Operator

Good morning, everyone. I would like to welcome you to the Credicorp Limited Fourth Quarter 2025 Conference Call. A slide presentation will accompany today’s webcast, which is available in the Investors section of Credicorp’s website. Today’s conference call is being recorded.

[Operator Instructions]

Now it is my pleasure to turn the conference over to Credicorp’s IRO, Milagros Cig�e�as. You may begin.

Milagros Cigüeñas
Head of Investor Relations

Thank you, and good morning, everyone. Speaking on today’s call will be Gianfranco Ferrari, our Chief Executive Officer; and Alejandro Perez-Reyes, our Chief Financial Officer. Participating in the Q&A session will also be Francesca Raffo, Chief Innovation Officer; Cesar Rios, Chief Risk Officer; Eduardo Montero, Head of Insurance and Pensions; and [ Jose Navire ], Mibanco, Chief Financial Officer. Before we proceed, I would like to make the following — sorry, and also here in the Q&A session will be Diego Cavero, BCP CEO or Head of Universal Banking.

Before we proceed, I would like to make the following safe harbor statement. Today’s call will contain forward-looking statements, which are based on management’s current expectations and beliefs and are subject to a number of risks and

Company Participants

Brandon Reagan
Joseph Russell – CEO, President & Trustee
H. Boyle – Senior VP, Chief Investment Officer & CFO
Joe Fisher

Conference Call Participants

Nicholas Joseph – Citigroup Inc., Research Division
Eric Wolfe – Citigroup Inc., Research Division
Spenser Allaway – Green Street Advisors, LLC, Research Division
Juan Sanabria – BMO Capital Markets Equity Research
Samir Khanal – BofA Securities, Research Division
Ronald Kamdem – Morgan Stanley, Research Division
Viktor Fediv – Scotiabank Global Banking and Markets, Research Division
Michael Goldsmith – UBS Investment Bank, Research Division
Todd Thomas – KeyBanc Capital Markets Inc., Research Division
Brad Heffern – RBC Capital Markets, Research Division
Ravi Vaidya – Mizuho Securities USA LLC, Research Division
Michael Griffin – Evercore ISI Institutional Equities, Research Division
Hong Zhang – JPMorgan Chase & Co, Research Division
Brendan Lynch – Barclays Bank PLC, Research Division
Eric Luebchow – Wells Fargo Securities, LLC, Research Division
Omotayo Okusanya – Deutsche Bank AG, Research Division

Presentation

Operator

Thank you for standing by, welcome to the Westwood Holdings Group, Inc. Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today’s program is being recorded. And now I’d like to introduce your host for today’s program, Jill Meyer Corporate Security, Secretary and Director of Fiduciary Services. Please go ahead.

Jill Meyer
Director of Fiduciary Services & Corporate Secretary

Thank you, and welcome to our Fourth Quarter 2025 earnings conference call. The following discussion will include forward-looking statements that are subject to known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those contemplated by the forward-looking statements. .

Additional information concerning the factors that could cause such a difference is included in our press release issued earlier today as well as in our Form 10-K for the year ended December 31, 2025, will be filed with the Securities and Exchange Commission.

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on forward-looking statements.

In addition, in accordance with SEC rules concerning non-GAAP financial measures, the reconciliation of our economic earnings and economic earnings per share to those comparable GAAP measures is included at the end of our press release issued earlier today. On the call today, we have Brian Casey, our Chief Executive Officer; and Terry Forbes, our Chief Financial Officer. I will now turn the call over to Brian Casey.