,291			9,967			278,170
Residential mortgage loans		—		—			14,694			59,861			74,555
Consumer Loans		—		—			1,656			11,482			13,138
Allowances established – loans		—		(1,291	)		(30	)		(326	)		(1,647	)
Other assets		16		132,549			38			7			132,610
Contingent loans		—		159,749			3,822			17,761			181,332
LIABILITIES
Financial liabilities held for trading at fair value through profit or loss:
Derivative Financial Instruments		—		300,756			—			—			300,756
Financial liabilities designated as at fair value through profit or loss		—		—			—			—			—
Derivatives Hedge Accounting		—		3,137			—			—			3,137
Financial liabilities at amortized cost:
Current accounts and other demand deposits		170		141,497			2,860			6,844			151,371
Time deposits and saving accounts		151,595		78,618			3,093			19,082			252,388
Obligations under repurchase agreements		—		—			—			—			—
Borrowings from financial institutions		—		3,175			—			—			3,175
Debt financial instruments issued		—		—			—			—			—
Other financial obligations		—		—			—			—			—
Lease liabilities		—		9,200			—			—			9,200
Other liabilities		—		140,479			532			5			141,016

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	RelatedParty Disclosures, continued:
(b)	Income<br> and expenses from related party transactions (*):
---	---
As of December 31, 2025	Parent Entity		Other Legal Entity			Key personnel of the consolidated Bank		Other Related parties		Total
---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$			MCh$		MCh$		MCh$
Interest revenue		—		17,678			555		2,999		21,232
Inflation indexation revenue		—		1,989			621		2,448		5,058
Fee and commission income		219		90,950			53		63		91,285
Net Financial result		—		(12,087	)		—		—		(12,087	)
Other income		—		—			—		—		—
Total Income		219		98,530			1,229		5,510		105,488
Interest expense		7,558		4,761			154		849		13,322
Inflation indexation expense		—		—			3		6		9
Fee and commission expense		—		30,153			—		—		30,153
Expenses credit losses (gains)		—		241			35		180		456
Personnel expenses		—		96			34,430		81,084		115,610
Administrative expenses		—		11,051			3,665		76		14,792
Other expenses		—		14			14		40		68
Total Expenses		7,558		46,316			38,301		82,235		174,410
As of December 31, 2024	Parent Entity		Other Legal Entity			Key personnel of the consolidated Bank		Other Related parties		Total
---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$			MCh$		MCh$		MCh$
Interest revenue		—		18,841			454		3,059		22,354
Inflation indexation revenue		—		1,819			605		2,905		5,329
Fee and commission income		146		92,827			43		71		93,087
Net Financial result		—		35,318			—		—		35,318
Other income		—		—			—		—		—
Total Income		146		148,805			1,102		6,035		156,088
Interest expense		8,420		7,166			249		1,351		17,186
Inflation indexation expense		—		—			—		—		—
Fee and commission expense		—		28,569			—		—		28,569
Expenses credit losses (gains)		—		(1,233	)		12		94		(1,127	)
Personnel expenses		—		312			37,918		81,818		120,048
Administrative expenses		—		11,462			3,628		88		15,178
Other expenses		—		—			1		11		12
Total Expenses		8,420		46,276			41,808		83,362		179,866
(*)	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.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	RelatedParty Disclosures, continued:

(c)	Transactions<br> with related parties: Individual transactions in the year with related parties that are legal<br> entities, which do not correspond to the usual operations of the line of business performed<br> with customers in general and when such individual transactions consider a transfer of resources,<br> services or obligations higher than UF 2,000 are detailed below.

Asof December 31, 2025

****	****	Nature of the	****	Description of the transaction					****	Transactions under equivalent conditions to those transactions with mutual independence	****	****		****	****	Effect on Income						****	****	Effect on Financial position						****
Company name	****	relationship with the Bank	****	Type of service	****	Term	****	Renewal conditions	****	between the parties	****	Amount MCh$		****	****	Income MCh$		****	****	Expenses MCh$		****	****	Accounts receivable MCh$		****	****	Accounts payable MCh$		****
Servipag<br> Ltda.		Negocio conjunto		Collection services		30 days		Contract		Yes			4,010				—				4,010				—				328
				IT support services		30 days		Contract		Yes			296				—				296				—				—
				Software development service		30 days		Contract		Yes			85				—				85				—				—
				IT project services		30 days		Contract		Yes			94				—				94				—				—
Bolsa<br> de Comercio de Santiago, Bolsa de Valores		Minority investments		Brokerage commission		30 days		Contract		Yes			292				—				292				—				—
Manantial<br> S.A.		Other related parties		General expenses		30 days		Contract		Yes			329				—				329				—				—
Universidad<br> Del Desarrollo		Other related parties		Advertising services		30 days		Contract		Yes			336				—				336				—				336
Enex<br> S.A.		Other related parties		Rent spaces for ATM		30 days		Contract		Yes			2,257				—				2,257				—				570
				Advertising services		30 days		Contract		Yes			132				—				132				—				—
Redbanc<br> S.A.		Associates		Electronic transaction management services		30 days		Contract		Yes			19,080				—				19,080				—				1,609
				IT project services		30 days		Contract		Yes			207				—				207				—				—
				IT services		30 days		Contract		Yes			190				—				190				—				—
Depósito<br> Central de Valores S.A.		Other related parties		Quality control and custodial services		30 days		Contract		Yes			764				—				764				—				22
				Custodial services		30 days		Contract		Yes			1,178				—				1,178				—				—
CCLV<br> Contraparte Central S.A.		Minority investments		Brokerage commission		30 days		Contract		Yes			325				—				325				—				—
Sociedad<br> Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.		Associates		Collection services		30 days		Contract		Yes			943				—				943				—				91
Inmobiliaria<br> e Inversiones Capitolio S.A.		Other related parties		Leases		30 days		Contract		Yes			83				—				83				—				—
Fundación<br> Teleton		Other related parties		Advertising services		30 days		Contract		Yes			577				—				577				—				268
				Donations		30 days		Contract		Yes			1,590				—				1,590				—				—
Canal<br> 13		Other related parties		Advertising services		30 days		Contract		Yes			131				—				131				—				—
La Barra<br> S.A.		Other related parties		Advertising services		30 days		Contract		Yes			96				—				96				—				—
Bolsa<br> Electrónica de Chile, Bolsa de Valores		Minority investments		Brokerage commission		30 days		Contract		Yes			189				—				189				—				7
				Service of financial information		30 days		Contract		Yes			95				—				95				—				—
Citibank<br> N.A. Reino Unido		Other related parties		Service of financial information		30 days		Contract		Yes			106				—				106				—				—
Comder<br> Contraparte Central S.A.		Other related parties		Securities clearing services		30 days		Contract		Yes			769				—				769				—				—
Citigroup<br> Global Markets INC		Other related parties		Brokerage commission		30 days		Contract		Yes			369				—				369				—				50
DCV<br> Registros S.A.		Other related parties		IT services		30 days		Contract		Yes			258				—				258				—				—
Transbank<br> S.A.		Associates		Card processing		30 days		Contract		Yes			631				—				631				—				110
				Exchange commission		30 days		Contract		Yes			77,727				77,727				—				—				—
Centro<br> de Compensación Automatizado S.A.		Associates		Transfer services		30 days		Contract		Yes			2,850				—				2,850				—				255
				Fraud prevention services		30 days		Contract		Yes			344				—				344				—				—
				Collection services		30 days		Contract		Yes			147				—				147				—				—
Artikos<br> Chile S.A.		Other related parties		IT services		30 days		Contract		Yes			280				—				280				—				—
				IT support services		30 days		Contract		Yes			236				—				236				—				—
Citibank<br> N.A.		Other related parties		Connectivity business commissions		Quarterly		Contract		Yes			7,991				7,991				—				3,362				—
Desarrollos<br> e Inversiones Internacionales SpA		Other related parties		Common area expenses		30 days		Contract		Yes			101				—				101				—				13
Plaza<br> Oeste SPA		Other related parties		Common area expenses		30 days		Contract		Yes			167				—				167				—				50
				Financial lease agreements		30 days		Contract		Yes			250				—				250				—				592
Plaza<br> del Trébol SPA		Other related parties		Common area expenses		30 days		Contract		Yes			106				—				106				—				127
				Financial lease agreements		30 days		Contract		Yes			256				—				256				—				19
Nuevos<br> Desarrollos S.A.		Other related parties		Financial lease agreements		30 days		Contract		Yes			193				—				193				—				335
Plaza<br> Vespucio SPA		Other related parties		Financial lease agreements		30 days		Contract		Yes			133				—				133				—				32
Plaza<br> Tobalaba SPA		Other related parties		Financial lease agreements		30 days		Contract		Yes			133				—				133				—				—
Plaza<br> La Serena SPA		Other related parties		Financial lease agreements		30 days		Contract		Yes			257				—				257				—				385
Inmobiliaria<br> Mall Calama S.A.		Other related parties		Financial lease agreements		30 days		Contract		Yes			148				—				148				—				—

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

Asof December 31, 2024

	Nature of the	Description<br> of the transaction			Transactions under equivalent conditions to those transactions with mutual			Effect on <br><br> Income				Effect on Financial position
Company<br> name	relationship<br><br> with<br><br> the Bank	Type<br> of service	Term	Renewal<br> conditions	independence<br><br> <br>between<br> the<br> parties	Amount MCh$		Income MCh$		Expenses MCh$		Accounts receivable MCh$		Accounts payable MCh$

Ionix SPA	Other related parties	IT support services	30 days	Contract	Yes		141		—		141		—		—
Servipag Ltda.	Joint venture	IT support services	30 days	Contract	Yes		367		—		367		—		—
		Collection services	30 days	Contract	Yes		4,235		—		4,235		—		387
Bolsa de Comercio de Santiago, Bolsa de Valores	Minority investments	Service of financial information	30 days	Contract	Yes		356		—		356		—		25
		Brokerage commission	30 days	Contract	Yes		423		—		423		—		—
		IT support services	30 days	Contract	Yes		256		—		256		—		—
Enex S.A.	Other related parties	Rent spaces for ATM	30 days	Contract	Yes		1,740		—		1,740		—		498
Universidad del Desarrollo	Other related parties	Advertising service	30 days	Contract	Yes		126		—		126		—		—
Universidad Adolfo Ibáñez	Other related parties	Training	30 days	Contract	Yes		272		—		272		—		—
Bolsa Electrónica de Chile S.A.	Minority investments	Brokerage commission	30 days	Contract	Yes		203		—		203		—		1
		Service of financial information	30 days	Contract	Yes		117		—		117		—		—
DCV Registros S.A.	Other related parties	IT services	30 days	Contract	Yes		294		—		294		—		—
Redbanc S.A.	Associates	Electronic transaction management services	30 days	Contract	Yes		17,658		—		17,658		—		1,707
		IT project services	30 days	Contract	Yes		132		—		132		—		—
		Installation services	30 days	Contract	Yes		81		—		81		—		—
		Fraud prevention services	30 days	Contract	Yes		108		—		108		—		—
		IT services	30 days	Contract	Yes		442		—		442		—		—
Depósito Central de Valores S.A.	Other related parties	Quality control and custodial services	30 days	Contract	Yes		833		—		833		—		90
		Custodial services	30 days	Contract	Yes		1,357		—		1,357		—		—
CCLV Contraparte Central S.A.	Minority investments	Brokerage commission	30 days	Contract	Yes		352		—		352		—		22
Manantial S.A.	Other related parties	General expenses	30 days	Contract	Yes		379		—		379		—		—
Sociedad Operadora de la Cámara de Compensación<br> de Pagos de Alto Valor S.A.	Associates	Collection services	30 days	Contract	Yes		881		—		881		—		91
Comder Contraparte Central S.A.	Other related parties	Securities clearing services	30 days	Contract	Yes		529		—		529		—		—
Citigroup Global Markets INC	Other related parties	Brokerage commission	30 days	Contract	Yes		387		—		387		—		29
Transbank S.A.	Associates	Card processing	30 days	Contract	Yes		498		—		498		—		97
		Project consultation	30 days	Contract	Yes		114		—		114		—		—
		Fraud prevention services	30 days	Contract	Yes		87		—		87		—		—
		Exchange commission	30 days	Contract	Yes		79,025		79,025		—		—		—
Centro de Compensación Automatizado S.A.	Associates	Fraud prevention services	30 days	Contract	Yes		657		—		657		—		333
		Collection services	30 days	Contract	Yes		187		—		187		—		—
		Transfer services	30 days	Contract	Yes		2,803		—		2,803		—		—
Artikos Chile S.A.	Joint venture	IT support services	30 days	Contract	Yes		422		—		422		—		2
		IT services	30 days	Contract	Yes		465		—		465		—		—
Citibank N.A.	Other related parties	Connectivity business commissions	Quarterly	Contract	Yes		8,065		8,065		—		3,272		—
Fundación Teletón	Other related parties	Advertising services	30 days	Contract	Yes		449		—		449		—		121
		Donations	30 days	Contract	Yes		1,599		—		1,599		—		—
Canal 13	Other related parties	Advertising service	30 days	Contract	Yes		202		—		202		—		73
Inmobiliaria e Inversiones Capitolio S.A.	Other related parties	Leases	30 days	Contract	Yes		84		—		84		—		—
Nuevos Desarrollos S.A.	Other related parties	Financial lease agreements	30 days	Contract	Yes		180		—		180		—		496
Plaza Vespucio SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		127		—		127		—		154
Plaza Oeste SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		254		—		254		—		810
Plaza del Trebol SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		270		—		270		—		73
Plaza Tobalaba SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		135		—		135		—		113
Plaza La Serena SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		223		—		223		—		543
Inmobiliaria Mall Calama S.A.	Other related parties	Financial lease agreements	30 days	Contract	Yes		141		—		141		—		137

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

43.	RelatedParty Disclosures, continued:
(d)	Payments<br> to the Board of Directors and to key personnel of the management of the Bank and its subsidiaries:
---	---

	2025		2024
	MCh$		MCh$
Board of Directors:
Payment of remuneration and attendance fees of the Board of Directors - Bank and its subsidiaries		3,641		3,500
Other Board expenses		80		78
Key Personnel of the Management of the Bank and its Subsidiaries:
Payment for short-term employee benefits		33,118		33,779
Payment for severance		1,312		4,139
Payment of post-employment benefits to employees		—		—
Payment of long-term employee benefits		—		—
Payment to employees based on shares or equity instruments		—		—
Payment for obligations for defined contribution post-employment plans		—		—
Payment for obligations for post-employment defined benefit plans		—		—
Payment for other staff obligations		—		—
Subtotal		34,430		37,918
Total		38,151		41,496

(e)	Composition<br> of the Board of Directors and key personnel of the Management of the Bank and its subsidiaries:
	2025		2024
---	---	---	---	---
	No. Executives
Board of Directors:		17		17
Directors – Bank and its subsidiaries
Key Personnel of the Management of the Bank and its Subsidiaries:
CEO – Bank		1		1
CEOs – Subsidiaries		5		5
Division Managers / Area – Bank		74		74
Division Managers / Area – Subsidiaries		30		27
Subtotal		110		107
Total		127		124

NOTESTO THE 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 befalls 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 Santiago Stock Exchange, 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue 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 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.

Note that there is also the concept of COLVA for derivatives, which is a valuation adjustment if a derivative is valued using parameters other than those used in the CSA Discounting methodology. As Banco de Chile uses CSA Discounting as the valuation methodology, COLVA is already part of the derivative’s Mark-to-Market (MTM), and no additional adjustment is required for this concept. However, the Bank measures COLVA for internal management purposes, relative 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 instruments at fair value through other comprehensive income. Adjustments for CVA / DVA/FVA/COLVA are made only for derivatives. Also, 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue 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 those 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 daily 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.

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 instruments valued at Fair value:

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

Level<br> 1:	These<br> are financial instruments whose fair value is calculated at quoted prices (unadjusted) in extracted<br> from liquid and deep markets. For these instruments there are quotes or prices (return internal<br> rates, quote value, price) the observable market, so that assumptions are not required to determine<br> 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, Pesos-20, UF-02, UF-03, UF-04, UF-05, UF-07, UF-10, UF-20, UF-30.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue 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 Santiago Stock Exchange and correspond to the standard methodology used in the market.

Level<br> 2:	They<br>are financial instruments whose fair value is calculated based on prices other than in quoted in Level 1 that are observable for the<br>asset or liability, directly (that is, as prices or internal rates of return) or indirectly (that is, derived from prices or internal<br>rates of 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.

The technique used for derivative valuation depends on whether the instrument is impacted by volatility as a relevant market factor. Accordingly, for options, the Black-Scholes-Merton formula is applied, as it incorporates volatility, whereas for other derivatives, such as forwards and swaps, the discounted cash flow 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.

If 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:

Valuation Techniques and Inputs for Level 2 Instrument:

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

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

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

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:
(b)	Level<br> chart:
---	---

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

	Level 1				Level 2				Level 3				Total
	2025		2024		2025		2024		2025		2024		2025		2024
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Financial Assets
Financial Assets held for trading at fair value through profit or loss
Financial Derivative contracts:
Forwards		—		—		377,810		227,670		—		—		377,810		227,670
Swaps		—		—		1,488,810		2,070,481		—		—		1,488,810		2,070,481
Call Options		—		—		332		4,949		—		—		332		4,949
Put Options		—		—		2,515		253		—		—		2,515		253
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		1,869,467		2,303,353		—		—		1,869,467		2,303,353
Debt Financial Instruments:
From the Chilean Government and Central Bank		289,581		210,418		2,508,748		1,285,039		—		—		2,798,329		1,495,457
Other debt financial instruments issued in Chile		—		—		263,104		206,675		14,250		11,273		277,354		217,948
Financial debt instruments issued Abroad		—		—		46,019		976		—		—		46,019		976
Subtotal		289,581		210,418		2,817,871		1,492,690		14,250		11,273		3,121,702		1,714,381
Others		402,259		411,689				—				—		402,259		411,689
Subtotal		691,840		622,107		4,687,338		3,796,043		14,250		11,273		5,393,428		4,429,423
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments: (1)
From the Chilean Government and Central Bank		604,907		550,418		569,399		110,359		—		—		1,174,306		660,777
Other debt financial instruments issued in Chile		—		—		2,285,253		1,303,708		53,673		71,922		2,338,926		1,375,630
Financial debt instruments issued Abroad		—		—		35,739		51,938				—		35,739		51,938
Subtotal		604,907		550,418		2,890,391		1,466,005		53,673		71,922		3,548,971		2,088,345
Financial Derivative contracts for hedging purposes
Forwards		—		—		—		—		—		—		—		—
Swaps		—		—		29,714		73,959		—		—		29,714		73,959
Call Options		—		—		—		—		—		—		—		—
Put Options		—		—		—		—		—		—		—		—
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		29,714		73,959		—		—		29,714		73,959
Total		1,296,747		1,172,525		7,607,443		5,336,007		67,923		83,195		8,972,113		6,591,727
Financial Liabilities
Financial liabilities held for trading at fair value through profit or loss:
Financial Derivative contracts:
Forwards		—		—		456,184		241,632		—		—		456,184		241,632
Swaps		—		—		1,621,709		2,198,068		—		—		1,621,709		2,198,068
Call Options		—		—		870		4,151		—		—		870		4,151
Put Options		—		—		1,459		955		—		—		1,459		955
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		2,080,222		2,444,806		—		—		2,080,222		2,444,806
Others		—		—		512		990		—		—		512		990
Financial derivative contracts for hedging purposes
Forwards		—		—		—		—		—		—		—		—
Swaps		—		—		297,817		141,040		—		—		297,817		141,040
Call Options		—		—		—		—		—		—		—		—
Put Options		—		—		—		—		—		—		—		—
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		297,817		141,040		—		—		297,817		141,040
Total		—		—		2,378,551		2,586,836		—		—		2,378,551		2,586,836
(1)	As<br> of December 31, 2025, 100% of instruments of Level 3 have denomination “Investment<br> Grade”. Also, 100% of total of these financial instruments correspond to domestic issuers.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:
(c)	Level<br>3 reconciliation:
---	---

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

	December 2025
	Balance as of January 1,<br><br> 2025		Gain (Loss) Recognized in Income (1)		Gain (Loss) Recognized in Equity (2)		Purchases		Sales			Transfer from Level 1 and 2		Transfer to Level 1 and 2			Balance as of December 31,<br><br> 2025
	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		11,273		274		—		15,952		(5,698	)		—		(7,551	)		14,250
Subtotal		11,273		274		—		15,952		(5,698	)		—		(7,551	)		14,250
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile		71,922		1,225		473		—		(44,801	)		61,899		(37,045	)		53,673
Subtotal		71,922		1,225		473		—		(44,801	)		61,899		(37,045	)		53,673
Total		83,195		1,499		473		15,952		(50,499	)		61,899		(44,596	)		67,923
	December 2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Balance as of January 1,<br><br> 2024		Gain (Loss) Recognized in Income (1)		Gain (Loss) Recognized in Equity (2)		Purchases		Sales			Transfer from Level 1 and 2		Transfer to Level 1 and 2			Balance as of December 31,<br><br> 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		34,363		1,409		—		25,279		(56,736	)		6,958		—			11,273
Subtotal		34,363		1,409		—		25,279		(56,736	)		6,958		—			11,273
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile		88,483		586		1,682		58,608		(27,961	)		11,268		(60,744	)		71,922
Subtotal		88,483		586		1,682		58,608		(27,961	)		11,268		(60,744	)		71,922
Total		122,846		1,995		1,682		83,887		(84,697	)		18,226		(60,744	)		83,195
(1)	Recorded<br>in income under item “Net Financial Result”.
---	---
(2)	Recorded<br>in equity under item “Accumulated other comprehensive income”.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:
(d)	Sensitivity<br> 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 December 31, 2025					As of December 31, 2024
	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		14,250		(15	)		11,273		(255	)
Subtotal		14,250		(15	)		11,273		(255	)
Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile		53,673		(1,652	)		71,922		(2,320	)
Subtotal		53,673		(1,652	)		71,922		(2,320	)
Total		67,923		(1,667	)		83,195		(2,575	)

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. 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.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:
(e)	Other<br>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
	2025		2024		2025		2024
	MCh$		MCh$		MCh$		MCh$
Assets
Cash and deposits in banks		2,590,986		2,699,076		2,590,986		2,699,076
Transactions in the course of collection		414,419		372,456		414,419		372,456
Subtotal		3,005,405		3,071,532		3,005,405		3,071,532
Financial assets at amortized cost:
Rights under repurchase agreements		100,643		87,291		100,643		87,291
Debt financial instruments		460,937		944,074		435,196		892,550
Loans to Banks:
Domestic banks		—		299,888		—		299,888
Central Bank of Chile		—		—		—		—
Foreign banks		399,123		366,927		397,340		366,245
Subtotal		960,703		1,698,180		933,179		1,645,974
Loans to customers, net:
Commercial loans		19,137,460		19,724,933		18,835,985		19,561,279
Residential mortgage loans		13,874,507		13,180,186		13,957,541		13,000,178
Consumer loans		5,343,032		5,183,917		5,436,873		5,247,985
Subtotal		38,354,999		38,089,036		38,230,399		37,809,442
Total		42,321,107		42,858,748		42,168,983		42,526,948
Liabilities
Transactions in the course of payment		564,172		283,605		564,172		283,605
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,498,196		14,263,303		14,498,196		14,263,303
Time deposits and saving accounts		13,971,968		14,168,703		13,965,200		14,170,156
Obligations under repurchase agreements		286,915		109,794		286,915		109,794
Borrowings from financial institutions		1,296,751		1,103,468		1,278,009		1,071,097
Debt financial instruments issued:
Mortgage finance bonds for residential purposes		521		849		578		946
Mortgage finance bonds for general purposes		—		1		—		1
Bonds		10,800,330		9,689,219		10,725,466		9,596,699
Other financial obligations		367,323		284,479		367,323		284,479
Subtotal		41,222,004		39,619,816		41,121,687		39,496,475
Regulatory capital financial instruments:
Subordinate bonds		1,087,093		1,068,879		1,055,062		1,057,509
Total		42,873,269		40,972,300		42,740,921		40,837,589

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.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:
(f)	Levels<br>of other assets and liabilities:
---	---

The following table shows the estimated fair value of financial assets and liabilities not measured at their fair value, as of December 31, 2025 and 2024:

	Level 1<br> <br>Estimated fair value				Level 2<br> <br>Estimated fair value				Level 3<br> <br>Estimated fair value				Total<br> <br>Estimated fair value
	2025		2024		2025		2024		2025		2024		2025		2024
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Assets
Cash and deposits in banks		2,590,986		2,699,076		—		—		—		—		2,590,986		2,699,076
Transactions in the course of collection		414,419		372,456		—		—		—		—		414,419		372,456
Subtotal		3,005,405		3,071,532		—		—		—		—		3,005,405		3,071,532
Financial assets at amortized cost:
Rights under repurchase agreements		100,643		87,291		—		—		—		—		100,643		87,291
Debt financial instruments		435,196		892,550		—		—		—		—		435,196		892,550
Loans to Banks:
Domestic banks		—		299,888		—		—		—		—		—		299,888
Central Bank of Chile		—		—		—		—		—		—		—		—
Foreign banks		—		—		—		—		397,340		366,245		397,340		366,245
Subtotal		535,839		1,279,729		—		—		397,340		366,245		933,179		1,645,974
Loans to customers, net:
Commercial loans		—		—		—		—		18,835,985		19,561,279		18,835,985		19,561,279
Residential mortgage loans		—		—		—		—		13,957,541		13,000,178		13,957,541		13,000,178
Consumer loans		—		—		—		—		5,436,873		5,247,985		5,436,873		5,247,985
Subtotal		—		—		—		—		38,230,399		37,809,442		38,230,399		37,809,442
Total		3,541,244		4,351,261		—		—		38,627,739		38,175,687		42,168,983		42,526,948
Liabilities
Transactions in the course of payment		564,172		283,605		—		—		—		—		564,172		283,605
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,498,196		14,263,303		—		—		—		—		14,498,196		14,263,303
Time deposits and saving accounts		—		—		—		—		13,965,200		14,170,156		13,965,200		14,170,156
Obligations under repurchase agreements		286,915		109,794		—		—		—		—		286,915		109,794
Borrowings from financial institutions		—		—		—		—		1,278,009		1,071,097		1,278,009		1,071,097
Debt financial instruments issued:
Mortgage finance bonds for residential purposes		—		—		578		946		—		—		578		946
Mortgage finance bonds for general purposes		—		—		—		1		—		—		—		1
Bonds		—		—		10,725,466		9,596,699		—		—		10,725,466		9,596,699
Other financial obligations		—		—		—		—		367,323		284,479		367,323		284,479
Subtotal		14,785,111		14,373,097		10,726,044		9,597,646		15,610,532		15,525,732		41,121,687		39,496,475
Regulatory capital financial instruments:
Subordinate bonds		—		—		—		—		1,055,062		1,057,509		1,055,062		1,057,509
Total		15,349,283		14,656,702		10,726,044		9,597,646		16,665,594		16,583,241		42,740,921		40,837,589

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	FairValue of Financial Assets and Liabilities, continued:
(f)	Levels<br> of other assets and liabilities, continued:
---	---

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

●	Short-term<br> 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<br> assets and liabilities:
Assets:		Liabilities:
---	---	---

-<br> Cash and deposits in banks		-<br> Current accounts and other demand deposits
-<br> Transactions in the course of collection		-<br> Transactions in the course of payments
-<br> Rights under repurchase agreements		-<br> Obligations under repurchase agreements
-<br> Loans to domestic banks (including the Central Bank of Chile)
●	Loans<br> to Customers and Advances to foreign banks: Fair value is determined by using the discounted<br> cash flow model and internally generated discount rates, based on internal transfer rates<br> derived from our internal transfer price process. Once the present value is determined, we<br> deduct the related loan loss allowances to incorporate the credit risk associated with each<br> contract or loan. As we use internally generated parameters for valuation purposes, we categorize<br> these instruments in Level 3.
---	---
●	Debt<br> financial instruments at amortized cost: The fair value is calculated with the methodology<br> of the Stock Exchange, using the IRR observed in the market. Because the instruments that<br> are in this category correspond to Treasury Bonds that are Benchmark, they are classified<br> in Level 1.
---	---
●	Mortgage<br> finance bonds and Bonds: 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,<br> either for the instruments under valuation or instruments with similar features that fit<br> 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<br> valuation technique and the quality of inputs (observable) used for valuation, we categorize<br> these financial liabilities in Level 2.
---	---
●	Saving<br> Accounts, Time Deposits, Borrowings from Financial Institutions (including the Central Bank<br> of Chile), Subordinated Bonds and Other borrowings financial: The discounted cash flow model<br> is used to obtain the present value of committed cash flows by applying a bucket approach<br> 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<br> parameters and/or apply significant judgmental analysis for valuation purposes, we categorize<br> these financial liabilities in Level 3.
---	---

NOTES TO THE 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 December 31, 2025 and 2024. As these are for trading and financial instrument at fair value through other comprehensive income are included at their fair value:

		December<br> 2025
		Demand				Up<br> to 1 month				Over<br> 1 month and <br> up to 3 months				Over<br> 3 month and <br> up to 12 months				Subtotal<br> up to <br> 1 year				Over<br> 1 year and <br> up to 3 years				Over<br> 3 years and <br> up to 5 years				Over 5 years				Subtotal<br> over <br><br> 1 year				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Assets
Cash and deposits in banks			2,590,986				—				—				—				2,590,986				—				—				—				—				2,590,986
Transactions in the course of collection			—				414,419				—				—				414,419				—				—				—				—				414,419
Financial assets held for<br> trading at fair value through profit or loss:
Derivative contracts financial			—				167,124				136,487				323,653				627,264				398,808				386,942				456,453				1,242,203				1,869,467
Debt financial instruments			—				3,121,702				—				—				3,121,702				—				—				—				—				3,121,702
Others			—				402,259				—				—				402,259				—				—				—				—				402,259
Financial assets at fair<br> value through other comprehensive income			—				71,180				341,097				1,162,592				1,574,869				1,339,478				218,817				415,807				1,974,102				3,548,971
Derivative contracts financial<br> for hedging purposes			—				—				—				—				—				9,670				—				20,044				29,714				29,714
Financial assets at amortized<br> cost:
Rights under repurchase agreements			—				79,029				20,337				1,277				100,643				—				—				—				—				100,643
Debt financial instruments (*)			—				—				8,620				—				8,620				133,217				319,119				—				452,336				460,956
Loans to Banks (**)			—				186,241				8,838				204,713				399,792				—				—				—				—				399,792
Loans to customers, net (**)			—				5,567,445				2,215,757				7,141,898				14,925,100				7,033,442				4,612,946				12,620,482				24,266,870				39,191,970
Total<br> financial assets			2,590,986				10,009,399				2,731,136				8,834,133				24,165,654				8,914,615				5,537,824				13,512,786				27,965,225				52,130,879
		December<br> 2025
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Demand				Up to<br> 1 month				Over<br> 1 month and <br> up to 3 months				Over<br> 3 month and <br> up to 12 months				Subtotal<br> up to <br> 1 year				Over<br> 1 year and <br> up to 3 years				Over<br> 3 years and <br> up to 5 years				Over<br> <br> 5 years				Subtotal<br> over <br> 1 year				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Liabilities
Transactions<br> in the course of payment			—				564,172				—				—				564,172				—				—				—				—				564,172
Financial liabilities held<br> for trading at fair value through profit or loss:
Derivative contracts financial			—				206,193				136,315				350,100				692,608				546,890				381,826				458,898				1,387,614				2,080,222
Others			—				203				309				—				512				—				—				—				—				512
Derivative contracts financial<br> for hedging purposes			—				—				—				—				—				4,363				53,287				240,167				297,817				297,817
Financial liabilities at<br> amortized cost:
Current accounts and other demand deposits			14,498,196				—				—				—				14,498,196				—				—				—				—				14,498,196
Time deposits and saving accounts (***)			—				8,929,347				2,863,533				1,765,508				13,558,388				6,467				793				631				7,891				13,566,279
Obligations under repurchase agreements			—				286,915				—				—				286,915				—				—				—				—				286,915
Borrowings from financial institutions			—				64,758				322,064				773,675				1,160,497				136,254				—				—				136,254				1,296,751
Debt financial instruments issued:
Mortgage finance bonds			—				53				34				20				107				83				89				242				414				521
Bonds			—				85,903				412,740				1,120,727				1,619,370				2,516,201				1,715,429				4,949,330				9,180,960				10,800,330
Other financial obligations			—				367,323				—				—				367,323				—				—				—				—				367,323
Lease liabilities			—				2,217				4,435				16,917				23,569				32,855				10,827				7,092				50,774				74,343
Regulatory<br> capital financial instruments			—				2,153				—				105,722				107,875				11,039				9,241				958,938				979,218				1,087,093
Total<br> financial liabilities			14,498,196				10,509,237				3,739,430				4,132,669				32,879,532				3,254,152				2,171,492				6,615,298				12,040,942				44,920,474

Mismatch			(11,907,210	)			(499,838	)			(1,008,294	)			4,701,464				(8,713,878	)			5,660,463				3,366,332				6,897,488				15,924,283				7,210,405
(*)	These<br> balances are presented without deduction of impairment, which amount to Ch$19 million.
---	---
(**)	These<br>balances are presented without deduction of their respective provisions, which amount to Ch$836,971 million for loans to customers and<br>Ch$669 million for borrowings from financial institutions.
(***)	Excludes<br>term saving accounts, which amount to Ch$405,689 million.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

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

		December<br> 2024
		Demand				Up<br> to 1 month				Over<br> 1 month and <br> up to 3 months				Over<br> 3 month and <br> up to 12 months				Subtotal<br> up to <br> 1 year				Over<br> 1 year and <br> up to 3 years				Over<br> 3 years and <br> up to 5 years				Over 5 years				Subtotal<br> over <br><br> 1 year				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Assets
Cash and deposits<br> in banks			2,699,076				—				—				—				2,699,076				—				—				—				—				2,699,076
Transactions in the course<br> of collection			—				372,456				—				—				372,456				—				—				—				—				372,456
Financial assets held for<br> trading at fair value through profit or loss:
Derivative contracts financial			—				87,403				120,813				465,718				673,934				540,872				405,243				683,304				1,629,419				2,303,353
Debt financial instruments			—				1,714,381				—				—				1,714,381				—				—				—				—				1,714,381
Others			—				411,689				—				—				411,689				—				—				—				—				411,689
Financial assets at fair value through other comprehensive income			—				123,164				250,542				683,008				1,056,714				196,319				590,462				244,850				1,031,631				2,088,345
Derivative contracts financial for hedging purposes			—				—				—				4,783				4,783				25,936				15,741				27,499				69,176				73,959
Financial assets at amortized cost:
Rights under repurchase agreements			—				55,295				31,242				754				87,291				—				—				—				—				87,291
Debt financial instruments (*)			—				—				16,833				—				16,833				477,895				131,070				318,311				927,276				944,109
Loans to Banks (**)			—				398,512				57,306				211,885				667,703				—				—				—				—				667,703
Loans to customers, net (**)			—				5,344,299				2,853,497				7,464,859				15,662,655				6,849,850				4,175,945				12,186,670				23,212,465				38,875,120
Total financial assets			2,699,076				8,507,199				3,330,233				8,831,007				23,367,515				8,090,872				5,318,461				13,460,634				26,869,967				50,237,482
		December<br> 2024
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Demand				Up<br> to 1 month				Over<br> 1 month and <br> up to 3 months				Over<br> 3 month and <br> up to 12 months				Subtotal<br> up to <br> 1 year				Over<br> 1 year and <br> up to 3 years				Over<br> 3 years and <br> up to 5 years				Over 5 years				Subtotal<br> over <br><br> 1 year				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Liabilities
Transactions in the course of payment			—				283,605				—				—				283,605				—				—				—				—				283,605
Financial liabilities held<br> for trading at fair value through profit or loss:
Derivative contracts financial			—				80,209				103,327				450,350				633,886				674,660				475,577				660,683				1,810,920				2,444,806
Others			—				580				—				—				580				410				—				—				410				990
Derivative contracts financial<br> for hedging purposes			—				—				—				10,741				10,741				241				28,906				101,152				130,299				141,040
Financial liabilities at amortized cost:
Current accounts and other demand deposits			14,263,303				—				—				—				14,263,303				—				—				—				—				14,263,303
Time deposits and saving accounts (***)			—				9,029,159				2,636,427				2,073,931				13,739,517				53,594				452				547				54,593				13,794,110
Obligations under repurchase agreements			—				109,214				65				515				109,794				—				—				—				—				109,794
Borrowings from financial institutions			—				7,945				161,196				783,552				952,693				150,775				—				—				150,775				1,103,468
Debt financial instruments issued:
Mortgage finance bonds			—				138				140				161				439				40				86				285				411				850
Bonds			—				4,451				134,852				1,033,995				1,173,298				2,577,932				2,043,457				3,894,532				8,515,921				9,689,219
Other financial obligations			—				284,479				—				—				284,479				—				—				—				—				284,479
Lease liabilities			—				2,252				4,728				19,046				26,026				36,552				18,746				10,105				65,403				91,429
Regulatory capital financial instruments			—				1,815				—				112,095				113,910				13,514				11,365				930,090				954,969				1,068,879
Total financial liabilities			14,263,303				9,803,847				3,040,735				4,484,386				31,592,271				3,507,718				2,578,589				5,597,394				11,683,701				43,275,972

Mismatch			(11,564,227	)			(1,296,648	)			289,498				4,346,621				(8,224,756	)			4,583,154				2,739,872				7,863,240				15,186,266				6,961,510
(*)	These<br> balances are presented without deduction of impairment, which amount to Ch$35 million.
---	---
(**)	These<br>balances are presented without deduction of their respective provisions, which amount to Ch$786,084 million for loans to customers and<br>Ch$888 million for borrowings from financial institutions.
(***)	Excludes<br>term saving accounts, which amount to Ch$374,593 million.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

46.	Financial<br>and Non-Financial Assets and Liabilities by Currency:
As of December 31, 2025	CLP			CLF		FX Indexation				COP				CHF					CNY		Others			TOTAL
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$			MCh$		MCh$		MCh		MCh$		MCh	MCh	MCh$			MCh		MCh$		MCh$			MCh$
Assets
Financial assets		24,174,985			22,931,512		187,136		3,762,611			—		18,278		148,857		4,009			13,147			29,502		23,183		51,293,220
Non-Financial assets		2,271,476			7,822		1,209		526,132			—		21		955		68			—			—		—		2,807,683
Total Assets		26,446,461			22,939,334		188,345		4,288,743			—		18,299		149,812		4,077			13,147			29,502		23,183		54,100,903
Liabilities
Financial liabilities		26,552,935			11,209,717		252		6,018,272			—		6,079		129,357		262,499			232,405			18,817		895,830		45,326,163
Non-Financial liabilities		2,392,309			303,470		1,687		274,452			—		5		2,573		571			12			3		123		2,975,205
Total Liabilities		28,945,244			11,513,187		1,939		6,292,724			—		6,084		131,930		263,070			232,417			18,820		895,953		48,301,368
Mismatch of Financial Assets and Liabilities (*)		(2,377,950	)		11,721,795		186,884		(2,255,661	)		—		12,199		19,500		(258,490	)		(219,258	)		10,685		(872,647	)	5,967,057

All values are in US Dollars.

(*)	This<br>value does not consider non-financial assets and liabilities and the notional values of derivative instruments, which are disclosed at<br>fair value.
As of December 31, 2024	CLP			CLF		FX Indexation				COP					CHF					CNY		Others			TOTAL
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$			MCh$		MCh$		MCh		MCh$		MCh	MCh		MCh$			MCh		MCh$		MCh$			MCh$
Assets
Financial assets		21,227,721			22,318,337		171,396		5,307,621			—		35,762		280,162			62,903			18,750			5,462		22,361		49,450,475
Non-Financial assets		2,153,271			49,318		11,699		429,341			—		—		1,273			—			—			—		64		2,644,966
Total Assets		23,380,992			22,367,655		183,095		5,736,962			—		35,762		281,435			62,903			18,750			5,462		22,425		52,095,441
Liabilities
Financial liabilities		25,758,304			10,716,291		176		5,624,828			—		6,837		297,367			170,907			230,051			—		845,804		43,650,565
Non-Financial liabilities		2,143,825			373,949		1,252		299,241			—		26		3,375			2			34			—		171		2,821,875
Total Liabilities		27,902,129			11,090,240		1,428		5,924,069			—		6,863		300,742			170,909			230,085			—		845,975		46,472,440
Mismatch of Financial Assets and Liabilities (*)		(4,530,583	)		11,602,046		171,220		(317,207	)		—		28,925		(17,205	)		(108,004	)		(211,301	)		5,462		(823,443	)	5,799,910

All values are in US Dollars.

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

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, 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 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, and with strict adherence to compliance with the current regulatory framework.

For such purposes, 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 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 as the maximum authority is responsible for establishing risk policies, the Risk Appetite Framework, and the guidelines for the measurement criteria and follow up of risks. Also, it approves the risk limits and contingency plans for each of the risks. Moreover, it approves the following policies: Credit risk policy, operational risk, business continuation, outsourcing, complex products and services, investments in debt instruments, market risk and liquidity risk policy. Likewise, it approves the internal provision and credit risk stress testing models. Additional Provisions Policy and pronounces annually on the sufficient provisions. Additionally, approves the policy of capital management for the monitoring, control, administration and the management of the bank´s capital. Also, it ratifies the strategies, functional structure and comprehensive management model of Operational Risk and guarantees the consistency of this model with the Bank’s strategy and proper implementation of the model in the organization. Along with this, it has approved the risk management policy of the model together with the development framework, validation and follow up of the models. Furthermore, 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 and becomes aware of the evolution of the different risk management areas, participating through its Finance, International and Financial Risk, Credit, Portfolio Risk Committee, Higher Committee on Operational Risk and Capital Management, in which the status of credit, market and operational risks and the Bank’s capital management are reviewed.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

In addition to the Directors’ Committees, the Bank’s Management has the Technical Committee for the Supervision of Internal Models, the Model Risk Management Committee and the Operational Risk Committee, which review specific matters.

The following sections describe the different committees of Directors and Administration mentioned.

Risk Management is developed by the Corporate Risk Division, which by having highly experienced and specialized teams, together with a solid regulatory framework, allows for optimal and effective management of the matters they address.

The Corporate Risk Division contributes 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, identifying potential losses derived from the non-compliance of counterparties, movements in market factors or the lack of adequacy of processes, people or systems, comprehensively contributing to capital management.

Likewise, it continually manages risk knowledge from a comprehensive approach, in order to contribute to the business anticipating threats that may damage the solvency and quality of the portfolio, promoting a unique risk culture towards the Corporation through training and permanent education.

Within this Division, the Bank’s risk functions are integrated as follows, ensuring, at the same time, the correct segregation of functions and independence:

-	Market<br> Risk: Is responsible for developing the function of measuring, limiting, controlling<br> and reporting market risk, along with defining valuation standards and managing the Bank’s<br> assets and liabilities. Moreover, this management is responsible for taking care of the compliance<br> of market risk management policies, liquidity management, investment in debt instruments<br> approved by the board and to communicate promptly the status of market risks in detail accordingly.
-	Wholesale<br> Credit Risk Admission: is responsible for managing, resolving and controlling the approval<br> process of businesses related to the Wholesale segment portfolio, including specific sectors<br> and products for this portfolio, ensuring coherence, compliance and consistency of policies.<br> of credit risk both in the bank and in its subsidiaries.
---	---
-	Retail<br> Admission, Regulations and Risk Transformation: Responsible for defining the credit risk<br> management framework, both for reactive and proactive retail origination, within the defined<br> regulatory scope and risk appetite established by the Bank. Also, the maintenance and implementation<br> of all credit risk strategies associated with the automatic evaluation.
---	---

Manages the regulatory body, policies, standards and procedures of credit risk, adapting the established requirements and processes, for all segments transversally in the Bank. Likewise, it carries out reviews of the quality of the credit process applied to retail banks and the continuous training of executives.

-	Special<br> Asset Management: is responsible for the collection of credits from all of the Bank’s<br> customer segments, with differentiated management in accordance with institutional policies.

In addition, it is responsible for managing the sale of assets recovered by the Bank, coming from credit recovery processes.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

Risk Management Monitoring, Reporting and Control: is responsible for managing and reporting credit risk, especially through monitoring the main portfolio indicators and in-depth analysis of situations and scenarios of special attention, timely detecting problems that may affect certain products, debtors or sectors, with the aim of minimizing the risk assumed and anticipating situations that could lead to credit losses.

Likewise, it provides information to the different government bodies and areas involved in the decision-making process and contributes to providing effective governance to the Corporate Risk Division projects, ensuring regulatory compliance and the correct execution of the projects. Themselves, as well as being responsible for the management control of the Corporate Risk Division.

Risk Models: is responsible for developing, maintaining and updating credit risk models, whether for regulatory or management uses, in accordance with local and international regulations, determining the functional specifications and the most appropriate statistical techniques for the development of the required models. These models are immersed in the measurement and management of model risk carried out by the Model Risk and Internal Control Management, and presented to the corresponding government bodies, such as the Technical Committee for the Supervision of Internal Models, the Portfolio Risk Committee or the Board of Directors, as appropriate.

Additionally, this Area is responsible for managing the process of calculating provisions for credit risk, ensuring the correct execution of the processes and analysis of the results obtained.

-	Model<br> Risk and Internal Control: Is responsible for to managing the risks associated with models<br> and processes, supported by the functions of model validation and monitoring, model risk<br> management, and internal control.

Conducts an independent review, evaluating the quality of the data, modeling techniques, compliance with regulatory provisions, its insertion within the institution and existing documentation. It also tracks the performance of the models and monitors each stage of the life cycle of the models within its scope, with the final purpose of generating mechanisms that allow it to measure and manage the level of model risk to which the Bank is exposed.

Finally, it is responsible for conducting an independent assessment of the internal control environment. For this purpose it has procedures that use the COSO 2013 (Committee of Sponsoring Organizations of the Treadway Commission) framework as a reference, which comprises five components: control environment, risk assessment, control activities, information and communication, and monitoring. This is carried out within the context of complying with local and international regulatory requirements, through the Updated Compilation of Regulations issued by the Financial Market Commission and Section 404 of the Sarbanes-Oxley Act, respectively.

Global Control: Address the operational risk environment and continuity of the business. This management is responsible for managing and supervising the application of policies, standards and procedures in each of the areas within the Bank and Subsidiaries. In relation to the area of Operational Risk, it is in charge for guaranteeing the identification and efficient management of operational risks and promoting a risk culture to prevent financial losses and improve the quality of processes, proposing continuous improvements to risk management, aligned with regulatory requirements of Basel III and business objectives.

NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

As part of the structure, the Business Continuity Management is responsible for the management, control, and administration of recovery strategies in contingency situations. In addition, it ensures the Bank’s operational resilience by maintaining the crisis-management governance model, guaranteeing the continuity of critical services and operations, particularly those related to critical payment products and services. This model is strengthened through a comprehensive resilience framework that includes ongoing training programs, plan updates, and controlled testing to validate the effectiveness of the strategies against disruptive events that may impact the Bank, thereby reinforcing its capacity to respond safely and efficiently. Additionally, the structure includes the role and responsibilities of the Information Security Officer (ISO), who operates independently from the Cybersecurity Division. The ISO’s function is to design and implement controls by monitoring the activities carried out by the organizational units responsible for information security, cybersecurity, and technology risk within the Bank and its subsidiaries.

Additionally, the Bank has the Cybersecurity Division, which is responsible for defining, implementing and reporting the progress of the Strategic Cybersecurity Plan in line with the Bank’s business strategy, with one of its main focuses being to protect internal information, of its clients and collaborators.

This Division consists of the Governance and Identity Management, the Cyber Defense Management and the Technological Risk and Cyber Intelligence Management. The Cybersecurity Management and Subsidiaries Control Department is also part of the division, as a control unit. Section 5 of this Note describes the responsibilities of the indicated Managements.

Committees of Directors and Bank Administration

(i) Finance, 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 their associated results, 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 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.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

(ii) Credit 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 Corporate Risk Division 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.

(iii) Portfolio 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 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) Collection Committee

The purpose of the Collection Committee is fundamentally to ensure the ongoing and proper monitoring of credit collection activities. In particular, it focuses on reviewing the results and evolution of the amounts assigned to collection across the different delinquency stages of each product, as well as the productivity and recovery performance of the various banking segments.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

(v) Senior Operational Risk Committee

The Senior Operational Risk Committee makes any necessary changes to the processes, controls and information systems that support the bank’s transactions, to mitigate operational risks, and assure that areas can appropriately manage and control these risks.

This Committee has 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; ensures 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 accordingly; ensure the long-term solvency of the Organization (business continuity plans, information security and cybersecurity, controls, among others), avoiding risk factors that may jeopardize the continuity of the Bank. To decide about new products and services, and to verify the consistency of the operational risk management policies, business continuation, information security and cyber security 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.

(vi) Capital 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.

(vii) Technical 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 and follow up of credit risk models for both regulatory and internal purposes; 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 the review, leaving approval to the Portfolio Risk Committee and subsequently to the Board of Directors. It is also responsible for ensuring compliance with the model monitoring guidelines, which are also approved by the board of directors.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:

(viii) Model Risk Management Committee

Its main function is to establish and oversee the institution-wide model risk management framework. Among other responsibilities, this committee reviews and discusses the identification and assessment of model risks based on aggregated results, provides guidelines and verifies the consistency of policies with subsidiaries, ensures the updating of the institutional inventory of models and methodologies, reviews the status of observations and action plans, and submits the Model Risk Management Policy to the Board of Directors for review and approval.

(ix) Operational Risk Committee

The Committee is empowered to implement the necessary changes in the processes, controls, and IT systems that support the operations of Banco de Chile, with the aim of mitigating operational risks and ensuring that the several areas properly manage and control these risks. Among the Committee’s main functions are developing a Comprehensive Operational Risk Management Model, explicitly including Information Security, Business Continuity, and Suppliers; overseeing the implementation and/or updating of the regulatory framework related to policies and statutes, development plans, and initiatives of the model, as well as its dissemination throughout the organization. Promote a culture of operational risk management at all levels of the Bank. Review the results of comprehensive risk assessments in operational risk; reviewing the Operational Risk Appetite Framework. Ensure compliance with the current regulatory framework related to operational risk. Review the Bank’s exposure to operational risk and identifying the main operational risks to which it is exposed; becoming aware of major frauds, incidents, operational events, their root causes, impacts, and corrective actions, as well as operational risk assessments; proposing, agreeing on, and/or prioritizing strategies to mitigate major operational risks; ensuring the long-term solvency of the organization (including business continuity plans, information security, controls, among others), avoiding risk factors that could jeopardize the Bank’s continuity; ensuring that Operational Risk policies are aligned with the Bank’s objectives and strategies; reaching consensus on the development of new products and services; Becoming aware of the level of risk to which the Bank is exposed in its outsourced services, among other responsibilities.

(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.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(c)	Measurement<br> Methodology
---	---

Regarding 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. For such purpose, the Bank has 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 allowances 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, to establish the allowances 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 allowances necessary to cover the portfolio risk; for commercial, consumer and mortgage portfolios, these results are compared with the standard models provided by the regulator, with the resulting allowance being the largest between both methods. The consistency analysis of the models is conducted through an independent validation of the unit that develops them and, subsequently, through the analysis of retrospective tests that allow the comparison of the actual losses to expected losses. In March 2024, the CMF issued the regulations that establish the Standardized Methodology for computing Allowances for Consumer Loans, whose provisions became effective beginning on accounting closing of January 2025.

---

To validate the quality and robustness of the risk assessment processes, the Bank annually performs a test of the adequacy of allowances for the total loan portfolio, verifying that the allowances established are adequate to cover the losses that could arise from credit operations granted. The result of this analysis is presented to the Board of Directors, which provides its view on the adequacy of the allowances in each year.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

Banco de Chile establishes additional allowances 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 allowances to be or released is annually proposed to the Portfolio Risk Committee and subsequently to the Board of Directors for approval.

In this context, in January 2025, the Bank released additional allowances because of the impact of the regulatory implementation of the standard consumer matrix.

The monitoring and control of risks are performed 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 industries selected.

The Bank develops its capital planning process on a comprehensive basis 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 that 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, that allows the Bank to identify, evaluate, measure, mitigate and control proactively and in advance all relevant risks that could materialize in the normal course of its business. For such purpose, the Bank uses different management tools and defines an adequate structure of alerts and limits, which are part of such Framework allowing it to constantly monitor the performance of different indicators and implement timely corrective actions, in the cases those are needed. 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 CONSOLIDATEDFINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(2)	CreditRisk:
---	---

Credit risk considers the likelihood that the counterparty in the credit operation will not be able to fulfill its contractual obligation due to inability 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 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 and real estate developments that can generate an environmental impact.

During 2025, progress continued in identifying the risks associated with climate change, producing heat maps for the individual portfolio related to exposure to Physical Risks (at the level of geographic areas within the country) and Transition Risks (at the level of economic sectors). Likewise, within the framework of the regulatory provisions set out in General Rule NCG 519, the Bank is making progress in various areas in preparation for its upcoming entry into force.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement 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 indications of impairment of clients, with respect to the conditions of<br> origin, and also the possible business opportunities with those that present a better payments<br> quality 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 that allow an optimal credit risk<br>management.
---	---

Based on these management principles, the Corporate Risk Division contributes to the business and anticipates threats that may affect the solvency and quality of the portfolio, delivering timely responses to clients, maintaining the solid fundamentals that characterize the Bank’s portfolio in its different segments. and products.

The credit risk management process consists of the stages of Admission, Monitoring and Recovery or Collection for the retail and wholesale business segments to which the Bank provides services.

(a)	Admission:

In the retail segments, admission management is carried out mainly through a risk evaluation that uses scoring tools and credit attribution to approve each operation. These evaluations, for natural persons without a business line and clients in the SME segment, take into consideration the level of indebtedness, the payment capacity and the maximum acceptable exposure for the customer, through information on payment behavior, indebtedness in the financial system and business and financial information, as applicable.

Additionally, the bank has proactive admission processes for a diverse portfolio of clients. These consist of mass evaluation of clients through statistical models of eligibility and payment capacity, generating credit offers aligned with the strategies defined. This makes possible to have preapproved credit offers available through multiple channels taking into consideration the business plan and the relation between risk and return.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

While in the Wholesale segments, the management of admission is conducted through an individual analysis of the client, also the relationship with the rest of the entities, if applicable. This analysis takes into consideration among other factors the capacity to generate cash, the financial situation with emphasize on the equity solvency, the levels of exposure, variables of the industry, evaluation of the shareholders and the management, the specific aspects of the operations like the structure and term of the financing, products and guarantees. The mentioned evaluation is supported by a rating model that permits greater homogeneity in the client analysis and their group.

There are also specialized areas of segments that by their nature need the knowledge of an expert, such as real estate, construction, agriculture, finance, international, among others. These experts support the preparation of the operations having certain tools designed to meet the needs of the specific characteristics of the businesses and their respective risks.

(b)	Follow<br>Up:

From granting a credit until it expires, it is necessary to have a follow up of the behavior and financial situation of the debtor with emphasis on its payment capacity, as the situation of the client and associated risk change over time. Portfolio monitoring allows the bank to act proactively if signs of overall impairment are detected or if the debtor’s ability to meet its obligations is affected.

To properly follow up, methodologies and tools for diverse segments that the bank participates, have been developed, those then permit a proper management of its credit portfolio.

In the retail segments, the control and follow up concentrate on monitoring the main indicators of the portfolio and analysis of the groups, reported in the management reports, generating relevant information for the decision making in different occasions defined. At the same time special follow ups are generated according to the relevant facts of the environment.

While in the wholesale segments, a permanent follow up is carried out through management tools at individual level taking into consideration the business segments, economic sectors. Through this process the alarms are generated that guarantee the correct and prompt recognition of the risk in the portfolio of individuals. The specific conditions established in the admission at the moment of approval like the financial covenants, coverage of certain guarantees and others, are monitored.

Additionally, in the admission area, simultaneous follow up tasks are carried out that permit the monitoring of the development of the operations from the beginning until recovering the capital, having as the objective to make sure that the portfolio´s risks are correctly and promptly identified, at the same time managing proactively the cases with higher risks.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

(c)	Recovery<br>and collection:

The Bank has specific regulations related to customer collection and normalization, which ensure the quality of the portfolio in accordance with credit policies, and the desired risk appetite framework and strict adherence to the current regulatory framework. Through collection management, the clients with temporary cash flow problems are favored, debt normalization plans are proposed for viable clients, so 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 the potential loss.

In the retail segments, the Bank defines refinancing criteria through the establishment of predefined renegotiation guidelines to resolve the debt issues of viable clients with payment intentions, maintaining an adequate risk-return relationship, along with the incorporation of robust tools to differentiated collection management.

In the wholesale segments, when detecting clients that show signs of deterioration or non-compliance with any type or condition, the commercial area to which the client belongs, together with the Corporate Risk Division, establish action plans for their regularization. In those cases of greater complexity where specialized management is required, the Special Asset Management, area is directly in charge of collection management, establishing action plans and negotiations based on the characteristics of each customer.

NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(d)	Portfolio<br> Concentration:
---	---

The maximum exposure to credit risk, by client or counterparty, without taking into account guarantees or other credit enhancements as of December 31, 2025 and 2024, 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 December 31, 2025:

	Chile		United States		England		Brazil		Others		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Financial Assets
Cash and deposits in banks		2,256,651		279,035		7,971		8		47,321		2,590,986
Financial assets held for trading at fair value through profit or loss:
Derivative contracts financial
Forwards (*)		219,698		9,347		73,114		—		75,651		377,810
Swaps (**)		683,270		118,530		575,343		—		111,667		1,488,810
Call Options		332		—		—		—		—		332
Put Options		2,515		—		—		—		—		2,515
Futures		—		—		—		—		—		—
Subtotal		905,815		127,877		648,457		—		187,318		1,869,467
Debt Financial Instruments
From the Chilean Government and Central Bank		2,798,329		—		—		—		—		2,798,329
Other debt financial instruments issued in Chile		277,354		—		—		—		—		277,354
Financial debt instruments issued Abroad		—		46,019		—		—		—		46,019
Subtotal		3,075,683		46,019		—		—		—		3,121,702
Other Financial Instruments
Investments in mutual funds		400,222		—		—		—		—		400,222
Equity instruments		619		—		—		—		—		619
Others		616		802		—		—		—		1,418
Subtotal		401,457		802		—		—		—		402,259
Financial Assets at fair value through other comprehensive income:
Debt Financial Instruments
From the Chilean Government and Central Bank		1,174,306		—		—		—		—		1,174,306
Other debt financial instruments issued in Chile		2,338,926		—		—		—		—		2,338,926
Financial debt instruments issued Abroad		—		35,739		—		—		—		35,739
Subtotal		3,513,232		35,739		—		—		—		3,548,971
Derivatives Hedge Accounting
Forwards		—		—		—		—		—		—
Swaps		—		7,130		22,584		—		—		29,714
Call Options		—		—		—		—		—		—
Put Options		—		—		—		—		—		—
Futures		—		—		—		—		—		—
Subtotal		—		7,130		22,584		—		—		29,714
Financial assets at amortized cost:
Rights under repurchase agreements		100,643		—		—		—		—		100,643
Debt Financial Instruments
From the Chilean Government and Central Bank		460,956		—		—		—		—		460,956
Subtotal		460,956		—		—		—		—		460,956
Loans to Banks
Central Bank of Chile		—		—		—		—		—		—
Domestic banks		—		—		—		—		—		—
Foreign Banks (***)		—		5,024		—		204,397		190,371		399,792
Subtotal		—		5,024		—		204,397		190,371		399,792
Loans to Customers, Net
Commercial loans		19,469,504		—		—		—		39,851		19,509,355
Residential mortgage loans		13,916,618		—		—		—		—		13,916,618
Consumer loans		5,765,997		—		—		—		—		5,765,997
Subtotal		39,152,119		—		—		—		39,851		39,191,970
(*)	Others<br>includes France Ch$70,734 million, Switzerland Ch$4,917million.
---	---
(**)	Others<br>includes France Ch$38,116 million, Spain Ch$26,711 million and Canada Ch$46,840 million.
(***)	Others<br>includes China Ch$122,586 million, South Korea Ch$6,794, Peru Ch$473 million, Netherlands Ch$36,303 million, Singapore Ch$21,658 million and India Ch$2,557 million.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
		Central<br><br> Bank of <br> Chile				Government				Retail<br> <br> (Individuals)				Financial<br> <br> Services				Trade				Manufacturing				Mining				Electricity,<br> <br> Gas and <br> Water				Agriculture<br> <br> and Livestock				Fishing				Transportation and Telecom				Construction				Services				Others				Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Cash<br> and deposits in banks			1,347,525				—				—				1,243,461				—				—				—				—				—				—				—				—				—				—				2,590,986

Financial<br> Assets held for trading at fair value through profit or loss:
Derivative<br> contracts Financial
Forwards			—				—				—				336,264				13,248				6,864				1,297				586				1,437				—				8,506				5,667				3,941				—				377,810
Swaps			—				—				8				1,412,893				2,596				3,106				—				17,419				4,405				33				34,024				2,654				11,672				—				1,488,810
Call Options			—				—				—				58				204				13				—				—				57				—				—				—				—				—				332
Put Options			—				—				—				425				1,866				199				—				—				—				16				—				8				1				—				2,515
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				8				1,749,640				17,914				10,182				1,297				18,005				5,899				49				42,530				8,329				15,614				—				1,869,467

Debt<br> Financial Instruments
From the Chilean Government and Central Bank			2,388,127				410,202				—				—				—				—				—				—				—				—				—				—				—				—				2,798,329
Other debt financial instruments issued in Chile			—				—				—				277,354				—				—				—				—				—				—				—				—				—				—				277,354
Financial debt instruments issued Abroad			—				46,019				—				—				—				—				—				—				—				—				—				—				—				—				46,019
Subtotal			2,388,127				456,221				—				277,354				—				—				—				—				—				—				—				—				—				—				3,121,702

Other<br> Financial Instruments
Investments in mutual funds			—				—				—				400,222				—				—				—				—				—				—				—				—				—				—				400,222
Equity instruments			—				—				—				619				—				—				—				—				—				—				—				—				—				—				619
Others			—				—				—				1,418				—				—				—				—				—				—				—				—				—				—				1,418
Subtotal			—				—				—				402,259				—				—				—				—				—				—				—				—				—				—				402,259

Financial<br> Assets at fair value through Other Comprehensive Income
Debt Financial Instruments
From the Chilean Government and Central Bank			—				1,174,306				—				—				—				—				—				—				—				—				—				—				—				—				1,174,306
Other debt financial instruments issued in Chile			—				—				—				2,254,319				6,658				—				—				11,727				38,011				—				—				—				28,211				—				2,338,926
Financial debt instruments issued Abroad			—				—				—				35,739				—				—				—				—				—				—				—				—				—				—				35,739
Subtotal			—				1,174,306				—				2,290,058				6,658				—				—				11,727				38,011				—				—				—				28,211				—				3,548,971

Derivatives<br> Hedge Accounting
Forwards			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Swaps			—				—				—				29,714				—				—				—				—				—				—				—				—				—				—				29,714
Call Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Put Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				—				29,714				—				—				—				—				—				—				—				—				—				—				29,714

Financial<br> assets at amortized cost (*)
Rights<br> by resale agreements			—				—				—				98,266				—				—				—				—				—				—				—				—				2,377				—				100,643

Debt financial instruments
From the Chilean Government<br> and Central Bank			—				460,956				—				—				—				—				—				—				—				—				—				—				—				—				460,956
Subtotal			—				460,956				—				—				—				—				—				—				—				—				—				—				—				—				460,956

Loans to Banks
Central Bank of Chile			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Domestic banks			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Foreign banks			—				—				—				399,792				—				—				—				—				—				—				—				—				—				—				399,792
Subtotal			—				—				—				399,792				—				—				—				—				—				—				—				—				—				—				399,792
(*)	Economic<br>activity of Loans to customers disclosed in Note 13 letter (g).
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement 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, 2024:

	Chile		United States		England		Brazil		Others		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Financial Assets
Cash and deposits in banks		1,928,373		652,953		20,508		8		97,234		2,699,076
Financial assets held for trading at fair value through profit or loss:
Derivative contracts financial
Forwards (*)		161,046		4,215		30,380		—		32,029		227,670
Swaps (**)		927,824		57,428		917,837		—		167,392		2,070,481
Call Options		3,937		—		1,012		—		—		4,949
Put Options		250		—		3		—		—		253
Futures		—		—		—		—		—		—
Subtotal		1,093,057		61,643		949,232		—		199,421		2,303,353
Debt Financial Instruments
From the Chilean Government and Central Bank		1,495,457		—		—		—		—		1,495,457
Other debt financial instruments issued in Chile		217,948		—		—		—		—		217,948
Financial debt instruments issued Abroad		—		976		—		—		—		976
Subtotal		1,713,405		976		—		—		—		1,714,381
Other Financial Instruments
Investments in mutual funds		408,121		—		—		—		—		408,121
Equity instruments		1,039		—		—		—		—		1,039
Others		1,930		599		—		—		—		2,529
Subtotal		411,090		599		—		—		—		411,689
Financial Assets at fair value through other comprehensive income:
Debt Financial Instruments
From the Chilean Government and Central Bank		660,777		—		—		—		—		660,777
Other debt financial instruments issued in Chile		1,375,630		—		—		—		—		1,375,630
Financial debt instruments issued Abroad		—		51,938		—		—		—		51,938
Subtotal		2,036,407		51,938		—		—		—		2,088,345
Derivatives Hedge Accounting
Forwards		—		—		—		—		—		—
Swaps		—		28,599		40,794		—		4,566		73,959
Call Options		—		—		—		—		—		—
Put Options		—		—		—		—		—		—
Futures		—		—		—		—		—		—
Subtotal		—		28,599		40,794		—		4,566		73,959
Financial assets at amortized cost:
Rights under repurchase agreements		87,291		—		—		—		—		87,291
Debt Financial Instruments
From the Chilean Government and Central Bank		944,109		—		—		—		—		944,109
Subtotal		944,109		—		—		—		—		944,109
Loans to Banks
Central Bank of Chile		—		—		—		—		—		—
Domestic banks		300,042		—		—		—		—		300,042
Foreign Banks (***)		—		—		—		269,191		98,470		367,661
Subtotal		300,042		—		—		269,191		98,470		667,703
Loans to customers, Net
Commercial loans		19,985,358		—		—		—		119,870		20,105,228
Residential mortgage loans		13,218,586		—		—		—		—		13,218,586
Consumer loans		5,551,306		—		—		—		—		5,551,306
Subtotal		38,755,250		—		—		—		119,870		38,875,120
(*)	Others<br>includes France Ch$28,892 million, Spain Ch$2,313 million, Switzerland Ch$765 million and Belgium Ch$59 million.
---	---
(**)	Others<br>includes France Ch$43,194 million, Spain Ch$31,437 million and Canada Ch$92,761 million.
---	---
(***)	Others<br>includes China Ch$32,260 million, Netherlands Ch$26,931 million, Switzerland Ch$24.665 million and Singapore Ch$14,614 million.
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
		Central<br> <br> Bank of <br> Chile				Government				Retail<br> <br> (Individuals)				Financial<br> <br> Services				Trade				Manufacturing				Mining				Electricity,<br> <br> Gas and <br> Water				Agriculture<br> <br> and Livestock				Fishing				Transportation<br> <br> and Telecom				Construction				Services				Others				Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Cash<br> and deposits in banks			1,036,476				—				—				1,662,600				—				—				—				—				—				—				—				—				—				—				2,699,076

Financial Assets<br> held for trading at fair value through profit or loss:
Derivative contracts<br> Financial
Forwards			—				—				—				199,429				3,890				13,094				200				2,394				5,024				315				1,183				638				1,503				—				227,670
Swaps			—				—				—				1,972,003				1,079				7,970				—				13,947				23,613				1,756				37,459				7,758				4,896				—				2,070,481
Call Options			—				—				—				1,182				1,036				1,159				—				—				1,483				—				76				—				13				—				4,949
Put Options			—				—				—				90				137				26				—				—				—				—				—				—				—				—				253
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				—				2,172,704				6,142				22,249				200				16,341				30,120				2,071				38,718				8,396				6,412				—				2,303,353

Debt Financial<br> Instruments
From the Chilean Government and Central<br> Bank			1,217,317				278,140				—				—				—				—				—				—				—				—				—				—				—				—				1,495,457
Other debt financial instruments<br> issued in Chile			—				—				—				217,948				—				—				—				—				—				—				—				—				—				—				217,948
Financial<br> debt instruments issued Abroad			—				—				—				976				—				—				—				—				—				—				—				—				—				—				976
Subtotal			1,217,317				278,140				—				218,924				—				—				—				—				—				—				—				—				—				—				1,714,381

Other Financial Instruments
Investments in mutual funds			—				—				—				408,121				—				—				—				—				—				—				—				—				—				—				408,121
Equity instruments			—				—				—				1,039				—				—				—				—				—				—				—				—				—				—				1,039
Others			—				—				—				2,529				—				—				—				—				—				—				—				—				—				—				2,529
Subtotal			—				—				—				411,689				—				—				—				—				—				—				—				—				—				—				411,689

Financial Assets at fair value through Other Comprehensive Income
Debt Financial<br> Instruments
From the Chilean Government and Central<br> Bank			—				660,777				—				—				—				—				—				—				—				—				—				—				—				—				660,777
Other debt financial instruments<br> issued in Chile			—				—				—				1,342,558				5,202				—				—				11,315				11,503				—				5,052				—				—				—				1,375,630
Financial<br> debt instruments issued Abroad			—				—				—				51,938				—				—				—				—				—				—				—				—				—				—				51,938
Subtotal			—				660,777				—				1,394,496				5,202				—				—				11,315				11,503				—				5,052				—				—				—				2,088,345

Derivatives Hedge Accounting
Forwards			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Swaps			—				—				—				73,959				—				—				—				—				—				—				—				—				—				—				73,959
Call Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Put Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				—				73,959				—				—				—				—				—				—				—				—				—				—				73,959

Financial assets<br> at amortized cost (*)
Rights<br> by resale agreements			—				—				—				82,505				—				—				—				—				—				—				—				—				4,786				—				87,291

Debt financial<br> instruments
From the Chilean<br> Government and Central Bank			—				944,109				—				—				—				—				—				—				—				—				—				—				—				—				944,109
Subtotal			—				944,109				—				—				—				—				—				—				—				—				—				—				—				—				944,109

Loans to Banks
Central Bank of Chile			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Domestic banks			—				—				—				300,042				—				—				—				—				—				—				—				—				—				—				300,042
Foreign banks			—				—				—				367,661				—				—				—				—				—				—				—				—				—				—				367,661
Subtotal			—				—				—				667,703				—				—				—				—				—				—				—				—				—				—				667,703
(*)	Economic<br>activity of Loans to customers disclosed in Note 13 letter (g).
---	---

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:

(e)	Collateral<br> 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<br>commercial loans: Residential and non-residential real estate, liens and inventory.
●	For<br>retail loans: Mortgage 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 255,927 collateral assets as of December 31, 2025 (248,807 in December 2024), the majority of which consist of real estate. The following table contains guarantees value:

			Guarantee
December 2025	Loans		Mortgages		Pledges		Securities		Warrants		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Corporate Lending		14,650,675		3,943,491		132,773		471,893		3,086		4,551,243
Small Business Lending		4,858,680		3,465,683		15,860		10,592		—		3,492,135
Consumer Lending		5,765,997		367,490		439		2,361		—		370,290
Mortgage Lending		13,916,618		13,457,848		63		—		—		13,457,911
Total		39,191,970		21,234,512		149,135		484,846		3,086		21,871,579
			Guarantee
---	---	---	---	---	---	---	---	---	---	---	---	---
December 2024	Loans		Mortgages		Pledges		Securities		Warrants		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Corporate Lending		15,278,242		3,985,392		137,504		559,132		1,345		4,683,373
Small Business Lending		4,826,986		3,465,474		14,464		10,240		—		3,490,178
Consumer Lending		5,551,306		387,195		552		2,500		—		390,247
Mortgage Lending		13,218,586		12,711,594		120		—		—		12,711,714
Total		38,875,120		20,549,655		152,640		571,872		1,345		21,275,512

The Bank also uses mitigating tactics for credit risk on derivative transactions. Through date, the following mitigating tactics are used:

●	Accelerating<br> transactions and net payment using market values at the date of default of one of the parties.
●	Option<br> for both parties to terminate early any transactions with a counterparty at a given date,<br> using market values as of the respective date.
---	---
Margins<br>established with time deposits by customers who have FX forwards with subsidiary Banchile Corredores de Bolsa S.A.
---

NOTES TO THE CONSOLIDATED FINANCIALSTATEMENTS, continued

47.	RiskManagement and Report, continued:
(e)	Collaterals<br> and Other Credit Enhancements, continued:
---	---

The value of the guarantees that the Bank maintains related to the loans individually classified as impaired as of December 31, 2025 and 2024 amounted Ch$190,093 million and Ch$183,021 million, respectively.

The value guarantees related to past due loans but no impaired as of December 31, 2025 and 2024 amounted Ch$545,626 million and Ch$521,142 million respectively.

(f)	Credit<br> 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 13 letter (d).

Below is the detail of the default but not impaired portfolio:

	Past due but not impaired (*)
	1 to 29 days		30 to 59 days		60 to 89 days		90 or more days
	MCh$		MCh$		MCh$		MCh$
December 2025		875,016		233,505		75,726		—
December 2024		837,159		207,787		62,454		—
(*)	These<br>amounts include the overdue portion and the remaining balance of loans in default.
---	---
(g)	Assets<br> Received in Lieu of Payment:
---	---

The Bank has received assets in lieu of payment totaling Ch$24,625 million and Ch$32,929 million as of December 31, 2025 and 2024, respectively, the majority of which are properties. All of these assets are managed for sale.

NOTESTO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(h)	Renegotiated<br> 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:

	2025		2024
Financial Assets	MCh$		MCh$
Loans to Banks
Central Bank of Chile		—		—
Domestic banks		—		—
Foreign banks		—		—
Subtotal		—		—
Loans to customers, net
Commercial loans		504,756		484,156
Residential mortgage loans		322,610		299,599
Consumer loans		365,996		369,183
Subtotal		1,193,362		1,152,938
Total renegotiated financial assets		1,193,362		1,152,938
(i)	Compliance<br> 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:

	December<br><br> 2025			December<br><br> 2024
	MCh$			MCh$
Total related debt		571,097			579,923
Consolidated Total or Regulatory Capital		7,115,175			6,955,292
Limit used %		8.03	%		8.34	%

NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk:
---	---

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 (Price Risk). 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.

a)	Liquidity<br> 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 CONSOLIDATEDFINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(a)	Liquidity<br>Risk, continued:
---	---

The use as of December within 2025 is illustrated below (LCCY = local currency; FCCY = foreign currency):

	MAR LCCY + FCCY<br> BCh$				MAR FCCY<br> MUS$
	1 - 30 days		1 - 90 days			1 - 30 days
Maximum		2,693		4,922	Maximum		1,613
Minimum		604		2,743	Minimum		(71	)
Average		1,550		3,896	Average		718

The Bank also monitors the amount of assets denominated in local currency that is financed 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 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 2025 is illustrated below:

	Cross Currency Funding<br> MUS$
Maximum		3,635
Minimum		604
Average		2,167

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 2025 are shown below:


Maximum	39	%	65	%
Minimum	36	%	60	%
Average	38	%	62	%

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(a)	Liquidity<br>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 because 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.

Through the present date, the CMF establishes the following provisions 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 2025 is illustrated below:

	Adjusted C46 CCY and FCCY<br> as part of Basic Capital						Adjusted C46 FCCY<br> as part of Basic Capital
	1 - 30 days			1 - 90 days			1 - 30 days
Maximum		0.21			0.20			0.28
Minimum		(0.14	)		(0.23	)		0.08
Average		0.01			(0.01	)		0.21
Regulatory Limit		N/A			N/A			1.0

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(a)	Liquidity<br>Risk, continued:
---	---

The individual and consolidated term liquidity gap are presented below:

QUARTERLY STATEMENT OF INDIVIDUAL LIQUIDITY SITUATION

AS OF DECEMBER 31, 2025 CONTRACTUAL BASIS

Values in MCh$

CONSOLIDATED CURRENCY	From 0 to 7 days		From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
Cash flow receivable (assets) and income		693,213		979,445		968,537		1,065,858
Cash flow payable (liabilities) and expenses		2,430,445		2,876,778		3,354,654		4,273,259
Liquidity Gap		1,737,232		1,897,333		2,386,117		3,207,401
FOREIGN CURRENCY	From 0 to 7 days		From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
---	---	---	---	---	---	---	---	---
Cash flow receivable (assets) and income		693,213		979,445		968,537		1,065,858
Cash flow payable (liabilities) and expenses		2,430,445		2,876,778		3,354,654		4,273,259
Liquidity Gap		1,737,232		1,897,333		2,386,117		3,207,401
Limits:
One time capital						5,644,125
AVAILABLE MARGIN (*)						3,258,008
*	In<br>the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$3,258,008,501,010.
---	---

QUARTERLY STATEMENT OF INDIVIDUAL LIQUIDITY SITUATION

AS OF DECEMBER 31, 2025 ADJUSTED BASIS

Values in MCh$

CONSOLIDATED CURRENCY	From 0 to 7 days		From 0 to 15 days			From 0 to 30 days
Cash flow receivable (assets) and income		7,989,676		10,785,433			11,966,865		14,258,609
Cash flow payable (liabilities) and expenses		9,468,044		10,446,546			11,889,594		14,194,574
Liquidity Gap		1,478,368		(338,887	)		(77,271	)	(64,035	)
FOREIGN CURRENCY	From 0 to 7 days		From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
---	---	---	---	---	---	---	---	---
Cash flow receivable (assets) and income		614,569		782,091		630,859		455,068
Cash flow payable (liabilities) and expenses		1,505,781		1,863,160		2,215,807		3,043,888
Liquidity Gap		891,212		1,081,069		1,584,948		2,588,820
Limits:
One time capital						5,644,125
AVAILABLE MARGIN (*)						4,059,177
*	In<br>the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$4,059,177,634,843.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(a)	Liquidity<br> Risk, continued:
---	---

QUARTERLY STATEMENT OF CONSOLIDATED LIQUIDITY SITUATION

AS OF DECEMBER 31, 2025 CONTRACTUAL BASIS

Values in MCh$

CONSOLIDATED CURRENCY	From 0 to 7 days		From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
Cash flow receivable (assets) and income		9,350,866		12,579,070		14,315,907		17,529,813
Cash flow payable (liabilities) and expenses		20,617,686		23,047,061		26,450,839		30,298,214
Liquidity Gap		11,266,820		10,467,991		12,134,932		12,768,401
FOREIGN CURRENCY	From 0 to 7 days		From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
---	---	---	---	---	---	---	---	---
Cash flow receivable (assets) and income		693,213		979,445		968,538		1,065,862
Cash flow payable (liabilities) and expenses		2,430,507		2,876,839		3,354,715		4,273,320
Liquidity Gap		1,737,294		1,897,394		2,386,177		3,207,458
Limits:
One time capital						5,644,125
AVAILABLE MARGIN (*)						3,257,948
*	In<br>the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$3,257,948,417,020.
---	---

QUARTERLY STATEMENT OF CONSOLIDATED LIQUIDITY SITUATION

AS OF DECEMBER 31, 2025 ADJUSTED BASIS

Values in MCh$

CONSOLIDATED CURRENCY	From 0 to 7 days		From 0 to 15 days			From 0 to 30 days
Cash flow receivable (assets) and income		9,018,516		11,843,584			13,043,834		15,347,579
Cash flow payable (liabilities) and expenses		10,353,960		11,335,132			12,788,552		15,093,532
Liquidity Gap		1,335,444		(508,452	)		(255,282	)	(254,047	)
FOREIGN CURRENCY	From 0 to 7 days		From 0 to 15 days		From 0 to 30 days		From 0 to 90 days
---	---	---	---	---	---	---	---	---
Cash flow receivable (assets) and income		614,569		782,091		630,860		455,073
Cash flow payable (liabilities) and expenses		1,505,842		1,863,222		2,215,868		3,043,949
Liquidity Gap		891,273		1,081,131		1,585,008		2,588,876
Limits:
One time capital						5,644,125
AVAILABLE MARGIN (*)						4,059,117
*	In<br>the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$4,059,117,550,856.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	Risk Management and Report, continued:
(3)	Market Risk, continued:
---	---
(a)	Liquidity<br> Risk, continued:
---	---

Liquid Assets Consolidated Balance Statement as of December 31, 2025, values in BCh$

Source: Financial Statements Banco de Chile as of December 31, 2025

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 0.9 times (90%) of the NSFR indicator. The evolution of the LCR and NSFR metrics during the year 2025 are shown below:

	LCR
Maximum		2.13	1.22
Minimum		1.82	1.17
Average		1.97	1.19
Regulatory Limit		1.00	0.9	(*)
(*)	By<br>transitory disposition of the Central Bank of Chile, in Chapter III.B.2.1 of the Compendium of Accounting Standards for Banks, this limit<br>will gradually increase until reaching 1.0 in January 2026.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(a)	Liquidity<br>Risk, continued:
---	---

The contractual maturity profile of the financial liabilities of Banco de Chile and its subsidiaries (consolidated basis), to December 2025 and 2024, is as follows:

	Up to 1<br> month		1 to 3 <br> months		3 to 12 <br> months		1 to 3 <br> years		3 to 5 <br> years		Over<br> 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of December 31, 2025
Transactions in the course of payment		564,172		—		—		—		—		—		564,172
Full delivery derivative transactions		490,271		369,130		724,294		1,153,074		1,027,445		1,247,938		5,012,152
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,498,196		—		—		—		—		—		14,498,196
Time deposits and saving accounts		9,316,902		2,897,857		1,813,808		6,587		793		646		14,036,593
Obligations under repurchase agreements		287,110		—		—		—		—		—		287,110
Borrowings from financial institutions		64,372		318,830		778,352		135,060		—		—		1,296,614
Debt financial instruments issued (all currencies)		18,708		370,475		1,289,167		3,015,473		2,119,402		5,738,729		12,551,954
Other financial obligations		367,323		—		—		—		—		—		367,323
Regulatory capital financial instruments (subordinated bonds)		3,247		—		46,655		92,486		89,240		1,149,624		1,381,252
Total (excluding non-delivery derivative transactions)		25,610,301		3,956,292		4,652,276		4,402,680		3,236,880		8,136,937		49,995,366
Non-delivery derivative transactions		479,836		675,990		775,896		1,529,409		1,014,770		2,214,460		6,690,361
	Up to 1<br> month		1 to 3<br> months		3 to 12<br> months		1 to 3<br> years		3 to 5 <br> years		Over<br> 5 years		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of December 31, 2024
Transactions in the course of payment		283,605		—		—		—		—		—		283,605
Full delivery derivative transactions		728,329		328,138		972,304		1,202,183		861,833		1,490,511		5,583,298
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,263,303		—		—		—		—		—		14,263,303
Time deposits and saving accounts		9,437,781		2,670,440		2,138,233		56,593		450		562		14,304,059
Obligations under repurchase agreements		109,280		66		527		—		—		—		109,873
Borrowings from financial institutions		22,207		159,438		921,822		—		—		—		1,103,468
Debt financial instruments issued (all currencies)		13,893		158,375		1,178,285		2,983,446		2,328,034		4,472,111		11,134,144
Other financial obligations		284,479		—		—		—		—		—		284,479
Regulatory capital financial instruments (subordinated bonds)		3,140		—		48,654		92,974		89,437		1,153,294		1,387,499
Total (excluding non-delivery derivative transactions)		25,146,017		3,316,457		5,259,826		4,335,196		3,279,754		7,116,478		48,453,728
Non-delivery derivative transactions		153,172		399,612		1,201,809		1,385,711		894,295		1,912,040		5,946,639

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(b)	Price<br>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 FVTOCI) 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 2025 is illustrated below:

	Value-at-Risk<br> 99% one-day confidence level
	MCh$
Maximum		1,906
Minimum		516
Average		1,117

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 for short-term measurements and metrics such as Delta EVE sensitivities (Economic Value of Equity) and Delta EVE VaR for long-term measurements. 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(b)	Price<br>Risk, continued:
---	---

The use of EaR within the year 2025 is illustrated below:

	12- months Earnings-at-Risk<br> 99% confidence level 3 months closing period
	MCh$
Maximum		228,919
Minimum		165,929
Average		203,729

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), because 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 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 FVTOCI 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 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 CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	Market Risk, continued:
---	---
(b)	Price<br>Risk, continued:
---	---
	Up to 1<br> month		1 to 3<br> months		3 to 12<br> months		1 to 3<br> years		3 to 5<br> years		Over<br> 5 years		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Assets as of December 31, 2025
Cash and deposits in banks		2,574,653		—		—		—		—		—		2,574,653
Transactions in the course of collection		398,870		—		—		—		—		—		398,870
Financial assets at fair value through other comprehensive income:
Debt financial instruments		122,687		364,977		1,694,489		1,037,150		177,600		151,991		3,548,894
Derivatives Hedge Accounting		1,530		7,885		40,255		564,015		298,745		1,057,656		1,970,086
Financial assets at amortized cost:
Rights under repurchase agreements		57,023		—		—		—		—		—		57,023
Debt financial instruments		—		14,089		7,859		162,583		321,295		—		505,826
Loans to Banks		186,284		8,892		208,407		—		—		—		403,583
Loans to customers, net		5,578,003		2,465,737		8,212,752		8,924,482		5,793,296		16,143,007		47,117,277
Total Assets		8,919,050		2,861,580		10,163,762		10,688,230		6,590,936		17,352,654		56,576,212
	Up to 1<br> month		1 to 3<br> months		3 to 12<br> months		1 to 3<br> years		3 to 5<br> years		Over<br> 5 years		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Assets as of December 31, 2024
Cash and deposits in banks		2,677,676		—		—		—		—		—		2,677,676
Transactions in the course of collection		382,677		—		—		—		—		—		382,677
Financial assets at fair value through other comprehensive income:
Debt financial instruments		143,990		272,612		867,605		490,101		217,174		96,808		2,088,290
Derivatives Hedge Accounting		747		8,544		311,890		442,555		337,594		893,516		1,994,846
Financial assets at amortized cost:
Rights under repurchase agreements		—		—		—		—		—		—		—
Debt financial instruments		—		25,951		11,478		500,385		159,001		306,586		1,003,401
Loans to Banks		398,595		58,098		216,769		—		—		—		673,462
Loans to customers, net		5,417,405		3,126,005		8,684,037		8,875,282		5,369,386		15,070,223		46,542,338
Total Assets		9,021,090		3,491,210		10,091,779		10,308,323		6,083,155		16,367,133		55,362,690

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(b)	Price<br>Risk, continued:
---	---
	Up to 1<br> month		1 to 3<br> months		3 to 12<br> months		1 to 3<br> years		3 to 5<br> years		Over<br> 5 years		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of December 31, 2025
Transactions in the course of payment		571,023		—		—		—		—		—		571,023
Derivatives Hedge Accounting		2,252		2,021		29,606		535,849		354,597		1,481,648		2,405,973
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,526,894		—		—		—		—		—		14,526,894
Time deposits and saving accounts		9,316,902		2,897,857		1,813,808		6,587		793		646		14,036,593
Obligations under repurchase agreements		43,509		—		—		—		—		—		43,509
Borrowings from financial institutions		64,372		318,830		778,352		135,060		—		—		1,296,614
Debt financial instruments issued (*)		18,708		370,475		1,289,167		3,015,473		2,119,402		5,738,729		12,551,954
Other financial obligation		363,649		—		—		—		—		—		363,649
Regulatory capital financial instruments (subordinated bonds)		3,247		—		46,655		92,486		89,240		1,149,624		1,381,252
Total liabilities		24,910,556		3,589,183		3,957,588		3,785,455		2,564,032		8,370,647		47,177,461
	Up to 1<br> month		1 to 3<br> months		3 to 12<br> months		1 to 3<br> years		3 to 5<br> years		Over<br> 5 years		Total
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of December 31, 2024
Transactions in the course of payment		297,983		—		—		—		—		—		297,983
Derivatives Hedge Accounting		1,588		2,755		303,336		381,790		343,096		1,133,338		2,165,903
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,287,507		—		—		—		—		—		14,287,507
Time deposits and saving accounts		9,437,781		2,670,440		2,138,233		56,593		450		562		14,304,059
Obligations under repurchase agreements		9,984		—		—		—		—		—		9,984
Borrowings from financial institutions		21,222		159,438		921,822		—		—		—		1,102,482
Debt financial instruments issued (*)		13,893		158,375		1,178,285		2,983,446		2,328,034		4,472,111		11,134,144
Other financial obligation		284,479		—		—		—		—		—		284,479
Regulatory capital financial instruments (subordinated bonds)		3,140		—		48,654		92,974		89,437		1,153,294		1,387,499
Total liabilities		24,357,577		2,991,008		4,590,330		3,514,803		2,761,017		6,759,305		44,974,040
(*)	Amounts<br>shown here are different from those reported in the liabilities report, which is part of the liquidity analysis, due to differences in<br>the treatment of mortgage bonds issued by the Bank in both reports.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS, continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---

(b)	Price<br>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 FVTOCI 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<br>financial crisis shows market factors fluctuations that are materially larger than those used in the VaR with 99% of confidence level<br>or EaR with 99% of confidence level.
(ii)	The<br>financial crisis also shows that correlations between these fluctuations are materially different from those used in the VaR computation,<br>since a crisis precisely indicates severe disconnections between the behaviors of market factors fluctuations respect to the patterns<br>observed under normal conditions.
---	---
(iii)	Trading<br>liquidity dramatically diminishes during financial distress and especially in emerging markets. Therefore, the overnight VaR number might<br>not be representative of the loss for trading portfolios in such environment since closing exposures period may exceed one business day.<br>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, estimating the changes of the economic and /or accounting value of the financial positions.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---

(b)	Price<br>Risk, continued:

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 FVTOCI 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 FVTOCI 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<br> <br>Trading Book
****	****	CLP Derivatives (bps)		****	****	CLP Bonds (bps)		****	****	CLF Derivatives (bps)		****	****	CLF Bonds (bps)		****	****	Offshore SOFR Derivatives (bps)	****	****	Spread On/Off Derivatives (bps)	****
Less than 1 year			8				89				126				60				34				(65	)
Greater than 1 year			(13	)			126				(24	)			111				33				(23	)

All values are in US Dollars.

bps = basis points.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(b)	Price<br>Risk, continued:
---	---

The worst impact on the Bank’s Trading Book as of December 31, 2025, as a result of the simulation process described above, is as follows:

Most Adverse Stress Scenario P&L Impact<br> <br>Trading Book<br> <br>(MCh$)
CLP Interest Rate	(13,347	)
Derivatives	100
Debt instruments	(13,447	)
CLF Interest Rate	(1,890	)
Derivatives	(823	)
Debt instruments	(1,067	)
Interest rate US SOFR	(2,960	)
SOFR/CAM interest rate spread	(1,247	)
Total Interest rates	(19,444	)
Banking spread	—
Total FX and FX Options	(474	)
Total	(19,918	)

The modeled scenario would generate losses in the Trading Book for Ch$19,918 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 December 31, 2025, which does not necessarily mean a net loss (gain) but a lower (higher) net income from funds generation (resulting in the generation of the net interest rate), is shown below:

Most Adverse Stress Scenario 12-Month Revenue<br> <br>Banking Book<br> <br>(MCh$)
Impact by Base Interest Rate shocks	(262,853	)
Impact due to Spread Shocks	(20,924	)
Higher / (Lower) Net revenues	(283,777	)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:
(3)	MarketRisk, continued:
---	---
(b)	Price<br> Risk, continued:
---	---

The impact on the FVTOCI portfolio it is show in the following 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 fluctuations below, correspond to the ones that generate the most adverse impact.

Average Fluctuations of Market Factors for Maximum Stress Scenario<br> <br>FVTOCI Portfolio
****	****	CLP Bonds (bps)		****	****	CLF Bonds (bps)		****	****	Offshore<br> SOFR Derivatives (bps)	****	****	Spread SOFR/CAM Derivatives (bps)	****
Less than 1 year			151				232				(13	)			(71	)
Greater than 1 year			142				249				6				(30	)

All values are in US Dollars.

bps = basis points

The worst impact on the Bank’s FVTOCI portfolio as of December 31, 2025, because of the simulation process described above, is as follows:

Most Adverse Stress Scenario P&L Impact<br> <br>FVTOCI portfolio<br> <br>(MCh$)
CLP Debt Instrument	(45,843	)
CLF Debt Instrument	(80,393	)
Interest rate US SOFR	11
Banking spread	(4,515	)
Corporative spread	1,719
Total	(129,021	)

The modeled for the FVTOCI Portfolio would generate potential impacts on equity accounts for Ch$129,021 million.

The main negative impact on the Trading Book would occur because of an increase in rates on debt instruments in CLP and CLF 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 CLP and CLF greater than 1 year. For its part, the lowest potential income in the next 12 months in the Banking Book would occur in a scenario of a sharp inflation rates and a limited fall in nominal interest rates.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:
(4)	OtherInformation related to Financial Risks:
---	---

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 of contracts with right to offset						Positive Fair Value of contracts with right to offset						Financial Collateral						Net Fair Value
	2025		2024		2025			2024			2025			2024			2025			2024			2025		2024
	MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$		MCh$
Derivative financial assets		1,899,181		2,377,312		(715,643	)		(817,430	)		(839,686	)		(1,103,430	)		(172,966	)		(169,344	)		170,886		287,108
Derivative financial liabilities		2,378,039		2,585,846		(715,643	)		(817,430	)		(839,686	)		(1,103,430	)		(456,594	)		(334,897	)		366,116		330,089

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement 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 to all activities, products, and systems, and is transversal to the entire organization, encompassing its strategic, business, and support processes. All Bank collaborators are responsible, within their respective areas of responsibility, for managing and controlling the operational risk inherent in their activities, as its materialization can generate 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 Corporate Risk Division administer the management of this risk, through the establishment of a Global Control 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 CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement 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 Global Control 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<br>Management
−	Process<br> Assessment
---	---
−	Testing<br> of Controls
---	---
−	Event<br> Management
---	---
−	Loss<br> Base Management
---	---
−	Profile<br> and Risk Appetite Framework
---	---
−	Execution<br> of Stress Test Models for Operational Risk
---	---
−	Supplier<br> Management
---	---
−	Management<br> Self-Assessment Matrix
---	---
−	Operational<br> Risk Assessment for Projects
---	---
−	Subsidiary<br> Control
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:
(5)	Operational risk, continued:
---	---

All areas mentioned above, together with the corresponding Regulatory Framework and governance structure, perform 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 December 31, 2025 and 2024:

		December 2025												December 2024
Category		Lost<br> <br>gross				Recoveries				Lost<br> <br>net				Lost<br> <br>gross				Recoveries				Lost<br> <br>net
****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****	****	MCh$		****
Internal fraud			85				(1	)			84				61				—				61
External fraud			26,754				(13,528	)			13,226				26,185				(12,738	)			13,447
Work practices and safety in the business position			1,685				—				1,685				1,707				(17	)			1,690
Customers, products and business practices			406				—				406				673				—				673
Damage to physical assets			543				(25	)			518				1,170				(152	)			1,018
Business interruption and system failures			569				(4	)			565				2,451				(1,549	)			902
Execution, delivery and process management			2,194				(161	)			2,033				4,175				(24	)			4,151
Total			32,236				(13,719	)			18,517				36,422				(14,480	)			21,942

Cybersecurity

The Identity Governance Management is responsible for developing, implementing, and improving the identity and access management strategy, protecting data while ensuring operational efficiency and regulatory compliance. It implements IAM technologies and collaborates with all areas of the Corporation, promoting automation and the continuous improvement of access controls.

The Cyber Defense Management is responsible for proactively protecting, monitoring, and eliminating threats and vulnerabilities through automated containment measures, and for managing incidents assertively and in a timely manner, with the objective of safeguarding the Corporation’s information assets based on the prevailing threat landscape.

On the other hand, the Technology Risk and Cyber Intelligence Management aims to identify and manage technology, information security, and cybersecurity risks by identifying threats and vulnerabilities that may expose the Bank’s infrastructure. This assessment allows for evaluating probability and potential impact, preventing attacks, and strengthening strategic decision-making through the management of cyber-intelligence requirements, including the formulation of hypotheses regarding possible attack vectors and malicious behavior.

Finally, the Cybersecurity Management and Subsidiary Control is responsible for managing the cybersecurity strategy, processes, policies, standards, and procedures through a comprehensive approach, supporting risk management as well as cybersecurity projects and budgeting. In its Subsidiary Control role, it maintains a communication channel with the Information Security Officer of each subsidiary to ensure adherence to cybersecurity guidelines, providing advice, support, training, and consulting as needed.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:

To ensure compliance with objectives related to customer service delivery, the bank has a Business Continuity Management, which, through its Policy and Standard, establishes guidelines to manage, control, and administer recovery strategies in contingency situations. It maintains the crisis governance model and ensures the continuity of critical services and operations related to the payment chain through a resilient, comprehensive model that includes plans and controlled tests to mitigate the impact of disruptive events that may affect the bank. Additionally, the role and responsibilities of the Information Security Officer (ISO) are defined, operating independently from the Cybersecurity Division. The ISO’s function is to design and implement controls by monitoring the tasks performed by the organizational units responsible for information security, cybersecurity, and technology risk within the Bank and its subsidiaries.

That is why Business Continuity has available methodologies and controls that contribute to the application of the comprehensive model within the corporation, mainly represented in the following management areas:

−	DocumentManagement: It consists of carrying out methodological processes of updating the documentation that supports Business Continuity<br>in operational and technological areas, with the aim of keeping the strategy implemented in the Bank up to date and in accordance with<br>the guidelines of Business Continuity Management (BCM).
−	BusinessContinuity Tests: It refers to annually scheduled contingency simulations that address the five risk scenarios defined for the Bank<br>(Failure in Technology Infrastructure, Failure in Physical Infrastructure, Massive Absence of Personnel, Failure in Critical Supplier<br>Service and Cybersecurity). These test, allow to maintain constant training and integration of critical personnel operating the payment<br>chain, under the defined contingency procedures that support the Bank’s critical products and services.
---	---
−	CrisisManagement: Internal process of the Bank that maintains and trains the key executive roles associated with the Crisis Groups in conjunction<br>with the main recovery strategies and structures defined in the BCM model. In this way, it constantly strengthens the different areas<br>necessary for preparation, execution and monitoring, that will allow facing crisis events in the Bank.
---	---
−	CriticalSupplier Management: This involves the management, control and testing of Business Continuity Plans implemented by the suppliers<br>involved in the processing of critical products and services for the Bank, associated with the risk scenarios established in direct relation<br>to the contracted service.
---	---

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

47.	RiskManagement and Report, continued:

BusinessContinuity, continued:

−	AlternativeSite Management: It involves the ongoing management and monitoring of secondary physical locations for the Bank’s critical<br>units, with the aim of ensuring the continuity of operations in the event of a failure at the primary site. The objective is to safeguard<br>and maintain the operational and technological capabilities of the alternate sites, reducing recovery times and ensuring effective activation<br>whenever required.
−	Relationswith subsidiaries and External Entities: It consists of the permanent control, management and leveling on the compliance of Subsidiaries<br>under the methodology and strategic lines established by the Bank in crisis environments and Business Continuity Management. It also<br>includes the global management with the requirements of internal and external regulators.
---	---
−	ContinuousImprovement: considers the application of processes, automation and the adaptation of resources used in the internal processes of<br>the Business Continuity Model, with the objective of improving response in the delivery and analysis of information in contingencies,<br>strengthening the managed processes of the BCM.
---	---
−	Training:<br>It includes the development and implementation of processes and training activities under different learning methodologies to strengthen<br>and empower employees on the areas of the Business Continuity Model.
---	---
−	CybersecurityControl: Design and implement independent controls by monitoring the tasks carried out by the organizational units responsible for<br>the Bank’s information security, cybersecurity and technological risk.
---	---

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 Banco de Chile.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

48.	Information<br>on Regulatory Capital and Capital Adequacy Ratios:

Requirementsand 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 2025, 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 2025, 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.

CapitalRequirements

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.

On May, 2023, the Central Bank reported that its board agreed to activate the counter-cyclical core capital buffer for banks, at a local banking industry level, equivalent to 0.5% of the risk-weighted assets of banking institutions, effective beginning in May 2024. In the monetary policy meeting of November 2025, the Central Bank agreed to maintain the same level of 0.5% requirement for the capital buffer.

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 charge must be constituted in a ratio of 25% no later than June 30, 2024. Likewise, this requirement must be recognized at least 56.3% with basic capital in proportion to the minimum legal requirements. On January 17, 2025 the CMF communicated that, as a result of the supervisory process, it decided to maintain the additional capital requirement for Pillar 2 in effect on that date for the equivalent to 0.13% of the APR, which was fully constituted in June 2025. On January 16, 2026, as a result of the supervisory process, the CMF resolved and communicated the removal of the additional Pillar 2 requirement for Banco de Chile.

On April 1, 2025, the CMF reported the result of the annual review of the systemic importance rating for local banks, maintaining an additional basic capital charge of 1.25% of the APR for Banco de Chile.

As of December 1, 2025, the phased implementation of requirements for systemic banks and the gradual adjustments to regulatory capital have been fully completed. From this date onward, the only remaining transitional measure relates to the continued recognition of subordinated bonds issued by banking subsidiaries as effective equity. Furthermore, as of December 1, 2024, the adoption process for the capital conservation buffer was finalized, reaching 2.5% of risk-weighted assets, a requirement fully met by Banco de Chile.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

48.	Informationon 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 effective equity according to Basel III	****	****	****	Local and Overall consolidated		****	****	Local and Overall consolidated		****
Item No.	****	Item description	****	Note	****	December 31, 2025		****	****	December 31, 2024		****
						MCh$				MCh$
1		Total assets according to the statement of financial position					54,100,903				52,095,441
2		Non-consolidated investment in subsidiaries		a			—				—
3		Assets discounted from regulatory capital, other than item 2		b			2,069,627				2,544,175
4		Derivative credit equivalents		c			1,070,598				1,056,941
5		Contingent loans		d			3,110,749				3,104,187
6		Assets generated by the intermediation of financial instruments		e			—				—
7		= (1-2-3+4+5-6) Total assets for regulatory purposes					56,212,623				53,712,394
8.a		Credit risk weighted assets, estimated according to the standard methodology (CRWA)		f			33,093,851				32,704,910
8.b		Credit risk weighted assets, estimated according to internal methodologies (CRWA)		f			—				—
9		Market risk weighted assets (MRWA)		h			1,712,039				1,309,590
10		Operational risk weighted assets (ORWA)		g			4,112,856				4,339,979
11.a		= (8.a/8.b+9+10) Risk-weighted assets (RWA)					38,918,746				38,354,479
11.b		= (8.a/8.b+9+10) Risk-weighted assets, after application of the output floor (RWA)					38,918,746				38,354,479
12		Owner’s equity					5,799,534				5,622,999
13		Non-controlling interest		i			1				2
14		Goodwill		j			—				—
15		Excess minority investments		k			—				—
16		= (12+13-14-15) Core Tier 1 Capital (CET1)					5,799,535				5,623,001
17		Additional deductions to core tier 1 capital, other than item 2		l			155,410				111,087
18		= (16-17-2) Core Tier 1 Capital (CET1)					5,644,125				5,511,914
19		Voluntary provisions (additional) imputed as additional Tier 1 capital (AT1)		m			—				—
20		Subordinated bonds imputed as additional tier 1 capital (AT1)		m			—				—
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		l			—				—
24		= (19+20+21+22-23) Additional Tier 1 Capital (AT1)					—				—
25		= (18+24) Tier 1 Capital					5,644,125				5,511,914
26		Voluntary provisions (additional) imputed as Tier 2 capital (T2)		n			413,673				408,811
27		Subordinated bonds imputed as Tier 2 capital (T2)		n			1,057,377				1,034,567
28		= (26+27) Equivalent tier 2 capital (T2)					1,471,050				1,443,378
29		Discounts applied to T2		l			—				—
30		= (28-29) Tier 2 capital (T2)					1,471,050				1,443,378
31		= (25+30) Effective equity					7,115,175				6,955,292
32		Additional basic capital required for the constitution of the conservation buffer		o			972,969				958,862
33		Additional basic capital required to set up the countercyclical buffer		p			194,594				191,772
34		Additional basic capital required for banks qualified as systemic		q			486,484				359,573
35		Additional capital required for the evaluation of the adequacy of effective equity (Pillar 2)		r			37,946				35,957
a)	Corresponds<br>the value of the investment in subsidiaries that are not consolidated. Applies only in the local consolidation when the bank has foreign<br>subsidiaries, subtracting totally its value in assets and CET1.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

48.	Informationon Regulatory Capital and Capital Adequacy Ratios, continued:
b)	Corresponds<br>the value of the asset items that are subtracted from the regulatory capital, in accordance with the paragraph(a) of title N°3 of<br>chapter 21-30 of the RAN.
---	---
c)	Corresponds<br>the credit equivalents of the derivative instruments, in accordance with the paragraph (b) of title N°3 of chapter 21-30 of the RAN.
---	---
d)	Corresponds<br>the contingent exposure according to the paragraph c) of the title N°3 of chapter 21-30 of the RAN.
---	---
e)	Corresponds<br>the intermediation of financial instrument assets in the name of the bank on behalf of third parties that are consolidated as established<br>in the paragraph d) of the title N°3 of chapter 21-30 of the RAN.
---	---
f)	Corresponds<br>the estimated credit risk weighted assets according to the chapter 21-6 of RAN. If the bank does not have the authorization to apply<br>internal methodologies, needs to inform the field 8.b as zero.
---	---
g)	Corresponds<br>the estimated market risk weighted assets according to the chapter 21-7 of the RAN.
---	---
h)	Corresponds<br>the estimated operational risk weighted assets according to the chapter 21-8 of the RAN.
---	---
i)	Corresponds<br>to the non-controlling interest, depending on the level of consolidation, up to 20% of the owners’ assets.
---	---
j)	Assets<br>that correspond to goodwill.
---	---
k)	Corresponds<br>to the balances of investment assets in non-business support companies that do not participate in the consolidation, above 5% of the<br>owners’ equity.
---	---
l)	In<br>the case of CET1 and T2, banks must estimate the equivalent value for each tier of capital, as well as that obtained by fully applying<br>Chapter 21-1 of the RAN. Then, the difference between the equivalent value and the fully applied value must be weighted by the discount<br>factor in force on the reporting date according to the transitional provisions of Chapter 21-1 of the RAN and reported in this row. In<br>the case of the AT1, the discounts apply directly if they exist
---	---
m)	Provisions<br>and subordinated bonds allocated to additional capital tier 1 (AT1), as established in Chapter 21-2 of the RAN.
---	---
n)	Provisions<br>and subordinated bonds attributed to the equivalent definition of tier 2 capital (T2), as established in Chapter 21-1 of the RAN.
---	---
o)	Corresponds<br>to the additional basic capital (CET1) for the constitution of the conservation buffer, as established in Chapter 21-12 of the RAN.
---	---
p)	Corresponds<br>to the additional basic capital (CET1) for the constitution of the counter-cyclical buffer, as established in Chapter 21-12 of the RAN.
---	---
q)	Corresponds<br>to the additional basic capital (CET1) for banks qualified as systemic, as established in Chapter 21-11 of the RAN.
---	---
r)	Corresponds<br>to the additional capital for the evaluation of the sufficiency of the effective equity (Pillar 2) of the bank, as established in Chapter<br>21-13 of the RAN.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

48.	Informationon Regulatory Capital and Capital Adequacy Ratios, continued:
****	****		****	****	****	Local and Overall consolidated		****	****	Local and Overall consolidated		****
---	---	---	---	---	---	---	---	---	---	---	---	---
No. Item	****	*Capital Adequacy Ratios and Regulatory Compliance according to Basel III Item description ()**	****	Note	****	December 31, 2025		****	****	December 31, 2024		****
						%				%
1		Leverage Ratio (T1 I18/T1 I7)					10,04	%			10.26	%
1.a		Leverage Ratio that the bank must meet, considering the minimum requirements		a			3	%			3	%
2		CET 1 Capital Ratio (T1 I18/T1 I11.b)					14,50	%			14.37	%
2.a		CET 1 Capital Ratio that the bank must meet, considering the minimum requirements		a			5,82	%			5.51	%
2.b		Capital buffer shortfall		b			—				—
3		Tier 1 Capital Ratio (T1 I25/T1 I11.b)					14,50	%			14.37	%
3.a		Tier 1 Capital Ratio that the bank must meet, considering the minimum requirements		a			7,35	%			7.03	%
4		Regulatory Capital Ratio (T1 I31/T1 I11.b)					18,28	%			18.13	%
4.a		Regulatory Capital Ratio that the bank must meet, considering the minimum requirements		a			9,38	%			9.06	%
4.b		Regulatory Capital Ratio that the bank must meet, considering the charge for article 35 bis		c			N/A				N/A
4.c		Regulatory Capital Ratio that the bank must meet, considering the minimum requirements, conservation buffer and countercyclical buffer		b			12,38	%			12.06	%
5		Credit rating		d			A				A
		Regulatory compliance for Capital Adequacy
6		Additional provisions computed in Tier 2 capital (T2) in relation to CRWA (T1 I26/T1 I8.a)		e			1,25	%			1.25	%
7		Subordinated bonds computed as Tier 2 capital (T2) in relation to CET 1 Capital		f			18,23	%			18.40	%
8		Additional Tier 1 Capital (AT1) in relation to CET 1 Capital (T1 I24/T1 I18)		g			—				—
9		Voluntary (additional) provisions and subordinated bonds computed as AT1 in relation to RWAs ((T1 I19+T1 I20)/T1 I11.b)		h			N/A				N/A
(*)	T1<br>Ix: corresponds to item x of the previous table.
---	---
a)	In<br>the case of the leverage indicator, the requirement is 3% without prejudice to the additional requirements for systemic banks that could<br>be set according to the provisions of Chapter 21-30 of the RAN.
---	---

In the case of core capital, the bank considers a charge of 4.5% of risk-weighted assets (RWA) plus the systemic charge and Pillar 2 requirements.

In Tier 1 capital, a value of 6% plus the systemic bank charge and Pillar 2 charge is considered the minimum requirement.

For effective equity, 8% of the RWA is considered, adding to this value the additional charges for systemic bank and Pillar 2.

The systemic bank and Pillar 2 requirements for Banco de Chile are equivalent to 1.25% and 0.13%, respectively. The transitional provisions require 100% of the capital charge per systemic bank (75% as of December 31, 2024) and 100% of the charge for Pillar 2 for Banco de Chile (25% as of December 31, 2024 equivalent to 0.125%) which is covered by 56.3% with basic capital.

b)	The<br>capital buffer deficit must be estimated according to the provisions of Chapter 21-12 of the RAN. This value defines the restriction<br>on the distribution of dividends, as provided in the Chapter mentioned above.

In the case of effective equity, the requirement of 100% of the conservation buffer of 2.5% and a counter-cyclical capital charge are added to the value reported in note 4.a). of 0.5%.

c)	It<br>corresponds to the effective equity requirement in force by article 35 bis of the General Banking Law.
d)	It<br>corresponds to the solvency classification as established in article 61 of the general banking law.
---	---
e)	Limit<br>is equivalent to 1.25% when using standard methodology for determining CRWAs.
---	---
f)	Limit<br>is equivalent to 50% of the basic capital, considering the discounts applied to these instruments according to Chapter 21-1 of the RAN.
---	---
g)	Additional<br>Tier 1 capital cannot exceed 1/3 of core capital.
---	---
h)	Additional<br>provisions and subordinated bonds could be temporarily allocated until November 2023 to AT 1 for up to 1% of the RWA as of December 1,<br>2021. This value decreased annually by 0.5% in accordance with the transitional provisions of Chapter 21-2 of the RAN.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS,continued

49.	Subsequent<br>Events:
(a)	During<br> the period 2026, Banco de Chile has reported as an essential event the following placements<br> in the local market of senior, dematerialized and bearer bonds issued by Banco de Chile and<br> registered with the Securities Registry of the Financial Market Commission:
---	---
Date	Registration number in the Securities Registry	Serie	Amount	Currency	Maturity date	Average rate
---	---	---	---	---	---	---
January<br> 8, 2026 (*)	20240002	HW	750,000	UF	06/01/2044	2.93%
January<br> 12, 2026 (*)	20240002	HW	100,000	UF	06/01/2044	2.92%
January<br> 14, 2026	11/2022	FU	500,000	UF	11/01/2032	2.81%
January<br> 14, 2026	11/2022	GG	350,000	UF	05/01/2035	2.89%
January<br> 14, 2026 (*)	20240002	HW	300,000	UF	06/01/2044	2.91%
January<br> 15, 2026	11/2022	FU	500,000	UF	11/01/2032	2.78%
January<br> 15, 2026 (*)	20240002	HH	400,000	UF	12/01/2036	2.87%
January<br> 15, 2026 (*)	20240002	HW	50,000	UF	06/01/2044	2.89%
(*)	The<br>bonds have been registered under the Automatic Registration modality, with the registration number dated April 5, 2024.
---	---
(b)	On<br>January 21, 2026, Banco de Chile reported that Mr. Francisco Pérez Mackenna submitted his resignation from the positions of Regular<br>Director and Vice Chairman of Banco de Chile, effective January 31, 2026, which was accepted by the Board of Directors. Likewise, the<br>Board agreed to appoint Mr. Óscar Hasbún Martínez as Regular Director, replacing Mr. Francisco Pérez Mackenna,<br>effective February 1, 2026 and until the next Annual General Shareholders’ Meeting. Finally, the Board agreed to appoint Regular<br>Director Mr. Jean-Paul Luksic Fontbona as Vice Chairman of the Board, effective February 1, 2026.
---	---
(c)	On<br>January 29, 2026, the Board of Directors of Banco de Chile agreed to convene an Ordinary Shareholders’ Meeting for March 26, 2026 in<br>order to propose, among other matters, the following distribution of profits for the year ended on December 31, 2025:
---	---
a)	Deduct<br>and withhold from the net income of the year, an amount equivalent to the effect of inflation of the paid capital and reserves according<br>to the variation of the Consumer Price Index that occurred between November 2024 and November 2025, amounting to Ch$182,336,381,737 which will be<br>added to retained earnings from previous periods.
---	---
b)	Distribute<br>in the form of dividend the remaining profit, corresponding to a dividend of Ch$9.99757030464 to each of the 101,017,081,114 shares of the Bank.
---	---

Consequently, it will be proposed a distribution as dividend of 84.7% of the profits for the year ended December 31, 2025.

Additionally, in accordance with the Bank’s Bylaws, and considering the amendment to Article Eight approved at the Extraordinary Shareholders’ Meeting held on November 10, 2025, the election of the Board of Directors to take place at the upcoming Ordinary Shareholders’ Meeting on March 26, 2026 will require the appointment of nine Principal Directors, as well as two Alternate Directors.

The Consolidated Financial Statements of Banco de Chile for the year ended December 31, 2025 were approved by the Directors on January 29, 2026.

In Management’s opinion, there are no other significant subsequent events that affect or could affect the Consolidated Financial Statements of Banco de Chile and its subsidiaries between December 31, 2025 and the date of issuance of these Consolidated Financial Statements.

	****
Héctor Hernández G.	****	Eduardo Ebensperger O.
General Accounting Manager	****	Chief Executive Officer

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: February 3, 2026

	Banco de Chile

	By:	/S/<br> Eduardo Ebensperger O.
		Eduardo<br> Ebensperger O.<br><br> <br>CEO