バンコデチリADRの適時開示

6-K 1 ea0299701-6k_bank.htm REPORT OF FOREIGN PRIVATE ISSUER

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of July, 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 ☒ 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 ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

BANCO DE CHILE
REPORT ON FORM 6-K

Attached Banco de Chile’s Consolidated Financial Statements with notes as of June 30, 2026.

SIGNATURE

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

Date: July 31, 2026

	Banco de Chile

	By:	/S/ Eduardo Ebensperger O.
		Eduardo Ebensperger O. CEO

EX-99.1 2 ea029970101ex99-1.htm INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Exhibit 99.1

BANCO DE CHILE AND SUBSIDIARIES

INDEX

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

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

BANCO DE CHILE AND SUBSIDIARIES

INDEX

	Page

Interim Consolidated Financial Information Review Report	1
Interim Consolidated Statements of Financial Position	2
Interim Consolidated Statements of Income	4
Interim Consolidated Statements of Other Comprehensive Income	6
Interim Consolidated Statements of Cash Flows	7
Interim Consolidated Statements of Changes in Equity	9

1.	Company information:	10
2.	Summary of Significant Accounting Policies:	11
3.	New Accounting Pronouncements Issued and Adopted, or Issued that have not yet been Adopted:	45
4.	Changes in Accounting Policies	47
5.	Relevant Events:	48
6.	Business Segments:	50
7.	Cash and Cash Equivalents:	53
8.	Financial Assets Held for Trading at Fair Value through Profit or Loss:	54
9.	Non-trading Financial Assets mandatorily measured at Fair Value through Profit or Loss:	56
10.	Financial Assets and Liabilities designated as at Fair Value through Profit or Loss:	56
11.	Financial Assets at Fair Value through Other Comprehensive Income:	57
12.	Derivative financial instruments for hedging purposes:	59
13.	Financial assets at amortized cost:	62
14.	Investments in Other companies:	81
15.	Intangible Assets:	83
16.	Property and equipment:	84
17.	Right-of-use assets and Lease liabilities:	85
18.	Taxes:	88
19.	Other Assets:	93
20.	Non-current assets and disposal groups held for sale and liabilities included in disposal groups for sale:	94
21.	Financial liabilities held for trading at fair value through profit or loss:	95
22.	Financial liabilities at amortized cost:	96
23.	Regulatory capital financial instruments:	101
24.	Provision for contingencies:	104
25.	Provision for dividends:	108
26.	Special provisions for credit risk:	109
27.	Other Liabilities:	110
28.	Equity:	111
29.	Contingencies and Commitments:	116
30.	Interest Revenue and Expenses:	120
31.	Inflation indexation revenue and expense:	122
32.	Fee and commission income and expense:	124
33.	Net Financial Result:	125
34.	Income from investments in other companies:	126
35.	Income (expense) from non-current assets and disposal groups held for sale not admissible as discontinued operations:	127
36.	Other operating Income and Expenses:	127
37.	Personnel expenses:	128
38.	Administrative expenses:	129
39.	Depreciation and Amortization:	130
40.	Impairment of non-financial assets:	130
41.	Credit loss expense:	131
42.	Income from discontinued operations:	133
43.	Related Party Disclosures:	133
44.	Fair Value of Financial Assets and Liabilities:	140
45.	Maturity according to their remaining Terms of Financial Assets and Liabilities:	152
46.	Financial and Non-Financial Assets and Liabilities by Currency:	154
47.	Risk Management and Report:	155
48.	Information on Regulatory Capital and Capital Adequacy Ratios:	195
49.	Subsequent Events:	199

Interim Consolidated Financial Information Review Report

Shareholders and Directors of

Banco de Chile:

Introduction

We have reviewed the accompanying interim consolidated statement of financial position of Banco de Chile and its Subsidiaries, as of June 30, 2026, and; the related interim consolidated statements of income and other comprehensive income for the six-month and three-month periods ended June 30, 2026, the interim consolidated statements of changes in equity and cash flows for the six-month period then ended, and; the notes to the interim consolidated financial statements, including information on the material accounting policies. Management is responsible for the preparation and fair presentation of this interim consolidated financial information in accordance with the Accounting Standards and Instructions provided by the Financial Market Commission (CMF). Our responsibility is to express a conclusion on this interim consolidated financial information based on our review.

Scope of the review

We have conducted our review in accordance with Standard on Review Engagements 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity.” A review of interim consolidated financial information consists principally of making inquiries of persons responsible for financial and accounting matters, as well as applying analytical procedures and other review procedures. A review is substantially less in scope than an audit performed in accordance with Auditing Standards Generally Accepted in Chile, and accordingly, does not allow us to obtain assurance that all significant matters that could have been identified in an audit have come to our attention. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim consolidated financial information does not present fairly, in all material respects, the interim consolidated financial position of Banco de Chile and its Subsidiaries as of June 30, 2026, their interim consolidated results for the six-month and three-month periods ended June 30, 2026 and their interim consolidated cash flows for the six-month period then ended, in accordance with the Accounting Standards and Instructions issued by the Financial Market Commission (CMF).

Ernesto Guzmán V.

KPMG Ltda.

Santiago, July 30, 2026

© KPMG Auditores Consultores Limitada, a Chilean limited liability company (sociedad de responsabilidad limitada) and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

Santiago

Av. Presidente Riesco 5685,
piso 15, Las Condes

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of June 30, 2026 and December 31, 2025

		June		December
	Notes	2026		2025
		MCh$		MCh$
ASSETS
Cash and deposits in banks	7		1,458,185		2,590,986
Transactions in the course of collection	7		378,716		414,419
Financial assets held for trading at fair value through profit or loss:
Derivative financial instruments	8		1,852,957		1,869,467
Debt financial instruments	8		2,897,767		3,121,702
Others	8		429,705		402,259
Non-trading financial assets mandatorily measured at fair value through profit or loss	9		—		—
Financial assets designated at fair value through profit or loss	10		—		—
Financial assets at fair value through other comprehensive income:
Debt financial instruments	11		4,525,582		3,548,971
Others	11		—		—
Derivative financial instruments for hedging purposes	12		27,342		29,714
Financial assets at amortized cost:
Rights by resale agreements	13		86,263		100,643
Debt financial instruments	13		455,308		460,937
Loans to Banks	13		998,876		399,123
Commercial loans	13		20,110,603		19,137,460
Residential mortgage loans	13		14,134,985		13,874,507
Consumer loans	13		5,183,718		5,343,032
Investments in other companies	14		89,403		87,060
Intangible assets	15		179,144		174,578
Property and equipment	16		177,905		179,414
Right-of-use assets	17		80,076		79,245
Current tax assets	18		1,764		1,846
Deferred tax assets	18		588,267		563,906
Other assets	19		1,550,019		1,696,031
Non-current assets and disposal groups held for sale	20		30,097		25,603
TOTAL ASSETS			55,236,682		54,100,903

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

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of June 30, 2026 and December 31, 2025

		June			December
	Notes	2026			2025
		MCh$			MCh$
LIABILITIES
Transactions in the course of payments	7		604,702			564,172
Financial liabilities held for trading at fair value through profit or loss:
Derivative financial instruments	21		1,956,794			2,080,222
Others	21		1,334			512
Financial liabilities designated as at fair value through profit or loss	10		—			—
Derivative financial instruments for hedging purposes	12		337,539			297,817
Financial liabilities at amortized cost:
Current accounts and other demand deposits	22		14,499,452			14,498,196
Time deposits and saving accounts	22		15,275,002			13,971,968
Obligations by repurchase agreements	22		140,590			286,915
Borrowings from financial institutions	22		1,195,069			1,296,751
Debt financial instruments issued	22		11,112,851			10,800,851
Other financial obligations	22		366,387			367,323
Lease liabilities	17		75,580			74,343
Regulatory capital financial instruments	23		1,107,184			1,087,093
Provision for contingencies	24		149,396			180,548
Provision for dividends	25		310,709			605,955
Special provisions for credit risk	26		774,223			721,282
Current tax liabilities	18		11,483			33,809
Deferred tax liabilities	18		3,207			1,422
Other liabilities	27		1,597,713			1,432,189
Liabilities included in disposal groups held for sale	20		—			—
TOTAL LIABILITIES			49,519,215			48,301,368

EQUITY
Capital	28		2,420,538			2,420,538
Reserves	28		711,658			711,658
Accumulated other comprehensive income
Items that are not reclassified in profit and loss	28		9,218			6,894
Items that can be reclassified to profit and loss	28		(45,562	)		(16,653	)
Retained earnings from previous period	28		2,273,127			2,090,790
Income for the period	28		659,195			1,192,262
Less: Provision for dividends	28		(310,709	)		(605,955	)
Bank´s Shareholders	28		5,717,465			5,799,534
Non-controlling interests	28		2			1
TOTAL EQUITY			5,717,467			5,799,535
TOTAL LIABILITIES AND EQUITY			55,236,682			54,100,903

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

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF INCOME

For the period ended June 30, 2026 and 2025,

		For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	Notes	2026			2025			06.30.2026			06.30.2025
		MCh$			MCh$			MCh$			MCh$

Interest revenue	30		1,376,398			1,345,991			703,951			681,015
Interest expense	30		(467,399	)		(485,652	)		(239,983	)		(250,238	)
Net interest income			908,999			860,339			463,968			430,777

Inflation indexation revenue	31		547,079			442,040			488,374			192,987
Inflation indexation expense	31		(305,034	)		(238,462	)		(272,448	)		(105,518	)
Net inflation indexation income			242,045			203,578			215,926			87,469

Fee and commission income	32		420,032			387,919			212,685			194,926
Fee and commission expense	32		(80,080	)		(75,395	)		(40,356	)		(39,251	)
Net fee and commission income			339,952			312,524			172,329			155,675

Financial result for:
Financial assets and liabilities held for trading	33		78,868			77,807			36,664			35,661
Non-trading financial assets mandatorily measured at fair value through profit or loss	33		—			—			—			—
Financial assets and liabilities designated as at fair value through profit or loss	33		—			—			—			—
Income (expense) from derecognition of financial assets and liabilities at amortized cost and financial assets at FVTOCI	33		7,920			2,046			(85	)		1,033
Exchange, indexation and accounting hedging of foreign currency	33		40,510			49,740			19,440			32,257
Reclassification of financial assets for changes in the business model	33		—			—			—			—
Other financial result	33		—			—			—			—
Net Financial Result	33		127,298			129,593			56,019			68,951

Income from investments in other companies	34		2,699			5,811			2,597			4,077
Income (expense) from non-current assets and disposal groups held for sale not admissible as discontinued operations	35		4,501			972			1,009			732
Other operating income	36		45,417			28,963			10,178			14,883
TOTAL OPERATING INCOME			1,670,911			1,541,780			922,026			762,564

Personnel expenses	37		(281,748	)		(280,438	)		(141,416	)		(139,522	)
Administrative expenses	38		(223,000	)		(214,170	)		(109,036	)		(107,074	)
Depreciation and amortization	39		(48,063	)		(47,355	)		(24,215	)		(23,708	)
Impairment of non-financial assets	40		(333	)		(2,440	)		(154	)		(2,431	)
Other operating expenses	36		(23,455	)		(17,569	)		(13,853	)		(8,199	)
TOTAL OPERATING EXPENSES			(576,599	)		(561,972	)		(288,674	)		(280,934	)

OPERATING RESULT BEFORE CREDIT LOSSES			1,094,312			979,808			633,352			481,630

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

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF INCOME

For the period ended June 30, 2026 and 2025,

		For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	Notes	2026			2025			06.30.2026			06.30.2025
		MCh$			MCh$			MCh$			MCh$

Credit loss expense for:
Provisions for credit risk of loans to banks and loans to customers	41		(262,765	)		(254,302	)		(127,801	)		(104,813	)
Special provisions for credit risk	41		(52,497	)		35,741			(54,370	)		(6,881	)
Recovery of written-off credits	41		33,664			33,676			16,158			16,956
Impairments for credit risk of other financial assets at amortized cost and financial assets at FVTOCI	41		2,340			(1,635	)		933			(1,578	)
Credit loss expense	41		(279,258	)		(186,520	)		(165,080	)		(96,316	)

NET OPERATING INCOME			815,054			793,288			468,272			385,314

Income from continuing operations before income tax			815,054			793,288			468,272			385,314
Income tax	18		(155,859	)		(159,477	)		(77,705	)		(80,447	)

Income from continuing operations after income tax			659,195			633,811			390,567			304,867

Income from discontinued operations before income tax			—			—			—			—
Income tax from discontinued operations	18		—			—			—			—

Income from discontinued operations after income tax	42		—			—			—			—

NET INCOME FOR THE PERIOD	28		659,195			633,811			390,567			304,867

Attributable to:
Bank´s Shareholders	28		659,195			633,811			390,567			304,867
Non-controlling interests			—			—			—			—

Earnings per share:		$			$			$			$
Basic earnings	28		6.53			6.27			3.87			3.01
Diluted earnings	28		6.53			6.27			3.87			3.01

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

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME

For the period ended June 30, 2026 and 2025

		For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	Notes	2026			2025			06.30.2026			06.30.2025
		MCh$			MCh$			MCh$			MCh$

NET INCOME FOR THE PERIOD	28		659,195			633,811			390,567			304,867

ITEMS THAT WILL NOT BE RECLASSIFIED TO PROFIT OR LOSS
Re-measurement of the liability (asset) for net defined benefits and actuarial results for other employee benefit plans	28		53			(62	)		—			—
Fair value changes of equity instruments designated as at FVTOCI	28		3,103			(242	)		2,319			1,250
Fair value changes of financial liabilities designated as at fair value through profit or loss attributable to changes in the credit risk of the financial liability	28		—			—			—			—
Others	28		—			—			—			—
OTHER COMPREHENSIVE INCOME THAT WILL NOT BE RECLASSIFIED TO PROFIT OR LOSS BEFORE TAX			3,156			(304	)		2,319			1,250

Income tax on other comprehensive income that will not be reclassified to profit or loss	28		(832	)		(431	)		(608	)		(330	)

TOTAL OTHER COMPREHENSIVE INCOME THAT WILL NOT BE RECLASSIFIED TO INCOME AFTER TAXES	28		2,324			(735	)		1,711			920

ITEMS THAT CAN BE RECLASSIFIED TO PROFIT OR LOSS
Fair value changes of financial assets at FVTOCI	28		(15,213	)		7,731			(9,084	)		5,428
Cash flow hedges	28		(20,197	)		12,102			37,333			21,986
Participation in other comprehensive income of entities registered under the equity method	28		(15	)		26			85			21

OTHER COMPREHENSIVE INCOME THAT WILL BE RECLASSIFIED TO INCOME BEFORE TAXES			(35,425	)		19,859			28,334			27,435

Income tax on other comprehensive income that can be reclassified in profit or loss	28		6,516			(4,057	)		(9,442	)		(6,476	)

TOTAL OTHER COMPREHENSIVE INCOME THAT WILL BE RECLASSIFIED TO PROFIT OR LOSS AFTER TAX	28		(28,909	)		15,802			18,892			20,959

TOTAL OTHER COMPREHENSIVE INCOME FOR THE PERIOD	28		(26,585	)		15,067			20,603			21,879

CONSOLIDATED COMPREHENSIVE INCOME FOR THE PERIOD			632,610			648,878			411,170			326,746

Attributable to:
Bank´s Shareholders			632,610			648,878			411,170			326,746
Non-controlling interests			—			—			—			—

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

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS

For the period ended June 30, 2026 and 2025

			June			June
	Notes		2026			2025
			MCh$			MCh$
CASH FLOW FROM OPERATING ACTIVITIES:
Net operating income, before income tax				815,054			793,288
Income tax		18		(155,859	)		(159,477	)
Net income for the period				659,195			633,811
Debit (credits) to profit or (loss) that do not represent movements in cash flows:
Depreciation and amortization		39		48,063			47,355
Impairment of non-financial assets		40		333			2,440
Allowances established for credit risk				265,146			261,264
Provisions for contingent loans		41		(2,224	)		27,967
Additional provisions		41		50,000			(69,035	)
Fair value of debt financial instruments held for trading at FVTPL				4,606			(3,226	)
Change in deferred tax assets and liabilities		18		(22,346	)		(6,982	)
Net gain from investments in associates and joint ventures		34		(2,162	)		(5,407	)
Net gain on sale of assets received in payments				(712	)		(817	)
Net gain on sale of property and equipment		35		(4,863	)		(2,508	)
Write-off assets received in lieu of payment or foreclosed at judicial auction		35		7,451			8,740
Other debits (credits) that do not represent cash flows				704			7,324
Net change in exchange rates, interest, indexation and fees accrued on assets and liabilities				268,631			339,681

Changes due to (increase) decrease in assets and liabilities affecting the operating flow:
Net (increase) decrease in loans to banks				(605,261	)		414,514
Net (increase) decrease in loans to customers				(1,170,997	)		(637,794	)
Net (increase) decrease of debt financial instruments held for trading at FVTPL				(112,340	)		14,663
Net (increase) decrease in other assets and liabilities				183,401			199,225
Increase (decrease) in deposits and other demand deposits				(1,222	)		(327,182	)
Increase (decrease) in repurchase agreements				(151,710	)		19,887
Increase (decrease) in deposits and other time deposits				1,285,856			1,155,053
Sale of assets received in lieu of payment				12,027			12,447
Increase (decrease) in obligations with foreign banks				(122,475	)		236,526
Increase (decrease) in other financial obligations				(2,772	)		(81,382	)
Increase (decrease) in obligations with the Central Bank of Chile				—			—
Net increase (decrease) of debt financial instruments at FVTOCI				(992,970	)		(858,814	)
Net (increase) decrease of financial instruments at amortized cost				10,062			378,650
Total net cash (used in) from operating activities				(396,579	)		1,766,400

CASH FLOW FROM INVESTING ACTIVITIES:
Leasehold improvements		17		(164	)		(272	)
Property and equipment purchase		16		(12,317	)		(6,419	)
Property and equipment sale				7,905			3,249
Sale of investments in companies				—			—
Acquisition of intangibles		15		(26,722	)		(26,344	)
Dividend received of investments in companies				3,286			3,778
Total net cash used in investing activities				(28,012	)		(26,008	)

CASH FLOW FROM FINANCING ACTIVITIES:
Attributable to the interest of the owners:
Redemption and payment of interest of mortgage finance bonds of credit				(93	)		(208	)
Redemption and payment of interest on senior bonds				(861,013	)		(712,983	)
Redemption and payment of interest on subordinated bonds				(27,016	)		(26,278	)
Senior bonds issuance		22		746,856			1,106,388
Subordinated bonds issuance				—			—
Payment of ordinary share dividends		28		(1,009,925	)		(995,380	)
Principal and interest payments for obligations under lease contracts		17		(14,982	)		(15,527	)
Attributable to non-controlling interest:
Dividend payment and/or withdrawals of paid-in capital related to the subsidiaries corresponding to the non-controlling interest				—			—
Total net cash used in financing activities				(1,166,173	)		(643,988	)

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FOR THE PERIOD				(1,590,764	)		1,096,404

Effect of exchange rate fluctuations on cash and cash equivalents				49,914			(66,073	)

Cash and cash equivalents at the beginning of the period		7		5,322,146			4,489,586

Cash and cash equivalents at the end of the period		7		3,781,296			5,519,917

	June		June
	2026		2025
Interest operating cash flow:	MCh$		MCh$

Interest and indexation received	1,726,378		1,790,065
Interest and indexation paid	(676,292	)	(652,299	)

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

BANCO DE CHILE AND SUBSIDIARIES

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS

For the period ended June 30, 2026 and 2025

Reconciliation of liabilities arising from financing activities:

						Changes from non-cash Flow items
	12.31.2025		Net Cash Flow			Acquisition / (Disposals)		Foreign currency		UF Movement		Changes other than Cash		06.30.2026
	MCh$		MCh$			MCh$		MCh$		MCh$		MCh$		MCh$

Mortgage finance bonds		521		(93	)		—		—		13		—		441
Bonds		11,887,423		(141,173	)		—		56,085		417,259		—		12,219,594
Dividends paid		605,955		(1,009,925	)		—		—		—		714,679		310,709
Obligations for lease contracts		74,343		(14,982	)		13,669		—		2,550		—		75,580
Dividend payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest		—		—			—		—		—		—		—
Total liabilities from financing activities		12,568,242		(1,166,173	)		13,669		56,085		419,822		714,679		12,606,324

						Changes from non-cash Flow items
	12.31.2024		Net Cash Flow			Acquisition / (Disposals)		Foreign currency			UF Movement		Changes other than Cash		06.30.2025
	MCh$		MCh$			MCh$		MCh$			MCh$		MCh$		MCh$

Mortgage finance bonds		850		(208	)		—		—			15		—		657
Bonds		10,758,098		367,127			—		(59,744	)		333,283		—		11,398,764
Dividends paid		597,228		(995,380	)		—		—			—		706,405		308,253
Obligations for lease contracts		91,429		(15,527	)		5,059		—			2,811		—		83,772
Dividend payment and/or withdrawals of paid-in capital in respect of the subsidiaries corresponding to the non-controlling interest		—		—			—		—			—		—		—
Total liabilities from financing activities		11,447,605		(643,988	)		5,059		(59,744	)		336,109		706,405		11,791,446

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

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

For the period between January 1, and June 30, 2026 and 2025

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

Balances as of January 1, 2025			2,420,538		709,742		3,777			2,488,942			5,622,999			2			5,623,001
Dividends distributed and paid	28		—		—		—			(995,380	)		(995,380	)		(1	)		(995,381	)
Application of provision for payment of common stock dividends			—		—		—			597,228			597,228			—			597,228
Provision for payment of common stock dividends			—		—		—			(308,253	)		(308,253	)		—			(308,253	)
Subtotal: transactions with owners during the period			—		—		—			(706,405	)		(706,405	)		(1	)		(706,406	)
Net Income for the period 2025	28		—		—		—			633,811			633,811			—			633,811
Other comprehensive income for the period	28		—		1,916		15,067			—			16,983			—			16,983
Subtotal: Comprehensive income for the period			—		1,916		15,067			633,811			650,794			—			650,794
Balances as of June 30, 2025			2,420,538		711,658		18,844			2,416,348			5,567,388			1			5,567,389
Dividends distributed and paid			—		—		—			—			—			—			—
Application of provision for payment of common stock dividends			—		—		—			—			—			—			—
Provision for payment of common stock dividends			—		—		—			(297,702	)		(297,702	)		—			(297,702	)
Subtotal: transactions with owners during the period			—		—		—			(297,702	)		(297,702	)		—			(297,702	)
Net Income for the period 2025			—		—		—			558,451			558,451			—			558,451
Other comprehensive income for the period			—		—		(28,603	)		—			(28,603	)		—			(28,603	)
Subtotal: Comprehensive income for the period			—		—		(28,603	)		558,451			529,848			—			529,848
Balances as of December 31, 2025			2,420,538		711,658		(9,759	)		2,677,097			5,799,534			1			5,799,535
Dividends distributed and paid	28		—		—		—			(1,009,925	)		(1,009,925	)		1			(1,009,924	)
Application of provision for payment of common stock dividends	28		—		—		—			605,955			605,955			—			605,955
Provision for payment of common stock dividends	28		—		—		—			(310,709	)		(310,709	)		—			(310,709	)
Subtotal: transactions with owners during the period			—		—		—			(714,679	)		(714,679	)		1			(714,678	)
Net Income for the period 2026	28		—		—		—			659,195			659,195			—			659,195
Other comprehensive income for the period	28		—		—		(26,585	)		—			(26,585	)		—			(26,585	)
Subtotal: Comprehensive income for the period			—		—		(26,585	)		659,195			632,610			—			632,610
Balances as of June 30, 2026			2,420,538		711,658		(36,344	)		2,621,613			5,717,465			2			5,717,467

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

BANCO DE CHILE AND SUBSIDIARIES

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

As of June 30, 2026 and 2025 and December 31, 2025

1.	Company information:

Banco de Chile (“The Bank”) has been 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 successor of Banco de Chile resulting from the merger of the Banco Nacional de Chile, Banco Agrícola and Banco de Valparaiso, which was incorporated by public deed dated October 28, 1893, granted before the Notary Public of Santiago, Mr. Eduardo Reyes Lavalle, and authorized by Supreme Decree of dated November 28, 1893.

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

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

Banco de Chile’s registered office is located at Ahumada 251, Santiago, Chile and its website is www.bancochile.cl.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

(b)

Basis of Consolidation:

The Interim Consolidated Financial Statements of Banco de Chile for the period ended June 30, 2026 and 2025 and December 31, 2025, have been consolidated with its subsidiaries. The Interim 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(b)

Basis of Consolidation, continued:

−

Subsidiaries:

Interim Consolidated Financial Statements for the period ended June 30, 2026 and 2025 and December 31, 2025 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 interest
				Direct				Indirect						Total
			Functional	June		December		June		December		June		December
Rut	Subsidiaries	Country	Currency	2026		2025		2026		2025		2026		2025
					%		%		%		%		%		%

96,767,630-6	Banchile Administradora General de Fondos S.A.	Chile	Ch$		99.98		99.98		0.02		0.02		100.00		100.00
96,543,250-7	Banchile Asesoría Financiera S.A.	Chile	Ch$		99.96		99.96		—		—		99.96		99.96
77,191,070-K	Banchile Corredores de Seguros Ltda.	Chile	Ch$		99.83		99.83		0.17		0.17		100.00		100.00
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	Ch$		99.70		99.70		0.30		0.30		100.00		100.00
77,955,969-6	Operadora de Tarjetas Banchile Pagos S.A.	Chile	Ch$		99.90		99.90		0.10		0.10		100.00		100.00

−

Investments in associates and joint ventures:

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

Investments in associates where the entity has 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” are recognized using the equity method of accounting.

The investment in other companies that, for 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(b)

Basis of Consolidation, 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 compensation in line with the services provided and in accordance with 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, to determine whether that role is Agent or Principal.

The Bank and its subsidiaries manage investments and mutual funds on behalf and for the benefit of investors, acting only as an Agent in this relationship. Under this category, and as per the aforementioned regulation, it does not control such funds when exercising their authority to make decisions. Accordingly, as of June 30, 2026 and 2025 acting as agents, are not controlled and therefore not consolidated by the Bank or its subsidiaries.

(c)

Non-controlling interest:

Non-controlling interest represents the share of losses, income and net assets that the Bank does not control, either directly or indirectly,. It is presented as a separate item in the Consolidated Statements of Income and the Consolidated Statements of Financial Position.

(d)

Use of Estimates and Judgment:

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

Impairment losses on assets and liabilities (Notes 11, 13, 15, 16, 17 and 40);

Allowance for credit losses (Notes 13, 26 and 41);

Expenses for amortization of intangible assets, depreciation of property and equipment and leased assets and lease liabilities (Notes 15, 16 and 17);

Current and deferred taxes (Note 18);

Provision for contingencies (Note 24);

Contingencies and commitments (Note 29);

Fair 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 period ended June 30, 2026, there have been no significant changes in the estimates made.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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:

Classification of financial assets:

On initial recognition, a financial asset is classified within the following categories: Financial assets held for trading at fair value through profit or loss; 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 financial asset is held within a business model whose objective is to hold financial assets to collect contractual cash flows and

The contractual terms of the financial asset give rise on specified dates to cash flows that 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 is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets and

The contractual terms of the financial asset give rise on specified dates to cash flows that 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(e)

Financial Assets, continued:

Measurement of financial assets:

Initial recognition:

Financial assets are initially recognized at fair value plus, in the case of a financial asset that is not carried at fair value through profit or loss, the transaction costs that are directly attributable to its 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.

Subsequent measurement:

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.

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 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(e)

Financial Assets, continued:

Financial assets 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 by resale agreements (Note 13 (a)).

Debt financial instruments (Note 13 (b)).

	-	Loans to Banks (Note 13 (c)).

	-	Loans 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(e)

Financial Assets, continued:

−

Rights and Obligations by 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 by resale 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 by 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 by 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 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 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(e)

Financial Assets, continued:

(iii)

Factoring 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, 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 of portfolio	Category of debtors	Probability of default (%) PD	Loss given default (%) LGD	Expected loss (%) EL
Normal Loans	A1	0.04	90.0	0.03600
	A2	0.10	82.5	0.08250
	A3	0.25	87.5	0.21875
	A4	2.00	87.5	1.75000
	A5	4.75	90.0	4.27500
	A6	10.00	90.0	9.00000

Substandard Loans	B1	15.00	92.5	13.87500
	B2	22.00	92.5	20.35000
	B3	33.00	97.5	32.17500
	B4	45.00	97.5	43.87500

Allowances for Normal and Substandard Loans:

To determine the amount of allowances to be 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, 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 subject to allowances, (Loans + Contingent Loans) – Financial or real guarantees

Guaranteed 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, 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	Allowance (%)
Non-performing loans	C1	Up to 3%	2
	C2	More than 3% up to 20%	10
	C3	More than 20% up to 30%	25
	C4	More than 30 % up to 50%	40
	C5	More than 50% up to 80%	65
	C6	More than 80%	90

For calculation purposes, the following must be considered:

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

Where:

Exposure Amount

Recoverable Amount

Allowance 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 obligation of the debtor with the bank are more than 30 calendar days overdue.

No new refinances agreements have been granted to pay their obligations.

At least one of the payments includes amortization of capital.

If the debtor has any loan with partial payment periods less than six months, they have already made two payments.

If the debtor must pay monthly fees for one or more loans, at least, four consecutive dues have been paid.

The debtor does not have direct debts unpaid in the CMF compiled information, except in the case of insignificant amounts are involved.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, 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 aggregate exposure to a single counterparty does not exceed 0.2% of the total commercial 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

−

Standard method of provisions for group portfolio.

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

(a)

Residential mortgage portfolio

The provision factor applicable, represented by expected loss over the mortgage loans, will depend on 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 factor applicable according to delinquency and CMG
		Days of default at the end of the month
CMG section	Concept	0	1-29	30-59	60-89	Non-performing 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:

: Probability of default

LGD

: Loss given default

EAD

: Exposure at default

CMG

: Outstanding loan capital /Mortgage Guarantee value

(b)

Commercial portfolio

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

●

Commercial Leasing Operations

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

Probability of default (PD) applicable according to default and type of asset (%)
	Type of asset
Days of default of the operation at the month-end	Real estate	Non-real estate
0	0.79	1.61
1-29	7.94	12.02
30-59	28.76	40.88
60-89	58.76	69.38
Portfolio in default	100.00	100.00

Loss given the default (LGD) applicable according to PVB section and type of asset (%)
PVB = Current value of the operation / Value of the leased asset
PVB section	Real estate	Non-real estate
PVB ≤ 40%	0.05	18.20
40% < PVB ≤ 50%	0.05	57.00
50% < PVB ≤ 80%	5.10	68.40
80% < PVB ≤ 90%	23.20	75.10
PVB > 90%	36.20	78.90

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

●

Generic commercial loans and factoring

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

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

Loss given the default (LGD) applicable according to PTVG section (%)
Collateral (with / without)	PTVG section	Generic commercial operations or factoring without the responsibility of the transferor	Factoring with the responsibility of the transferor
With collateral	PTVG ≤ 60%	5.00	3.20
	60% < PTVG≤ 75%	20.30	12.80
	75% < PTVG ≤ 90%	32.20	20.30
	90% < PTVG	43.00	27.10
Without collateral		56.90	35.90

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

The invoices assigned in the factoring operations will not be considered for purposes of calculating the PTVG. The excess of collateral associated with mortgage loans referred to in numeral 3.1.1 Residential mortgage portfolio in Chapter B-1 of 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

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

The last valuation of the collateral, be it appraisal or fair value, according to the type of real guarantee in question. For the determination of fair value, the criteria indicated in Chapter 7-12 (Fair Value of Financial Instruments) of the RAN should be considered.

Possible situations that could be causing temporary increases in the values of the collaterals.

Limitations on the amount of coverage established in their respective clauses.

(c)

Consumer 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 default rate: This corresponds to the maximum default rate (in days) for the consumer portfolio, including consumer leasing transactions, that the debtor has with the bank at the end of the month for which provisions are being determined. For clients with more than one transaction, the maximum value obtained from all of them is used. This variable is measured by considering all entities that comprise the institution’s overall consolidated level.

●

30 days in default in the financial system: This variable applies to whether the debtor has at least one direct debt in default for 30 days or more in any of the three months prior to the date on which the provisions are calculated. This variable is calculated based on the debtor’s defaults with all credit providers for which information is available. This variable includes the list of debtors reported by the CMF, as well as the bank itself at a global consolidated level, and the various financial products. It excludes only loans subject to a communication ban under Law No. 19,628 on the Protection of Privacy.

●

Having a mortgage Loan: This variable determines whether the borrower has a current mortgage loan in the financial system. In this case, the bank uses the most recent information available at the date the provisions are being calculated, considering the list of borrowers reported by the CMF, in addition to the bank’s own consolidated data.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

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

	With a mortgage loan for housing in the system		No mortgage loan for housing in the system
Maximum default level in the month and bank (range in days that includes extremes	No default greater than 30 days in the system	With a default greater than 30 days in the system	No default greater than 30 days in the system	With a default greater than 30 days in the system
0 and 7	3.3%	14.6%	6.6%	19.8%
8 and 30	20.4%	41.6%	30.6%	48.5%
31 and 60	50.2%	63.0%	65.1%	66.3%
61 and 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 for housing in the system		33.2	%		47.7	%		49.5	%
No mortgage loan for housing in the system		33.2	%		56.6	%		60.3	%

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

●

“Automotive leasing and credit operations” will be considered those loans where the transaction is intended to finance the acquisition of private vehicles, which remain as collateral (pledge) in favor of the institution. Consumer financial leasing operations are also considered in this category.

●

“Installment Credits” will correspond to those registered in the item Consumer Credits in Installments of Chapter C-3 of the CNC, to the extent that these have been granted upon signing of a promissory note that clearly establishes the amount of capital, term, rate and number of installments, without a predefined use of the funds (free disposal) and does not correspond to the previous category.

●

If a loan does not fall under either of the two previous definitions, but is classified as consumer loans, the LGD value assigned to the “Credit cards and lines, and other consumer loans” category must be applied.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, 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 obligation of the debtor with the bank with more than 30 calendar days overdue.

No new refinances granted to pay its obligations.

At least one of the payments includes amortization of capital.

If the debtor has a credit with partial payment periods less than six months, has already made two payments.

If the debtor must pay monthly fees for one or more credits, has paid four consecutive dues.

The debtor does not appear with unpaid debts direct according to the information recast by CMF, except for insignificant amounts.

(iii)

Impaired portfolio.

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

In case of individually assessed debtors, includes credits from “Non-performing loans” and those classified in categories B3 and B4 of “Substandard Portfolio”.

These debtors subject to collective assessment includes all credits of the “Non- performing loans”.

(iv)

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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

−

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 Bank, based on all available information, concludes that will not obtain any cash flow of the credit recorded as an asset.

When the debt without executive title expires 90 days after it was recorded in asset.

	-	At the expiration of the statute of limitations for actions to demand payment through an executive trial, or at the time of rejection or abandonment of the execution of the judgment by final court resolution.

When past-due term of a transaction reaches the charge-off term disposed below:

Type of Loan		Term
Consumer loans - secured and unsecured		6 months
Other transactions - unsecured		24 months
Commercial loans - secured		36 months
Residential mortgage loans		48 months

The term 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.

−

Charge-offs of lease operations

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

The Bank concludes that there is no possibility of the rent recoveries and the value of the property cannot be considered for purposes of recovery of the contract, either because the lessee has not the asset, for the property’s conditions, for expenses that involve its recovery, transfer and maintenance, due to technological obsolescence or absence of a history of your location and current situation.

When it complies the prescription term of actions to demand the payment through executory or upon rejection or abandonment of executory by court.

When a contract has been in default reach the period of time indicated below:

Type of Loan		Term
Consumer leases		6 months
Other non-real estate lease transactions		12 months
Real estate leases (commercial 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(f)

Allowances for credit losses, continued:

(v)

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.

(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:

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

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

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

−

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

The Bank applies the value impairment requirements for the recognition and measurement of 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.

(h)

Financial liabilities:

Classification of financial liabilities:

Financial liabilities are classified in the following categories:

Financial liabilities at amortized cost.

Financial liabilities held for trading at fair value through profit or loss: Financial instruments are recorded in this item when the Bank’s objective is to generate profits through purchases and sales with these instruments. This item includes financial derivative instruments held for trading that are liabilities, which will be measured subsequently at fair value.

Financial liabilities designated at fair value through profit or loss: The Bank has the option to irrevocably designate, at the time of initial recognition, a financial liability as measured at fair value through profit or loss if the application of this criterion eliminates or significantly reduces inconsistencies in the measurement or recognition, or if it is a group of financial liabilities, or a group of financial assets and liabilities, that is managed, and its performance evaluated, based on fair value in line with a risk management or investment strategy.

Measurement of financial liabilities:

Initial measurement:

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).

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

Subsequent measurement:

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.

Financial liabilities 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).

(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 of the financial asset are transferred during a transaction in which all ownership risks and rewards of the financial asset are transferred. Any portion of transferred financial assets that is created or retained by the Bank is recognized as a separate asset or liability.

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

−

If substantially all risks and rewards of ownership of the financial asset have been transferred, it is derecognized, and any rights or obligations created or retained upon transfer are recognized separately as assets or liabilities.

−

If substantially all risks and rewards of ownership of the financial asset have been retained, the Bank continues to recognize it.

−

If substantially all risks and rewards of ownership of the financial asset are neither transferred nor retained, the Bank will determine if it has retained control of the financial asset. In this case:

If the Bank has not retained control, the financial asset will be derecognized, and any rights or obligations created or retained upon transfer will be recognized separately as assets or liabilities.

If the Bank has retained control, it will continue to recognize the financial asset in the Consolidated Statement of Financial Position for an amount equal to its exposure to changes in value that can experience and recognize a financial liability associated to the transferred financial asset.

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(j)

Offset of financial assets and liabilities:

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 shown net only if accounting standards allow such treatment, 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 Financial Statements of each of the entities of Banco de Chile and its subsidiaries are presented using the currency of the primary economic environment in which it operates (functional currency). The functional currency of Banco de Chile is the Chilean peso, which is also the currency used to present the entity’s consolidated financial statements.

(l)

Foreign currency transactions:

Transactions in currencies other than the functional currency are considered to be in foreign currency and are initially recorded at the exchange rate of the functional currency on the transaction date. Monetary assets and liabilities denominated in foreign currencies are converted using the exchange rate of the functional currency as of the date of the Statement of Financial Position, for profit or loss the exchange rate corresponding to each month-end is applied. All differences are recorded as a debit or credit to profit or loss.

As of June 30, 2026 and 2025, 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$921.00 per US$1 (Ch$931.28 per US$1 as of June 30, 2025).

As of June 30, 2026, the amount of Ch$40,510 million corresponds to the net income from exchange, indexation and accounting hedging of foreign currency (net gain of Ch$49,740 million as of June 30, 2025) 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 indexed to exchange rate.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(m)

Operating Segments:

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 it conducts business activities from which income is obtained and expenses are incurred (including income and expense from transactions with other components of the same entity).

That its operating results are regularly reviewed by the entity’s highest decision-making authority for operating decisions, to decide on the resources to be allocated to the segment and assess its performance; and

For 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 and cash equivalents: corresponds to the item “Cash and deposits in banks”, plus (minus) the net balance corresponding to transactions pending settlement that are shown in the Consolidated Statement of Financial Position, plus other cash equivalents such as investments in short-term debt financial instruments that meet the criteria to be considered “cash equivalents”, for which they must have an original maturity of 90 days or less from the date of acquisition, be highly liquid, readily convertible into known amounts of cash from the date of the initial investment, and that the financial instruments are exposed to an insignificant risk of changes in value.

Operating activities: corresponds the principal revenue-producing activities of the Bank and other activities that are not investing or financing activities.

Investing activities: correspond to the acquisition and disposal of long-term assets and other investments not included in cash and cash equivalents.

Financing activities: corresponds to the activities that result in changes in the size and composition of the contributed equity and of liabilities that are not part of operating and investing activities.

NOTES TO THE INTERIM 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 fair value hedge of existing assets or liabilities or firm commitments.

A 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 the inception of the hedge, the hedging relationship has been formally documented.

the hedge is expected to be highly effective.

the effectiveness of the hedge can be measured reliably.

the hedge is highly effective in relation to the hedged risk, on a continuous basis throughout the entire hedging relationship.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(p)

Derivative instruments for accounting hedges, continued

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

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

2.	Summary of Significant Accounting Policies, continued:

(r)

Property and equipment:

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 periods 2026 and 2025 are as follows:

	- Buildings	50 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 it 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(t)

Provisions, contingent assets and liabilities:

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

as a result of a past event, the Bank has a present or constructive obligation;

it is probable that at the reporting date an outflow of economic benefits will be required from the Bank or its subsidiaries to settle the obligation; and

the 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 credit lines: Considers the unused amounts of lines of credit that allow customers to use credit without previous decisions by the Bank.

Undrawn credit lines with immediate termination: Considers those undrawn credit lines, defined in the preceding paragraph, that the Bank can unconditionally cancel at any time and without prior notice, or whose automatic cancellation is considered in the event of impairment of the debtor’s creditworthiness, as permitted by the current legal framework and the contractual conditions established between the parties.

Contingent loans linked to CAE: Correspond to loan commitments granted in accordance with Law No. 20,027 (“CAE”).

Letters of credit for goods circulation operations: Considers the commitments that arise, both to the issuing bank and to the confirming bank, from self-settled commercial letters of credit with a maturity period of less than 1 year, arising from goods circulation operations (e.g., confirmed foreign or documentary letters of credit). Includes documentary letters of credit issued by the Bank, which have not yet been negotiated.

Debt purchase commitments in local currency abroad: Note issuance facility (NIF) and revolving underwriting facility (RUF) are considered.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(t)

Provisions, contingent assets and liabilities, continued:

Transactions related to contingent events: Guarantee bonds with promissory notes referred to in Chapter 8-11 of the Updated Standards Compilation are considered.

Guarantees and sureties: Includes guarantees, sureties and standby letters of credit referred to in Chapter 8-10 of the Updated Standards Compilation. In addition, it includes the payment guarantees of buyers in factoring operations, as indicated in Chapter 8-38 of such Compilation.

Other loan commitments: It includes the unplaced amounts of committed loans that are to be disbursed on an agreed future date or triggered by events contractually defined with the customer, as is the case with irrevocable credit lines tied to the progress of projects (for provisions purposes, both the gross exposure referred to in No. 3 and future increases in the amount 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 of contingent loan	Credit Conversion Factor
Undrawn credit lines with immediate termination		10	%
Contingent loans linked to CAE		15	%
Letters of credit for goods circulation operations		20	%
Other undrawn credit lines		40	%
Debt purchase commitments in local currency abroad		50	%
Transactions related to contingent events		50	%
Guarantees and sureties		100	%
Other credit commitments		100	%
Other contingent loans		100	%

When dealing with transactions performed with customers with overdue loans, that exposure shall be equivalent to 100% of 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(v)

Employee benefits:

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

Short-term employee benefits are employee benefits (other than termination benefits) that are expected to be settled in full before twelve months after the end of the annual reporting period in which the employees have rendered the related services (Note 24 letter (c)).

Accrued vacations

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

Other 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.

(w)

Earnings per share:

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

Diluted earnings per share are determined similarly to basic earnings, but the weighted average number of outstanding shares is adjusted to take into account the potential dilutive effect of the options on shares, warrants and convertible debt. At the end of the periods ended June 30, 2026 and 2025 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(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”.

In accordance with IFRS 15, revenue is recognized based on the contractual terms agreed upon with customers. Such revenue is recognized when, or as, a performance obligation is satisfied through the transfer of the committed goods or services to the customer, or when control of those goods or services is transferred to the customer.

Under IFRS 15, revenue recognition must be determined based on the nature of the committed goods or services. The most significant recognition criteria include the following:

−

Those that correspond to a singular act, when the act that originates them takes place.

−

Those that originate in transactions or services that are extended over time, during the life of such transactions or services.

−

Commissions on loan commitments and other fees related to loan transactions are deferred (together with the incremental costs directly related to the placement) and recognized as an adjustment to the effective interest rate of the placement. For loan commitments, when there is no certainty of the date of effective placement, fees and commissions are recognized in the period of the commitment that originates it on a straight-line basis.

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

−

Commissions for loan prepayment: These commissions are accrued at the time the loans are prepaid.

−

Commissions for lines of credit and overdrafts: These commissions are accrued in the period related to the granting of lines of credit and overdrafts in current accounts.

	−	Commissions for guarantee and letters of credit: These commissions are accrued in the period related to the granting by the Bank of payment guarantees for real or contingent obligations of third parties.

−

Commissions for card services: Correspond to commissions accrued for the period, related to the use of credit cards, debit cards and other.

−

Commissions for account management: Includes commissions that accrue in the period related to the maintenance of current accounts and other deposit accounts.

−

Commissions for collections and payments: Includes commissions generated by the collection and payment services provided by the Bank.

−

Commissions for intermediation and management of securities: correspond to income from brokerage service, placements, administration and custody of securities.

−

Remuneration for management of mutual funds, investment funds or others: corresponds to the commissions from the General Fund Administrator for the administration of third-party funds.

−

Remuneration for brokerage and insurance consulting services: includes income from brokerage and insurance advice by the Bank or its subsidiaries is included.

−

Commissions for factoring operation services: include commissions for factoring operations services performed by the Bank.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

(y)

Fee and commission income and expenses, continued:

−

Commissions for financial consulting services: includes commissions for financial advisory services performed by the Bank and its subsidiary.

−

Other commissions received: includes income generated from foreign currency exchange, issuance bank guarantees, issuance of bank check, use of distribution channels, agreement on the use of a brand and placement of financial products and cash transfers, and recognition of payments associated with commercial alliances, among others.

Commission expenses include:

−

Commissions for card operations: includes commissions paid for credit and debit card operations.

−

Commissions for licensing the use of card brands.

−

Expenses for obligations of loyalty and merits programs for card customers.

−

Commissions for operations with securities: includes commissions for deposit and custody of securities and brokerage of securities.

−

Other commissions for services received: includes commissions for guarantees and sureties of Bank obligations, for foreign trade operations, for correspondent banks in the country and abroad, for ATMs and electronic fund transfer services.

−

Commissions for compensation of large value payments: corresponds to commissions paid to entities such as ComBanc, CCLV Contraparte Central, etc.

(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 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

2.	Summary of Significant Accounting Policies, continued:

−

The Bank acting as lessee

A contract is, or contains a lease, if one party has the right to control the use of an identified asset for a period of time in exchange for a regular payment (Note 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.

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 June 30, 2026, the balance of additional allowances amounts to Ch$681,217 million (Ch$631,217 million as of December 2025), which are presented in the caption “Special provisions for Credit risk” in Liabilities in the Consolidated Statement of Financial Position.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Summary of Significant Accounting Policies, continued:

(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.

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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

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

Standards and interpretations that have been adopted in these Consolidated Financial Statements.

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

Accounting standards issued by IASB.

IFRS 9 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:

Derecognition of 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.

Classification of 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.

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

New Standards and interpretations issued but not yet effective:

The following is a summary of new standards, interpretations and improvements to the International Financial Reporting Standards (IFRS Accounting Standards) issued by the International Accounting Standards Board (IASB) and the CMF that are not yet effective as of June 30, 2026:

Accounting standards issued by IASB.

IAS 28 Investments in Associates and Joint Ventures 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 resulting 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.

IFRS 18 – 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:

Improving the comparability of the statement of income.

Higher transparency in measuring performance defined by Management.

More 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 upon the amendment of the CNCB.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

IFRS 19 – Subsidiaries without Public Accountability: Disclosures

In May 2024, the IASB issued 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 preparation costs of the financial statements of subsidiaries without public accountability, 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 has public accountability if:

It has debt instruments or capital that is subject to trade on a public market or if it is in the process of issuing such instruments to negotiate on a public market; or

Manages fiduciary assets for a broad group of outsiders 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 has no public accountability; and

Its ultimate Parent or any other intermediate Parent issued consolidated financial statements that are available for public use and comply with IFRS.

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

Bill Proposal

During the second quarter of 2026, the Chilean National Congress began consideration of the National Reconstruction and Economic and Social Development Bill, which includes, among other measures, a gradual reduction over a three-year period of the First Category Income Tax rate from 27% to 23%.

In accordance with IAS 12, Income Taxes, deferred tax assets and liabilities are measured using tax rates that have been enacted or substantively enacted as of the reporting date. Accordingly, as of June 30, 2026, no effect related to this bill proposal has been recognized. However, if the legislation is enacted and published under terms substantially similar to those currently proposed, the Bank estimates that the remeasurement of its deferred tax assets and liabilities would result in a debit to earnings of approximately Ch$69,000 million.

4.	Changes in Accounting Policies

During the period ended June 30, 2026, there have been no material changes in accounting policies affecting the presentation of these Interim Consolidated Financial Statements.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events:

(a)

During the period 2026, Banco de Chile has reported as an essential event the following placements in the local market of senior, dematerialized and bearer bonds issued by Banco de Chile and registered with the Securities Registry of the Financial Market Commission:

Date	Registration number in the Securities Registry	Series	Amount		Currency	Maturity date	Average rate
January 8, 2026 (*)	20240002	HW		750,000	UF	06/01/2044		2.93	%
January 12, 2026 (*)	20240002	HW		100,000	UF	06/01/2044		2.92	%
January 14, 2026	11/2022	FU		500,000	UF	11/01/2032		2.81	%
January 14, 2026	11/2022	GG		350,000	UF	05/01/2035		2.89	%
January 14, 2026 (*)	20240002	HW		300,000	UF	06/01/2044		2.91	%
January 15, 2026	11/2022	FU		500,000	UF	11/01/2032		2.78	%
January 15, 2026 (*)	20240002	HH		400,000	UF	12/01/2036		2.87	%
January 15, 2026 (*)	20240002	HW		50,000	UF	06/01/2044		2.89	%
February 10, 2026	11/2022	FG		860,000	UF	11/01/2030		2.59	%
March 5, 2026	11/2022	FG		1,000,000	UF	11/01/2030		2.51	%
June 30, 2026	11/2022	FG		310,000	UF	11/01/2030		2.82	%

(*)

The bonds have been registered under the Automatic Registration modality, with the registration number dated April 5, 2024.

(b)

On January 21, 2026, Banco de Chile reported that Mr. Francisco Pérez Mackenna submitted his resignation from the positions of Regular Director and Vice Chairman of Banco de Chile, effective January 31, 2026, which was accepted by the Board of Directors. Likewise, the Board agreed to appoint Mr. Óscar Hasbún Martínez as Regular Director, replacing Mr. Francisco Pérez Mackenna, effective February 1, 2026 and until the next Annual General Shareholders’ Meeting. Finally, the Board agreed to appoint Regular Director Mr. Jean-Paul Luksic Fontbona as Vice Chairman of the Board, effective February 1, 2026.

(c)

On January 29, 2026, the Board of Directors of Banco de Chile agreed to convene an Ordinary Shareholders’ Meeting for March 26, 2026 in order to propose, among other matters, the following distribution of profits for the year ended on December 31, 2025:

Deduct and withhold from the net income of the year, an amount equivalent to the effect of inflation of the paid capital and reserves according 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 added to retained earnings from previous periods.

Distribute 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

5.	Relevant Events, continued:

(d)

On March 6, 2026, the subsidiary Banchile Administradora de Fondos S.A. reported that Mr. José Luis Vizcarra Villalobos submitted his resignation from his position as Director of Banchile Administradora General de Fondos S.A.

(e)

On March 12, 2026, the subsidiary Banchile Administradora de Fondos S.A. reported that Mr. Andrés Ergas Heymann submitted his resignation from his position as Director of Banchile Administradora General de Fondos S.A.

(f)

On March 12, 2026, Banco de Chile reported that Mr. Andrés Ergas Heymann submitted his resignation from his position as Regular Director of Banco de Chile. At the Ordinary Meeting of the Board of Directors held on the same date, the Board of Directors of Banco de Chile acknowledged and accepted said resignation.

Likewise, and in accordance with the provisions of Article Eight of the Bank’s Bylaws, the First Alternate Independent Director, Mr. Paul Furst Gwinner, assumed the position of Regular Independent Director.

(g)

On March 26, 2026, Banco de Chile reported that, at the Ordinary Shareholders’ Meeting, the Board of Directors was fully renewed, as the legal and bylaw-mandated three-year term of office of the outgoing Board of Directors had expired.

Following the corresponding vote held at said meeting, the following individuals were elected as Directors of the Bank for a new three-year term:

	Regular Directors:	Hernán Büchi Buc
		Vivianne Caumont
		Julio Santiago Figueroa
		Paul Furst Gwinner (Independent)
		Pablo Granifo Lavín
		Oscar Hasbún Martínez
		Ana Holuigue Barros (Independent)
		Patricio Jottar Nasrallah
		Jean-Paul Luksic Fontbona

	First Alternate Director:	Nicolás Lewin Muñoz (Independent)
	Second Alternate Director:	Sandra Marta Guazzotti

Furthermore, at an Ordinary Meeting of the Board of Directors held on the same date, the following appointments and designations were agreed upon:

	Chairman:	Pablo Granifo Lavín
	Vice Chairman:	Jean-Paul Luksic Fontbona
	Vice Chairman:	Julio Santiago Figueroa

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

Relevant Events, continued:

(h)

On April 27, 2026, the subsidiary Operadora de Tarjetas Banchile Pagos S.A. reported that, at an extraordinary meeting of its Board of Directors, the resignation submitted by its General Manager, Mr. Rodrigo Devía González, was acknowledged, which will become effective on April 30, 2026.

At the same meeting of the Board of Directors, it was resolved to appoint Mr. Felipe Pérez González as General Manager of the Company, effective as of May 1, 2026. Mr. Pérez González currently serves as the Company’s Commercial Manager.

(i)

During the period 2026 Banco de Chile has reported as an essential fact the following placements in the foreign market, issued under its Medium Term Notes Program (“MTN”):

Date		Amount				Currency		Maturity date		Average rate
May 12, 2026			700,000,000			MXN		05/11/2033		TIIE (28 days) + 0.95%

6.	Business 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 revenues associated with the management of the investment portfolio and the business of financial transactions and currency trading.

Transactions with customers performed 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 perform banking business support activities. Companies comprising 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.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

6.	Business Segments, continued:

The financial information used to measure the performance of the Bank’s business segments is not comparable with similar information from other financial institutions because each institution relies on its own definitions. The accounting policies applied to the segments are the same as those described in the summary of accounting policies. The Bank obtains the majority of the results from: interest, indexation and fees and commissions and financial transaction and changes, discounting provisions for credit risk and operating expenses. Management relies mainly 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, because management is measured and controlled individually and not on a consolidated basis, applying the following criteria:

●

The net interest margin of loans and deposits is obtained by aggregating the net financial margins of each individual operation of credit and deposit transactions performed by the bank. For these purposes, the volume of each operation and its contribution margin are considered, which in turn corresponds to the difference between the effective rate of the customer and the internal transfer price established according to each transaction´s term and currency of each operation. Additionally, the net margin includes the result of interest and indexation from the accounting hedges.

●

Allowance for credit risk is determined at the customer and counterparty level based on the characteristics of each of their operations. Additional allowances are assigned to the different business segments based on the credit risk weighted assets of each segment.

●

The capital and financial impacts on profit or loss have been assigned to each segment based on the risk-weighted assets.

●

Operating expenses are reflected at the level of the different functional areas of the Bank. Then, for the business segment purposes, the allocation of expenses from functional areas is done using different allocation criteria, at the level of the different concepts and expense items.

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

For the periods ended June 30, 2026 and 2025 there was no income from transactions with a customer or counterparty that accounted for 10% or more of the Bank's total revenues.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

6.	Business Segments, continued:

The following table presents the income by segment for the periods ended June 30, 2026 and 2025 for each of the segments defined above:

	Retail Banking						Wholesale Banking						Treasury						Subsidiaries						Subtotal						Consolidation adjustment						Total
	June			June			June			June			June			June			June			June			June			June			June			June			June			June
	2026			2025			2026			2025			2026			2025			2026			2025			2026			2025			2026			2025			2026			2025
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Net interest income and UF indexation		820,707			755,639			373,523			353,163			(44,058	)		(44,807	)		(351	)		(705	)		1,149,821			1,063,290			1,223			627			1,151,044			1,063,917
Net fee and commission income		195,580			179,148			50,827			47,382			2,147			1,973			92,480			102,462			341,034			330,965			(1,082	)		(18,441	)		339,952			312,524
Profit (loss) of financial operations		295			213			8,390			8,245			67,515			58,591			11,811			13,431			88,011			80,480			(1,223	)		(627	)		86,788			79,853
Foreign currency changes, indexation and accounting hedge		6,305			1,985			16,413			16,387			2,265			18,369			15,527			12,999			40,510			49,740			—			—			40,510			49,740
Other income		32,416			22,449			17,514			9,778			3,837			1,974			4,478			3,295			58,245			37,496			(8,327	)		(7,561	)		49,918			29,935
Income from investments in other companies		1,477			4,231			698			1,041			(19	)		134			543			405			2,699			5,811			—			—			2,699			5,811
Total operating income		1,056,780			963,665			467,365			435,996			31,687			36,234			124,488			131,887			1,680,320			1,567,782			(9,409	)		(26,002	)		1,670,911			1,541,780
Personnel expenses		(191,809	)		(179,989	)		(56,483	)		(54,908	)		(1,970	)		(1,959	)		(31,497	)		(43,592	)		(281,759	)		(280,448	)		11			10			(281,748	)		(280,438	)
Administrative expenses		(162,713	)		(172,988	)		(42,657	)		(39,761	)		(1,359	)		(1,131	)		(25,121	)		(25,759	)		(231,850	)		(239,639	)		8,850			25,469			(223,000	)		(214,170	)
Depreciation and amortization		(40,479	)		(39,872	)		(3,163	)		(3,585	)		(245	)		(275	)		(4,176	)		(3,623	)		(48,063	)		(47,355	)		—			—			(48,063	)		(47,355	)
Impairment of non-financial assets		—			(31	)		—			—			—			—			(333	)		(2,409	)		(333	)		(2,440	)		—			—			(333	)		(2,440	)
Other operating expenses		(17,875	)		(13,181	)		(5,005	)		(3,910	)		(136	)		(17	)		(987	)		(984	)		(24,003	)		(18,092	)		548			523			(23,455	)		(17,569	)
Total operating expenses		(412,876	)		(406,061	)		(107,308	)		(102,164	)		(3,710	)		(3,382	)		(62,114	)		(76,367	)		(586,008	)		(587,974	)		9,409			26,002			(576,599	)		(561,972	)
Expenses for credit losses (*)		(244,964	)		(167,837	)		(36,634	)		(17,048	)		2,340			(1,635	)		—			—			(279,258	)		(186,520	)		—			—			(279,258	)		(186,520	)
Net operating income		398,940			389,767			323,423			316,784			30,317			31,217			62,374			55,520			815,054			793,288			—			—			815,054			793,288
Income taxes																																						(155,859	)		(159,477	)
Net income after taxes																																						659,195			633,811

(*)	As of June 30, 2026, the retail and wholesale banking segments include additional provisions allocated based on their risk-weighted assets of Ch$26,244 million and Ch$23,756 million, respectively.

The following table presents assets and liabilities as of June 30, 2026 and December 31, 2025 by each segment defined above:

	Retail Banking				Wholesale Banking				Treasury				Subsidiaries				Subtotal				Consolidation adjustment						Total
	June		December		June		December		June		December		June		December		June		December		June			December			June		December
	2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026			2025			2026		2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$		MCh$

Assets		26,045,945		25,819,643		13,384,707		12,536,827		14,036,822		14,154,573		1,344,781		1,285,572		54,812,255		53,796,615		(165,604	)		(261,464	)		54,646,651		53,535,151
Current and deferred taxes																												590,031		565,752
Total assets																												55,236,682		54,100,903

Liabilities		18,085,847		17,893,540		11,540,721		10,543,300		18,943,537		19,062,619		1,100,024		1,028,142		49,670,129		48,527,601		(165,604	)		(261,464	)		49,504,525		48,266,137
Current and deferred taxes																												14,690		35,231
Total liabilities																												49,519,215		48,301,368

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

7.	Cash and Cash Equivalents:

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

	June			December
	2026			2025
	MCh$			MCh$
Cash and deposits in banks:
Cash		826,843			900,264
Deposit in Chilean Central Bank (*)		144,271			1,347,525
Deposit in foreign Central Banks		—			—
Deposits in domestic banks		14,435			8,862
Deposits in abroad banks		472,636			334,335
Subtotal – Cash and deposits in banks		1,458,185			2,590,986

Net transactions in the course of settlement (**)		(225,986	)		(149,753	)
Cash equivalents (***)		2,549,097			2,880,913
Total cash and cash equivalents		3,781,296			5,322,146

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

	June			December
	2026			2025
	MCh$			MCh$
Assets
Documents drawn on other banks (clearing)		86,583			115,967
Funds receivable		292,133			298,452
Subtotal - assets		378,716			414,419

Liabilities
Funds payable		(604,702	)		(564,172	)
Subtotal - liabilities		(604,702	)		(564,172	)
Net transactions in the course of settlement		(225,986	)		(149,753	)

(*)

The level of funds in cash and in the Central Bank of Chile responds to regulations on reserve requirements that the bank must maintain on average in monthly periods.

(**)

Trading operations pending settlement correspond to transactions in which only the settlement remains that will increase or decrease the funds in the Central Bank of Chile or in banks in foreign countries, normally within a period ranging between 12 or 24 business hours.

(***)

Refers to financial instruments that meet the criteria to be considered as “cash equivalents” as defined by IAS 7, i.e., to qualify as “cash equivalents” investments in debt financial instruments must be: short-term with an original maturity of 90 days or less from the date of acquisition, highly liquid, readily convertible to known amounts of cash from the date of initial investment, and that the financial instruments are exposed to an insignificant risk of changes in their value.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The detail of this line item is as follows:

	June		December
	2026		2025
	MCh$		MCh$

Financial derivative instruments		1,852,957		1,869,467
Debt Financial Instruments		2,897,767		3,121,702
Others		429,705		402,259
Total		5,180,429		5,393,428

(a)

The Bank as of June 30, 2026 and December 31, 2025, maintains the following asset portfolio of derivative instruments:

	Notional amount of contract with final expiration date in
	On Demand				Up to 1 month				Over 1 month and up to 3 months				Over 3 months and up to 12 months				Over 1 year and up to 3 years				Over 3 years and up to 5 years				Over 5 years				Total				Fair Value Assets
	June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December
	2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Currency forward		—		—		7,432,208		6,451,389		3,619,621		3,453,741		5,698,591		3,453,928		775,826		658,475		72,358		3,028		—		—		17,598,604		14,020,561		344,720		377,810
Interest rate swap		—		—		1,502,934		384,202		1,683,279		2,758,114		7,513,741		7,746,942		7,359,481		7,089,417		4,905,140		4,497,481		4,042,525		4,088,342		27,007,100		26,564,498		459,878		451,124
Interest rate and cross currency swap		—		—		378,880		227,581		275,220		556,735		1,190,361		1,527,659		2,975,562		2,396,969		2,918,752		2,170,585		3,177,317		2,529,413		10,916,092		9,408,942		1,045,601		1,037,686
Call currency options		—		—		13,157		5,591		35,816		28,062		90,899		57,525		1,382		—		—		—		—		—		141,254		91,178		2,298		332
Put currency options		—		—		9,620		14,679		8,987		18,722		19,400		29,583		—		—		—		—		—		—		38,007		62,984		460		2,515
Total		—		—		9,336,799		7,083,442		5,622,923		6,815,374		14,512,992		12,815,637		11,112,251		10,144,861		7,896,250		6,671,094		7,219,842		6,617,755		55,701,057		50,148,163		1,852,957		1,869,467

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The detail of Debt Financial Instruments is the following:

	June		December
	2026		2025
	MCh$		MCh$
Instruments issued by the Chilean Government and Central Bank of Chile
Debt financial instruments from the Central Bank of Chile		2,051,763		2,388,127
Bonds and Promissory notes from the General Treasury of the Republic		674,183		410,202
Other fiscal debt financial instruments		—		—

Other Instruments Issued in Chile
Debt financial instruments from other domestic banks		144,118		277,354
Bonds and trade effects from domestic companies		—		—
Other debt financial instruments issued in the country		—		—

Instruments Issued Abroad
Financial instruments from foreign governments or Central Banks		—		—
Financial debt instruments from foreign goverments and fiscal entities		27,703		46,019
Debt financial instruments from other foreign banks		—		—
Bonds and trade effects from foreign companies		—		—
Total		2,897,767		3,121,702

Under Instruments issued by the Chilean Government and Central Bank of Chile are classified instruments sold under repurchase agreements to customers and financial institutions of Ch$18,887 million as of June 30, 2026 (Ch$62,046 million as of December 31, 2025). The repurchase agreements have an average maturity of 2 days at the end June 30, 2026 (2 days in December 2025).

Under Other financial debt securities issued in Chile are included instruments sold under repurchase agreements to customers and financial institutions by an amount of Ch$85,074 million as of June 30, 2026 (Ch$151,169 million in December 2025). The repurchase agreements have an average maturity of 3 days at the end of the period 2026 (4 days in December 2025).

Additionally, the Bank has investments in own-issued letters of credit for an amount equivalent to Ch$364 million as of June 30, 2026 (Ch$474 million in December 2025), which are presented as a reduction of the liability item “Debt Financial Instruments Issued”.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The detail of other financial instruments is as follows:

	June		December
	2026		2025
	MCh$		MCh$
Mutual fund investments
Funds managed by related companies		425,352		400,222
Funds managed by third-party		—		—

Equity instruments
Domestic equity instruments		2,573		619
Foreign equity instruments		—		—

Loans originated and acquired by the entity		—		—

Others		1,780		1,418
Total		429,705		402,259

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

As of June 30, 2026 and December 31, 2025, 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 June 30, 2026 and December 31, 2025, the Bank does not hold financial assets and liabilities designated as at fair value through profit or loss.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The item detail is as follows:

	June		December
	2026		2025
	MCh$		MCh$

Debt Financial Instruments		4,525,582		3,548,971
Others		—		—
Total		4,525,582		3,548,971

(a)

As of June 30, 2026 and December 31, 2025, the detail of debt financial instruments is as follows:

	June		December
	2026		2025
	MCh$		MCh$
Instruments issued by the Chilean Government and Central Bank of Chile
Debt financial instruments from the Central Bank of Chile		—		—
Bonds and Promissory notes from the General Treasury of the Republic		2,181,038		1,174,234
Other fiscal debt financial instruments		40		72

Other Instruments Issued in Chile
Debt financial instruments from other domestic banks		2,147,847		2,234,247
Bonds and trade effects from domestic companies		108,923		104,679
Other debt financial instruments issued in the country		—		—

Instruments Issued Abroad
Financial instruments from foreign Central Banks		—		—
Financial instruments from foreign governments and fiscal entities		24,589		35,739
Debt financial instruments from other foreign banks		37,011		—
Bonds and trade effects from foreign companies		26,134		—
Other debt financial instruments issued abroad		—		—
Total		4,525,582		3,548,971

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$14,704 million in June 2026 (Ch$43,599 million in December 2025). The repurchase agreements have an average maturity of 1 day in June 2026 (5 days in December 2025).

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$26,556 million as of June 30, 2026 (Ch$20,714 million as of December 31, 2025).

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

11.

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

As of June 30, 2026 the accumulated credit impairment for debt instruments at fair value through other comprehensive income amounted to Ch$4,485 million (Ch$6,979 million as of December 31, 2025).

(b)

The analysis of changes in fair value and expected losses from debt instruments measured at fair value is detailed as follows:

	Stage 1 Individual						Stage 2 Individual				Stage 3 Individual				Total
	Fair value			Impairment			Fair value		Impairment		Fair value		Impairment		Fair value			Impairment
	MCh$			MCh$			MCh$		MCh$		MCh$		MCh$		MCh$			MCh$

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

Balance as of January 1, 2026		3,548,971			6,979			—		—		—		—		3,548,971			6,979
Net change in balance		989,330			(2,494	)		—		—		—		—		989,330			(2,494	)
Change in fair value		(12,719	)		—			—		—		—		—		(12,719	)		—
Transfer to Stage 1		—			—			—		—		—		—		—			—
Transfer to Stage 2		—			—			—		—		—		—		—			—
Transfer to Stage 3		—			—			—		—		—		—		—			—
Impact due to transfer between stages		—			—			—		—		—		—		—			—
Balance as of June 30, 2026		4,525,582			4,485			—		—		—		—		4,525,582			4,485

(c)

Realized and unrealized gains and losses:

As of June 30, 2026, the portfolio of debt financial instruments includes an accumulated unrealized loss of Ch$1,929 million (unrealized gain of Ch$13,284 million as of December 31, 2025), recorded as an equity valuation adjustment.

Gross realized gains and losses on the sale of debt financial instruments, as of June 30, 2026 and 2025 are reported under “Net Financial Result” (See Note 33).

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

	June			June
	2026			2025
	MCh$			MCh$

Unrealized gains (losses)		(7,298	)		11,479
Realized losses (gains) reclassified to income		(7,915	)		(3,748	)
Subtotal		(15,213	)		7,731
Income tax on other comprehensive income		1,063			(789	)
Net effect on equity		(14,150	)		6,942

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.	Derivative financial instruments for hedging purposes:

(a.1)

As of June 30, 2026 and December 31, 2025, the Bank has the following asset portfolio of financial derivative instruments for accounting hedging purposes:

	Notional amount of contract with final expiration date in
	On Demand				Up to 1 month				Over 1 month and up to 3 months				Over 3 months and up to 12 months				Over 1 year and up to 3 years				Over 3 years and up to 5 years				Over 5 years				Total				Fair value Assets
	June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December
	2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Derivatives held for fair value hedges		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—

Cash flow hedge derivatives
Interest rate swap and cross currency swap		—		—		—		—		—		—		36,193		—		221,668		215,715		—		—		110,911		107,073		368,772		322,788		27,342		29,714
Total		—		—		—		—		—		—		36,193		—		221,668		215,715		—		—		110,911		107,073		368,772		322,788		27,342		29,714

(a.2) As of June 30, 2026 and December 31, 2025, the Bank has the following debt portfolio of financial derivative instruments for accounting hedging purposes:

	Notional amount of contract with final expiration date in
	On Demand				Up to 1 month				Over 1 month and up to 3 months				Over 3 months and up to 12 months				Over 1 year and up to 3 years				Over 3 years and up to 5 years				Over 5 years				Total				Fair value Liabilities
	June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December
	2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Derivatives held for fair value hedges		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—

Cash flow hedge derivatives
Interest rate swap and cross currency swap		—		—		—		—		—		—		150,169		—		50,004		230,019		261,569		254,545		1,423,698		1,350,496		1,885,440		1,835,060		337,539		297,817
Total		—		—		—		—		—		—		150,169		—		50,004		230,019		261,569		254,545		1,423,698		1,350,496		1,885,440		1,835,060		337,539		297,817

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.

Derivative financial instruments for hedging purposes, continued:

(b)

Fair value Hedges:

As of June 30, 2026 and December 31, 2025, 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 yen, Peruvian sol, Australian dollars, Euros, Norwegian kroner and Mexican pesos. 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 (“UF”) in assets flows denominated in UF until a nominal amount equal to the portion notional of the hedging instrument UF, whose daily indexation impact the line item “Interest Revenue” of the Statement of Income.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.

Derivative financial instruments for hedging purposes, continued:

(c)

Cash flow Hedges, continued:

(c.2)

Below are the cash flows from bonds issued abroad objects of this hedge and the cash flows of the asset part of the derivative instrument:

	On Demand				Up to 1 month						Over 1 month and up to 3 months						Over 3 months and up to 12 months						Over 1 year and up to 3 years						Over 3 years and up to 5 years						Over 5 years						Total
	June		December		June			December			June			December			June			December			June			December			June			December			June			December			June			December
	2026		2025		2026			2025			2026			2025			2026			2025			2026			2025			2026			2025			2026			2025			2026			2025
	MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Hedged item
Outflows:
Corporate Bond		—		—		(3,987	)		(1,017	)		(14,936	)		(9,291	)		(233,386	)		(52,425	)		(400,570	)		(572,565	)		(306,775	)		(297,431	)		(1,491,419	)		(1,437,654	)		(2,451,073	)		(2,370,383	)

Hedging instrument
Inflows:
Cross Currency Swap		—		—		3,987			1,017			14,936			9,291			233,386			52,425			400,570			572,565			306,775			297,431			1,491,419			1,437,654			2,451,073			2,370,383
Net cash flows		—		—		—			—			—			—			—			—			—			—			—			—			—			—			—			—

(c.3)

Below are the cash flows from underlying assets and the cash flows of the liability part of the derivative instrument:

	On Demand				Up to 1 month						Over 1 month and up to 3 months						Over 3 months and up to 12 months						Over 1 year and up to 3 years						Over 3 years and up to 5 years						Over 5 years						Total
	June		December		June			December			June			December			June			December			June			December			June			December			June			December			June			December
	2026		2025		2026			2025			2026			2025			2026			2025			2026			2025			2026			2025			2026			2025			2026			2025
	MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Hedged item
Inflows:
Cash flows in CLF		—		—		5,914			2,270			8,185			2,881			220,542			41,030			355,349			527,973			328,500			320,395			1,618,851			1,549,936			2,537,341			2,444,485

Hedging instrument
Outflows:
Cross Currency Swap		—		—		(5,914	)		(2,270	)		(8,185	)		(2,881	)		(220,542	)		(41,030	)		(355,349	)		(527,973	)		(328,500	)		(320,395	)		(1,618,851	)		(1,549,936	)		(2,537,341	)		(2,444,485	)
Net cash flows		—		—		—			—			—			—			—			—			—			—			—			—			—			—			—			—

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

12.

Derivative financial instruments for hedging purposes, continued:

(c)

Cash flow Hedges, continued:

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

(c.4)

The unrealized results generated during the period 2026 by those derivative contracts that composed the hedging instruments in this cash flow hedging strategy, have been recorded with a charge to equity amounting to Ch$20,197 million (credit to equity of Ch$12,102 million in June 2025). The net effect of taxes charge to equity amounts to Ch$14,744 million (a credit to equity of Ch$8,834 million during the period 2025).

The accumulated balance for this concept as of June 30, 2026 corresponds to a charge to equity amounted to Ch$60,935 million (charge to equity of Ch$40,738 million as of December 31, 2025).

(c.5)

The effect of the cash flow hedging derivatives that offset the result of the hedged instruments corresponds to a charge to income of Ch$14,996 million during the period 2026 (charge to results for Ch$84,157 million during June 2025).

(c.6)

As of June 30, 2026 and 2025, there is not any inefficiency in the cash flow hedge, because both, hedged item and hedge instruments, are mirrors of each other, it means that all variation of value attributable to rate and revaluation components are netted totally.

(c.7)

As of June 30, 2026 and 2025, the Bank had no hedges of net investments in foreign businesses.

13.

Financial assets at amortized cost:

The item detail is as follows:

	June			December
	2026			2025
	MCh$			MCh$

Rights by resale agreements		86,263			100,643
Debt financial instruments		455,308			460,937
Loans to Banks		998,876			399,123
Loans to customers:
Commercial loans		20,489,450			19,509,355
Residential mortgage loans		14,179,918			13,916,618
Consumer loans		5,604,853			5,765,997
Allowances established for credit risk (*)
Commercial loans allowances		(378,847	)		(371,895	)
Residential mortgage loans allowances		(44,933	)		(42,111	)
Consumer loans allowances		(421,135	)		(422,965	)
Total		40,969,753			39,315,702

(*)

In addition to these allowances for credit losses, country risk allowances are to cover foreign operations and additional allowances agreed by the Board of Directors are maintained, which are presented in liabilities under the line item Special allowances for credit losses (See Note 26).

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(a)

Rights by resale agreements:

The Bank provides financing to its customers through rights by resale agreements, in which the financial instrument serves as collateral. As of June 30, 2026 and December 31, 2025, the detail is as follows:

	June		December
	2026		2025
	MCh$		MCh$
Transaction with domestic banks		—		—

Transaction with foreign banks		—		—

Transaction with other domestic entities
Resale agreements		86,263		100,643
Rights from securities lending		—		—

Transaction with other foreign entities		—		—

Accumulated Impairment Value of Financial Assets at Amortized Cost Rights by resale agreements		—		—
Total		86,263		100,643

The Bank and its subsidiaries have received financial instruments that they can sell or give as collateral in case the owner of these instruments enters into default or in bankruptcy. As of June 30, 2026, the fair value of the instruments received amounts to Ch$87,612 million (Ch$107,060 million in December 2025).

(b)

Debt financial instruments:

At the end of each period, the balances presented under this line are detailed follows:

	June			December
	2026			2025
	MCh$			MCh$
Instruments issued by the Chilean Government and Central Bank of Chile
Debt financial instruments from the Central Bank of Chile		—			—
Bonds and promissory notes from the General Treasury of the Republic		455,380			460,956
Other fiscal debt financial instruments		—			—

Other Financial Instruments issued in Chile		—			—

Financial Instruments issued Abroad		—			—

Accumulated Impairment Value of Financial Assets at Amortized Cost Debt Financial Instruments
Financial assets with no significant increase in credit risk since initial recognition (stage 1)		(72	)		(19	)
Financial assets with a significant increase in credit risk since initial recognition, but without credit impairment (stage 2)		—			—
Financial assets with credit impairment (stage 3)		—			—
Total		455,308			460,937

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(c)

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

	Assets before allowances								Allowances established
	Normal Portfolio		Substandard Portfolio		Non-performing Portfolio				Normal Portfolio			Substandard Portfolio		Non-performing Portfolio					Net
	Individual		Individual		Individual				Individual			Individual		Individual					Financial
As of June 30, 2026	Evaluation		Evaluation		Evaluation		Total		Evaluation			Evaluation		Evaluation		Total			Asset
	MCh$		MCh$		MCh$		MCh$		MCh$			MCh$		MCh$		MCh$			MCh$

Domestic Banks
Interbank loans of liquidity		200,000		—		—		200,000		(72	)		—		—		(72	)		199,928
Commercial Interbank loans		—		—		—		—		—			—		—		—			—
Overdrafts on current accounts		—		—		—		—		—			—		—		—			—
Chilean exports foreign trade loans		—		—		—		—		—			—		—		—			—
Chilean imports foreign trade loans		—		—		—		—		—			—		—		—			—
Credits with third countries		—		—		—		—		—			—		—		—			—
Non-transferable deposits in domestic banks		—		—		—		—		—			—		—		—			—
Other debts with domestic banks		—		—		—		—		—			—		—		—			—
Foreign Banks
Interbank loans of liquidity		—		—		—		—		—			—		—		—			—
Commercial interbank loans		161,997		—		—		161,997		(354	)		—		—		(354	)		161,643
Overdrafts on current accounts		—		—		—		—		—			—		—		—			—
Chilean exports foreign trade loans		187,540		—		—		187,540		(235	)		—		—		(235	)		187,305
Chilean imports foreign trade loans		—		—		—		—		—			—		—		—			—
Foreign trade loans between third countries		—		—		—		—		—			—		—		—			—
Current account deposits with foreign banks for derivatives transactions		—		—		—		—		—			—		—		—			—
Other non-transferable deposits with foreign banks		—		—		—		—		—			—		—		—			—
Other loans with foreign banks		—		—		—		—		—			—		—		—			—
Subtotal Domestic and Foreign banks		549,537		—		—		549,537		(661	)		—		—		(661	)		548,876
Central Bank of Chile
Deposits in foreign current accounts for derivative transactions with a counterparty		—		—		—		—		—			—		—		—			—
Other deposits not available		450,000		—		—		450,000		—			—		—		—			450,000
Other receivables		—		—		—		—		—			—		—		—			—
Foreign Central Banks
Deposits in foreign current accounts for derivatives transactions		—		—		—		—		—			—		—		—			—
Other deposits not available		—		—		—		—		—			—		—		—			—
Other receivables		—		—		—		—		—			—		—		—			—
Subtotal Central Bank of Chile and Foreign Central Banks		450,000		—		—		450,000		—			—		—		—			450,000
Total		999,537		—		—		999,537		(661	)		—		—		(661	)		998,876

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(c)

Loans to Banks, continued:

	Assets before allowances								Allowances established
	Normal Portfolio		Substandard Portfolio		Non-performing Portfolio				Normal Portfolio			Substandard Portfolio		Non-performing Portfolio					Net
	Individual		Individual		Individual				Individual			Individual		Individual					Financial
As of December 31, 2025	Evaluation		Evaluation		Evaluation		Total		Evaluation			Evaluation		Evaluation		Total			Asset
	MCh$		MCh$		MCh$		MCh$		MCh$			MCh$		MCh$		MCh$			MCh$

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(d)

Loans to customers: at the end of each period, the balances presented under this line item are detailed as follows:

	Assets before allowances												Allowances established
	Normal Portfolio				Substandard Portfolio		Non-performing Portfolio						Normal Portfolio						Substandard Portfolio			Non-performing Portfolio									Deductible guarantees						Net
Loans to Customers	Evaluation				Evaluation		Evaluation						Evaluation						Evaluation			Evaluation						Sub			Fogape						Financial
as of June 30, 2026	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 loans
Commercial loans		11,278,201		3,888,977		182,718		217,654		376,496		15,944,046		(92,007	)		(28,723	)		(2,854	)		(59,043	)		(76,213	)		(258,840	)		(1,418	)		(260,258	)		15,683,788
Chilean exports foreign trade loans		718,083		2,987		8,013		15,433		166		744,682		(22,771	)		(70	)		(202	)		(3,156	)		(95	)		(26,294	)		—			(26,294	)		718,388
Accrediting foreign trade loans negotiated in terms of Chilean imports		258		—		—		—		—		258		(23	)		—			—			—			—			(23	)		—			(23	)		235
Chilean imports foreign trade loans		465,104		43,154		8,343		3,328		1,394		521,323		(17,549	)		(1,200	)		(688	)		(2,133	)		(785	)		(22,355	)		—			(22,355	)		498,968
Foreign trade credits for operations with third countries		—		—		—		—		—		—		—			—			—			—			—			—			—			—			—
Current account debtors		62,302		87,352		5,991		4,641		2,344		162,630		(2,464	)		(2,106	)		(672	)		(2,706	)		(1,108	)		(9,056	)		—			(9,056	)		153,574
Credit card debtors		28,933		85,735		1,420		1,535		12,834		130,457		(1,178	)		(2,814	)		(191	)		(1,004	)		(6,961	)		(12,148	)		—			(12,148	)		118,309
Factoring transactions		729,347		32,541		7,754		117		30		769,789		(14,675	)		(678	)		(942	)		(89	)		(11	)		(16,395	)		—			(16,395	)		753,394
Commercial lease transactions (1)		1,761,426		300,889		34,542		42,189		13,461		2,152,507		(3,630	)		(1,995	)		(200	)		(15,174	)		(2,631	)		(23,630	)		—			(23,630	)		2,128,877
Student loans		—		42,671		—				3,121		45,792		—			(2,154	)		—			—			(2,175	)		(4,329	)		—			(4,329	)		41,463
Other loans and accounts receivable		8,297		820		174		7,688		987		17,966		(251	)		(9	)		(15	)		(3,727	)		(357	)		(4,359	)		—			(4,359	)		13,607
Subtotal		15,051,951		4,485,126		248,955		292,585		410,833		20,489,450		(154,548	)		(39,749	)		(5,764	)		(87,032	)		(90,336	)		(377,429	)		(1,418	)		(378,847	)		20,110,603
Residential mortgage loans
Loans secured by mortgage finance bonds		—		665		—		—		109		774		—			(1	)		—			—			(6	)		(7	)		—			(7	)		767
Endorsable mortgage mutual loans		—		7,307		—		—		269		7,576		—			(14	)		—			—			(23	)		(37	)		—			(37	)		7,539
Mortgage mutual financed by mortgage bonds		—		—		—		—		—		—		—			—			—			—			—			—			—			—			—
Other mortgage mutual loans		—		13,587,857		—		—		422,593		14,010,450		—			(16,796	)		—			—			(26,733	)		(43,529	)		—			(43,529	)		13,966,921
Residential lease transactions (1)		—		—		—		—		—		—		—			—			—			—			—			—			—			—			—
Other loans and accounts receivable		—		148,405		—		—		12,713		161,118		—			(202	)		—			—			(1,158	)		(1,360	)		—			(1,360	)		159,758
Subtotal		—		13,744,234		—		—		435,684		14,179,918		—			(17,013	)		—			—			(27,920	)		(44,933	)		—			(44,933	)		14,134,985
Consumer loans
Consumer loans in installments		—		3,181,609		—		—		248,494		3,430,103		—			(147,624	)		—			—			(134,107	)		(281,731	)		—			(281,731	)		3,148,372
Current account debtors		—		266,437		—		—		16,338		282,775		—			(17,185	)		—			—			(9,414	)		(26,599	)		—			(26,599	)		256,176
Credit card debtors		—		1,850,519		—		—		38,800		1,889,319		—			(89,665	)		—			—			(22,403	)		(112,068	)		—			(112,068	)		1,777,251
Consumer lease transactions (1)		—		1,326		—		—		77		1,403		—			(35	)		—			—			(26	)		(61	)		—			(61	)		1,342
Other loans and accounts receivable		—		18		—		—		1,235		1,253		—			(4	)		—			—			(672	)		(676	)		—			(676	)		577
Subtotal		—		5,299,909		—		—		304,944		5,604,853		—			(254,513	)		—			—			(166,622	)		(421,135	)		—			(421,135	)		5,183,718
Total		15,051,951		23,529,269		248,955		292,585		1,151,461		40,274,221		(154,548	)		(311,275	)		(5,764	)		(87,032	)		(284,878	)		(843,497	)		(1,418	)		(844,915	)		39,429,306

(1)

In this item, the Bank finances for its customers the acquisition of movable and immovable property through financial lease contracts. As of June 30, 2026, Ch$1,074,800 million correspond to finance leases on real estate assets and Ch$1,079,110 million correspond to finance leases on movable property.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(d)

Loans to Customers, continued:

	Assets before allowances												Allowances established
	Normal Portfolio				Substandard Portfolio		Non-performing Portfolio						Normal Portfolio						Substandard Portfolio			Non-performing Portfolio									Deductible guarantees						Net
Loans to Customers	Evaluation				Evaluation		Evaluation						Evaluation						Evaluation			Evaluation						Sub			Fogape						Financial
As of 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 loans
Commercial 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 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 foreign trade loans negotiated in terms of Chilean imports		273		—		—		—		—		273		(24	)		—			—			—			—			(24	)		—			(24	)		249
Chilean 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 trade credits for operations with third countries		—		—		—		—		—		—		—			—			—			—			—			—			—			—			—
Current 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 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 transactions		794,379		35,559		3,901		118		11		833,968		(13,041	)		(840	)		(315	)		(90	)		(4	)		(14,290	)		—			(14,290	)		819,678
Commercial 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 loans		—		44,179		—		—		3,088		47,267		—			(2,044	)		—			—			(2,152	)		(4,196	)		—			(4,196	)		43,071
Other 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 mortgage loans
Loans secured by mortgage finance bonds		—		694		—		—		112		806		—			(2	)		—			—			(6	)		(8	)		—			(8	)		798
Endorsable mortgage mutual loans		—		8,318		—		—		286		8,604		—			(7	)		—			—			(23	)		(30	)		—			(30	)		8,574
Mortgage mutual financed with mortgage bonds		—		—		—		—		—		—		—			—			—			—			—			—			—			—			—
Other mortgage mutual loans		—		13,351,528		—		—		394,437		13,745,965		—			(15,922	)		—			—			(24,931	)		(40,853	)		—			(40,853	)		13,705,112
Residential lease transactions (1)		—		—		—		—		—		—		—			—			—			—			—			—			—			—			—
Other 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 loans
Consumer loans in installments		—		3,135,509		—		—		240,022		3,375,531		—			(147,737	)		—			—			(130,692	)		(278,429	)		—			(278,429	)		3,097,102
Current account debtors		—		277,151		—		—		15,646		292,797		—			(17,142	)		—			—			(8,999	)		(26,141	)		—			(26,141	)		266,656
Credit card debtors		—		2,056,286		—		—		38,747		2,095,033		—			(95,237	)		—			—			(22,337	)		(117,574	)		—			(117,574	)		1,977,459
Consumer lease transactions (1)		—		1,142		—		—		57		1,199		—			(19	)		—			—			(19	)		(38	)		—			(38	)		1,161
Other 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 this item, the Bank finances for its customers the acquisition of movable and immovable property through financial lease contracts. As of December 31, 2025, Ch$1,032,905 million correspond to finance leases on real estate assets and Ch$1,064,087 million correspond to finance leases on movable property

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(e)

Contingent loan: At the close of each reporting period, the contingent credit risk exposure is as follows:

	Outstanding exposure before provisions												Provisions established																		Net exposure
	Normal Portfolio				Substandard Portfolio		Non-performing Portfolio						Normal Portfolio						Substandard Portfolio			Non-performing Portfolio									for credit risk of
	Evaluation				Evaluation		Evaluation						Evaluation						Evaluation			Evaluation									contingent
As of June 30, 2026	Individual		Group		Individual		Individual		Group		Total		Individual			Group			Individual			Individual			Group			Total			loans
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Guarantees and sureties		312,669		537		—		—		—		313,206		(4,773	)		(4	)		—			—			—			(4,777	)		308,429
Letters of credit for goods circulation operations		707,703		316		158		—		—		708,177		(998	)		(2	)		(4	)		—			—			(1,004	)		707,173
Debt purchase commitments in local currency abroad		—		—		—		—		—		—		—			—			—			—			—			—			—
Transactions related to contingent events		2,894,634		65,186		13,680		6,997		335		2,980,832		(29,603	)		(698	)		(764	)		(3,593	)		(197	)		(34,855	)		2,945,977
Undrawn credit lines with immediate termination		1,759,792		10,192,074		5,839		1,310		6,292		11,965,307		(3,181	)		(33,743	)		(75	)		(832	)		(3,444	)		(41,275	)		11,924,032
Undrawn credit lines		—		—		—		—		—		—		—			—			—			—			—			—			—
Other irrevocable loan commitments		133,692		—		—		—		—		133,692		(822	)		—			—			—			—			(822	)		132,870
Other contingent loans		—		—		—		—		—		—		—			—			—			—			—			—			—
Total		5,808,490		10,258,113		19,677		8,307		6,627		16,101,214		(39,377	)		(34,447	)		(843	)		(4,425	)		(3,641	)		(82,733	)		16,018,481

	Outstanding exposure before provisions												Provisions established																		Net exposure
	Normal Portfolio				Substandard Portfolio		Non-performing Portfolio						Normal Portfolio						Substandard Portfolio			Non-performing Portfolio									for credit risk of
	Evaluation				Evaluation		Evaluation						Evaluation						Evaluation			Evaluation									contingent
As of December 31, 2025	Individual		Group		Individual		Individual		Group		Total		Individual			Group			Individual			Individual			Group			Total			loans
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Guarantees and sureties		288,155		555		—		—		—		288,710		(4,410	)		(4	)		—			—			—			(4,414	)		284,296
Letters of credit for goods circulation operations		449,025		395		339		—		—		449,759		(690	)		(2	)		(21	)		—			—			(713	)		449,046
Debt purchase commitments in local currency abroad		—		—		—		—		—		—		—			—			—			—			—			—			—
Transactions 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 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 credit lines		—		—		—		—		—		—		—			—			—			—			—			—			—
Other irrevocable loan commitments		69,191		—		—		—		—		69,191		(1,059	)		—			—			—			—			(1,059	)		68,132
Other 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

NOTES TO THE INTERIM 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 period:

	Changes in allowances established by portfolio in the period
	Individual Evaluation
Loans to Banks	Normal Portfolio			Substandard Portfolio		Non-performing Portfolio		Total
	MCh$			MCh$		MCh$		MCh$

Balance as of January 1, 2026		669			—		—		669
Allowances established/ released:
Change in measurement without portfolio reclassification during the period		16			—		—		16
Change in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer from Normal individual to Substandard		—			—		—		—
Transfer from Normal individual to Non-performing individual		—			—		—		—
Transfer from Substandard to Non-performing individual		—			—		—		—
Transfer from Substandard to Normal individual		—			—		—		—
Transfer from Non-performing individual to Substandard		—			—		—		—
Transfer from Non-performing individual to Normal individual		—			—		—		—
New credits originated		722			—		—		722
New credits for conversion of contingent to loan		—			—		—		—
New credits purchased		—			—		—		—
Sales or transfers of credits		—			—		—		—
Payment of credit		(1,053	)		—		—		(1,053	)
Provisions for write-offs		—			—		—		—
Recovery of written-off loans		—			—		—		—
Foreign exchange differences		9			—		—		9
Other changes in allowances		298			—		—		298
Balance as of June 30, 2026		661			—		—		661

	Changes in allowances established by portfolio in the year
	Individual Evaluation
Loans to Banks	Normal Portfolio			Substandard Portfolio		Non-performing Portfolio		Total
	MCh$			MCh$		MCh$		MCh$

Balance as of January 1, 2025		888			—		—		888
Allowances established/ released:
Change in measurement without portfolio reclassification during the year		(64	)		—		—		(64	)
Change in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer from Normal individual to Substandard		—			—		—		—
Transfer from Normal individual to Non-performing individual		—			—		—		—
Transfer from Substandard to Non-performing individual		—			—		—		—
Transfer from Substandard to Normal individual		—			—		—		—
Transfer from Non-performing individual to Substandard		—			—		—		—
Transfer from Non-performing individual to Normal individual		—			—		—		—
New credits originated		1,807			—		—		1,807
New credits for conversion of 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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(f)

Allowances, continued:

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

	Changes in allowances established by portfolio in the period
	Normal Portfolio						Substandard Portfolio			Non-performing Portfolio									Deductible guarantees
	Evaluation						Evaluation			Evaluation									Fogape
Commercial loans	Individual			Group			Individual			Individual			Group			Sub total			Covid-19			Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Balance as of January 1, 2026		143,898			39,049			6,967			91,912			88,597			370,423			1,472			371,895
Allowance established/ released:
Change in measurement without portfolio reclassification during the period		565			12,400			(1,315	)		6,130			1,581			19,361			—			19,361
Change in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer from Normal individual to Substandard		(1,638	)		—			3,041			—			—			1,403			—			1,403
Transfer from Normal individual to Non-performing individual		(30	)		—			—			607			—			577			—			577
Transfer from Substandard to Non-performing individual		—			—			(1,744	)		5,602			—			3,858			—			3,858
Transfer from Substandard to Normal individual		144			—			(249	)		—			—			(105	)		—			(105	)
Transfer from Non-performing individual to Substandard		—			—			109			(176	)		—			(67	)		—			(67	)
Transfer from Non-performing individual to Normal individual		2			—			—			(43	)		—			(41	)		—			(41	)
Transfer from Normal group to Non-performing group		—			(7,742	)		—			—			19,568			11,826			—			11,826
Transfer from Non-performing group to Normal group		—			131			—			—			(2,710	)		(2,579	)		—			(2,579	)
Transfer from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)		—			—			—			—			—			—			—			—
Transfer from Group (normal, Non-performing) to Individual (normal, substandard, Non-performing)		539			(504	)		131			8			(52	)		122			—			122
New credits originated		121,588			13,354			3,344			4,567			6,410			149,263			—			149,263
New credits for conversion of contingent to loan		6,173			5,332			603			906			597			13,611			—			13,611
New credits purchased		—			—			—			—			—			—			—			—
Sales or transfers of credits		—			—			—			(5	)		—			(5	)		—			(5	)
Payment of credit		(117,951	)		(22,349	)		(5,174	)		(12,015	)		(11,480	)		(168,969	)		—			(168,969	)
Provisions for write-offs		—			—			—			(10,793	)		(12,230	)		(23,023	)		—			(23,023	)
Recovery of written-off loans		—			43			—			—			—			43			—			43
Changes to models and assumptions		—			—			—			—			—			—			—			—
Foreign exchange differences		1,258			35			51			332			55			1,731			—			1,731
Other changes in allowances		—			—			—			—			—			—			(54	)		(54	)
Balance as of June 30, 2026		154,548			39,749			5,764			87,032			90,336			377,429			1,418			378,847

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(f)

Allowances, continued:

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

	Changes in allowances established by portfolio in the period
	Group Evaluation
Residential mortgage loans	Normal Portfolio			Non-performing Portfolio			Total
	MCh$			MCh$			MCh$

Balance as of January 1, 2026		16,130			25,981			42,111
Allowances established/ released:
Change in measurement without portfolio reclassification during the period		2,174			619			2,793
Change in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer from Normal group to Non-performing group		(1,744	)		4,309			2,565
Transfer from Non-performing group to Normal group		153			(553	)		(400	)
New credits originated		620			24			644
New credits purchased		—			—			—
Sales or transfers of credits		—			—			—
Payment of credit		(320	)		(1,759	)		(2,079	)
Provisions for write-offs		—			(701	)		(701	)
Recovery of written-off loans		—			—			—
Changes to models and assumptions		—			—			—
Foreign exchange differences		—			—			—
Other changes in allowances		—			—			—
Balance as of June 30, 2026		17,013			27,920			44,933

	Changes in allowances established by portfolio in the year
	Group Evaluation
Residential mortgage loans	Normal Portfolio			Non-performing Portfolio			Total
	MCh$			MCh$			MCh$

Balance as of January 1, 2025		15,859			22,541			38,400
Allowances established/ released:
Change in measurement without portfolio reclassification during the year		3,623			767			4,390
Change in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer from Normal group to Non-performing group		(4,418	)		10,190			5,772
Transfer from Non-performing group to Normal group		535			(2,015	)		(1,480	)
New credits originated		1,496			10			1,506
New credits purchased		—			—			—
Sales or transfers of credits		—			—			—
Payment of credit		(965	)		(4,700	)		(5,665	)
Provisions for write-offs		—			(812	)		(812	)
Recovery of written-off loans		—			—			—
Changes to models and assumptions		—			—			—
Foreign exchange differences		—			—			—
Other changes in allowances		—			—			—
Balance as of December 31, 2025		16,130			25,981			42,111

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(f)

Allowances, continued:

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

	Changes in allowances established by portfolio in the period
	Group Evaluation
Consumer loans	Normal Portfolio			Non-performing Portfolio			Total
	MCh$			MCh$			MCh$

Balance as of January 1, 2026		260,146			162,819			422,965
Allowances established/ released:
Change in measurement without portfolio reclassification during the period		117,923			24,536			142,459
Change in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer from Normal group to Non-performing group		(90,329	)		106,496			16,167
Transfer from Non-performing group to Normal group		2,323			(14,716	)		(12,393	)
New credits originated		46,398			50,023			96,421
New credits for conversion of contingent to loan		78,252			786			79,038
New credits purchased		—			—			—
Sales or transfers of credits		—			—			—
Payment of credit		(160,705	)		(50,208	)		(210,913	)
Provisions for write-offs		—			(113,149	)		(113,149	)
Recovery of written-off loans		451			—			451
Changes to models and assumptions		—			—			—
Foreign exchange differences		54			35			89
Other changes in allowances		—			—			—
Balance as of June 30, 2026		254,513			166,622			421,135

	Changes in allowances established by portfolio in the year
	Group Evaluation
Consumer loans	Normal Portfolio			Non-performing Portfolio			Total
	MCh$			MCh$			MCh$

Balance as of January 1, 2025		200,057			167,332			367,389
Allowances established/ released:
Change in measurement without portfolio reclassification during the year		189,896			49,430			239,326
Change in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer from Normal group to Non-performing group		(155,357	)		187,954			32,597
Transfer from Non-performing group to Normal group		6,242			(38,151	)		(31,909	)
New credits originated		89,298			89,118			178,416
New credits for conversion of contingent to loan		168,066			1,658			169,724
New credits purchased		—			—			—
Sales or transfers of credits		—			—			—
Payment of credit		(282,980	)		(92,752	)		(375,732	)
Provisions for write-offs		—			(194,440	)		(194,440	)
Recovery of written-off loans		1,160			—			1,160
Changes to models and assumptions		43,987			(7,328	)		36,659
Foreign exchange differences		(223	)		(2	)		(225	)
Other changes in allowances		—			—			—
Balance as of December 31, 2025		260,146			162,819			422,965

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(f)

Allowances, continued:

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

	Changes in provisions established by portfolio in the period
	Normal Portfolio						Substandard Portfolio			Non-performing Portfolio
	Evaluation						Evaluation			Evaluation
Contingent loan exposure	Individual			Group			Individual			Individual			Group			Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Balance as of January 1, 2026		38,137			33,300			2,924			6,496			3,656			84,513
Provisions established / released:
Change in measurement without portfolio reclassification during the period		2,112			9,230			56			827			1,200			13,425
Change in measurement without portfolio reclassification from the beginning to the end of the period (portfolio from (-) until (+)):
Transfer from Normal individual to Substandard		(148	)		—			241			—			—			93
Transfer from Normal individual to Non-performing individual		—			—			—			61			—			61
Transfer from Substandard to Non-performing individual		—			—			(12	)		382			—			370
Transfer from Substandard to Normal individual		12			—			(20	)		—			—			(8	)
Transfer from Non-performing individual to Substandard		—			—			1			(31	)		—			(30	)
Transfer from Non-performing individual to Normal individual		—			—			—			(14	)		—			(14	)
Transfer from Normal group to Non-performing group		—			(113	)		—			—			1,650			1,537
Transfer from Non-performing group to Normal group		—			4			—			—			(441	)		(437	)
Transfer from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)		—			—			—			—			—			—
Transfer from Group (normal, non-performing) to Individual (normal, substandard, non-performing)		56			(40	)		—			—			—			16
New contingent loan granted		16,181			1,143			1,109			49			63			18,545
Contingent credits for conversion		(889	)		(6,382	)		(73	)		(694	)		(810	)		(8,848	)
Changes to models and assumptions		—			—			—			—			—			—
Foreign exchange differences		146			298			—			—			—			444
Other changes in allowances		(16,230	)		(2,993	)		(3,383	)		(2,651	)		(1,677	)		(26,934	)
Balance as of June 30, 2026		39,377			34,447			843			4,425			3,641			82,733

	Changes in provisions constituted by portfolio in the year
	Normal Portfolio						Substandard Portfolio			Non-performing Portfolio
	Evaluation						Evaluation			Evaluation
Contingent loan exposure	Individual			Group			Individual			Individual			Group			Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Balance as of January 1, 2025		41,208			5,343			2,894			14,400			3,692			67,537
Provisions established / released:
Change in measurement without portfolio reclassification during the year		1,492			16,043			285			3,474			1,962			23,256
Change in measurement without portfolio reclassification from the beginning to the end of the year (portfolio from (-) until (+)):
Transfer from Normal individual to Substandard		(272	)		—			599			—			—			327
Transfer from Normal individual to Non-performing individual		(1	)		—			—			69			—			68
Transfer from Substandard to Non-performing individual		—			—			(172	)		1,242			—			1,070
Transfer from Substandard to Normal individual		173			—			(374	)		—			—			(201	)
Transfer from Non-performing individual to Substandard		—			—			1			(53	)		—			(52	)
Transfer from Non-performing individual to Normal individual		—			—			—			(36	)		—			(36	)
Transfer from Normal group to Non-performing group		—			(301	)		—			—			3,427			3,126
Transfer from Non-performing group to Normal group		—			17			—			—			(1,836	)		(1,819	)
Transfer from Individual (normal, substandard, Non-performing) to Group (normal, Non-performing)		—			—			—			—			—			—
Transfer from Group (normal, non-performing) to Individual (normal, substandard, non-performing)		67			(49	)		20			—			—			38
New contingent loan granted		32,199			2,575			8,550			138			320			43,782
Contingent credits for conversion		(2,036	)		(5,941	)		(23	)		(1,448	)		(1,508	)		(10,956	)
Changes to models and assumptions		—			27,208			—			—			531			27,739
Foreign exchange differences		(682	)		(1,021	)		(12	)		(20	)		(147	)		(1,882	)
Other changes in allowances		(34,011	)		(10,574	)		(8,844	)		(11,270	)		(2,785	)		(67,484	)
Balance as of December 31, 2025		38,137			33,300			2,924			6,496			3,656			84,513

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

Economic activity sector:

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

	Credit and Contingent loans Exposure												Allowances Established
	Domestic loans				Foreign loans				Total		Total		Domestic loans						Foreign loans						Total			Total
	June		December		June		December		June		December		June			December			June			December			June			December
	2026		2025		2026		2025		2026		2025		2026			2025			2026			2025			2026			2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Loans to Banks	650,000		—		349,537		399,792		999,537		399,792		(72)			—			(589)			(669)			(661)			(669)

Commercial loans
Agriculture and livestock		851,715		792,012		—		—		851,715		792,012		(16,795	)		(14,497	)		—			—			(16,795	)		(14,497	)
Fruit		621,673		659,003		—		—		621,673		659,003		(10,759	)		(10,315	)		—			—			(10,759	)		(10,315	)
Forestry		79,549		83,379		—		—		79,549		83,379		(4,105	)		(6,035	)		—			—			(4,105	)		(6,035	)
Fishing		26,721		31,154		—		—		26,721		31,154		(1,116	)		(1,837	)		—			—			(1,116	)		(1,837	)
Mining		242,005		245,015		—		—		242,005		245,015		(2,775	)		(2,548	)		—			—			(2,775	)		(2,548	)
Oil and natural gas		241		111		—		—		241		111		(10	)		(7	)		—			—			(10	)		(7	)
Product manufacturing industry:
Food, beverages and tobacco		717,980		715,555		—		—		717,980		715,555		(12,672	)		(10,827	)		—			—			(12,672	)		(10,827	)
Textile, leather goods and footwear		20,565		23,912		—		—		20,565		23,912		(605	)		(597	)		—			—			(605	)		(597	)
Wood and furniture		83,400		83,497		—		—		83,400		83,497		(3,158	)		(3,069	)		—			—			(3,158	)		(3,069	)
Cellulose, paper and printing		13,953		17,199		—		—		13,953		17,199		(400	)		(671	)		—			—			(400	)		(671	)
Chemicals and petroleum products		271,106		167,865		—		—		271,106		167,865		(6,519	)		(6,228	)		—			—			(6,519	)		(6,228	)
Metal, non-metal, machinery or others		528,223		511,841		—		—		528,223		511,841		(10,116	)		(10,139	)		—			—			(10,116	)		(10,139	)
Electricity, gas and water		214,541		238,995		1,398		1,366		215,939		240,361		(3,160	)		(2,989	)		(60	)		(58	)		(3,220	)		(3,047	)
Residential construction		207,660		174,440		—		—		207,660		174,440		(5,176	)		(5,100	)		—			—			(5,176	)		(5,100	)
Non-residential constructions (office, civil engineering)		861,648		493,346		—		—		861,648		493,346		(7,578	)		(8,128	)		—			—			(7,578	)		(8,128	)
Wholesale		1,412,497		1,489,446		—		—		1,412,497		1,489,446		(45,197	)		(45,131	)		—			—			(45,197	)		(45,131	)
Retail, restaurants and hotels		1,052,307		1,043,462		—		—		1,052,307		1,043,462		(39,463	)		(42,420	)		—			—			(39,463	)		(42,420	)
Transport and storage		1,031,806		1,036,044		—		—		1,031,806		1,036,044		(33,394	)		(31,049	)		—			—			(33,394	)		(31,049	)
Communications		227,275		198,462		—		—		227,275		198,462		(2,948	)		(3,233	)		—			—			(2,948	)		(3,233	)
Financial services		2,867,236		2,806,363		—		36,163		2,867,236		2,842,526		(23,682	)		(25,757	)		—			(633	)		(23,682	)		(26,390	)
Business services		2,463,853		2,274,095		—		—		2,463,853		2,274,095		(57,204	)		(53,104	)		—			—			(57,204	)		(53,104	)
Real estate services		3,773,538		3,533,269		1,186		2,323		3,774,724		3,535,592		(24,123	)		(20,968	)		(3	)		(5	)		(24,126	)		(20,973	)
Student loans		45,792		47,266		—		—		45,792		47,266		(4,329	)		(4	)		—			—			(4,329	)		(4	)
Government administration, defense and police force		13,114		26,103		—		—		13,114		26,103		(233	)		(273	)		—			—			(233	)		(273	)
Social services and other community services		951,732		907,128		—		—		951,732		907,128		(19,719	)		(18,986	)		—			—			(19,719	)		(18,986	)
Personal services		1,906,736		1,870,541		—		—		1,906,736		1,870,541		(43,548	)		(47,287	)		—			—			(43,548	)		(47,287	)
Subtotal		20,486,866		19,469,503		2,584		39,852		20,489,450		19,509,355		(378,784	)		(371,199	)		(63	)		(696	)		(378,847	)		(371,895	)

Residential mortgage loans		14,179,918		13,916,618		—		—		14,179,918		13,916,618		(44,933	)		(42,111	)		—			—			(44,933	)		(42,111	)

Consumer loans		5,604,853		5,765,997		—		—		5,604,853		5,765,997		(421,135	)		(422,965	)		—			—			(421,135	)		(422,965	)

Contingent loan exposure		16,101,214		15,434,703		—		—		16,101,214		15,434,703		(82,733	)		(84,513	)		—			—			(82,733	)		(84,513	)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(h)

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

As of June 30, 2026

	Residential mortgage loans (MCh$)												Allowances established of Residential mortgage loans (MCh$)
	Days in default at the end of the period												Days in default at the end of the period
Loan Tranche / Guarantee Value (%)	0		1 to 29		30 to 59		60 to 89		> = 90		Total		0			1 to 29			30 to 59			60 to 89			> = 90			Total
PVG <=40%		2,283,794		45,458		23,152		9,655		23,321		2,385,380		(1,928	)		(717	)		(714	)		(354	)		(1,299	)		(5,012	)
40% < PVG <= 80%		10,082,955		260,012		125,630		55,744		193,997		10,718,338		(11,868	)		(4,651	)		(3,918	)		(2,204	)		(11,636	)		(34,277	)
80% < PVG <= 90%		788,512		12,140		3,995		2,378		6,950		813,975		(1,721	)		(520	)		(275	)		(170	)		(1,154	)		(3,840	)
PVG > 90%		258,089		1,235		641		230		2,030		262,225		(1,205	)		(77	)		(34	)		(14	)		(474	)		(1,804	)
Total		13,413,350		318,845		153,418		68,007		226,298		14,179,918		(16,722	)		(5,965	)		(4,941	)		(2,742	)		(14,563	)		(44,933	)

As of December 31, 2025

	Residential mortgage loans (MCh$)												Allowances established of Residential mortgage loans (MCh$)
	Days in default at the end of the year												Days in default at the end of the year
Loan Tranche / Guarantee Value (%)	0		1 to 29		30 to 59		60 to 89		> = 90		Total		0			1 to 29			30 to 59			60 to 89			> = 90			Total
PVG <=40%		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 <= 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 <= 90%		779,994		11,420		3,879		1,987		8,982		806,262		(1,702	)		(402	)		(281	)		(180	)		(1,456	)		(4,021	)
PVG > 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	)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(i)

Loans 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			Portfolio Non-									Fogape
As of June 30, 2026	A1			A2			A3			A4			A5			A6			Subtotal			B1			B2			B3			B4			Subtotal			C1			C2			C3			C4			C5			C6			Subtotal			Total			Normal			performing			Total			Total			Covid 19
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Loans to Banks
Interbank loans of liquidity		200,000			—			—			—			—			—			200,000			—			—			—			—			—			—			—			—			—			—			—			—			200,000			—			—			—			200,000			—
Commercial interbank loans		—			—			161,997			—			—			—			161,997			—			—			—			—			—			—			—			—			—			—			—			—			161,997			—			—			—			161,997			—
Overdrafts on current accounts		—			—			—			—			—			—						—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—						—
Chilean exports foreign trade loans		47,462			65,161			74,917			—			—			—			187,540			—			—			—			—			—			—			—			—			—			—			—			—			187,540			—			—			—			187,540			—
Chilean imports foreign trade loans		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Foreign trade loans between third countries		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Current account deposits with foreign banks for derivative transactions		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Other non-transferable deposits in banks		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Other loans with banks		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Subtotal		247,462			65,161			236,914			—			—			—			549,537			—			—			—			—			—			—			—			—			—			—			—			—			549,537			—			—			—			549,537			—
Allowances established		89			54			518			—			—			—			661			—			—			—			—			—			—			—			—			—			—			—			—			661			—			—			—			661			—
% Allowances established		0.04	%		0.08	%		0.22	%		—			—			—			0.12	%		—			—			—			—			—			—			—			—			—			—			—			—			0.12	%		—			—			—			0.12	%		—

Commercial loans
Commercial loans		—			1,625,815			1,823,203			1,825,385			4,043,310			1,960,488			11,278,201			105,114			42,643			27,655			7,306			182,718			93,975			34,176			20,560			23,392			6,989			38,562			217,654			11,678,573			3,888,977			376,496			4,265,473			15,944,046			1,418
Chilean exports foreign trade loans		—			70,905			56,010			157,672			255,852			177,644			718,083			2,067			318			—			5,628			8,013			10,209			550			292			2,241			—			2,141			15,433			741,529			2,987			166			3,153			744,682			—
Accrediting foreign trade loans negotiated in terms of Chilean imports		—			—			—			—			—			258			258			—			—			—			—			—			—			—			—			—			—			—			—			258			—			—			—			258			—
Chilean imports foreign trade loans		—			7,004			68,764			102,066			128,422			158,848			465,104			7,726			617			—			—			8,343			342			—			—			778			689			1,519			3,328			476,775			43,154			1,394			44,548			521,323			—
Foreign trade loans between third countries		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Current account debtors		—			37			2,575			19,761			22,594			17,335			62,302			4,065			1,355			321			250			5,991			649			127			58			1,201			638			1,968			4,641			72,934			87,352			2,344			89,696			162,630			—
Credit card debtors		—			425			2,198			4,429			10,719			11,162			28,933			1,022			283			91			24			1,420			208			123			38			83			118			965			1,535			31,888			85,735			12,834			98,569			130,457			—
Factoring transactions		—			195,245			198,170			53,067			156,124			126,741			729,347			7,736			18			—			—			7,754			—			20			—			—			—			97			117			737,218			32,541			30			32,571			769,789			—
Commercial lease transactions		—			44,949			90,963			330,857			703,540			591,117			1,761,426			25,370			5,188			1,912			2,072			34,542			7,033			5,655			2,293			15,867			10,634			707			42,189			1,838,157			300,889			13,461			314,350			2,152,507			—
Student loans		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			42,671			3,121			45,792			45,792			—
Other loans and accounts receivable		—			650			1,518			1,321			2,422			2,386			8,297			60			93			3			18			174			1,457			55			73			3,479			313			2,311			7,688			16,159			820			987			1,807			17,966			—
Subtotal		—			1,945,030			2,243,401			2,494,558			5,322,983			3,045,979			15,051,951			153,160			50,515			29,982			15,298			248,955			113,873			40,706			23,314			47,041			19,381			48,270			292,585			15,593,491			4,485,126			410,833			4,895,959			20,489,450			—
Allowances established		—			1,085			3,697			22,707			57,639			69,420			154,548			4,401			730			303			330			5,764			2,277			4,071			5,828			18,817			12,597			43,442			87,032			247,344			39,749			90,336			130,085			377,429			1,418
% Allowances established		—			0.06	%		0.16	%		0.91	%		1.08	%		2.28	%		1.03	%		2.87	%		1.45	%		1.01	%		2.16	%		2.32	%		2.00	%		10.00	%		25.00	%		40.00	%		65.00	%		90.00	%		29.75	%		1.59	%		0.89	%		21.99	%		2.66	%		1.84	%		—

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(i)

Loans to Banks and Commercial loans and their allowances established by classification category, continued:

	Individual Evaluation																																																		Group Evaluation												Provisions of deductible guarantees
	Normal Portfolio																					Substandard Portfolio															Non-performing Portfolio																								Portfolio			Portfolio Non-									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			performing			Total			Total			Covid 19
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Loans to Banks
Interbank loans of liquidity		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Commercial interbank loans		—			—			204,397			—			—			—			204,397			—			—			—			—			—			—			—			—			—			—			—			—			204,397			—			—			—			204,397			—
Overdrafts on current accounts		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Chilean exports foreign trade loans		21,658			121,875			51,862			—			—			—			195,395			—			—			—			—			—			—			—			—			—			—			—			—			195,395			—			—			—			195,395			—
Chilean imports foreign trade loans		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Foreign trade loans between third countries		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Current account deposits with foreign banks for derivative transactions		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Other non-transferable deposits in banks		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Other loans with banks		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Subtotal		21,658			121,875			256,259			—			—			—			399,792			—			—			—			—			—			—			—			—			—			—			—			—			399,792			—			—			—			399,792			—
Allowances established		8			101			560			—			—			—			669			—			—			—			—			—			—			—			—			—			—			—			—			669			—			—			—			669			—
% Allowances established		0.04	%		0.08	%		0.22	%		—			—			—			0.17	%		—			—			—			—			—			—			—			—			—			—			—			—			0.17	%		—			—			—			0.17	%		—

Commercial loans
Commercial 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 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 foreign trade loans negotiated in terms of Chilean imports		—			—			—			—			—			273			273			—			—			—			—			—			—			—			—			—			—			—			—			273			—			—			—			273			—
Chilean 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 trade loans between third countries		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—
Current 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 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 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 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 loans		—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			—			44,179			3,088			47,267			47,267			—
Other 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 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
% 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(j)

Loans 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 established
	Normal Portfolio				Substandard Portfolio		Non-performing Portfolio						Normal Portfolio						Substandard Portfolio			Non-performing Portfolio									Deductible guarantees						Net
	Evaluation				Evaluation		Evaluation				Sub		Evaluation						Evaluation			Evaluation						Sub			Fogape						Financial
As of June 30, 2026	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 to Banks
0 days		500,388		—		—		—		—		500,388		(627	)		—			—			—			—			(627	)		—			(627	)
1 to 29 days		49,149		—		—		—		—		49,149		(34	)		—			—			—			—			(34	)		—			(34	)
30 to 59 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
60 to 89 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
> = 90 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
Subtotal		549,537		—		—		—		—		549,537		(661	)		—			—			—			—			(661	)		—			(661	)		548,876

Commercial loans
0 days		14,765,573		4,249,458		206,598		108,664		99,178		19,429,471		(150,122	)		(29,526	)		(4,997	)		(34,034	)		(17,620	)		(236,299	)		(1,418	)		(237,717	)
1 to 29 days		268,393		166,393		29,454		36,573		39,992		540,805		(4,172	)		(5,394	)		(475	)		(5,110	)		(6,591	)		(21,742	)		—			(21,742	)
30 to 59 days		17,958		50,652		9,071		25,829		37,150		140,660		(253	)		(3,149	)		(204	)		(5,100	)		(6,419	)		(15,125	)		—			(15,125	)
60 to 89 days		27		18,623		3,623		10,569		24,299		57,141		(1	)		(1,680	)		(88	)		(1,608	)		(4,710	)		(8,087	)		—			(8,087	)
> = 90 days		—		—		209		110,950		210,214		321,373		—			—			—			(41,180	)		(54,996	)		(96,176	)		—			(96,176	)
Subtotal		15,051,951		4,485,126		248,955		292,585		410,833		20,489,450		(154,548	)		(39,749	)		(5,764	)		(87,032	)		(90,336	)		(377,429	)		(1,418	)		(378,847	)		20,110,603

Residential mortgage loans
0 days		—		13,328,248		—		—		85,102		13,413,350		—			(11,122	)		—			—			(5,600	)		(16,722	)		—			(16,722	)
1 to 29 days		—		272,037		—		—		46,808		318,845		—			(3,029	)		—			—			(2,936	)		(5,965	)		—			(5,965	)
30 to 59 days		—		105,214		—		—		48,204		153,418		—			(1,899	)		—			—			(3,042	)		(4,941	)		—			(4,941	)
60 to 89 days		—		38,735		—		—		29,272		68,007		—			(963	)		—			—			(1,779	)		(2,742	)		—			(2,742	)
> = 90 days		—		—		—		—		226,298		226,298		—			—			—			—			(14,563	)		(14,563	)		—			(14,563	)
Subtotal		—		13,744,234		—		—		435,684		14,179,918		—			(17,013	)		—			—			(27,920	)		(44,933	)		—			(44,933	)		14,134,985

Consumer loans
0 days		—		4,816,178		—		—		86,652		4,902,830		—			(177,471	)		—			—			(46,471	)		(223,942	)		—			(223,942	)
1 to 29 days		—		389,373		—		—		36,581		425,954		—			(40,024	)		—			—			(19,834	)		(59,858	)		—			(59,858	)
30 to 59 days		—		66,220		—		—		38,684		104,904		—			(23,724	)		—			—			(21,057	)		(44,781	)		—			(44,781	)
60 to 89 days		—		28,138		—		—		26,500		54,638		—			(13,294	)		—			—			(14,593	)		(27,887	)		—			(27,887	)
> = 90 days		—		—		—		—		116,527		116,527		—			—			—			—			(64,667	)		(64,667	)		—			(64,667	)
Subtotal		—		5,299,909		—		—		304,944		5,604,853		—			(254,513	)		—			—			(166,622	)		(421,135	)		—			(421,135	)		5,183,718

Total Loans		15,601,488		23,529,269		248,955		292,585		1,151,461		40,823,758		(155,209	)		(311,275	)		(5,764	)		(87,032	)		(284,878	)		(844,158	)		(1,418	)		(845,576	)		39,978,182

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(j)

Loans and their allowances for loan losses by number of days past-due, continued:

	Financial assets before allowances												Allowances 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 of December 31, 2025	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 to Banks
0 days		275,178		—		—		—		—		275,178		(572	)		—			—			—			—			(572	)		—			(572	)
1 to 29 days		124,614		—		—		—		—		124,614		(97	)		—			—			—			—			(97	)		—			(97	)
30 to 59 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
60 to 89 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
> = 90 days		—		—		—		—		—		—		—			—			—			—			—			—			—			—
Subtotal		399,792		—		—		—		—		399,792		(669	)		—			—			—			—			(669	)		—			(669	)		399,123

Commercial loans
0 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 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 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 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	)
> = 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 mortgage loans
0 days		—		13,093,896		—		—		75,049		13,168,945		—			(10,442	)		—			—			(4,941	)		(15,383	)		—			(15,383	)
1 to 29 days		—		282,937		—		—		39,861		322,798		—			(2,864	)		—			—			(2,431	)		(5,295	)		—			(5,295	)
30 to 59 days		—		99,433		—		—		42,995		142,428		—			(1,888	)		—			—			(2,687	)		(4,575	)		—			(4,575	)
60 to 89 days		—		33,881		—		—		31,836		65,717		—			(936	)		—			—			(1,905	)		(2,841	)		—			(2,841	)
> = 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 loans
0 days		—		5,181,589		—		—		81,810		5,263,399		—			(195,078	)		—			—			(44,061	)		(239,139	)		—			(239,139	)
1 to 29 days		—		197,891		—		—		31,921		229,812		—			(29,756	)		—			—			(17,575	)		(47,331	)		—			(47,331	)
30 to 59 days		—		64,450		—		—		39,232		103,682		—			(22,994	)		—			—			(21,719	)		(44,713	)		—			(44,713	)
60 to 89 days		—		26,202		—		—		26,112		52,314		—			(12,318	)		—			—			(14,494	)		(26,812	)		—			(26,812	)
> = 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 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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

13.

Financial assets at amortized cost, continued:

(k)

Finance lease contracts:

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

	Total receivable				Unearned income						Net lease receivable (*)
	June		December		June			December			June		December
	2026		2025		2026			2025			2026		2025
	MCh$		MCh$		MCh$			MCh$			MCh$		MCh$
Due within one year		729,214		710,040		(105,290	)		(103,108	)		623,924		606,932
Due after 1 year but within 2 years		554,932		535,475		(76,113	)		(75,325	)		478,819		460,150
Due after 2 years but within 3 years		362,471		352,493		(48,648	)		(47,794	)		313,823		304,699
Due after 3 years but within 4 years		251,056		246,887		(31,907	)		(31,701	)		219,149		215,186
Due after 4 years but within 5 years		148,868		152,099		(22,529	)		(21,669	)		126,339		130,430
Due after 5 years		427,184		414,606		(48,261	)		(47,937	)		378,923		366,669
Total		2,473,725		2,411,600		(332,748	)		(327,534	)		2,140,977		2,084,066

(*)

The net lease receivable does not include past-due portfolio totaling Ch$12,933 million as of June 30, 2026 (Ch$12,926 million in December 2025).

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 1 and 12 years.

(l)

Purchase of loan portfolio:

During the period ended as of June 30, 2026 and December 31, 2025 no portfolio purchases were made.

(m)

Sale or transfer of loans:

During the period 2026, the following sales or transfer of loans were made:

	June 2026
	Carrying amount		Allowances		Sale price		Effect on income (loss) gain
	MCh$		MCh$		MCh$		MCh$
Sale or transfer of current loans		289		5		289		5
Sale or transfer of written – off loans		—		—		—		—
Total		289		5		289		5

As of June 30, 2025, no sales or transfers of loans from the loan portfolio have been made.

(n)

Securitization of own assets:

During the period 2026 and the year 2025, there are not securitization transactions executed involving its own assets.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

14.

Investments in Other companies:

(a)

At the end of each period, investments are presented according to the following detail:

		% Ownership Interest				Assets
		June		December		June		December
Company	Shareholder	2026		2025		2026		2025
		%		%		MCh$		MCh$
Associates
Transbank S.A.	Banco de Chile		26.16		26.16		44,438		44,601
Redbanc S.A.	Banco de Chile		38.13		38.13		7,372		6,685
Centro de Compensación Automatizado S.A.	Banco de Chile		33.33		33.33		5,445		6,296
Sociedad Interbancaria de Depósitos de Valores S.A.	Banco de Chile		26.81		26.81		3,195		3,078
Servicios de Infraestructura de Mercado OTC S.A.	Banco de Chile		12.33		12.33		1,867		1,861
Administrador Financiero de Transantiago S.A.	Banco de Chile		20.00		20.00		1,801		2,101
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Banco de Chile		15.00		15.00		1,544		1,511
Subtotal Associates							65,662		66,133

Joint Venture
Servipag Ltda.	Banco de Chile		50.00		50.00		9,403		9,695
Subtotal Joint Venture							9,403		9,695
Subtotal							75,065		75,828

Minority Investments
Holding Bursátil Regional S.A. ⁽¹⁾	Banchile Corredores de Bolsa						10,512		8,387
Banco Latinoamericano de Comercio Exterior S.A. (Bladex) ⁽¹⁾	Banco de Chile						3,365		2,386
Bolsa Electrónica de Chile, Bolsa de Valores ⁽¹⁾	Banchile Corredores de Bolsa						349		349
Sociedad de Telecomunicaciones Financieras Interbancarias Mundiales (Swift)	Banco de Chile						104		102
CCLV Contraparte Central S.A.	Banchile Corredores de Bolsa						8		8
Subtotal Minority Investments							14,338		11,232
Total							89,403		87,060

(1)

Investments in shares have been irrevocably designated as at fair value through other comprehensive income and, therefore, are recorded at market value in accordance with IFRS 9.

(b)

Changes in investments in companies recorded under the equity method in the period 2026 and 2025 is detailed as follows:

	June			June
	2026			2025
	MCh$			MCh$
Balance as of January 1,		75,828			67,277
Acquisition of investments in companies		—			—
Participation in net income		2,162			5,407
Dividends received		(2,749	)		(3,374	)
Reclassification to non-current assets for sale		—			—
Other		(176	)		26
Total		75,065			69,336

(c)

During the period ended June 30, 2026 and 2025, no impairment has been recorded in these investments.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

14.

Investments in other companies, continued:

(d)

Summarized Financial Information of Associates and Joint Ventures

	Associates
June 2026	Centro de Compensación Automatizado S.A.			Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.			Sociedad Interbancaria de Depósito de Valores S.A.			Redbanc S.A.			Transbank S.A.			Administrador Financiero de Transantiago S.A.			Servicios de Infraestructura de Mercado OTC S.A.			Joint Venture Servipag Ltda.
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Current assets		6,678			2,010			203			17,967			1,293,328			62,367			5,487			63,674
Non-current assets		13,338			9,325			11,716			11,004			107,108			835			12,740			17,559
Total Assets		20,016			11,335			11,919			28,971			1,400,436			63,202			18,227			81,233

Current liabilities		3,431			1,056			—			9,731			1,201,538			52,062			2,741			56,752
Non-current liabilities		591			203			—			92			29,006			2,435			388			5,675
Total Liabilities		4,022			1,259			—			9,823			1,230,544			54,497			3,129			62,427
Equity		15,994			10,076			11,919			19,148			169,892			8,705			15,089			18,806
Minority interest		—			—			—			—			—			—			9			—
Total Liabilities and Equity		20,016			11,335			11,919			28,971			1,400,436			63,202			18,227			81,233

Operating income		9,641			3,144			1			25,213			355,363			2,230			3,154			16,776
Operating expenses		(5,723	)		(2,521	)		(20	)		(23,002	)		(302,118	)		(1,085	)		(3,457	)		(17,696	)
Other income (expenses)		498			265			1,064			112			(54,016	)		234			406			167
Income before tax		4,416			888			1,045			2,323			(771	)		1,379			103			(753	)
Income tax		(978	)		(168	)		—			(486	)		763			(372	)		55			169
Income (loss) for the period		3,438			720			1,045			1,837			(8	)		1,007			158			(584	)

	Associates
December 2025	Centro de Compensación Automatizado S.A.			Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.			Sociedad Interbancaria de Depósito de Valores S.A.			Redbanc S.A.			Transbank S.A.			Administrador Financiero de Transantiago S.A.			Servicios de Infraestructura de Mercado OTC S.A.			Joint Venture Servipag Ltda.
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

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

Current liabilities		3,816			1,599			608			12,896			1,437,807			51,445			19,976			69,469
Non-current liabilities		229			259			—			108			29,243			1,659			536			5,748
Total 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 interest		—			—			—			—			—			—			9			—
Total Liabilities and Equity		22,332			11,460			11,495			30,199			1,636,950			62,857			35,532			94,606

Operating income		23,082			7,748			2			63,621			895,308			5,236			8,782			42,073
Operating expenses		(15,635	)		(6,054	)		(54	)		(59,339	)		(725,117	)		(2,654	)		(9,302	)		(39,118	)
Other income (expenses)		602			364			2,045			137			(142,240	)		696			741			839
Income before tax		8,049			2,058			1,993			4,419			27,951			3,278			221			3,794
Income tax		(2,027	)		(477	)		—			(1,064	)		(5,853	)		(773	)		34			(920	)
Income for the year		6,022			1,581			1,993			3,355			22,098			2,505			255			2,874

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

15.

Intangible Assets:

(a)

The composition of intangible assets as of June 30, 2026 and December 31, 2025, are as follows:

	Average useful Life				Average remaining amortization				Gross balance				Accumulated Amortization						Net balance
	June		December		June		December		June		December		June			December			June		December
	2026		2025		2026		2025		2026		2025		2026			2025			2026		2025
	Years		Years		Years		Years		MCh$		MCh$		MCh$			MCh$			MCh$		MCh$
Other independently originated intangible assets		6		6		4		4		460,228		433,543		(281,084	)		(258,965	)		179,144		174,578
Total										460,228		433,543		(281,084	)		(258,965	)		179,144		174,578

(b)

Changes in intangible assets during the period ended June 30, 2026 and December 31, 2025, are detailed as follows:

	June			December
	2026			2025
	MCh$			MCh$
Gross Balance
Balance as of January 1,		433,543			379,546
Acquisition		26,722			58,597
Disposals/ write-downs		(11	)		(9,474	)
Transfers		(26	)		5,567
Impairment (*)		—			(693	)
Total		460,228			433,543

Accumulated Amortization
Balance as of January 1,		(258,965	)		(220,990	)
Amortization for the period (**)		(22,130	)		(41,453	)
Disposals/ write-downs		11			8,304
Transfers		—			(5,055	)
Impairment (*)		—			229
Total		(281,084	)		(258,965	)
Balance Net		179,144			174,578

(*)	See Note 40 Impairment of non-financial assets.

(**)

See Note 39 Depreciation and Amortization.

(c)

As of June 30, 2026, the Bank records Ch$20,014 million (Ch$18,157 million as of December 31, 2025) of assets associated with technological developments in progress.

(d)

As of June 30, 2026 and December 31, 2025, there are no restrictions on the Bank’s intangible assets. Also, there are no intangible assets held as collateral for the fulfillment of obligations.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

16.

Property and equipment:

(a)

The properties and equipment as of June 30, 2026 and December 31, 2025 are composed of the following:

	Average useful Life		Average remaining depreciation		Gross balance				Accumulated Depreciation						Net balance
	June	December	June	December	June		December		June			December			June		December
	2026	2025	2026	2025	2026		2025		2026			2025			2026		2025
	Years	Years	Years	Years	MCh$		MCh$		MCh$			MCh$			MCh$		MCh$
Class of property and equipment:
Land and Buildings	25	25	17	17		322,706		324,366		(178,500	)		(175,899	)		144,206		148,467
Equipment	5	5	3	3		265,814		259,367		(242,089	)		(236,924	)		23,725		22,443
Others	7	7	5	4		62,622		60,170		(52,648	)		(51,666	)		9,974		8,504
Total						651,142		643,903		(473,237	)		(464,489	)		177,905		179,414

(b)

The changes in properties and equipment as of June 30, 2026 and December 31, 2025, are as follows:

	June 2026
	Land and Buildings			Equipment			Others			Total
	MCh$			MCh$			MCh$			MCh$
Gross Balance
Balance as of January 1, 2026		324,366			259,367			60,170			643,903
Reclassification		—			—			—			—
Additions		2,869			6,588			2,860			12,317
Disposals and sales for the period		(4,529	)		(137	)		(279	)		(4,945	)
Transfers		—			—			(129	)		(129	)
Impairment (**)		—			(4	)		—			(4	)
Total		322,706			265,814			62,622			651,142

Accumulated Depreciation
Balance as of January 1, 2026		(175,899	)		(236,924	)		(51,666	)		(464,489	)
Reclassification		—			—			—			—
Depreciation for the period (*)		(4,674	)		(5,302	)		(1,257	)		(11,233	)
Disposals and sales of the period		2,073			137			275			2,485
Transfers		—			—			—			—
Total		(178,500	)		(242,089	)		(52,648	)		(473,237	)
Balance as of June 30, 2026		144,206			23,725			9,974			177,905

	December 2025
	Land 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
Disposals and sales for the 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 Depreciation
Balance as of January 1, 2025		(173,132	)		(236,146	)		(53,851	)		(463,129	)
Reclassification		(1,150	)		(173	)		1,323			—
Depreciation for the year		(9,807	)		(11,379	)		(2,458	)		(23,644	)
Disposals and sales for the 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, 2025		148,467			22,443			8,504			179,414

(*)

See Note 39 Depreciation and Amortization.

(**)

See Note 40 Impairment of non-financial assets.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

16.

Property and equipment, continued:

(c)

As of June 30, 2026, the Bank records Ch$12,801 million (Ch$10,920 million as of December 31, 2025) in assets under commissioning.

(d)

As of June 30, 2026 and December 31, 2025, there are no restrictions on property and equipment of the Bank and its subsidiaries. Furthermore, there are no property and equipment held as collateral for the fulfillment of obligations.

17.

Right-of-use assets and Lease liabilities:

(a)

The detail of the right-of-use assets as of June 30, 2026 and December 31, 2025, is as follows:

	Gross Balance				Accumulated Depreciation						Net Balance
	June		December		June			December			June		December
	2026		2025		2026			2025			2026		2025
	MCh$		MCh$		MCh$			MCh$			MCh$		MCh$
Categories
Buildings		122,117		111,839		(67,113	)		(62,144	)		55,004		49,695
Floor space for ATMs		41,620		41,026		(22,721	)		(18,040	)		18,899		22,986
Improvements to leased property		28,612		28,562		(22,439	)		(21,998	)		6,173		6,564
Total		192,349		181,427		(112,273	)		(102,182	)		80,076		79,245

(b)

The changes of the rights over leased assets as of June 30, 2026 and December 31, 2025, is as follows:

	June 2026
	Buildings			Floor space for ATMs			Improvements to leased property			Total
	MCh$			MCh$			MCh$			MCh$
Gross Balance
Balance as of January 1, 2026		111,839			41,026			28,562			181,427
Additions		15,062			614			164			15,840
Write-downs		(4,784	)		(20	)		(114	)		(4,918	)
Remeasurement		—			—			—			—
Other incremental		—			—			—			—
Total		122,117			41,620			28,612			192,349

Accumulated Depreciation
Balance as of January 1, 2026		(62,144	)		(18,040	)		(21,998	)		(102,182	)
Depreciation of the period (*)		(9,308	)		(4,691	)		(527	)		(14,526	)
Write-downs		4,418			10			86			4,514
Other incremental		(79	)		—			—			(79	)
Total		(67,113	)		(22,721	)		(22,439	)		(112,273	)
Balance as of June 30, 2026		55,004			18,899			6,173			80,076

(*)

See Note 39 Depreciation and Amortization.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

17.

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

	December 2025
	Buildings			Floor space for ATMs			Improvements to leased property			Total
	MCh$			MCh$			MCh$			MCh$

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

Accumulated 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	)
Disposals		21,321			293			726			22,340
Other increases		(227	)		—			—			(227	)
Total		(62,144	)		(18,040	)		(21,998	)		(102,182	)
Balance as of December 31, 2025		49,695			22,986			6,564			79,245

(c)

Future maturities (including unearned interest) of the lease liabilities as of June 30, 2026 and December 31, 2025 are detailed as follows:

	June 2026
	On Demand		Up to 1 month		Over 1 month up to 3 months		Over 3 months up to 12 months		Over 1 year and up to 3 years		Over 3 years and up to 5 years		Over 5 years		Total
Lease associated to:	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Buildings		—		1,615		3,230		13,264		24,238		9,847		5,835		58,029
ATMs		—		823		1,645		7,229		10,975		488		—		21,160
Total		—		2,438		4,875		20,493		35,213		10,335		5,835		79,189

	December 2025
	On Demand		Up to 1 month		Over 1 month up to 3 months		Over 3 months up to 12 months		Over 1 year and up to 3 years		Over 3 years and up to 5 years		Over 5 years		Total
Lease associated to:	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Buildings		—		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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

17.

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

The Bank and its subsidiaries record contracts with certain renewal options and for which there is reasonable certainty that such option will be exercised. In such cases, the lease term used to measure the liability and assets corresponds to an estimate of future renewals.

(d)

The changes in the obligations for lease liabilities and the cash flows for the periods 2026 and 2025 are detailed as follows:

Lease liability	Total cash flow for the period
	MCh$
Balances as of January 1, 2025		91,429
Liabilities for new lease agreements		5,281
Interest accrual expenses		1,113
Payments of principal and interests		(15,527	)
Remeasurement		(222	)
Derecognized contracts		—
Indexation		1,698
Balances as of June 30, 2025		83,772
Liabilities for new lease agreements		5,670
Interest accrual expenses		999
Payments of principal and interests		(15,370	)
Remeasurement		—
Derecognized contracts		(1,568	)
Indexation		840
Balances as of December 31, 2025		74,343
Liabilities for new lease agreements		14,037
Interest accrual expenses		910
Payments of principal and interests		(14,982	)
Remeasurement		—
Derecognized contracts		(368	)
Indexation		1,640
Balances as of June 30, 2026		75,580

(e)

The future cash flows related to short-term lease agreements in force as of June 30, 2026 correspond to Ch$4,072 million (Ch$5,071 million as of December 31, 2025).

(f)

As of June 30, 2026, the minimum future rental income to be received from operating leases amounts to Ch$18,560 million (Ch$19,926 million as of December 31, 2025).

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.

Taxes:

(a)

Current Taxes:

The Bank and its subsidiaries at the end of each period, have constituted a provision for first category income tax, which was determined based on current tax regulations, and has been reflected in the Interim Statement of Financial Position net of taxes to be recovered or payable, as applicable, as of June 30, 2026 and December 31, 2025 according to the following detail:

	June			December
	2026			2025
	MCh$			MCh$

Income tax		(177,740	)		(325,028	)
Previous year tax		—			—
Less:
Monthly prepaid taxes		164,078			286,874
Credit for training expenses		637			1,920
Others		3,306			4,271
Total tax (payable) receivable, net		(9,719	)		(31,963	)

Income tax rate		27	%		27	%

	June			December
	2026			2025
	MCh$			MCh$

Current tax assets		1,764			1,846
Current tax liabilities		(11,483	)		(33,809	)
Total tax (payable) receivable, net		(9,719	)		(31,963	)

(b)

Income Tax:

The effect of the tax expense during the periods between January 1 and June 30, 2026 and 2025, is composed of the following:

	June			June
	2026			2025
	MCh$			MCh$
Income tax expense:
Current year tax		183,193			170,140
Previous year tax		(538	)		(3,710	)
Subtotal		182,655			166,430
(Credit) debit for deferred taxes:
Origin and (reversal) of temporary differences		(22,346	)		(6,982	)
Subtotal		(22,346	)		(6,982	)
Others		(4,450	)		29
Net debit to income for income taxes		155,859			159,477

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.

Taxes, continued:

(c)

Reconciliation of effective tax rate:

The following table reconciles the income tax rate to the effective rate applied to determine the Bank’s income tax expense as of June 30, 2026 and 2025:

	June 2026						June 2025
	Tax rate						Tax rate
	%			MCh$			%			MCh$

Income tax calculated on net income before tax		27.00			220,065			27.00			214,188
Additions or deductions		(1.26	)		(10,269	)		(1.22	)		(9,657	)
Tax price-level adjustment		(6.09	)		(49,636	)		(5.65	)		(44,860	)
Other		(0.53	)		(4,301	)		(0.02	)		(194	)
Effective rate and income tax expense		19.12			155,859			20.11			159,477

(d)

Effect of deferred taxes on income and equity:

The Bank and its subsidiaries have recorded the effects of deferred taxes in their Interim Consolidated Financial Statements. Debit and credit differences as of June 30, 2026 are detailed as follows:

	Balances as of December 31,		Effect on						Balances as of June 30,
	2025		Income			Equity			2026
	MCh$		MCh$			MCh$			MCh$
Debit Differences:
Allowances for loan losses		372,091		16,292			—			388,383
Provision for employee expenses		21,435		(5,670	)		—			15,765
Provision disposal undrawn credit lines		10,900		244			—			11,144
Accrued vacations		11,674		108			—			11,782
Accrued interests and indexation of impaired portfolio		16,587		1,373			—			17,960
Provision for staff severance indemnity payments		979		(367	)		(14	)		598
Provision for credit card expenses		10,208		(1,328	)		—			8,880
Provision for accrued expenses		9,131		790			—			9,921
Adjustment for valuation of investments and equity instruments at fair value through OCI		—		—			—			—
Leases		126,124		6,042			—			132,166
Unearned income		3,489		(104	)		—			3,385
Exchange rate difference		—		—			—			—
Property and equipment valuation difference		9,588		1,956			—			11,544
Other adjustments		28,900		1,462			—			30,362
Total Debit Differences		621,106		20,798			(14	)		641,890

Credit Differences:
Intangible assets (software and others)		28,573		1,034			—			29,607
Adjustment for valuation of investments and equity instruments at fair value through OCI		909		—			(244	)		665
Transitory assets		9,607		5,080			—			14,687
Loans accrued to effective rate		2,211		(101	)		—			2,110
Prepaid expenses		2,561		(1,347	)		—			1,214
Exchange rate difference		6,717		(5,675	)		—			1,042
Capitalized bond placement expense		4,911		(305	)		—			4,606
Other adjustments		3,133		(234	)		—			2,899
Total Credit Differences		58,622		(1,548	)		(244	)		56,830

Total Debit (Credit), net		562,484		22,346			230			585,060

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.

Taxes, continued:

(d)

Effect of deferred taxes on income and equity, continued:

Reconciliation to Statement of Financial Position:

	June			December
	2026			2025
	MCh$			MCh$

Deferred tax assets		588,267			563,906
Deferred tax liabilities		(3,207	)		(1,422	)
Total deferred taxes		585,060			562,484

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 Differences:
Allowances for loan losses		384,945		(12,854	)		—			372,091
Provision for employee expenses		24,636		(3,201	)		—			21,435
Provision disposal undrawn credit lines		3,237		7,663			—			10,900
Accrued vacations		11,562		112			—			11,674
Accrued interests and indexation of impaired portfolio		16,534		53			—			16,587
Provision for staff severance indemnity payments		1,004		(42	)		17			979
Provision for credit card expenses		10,968		(760	)		—			10,208
Provision for accrued expenses		10,231		(1,100	)		—			9,131
Adjustment for valuation of investments and equity instruments at fair value through OCI		475		—			(475	)		—
Leases		110,943		15,181			—			126,124
Unearned income		4,114		(625	)		—			3,489
Property and equipment valuation difference		6,800		2,788			—			9,588
Other adjustments		23,483		5,417			—			28,900
Total Debit Differences		608,932		12,632			(458	)		621,106

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

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

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.

Taxes, continued:

(e)

For the purposes of complying with the Circular No. 47 issued by the Chilean Internal Revenue Service (SII) and No. 3,478 issued by the CMF, dated August 18, 2009 the changes and effects generated by the application of Article 31, No. 4 of the 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 Interim Consolidated Financial Statements.

					Assets at tax value
(e.1) Loans to Banks and Loans to customers as of June 30, 2026	Book value assets (*)		Assets at tax value		Past-due loans with guarantees		Past-due loans without guarantees		Total Past-due loans
	MCh$		MCh$		MCh$		MCh$		MCh$

Loans to Banks		998,876		999,537		—		—		—
Commercial loans		17,244,855		17,643,228		48,506		87,044		135,550
Consumer loans		5,182,376		5,725,388		1,321		42,971		44,292
Residential mortgage loans		14,134,985		14,192,764		19,638		2,046		21,684
Total		37,561,092		38,560,917		69,465		132,061		201,526

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

(*)

In accordance with the aforementioned Circular and the instructions from the SII, the value of assets in the Financial Statements are presented on a stand-alone basis (only considering Banco de Chile) net of allowance for loan losses and do not include lease and factoring operations.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

18.

Taxes, continued:

(e.2) Allowances on past-due loans	Balance as of January 1, 2026		Write-offs against provisions			Allowances established		Allowances released			Balance as of June 30, 2026
	MCh$		MCh$			MCh$		MCh$			MCh$

Commercial loans		99,694		(30,633	)		57,276		(39,293	)		87,044
Consumer loans		42,150		(197,028	)		207,059		(9,210	)		42,971
Residential mortgage loans		1,944		(1,859	)		3,032		(1,071	)		2,046
Total		143,788		(229,520	)		267,367		(49,574	)		132,061

(e.2) Allowances on past-due loans	Balance as of January 1, 2025		Write-offs against provisions			Allowances established		Allowances released			Balance as of December 31, 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

	June		December
(e.3) Write-offs and recoveries	2026		2025
	MCh$		MCh$

Write-offs, Art. 31 No. 4 second subparagraph		23,518		34,158
Write-offs resulting in allowances released		20		299
Recovery or renegotiation of written-off loans		1,153		1,773

	June		December
(e.4) Application of Art. 31 No. 4 first & third subsections of the income tax law	2026		2025
	MCh$		MCh$

Write-offs in accordance with first subparagraph		—		—
Write-offs in accordance with third subparagraph		20		299

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

19.

Other Assets:

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

	June			December
	2026			2025
	MCh$			MCh$

Debtors from brokerage of financial instruments		586,816			419,167
Cash collateral provided for derivative financial transactions		444,770			463,266
Accounts receivable from third parties		208,940			170,185
Assets to be leased out as lessor (*)		101,189			134,283
Accounts receivable from the General Treasury of the Republic and other fiscal organizations		64,486			406,395
Prepaid expenses		52,961			39,416
Other provided cash collateral		30,220			11,836
Income from regular activities from contracts with customers		26,761			22,350
Investment properties		10,323			11,049
Pending transactions		3,779			3,364
Accumulated impairment in respect of other assets receivable		(2,814	)		(2,638	)
Other Assets		22,588			17,358
Total		1,550,019			1,696,031

(*)

Correspond to fixed assets to be delivered under the financial lease modality.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

20.

Non-current assets and disposal groups held for sale and liabilities included in disposal groups for sale:

(a)

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

	June			December
	2026			2025
	MCh$			MCh$

Assets received in lieu of payment or awarded at judicial sale (*)
Assets awarded in judicial auction		23,199			22,571
Assets received in lieu of payment		4,858			2,054
Provision for assets received in lieu of payment or awarded		(19	)		(35	)

Non-current assets for sale
Investments in other companies		—			—
Assets for recovery of assets transferred in financial leasing operations		2,059			1,013

Disposal groups held for sale		—			—
Total		30,097			25,603

(*)

Assets received in lieu of payment refer to assets accepted as payment for past-due or written-off debts owed by customers. The assets acquired as such do not exceed 20% of the Bank’s effective equity.

(b)

Changes in the provision for assets received in lieu of payment during the period 2026 and 2025 are detailed as follows:

Provision for assets received in lieu of payment	MCh$

Balance as of January 1, 2025		82
Provisions used		(1,115	)
Provisions established		1,108
Provisions released		—
Balance as of June 30, 2025		75
Provisions used		(1,552	)
Provisions established		1,512
Provisions released		—
Balance as of December 31, 2025		35
Provisions used		(1,356	)
Provisions established		1,340
Provisions released		—
Balance as of June 30, 2026		19

(c)

The Bank does not record liabilities included in the disposal group for sale during the periods June 2026 and December 2025.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

21.

Financial liabilities held for trading at fair value through profit or loss:

The detail of this line item is as follows:

	June		December
	2026		2025
	MCh$		MCh$

Financial derivative contracts		1,956,794		2,080,222
Others		1,334		512
Total		1,958,128		2,080,734

As of June 30, 2026 and December 31, 2025, the Bank maintains the following debt portfolio of derivative instruments:

	Notional amount of contract with final expiration date in
	On Demand				Up to 1 month				Over 1 month and up to 3 months				Over 3 months and up to 12 months				Over 1 year and up to 3 years				Over 3 years and up to 5 years				Over 5 years				Total				Fair value Liabilities
	June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December		June		December
	2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025		2026		2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Currency forward		—		—		7,485,490		7,393,965		3,171,209		3,560,210		5,915,625		3,716,879		751,202		659,862		37,060		50,930		—		—		17,360,586		15,381,846		329,156		456,184
Interest rate swap		—		—		1,152,663		3,093,258		1,526,190		2,016,845		6,780,641		7,398,940		7,779,324		7,351,083		5,036,493		4,073,662		3,833,731		3,779,852		26,109,042		27,713,640		414,692		414,907
Interest rate swap and cross currency swap		—		—		192,941		151,577		370,667		369,984		1,607,721		1,700,333		3,208,921		3,071,039		3,278,126		2,631,798		3,104,798		3,375,877		11,763,174		11,300,608		1,209,954		1,206,802
Currency call options		—		—		9,143		12,533		12,441		18,722		18,663		33,332		—		—		—		—		—		—		40,247		64,587		1,558		870
Currency put options		—		—		13,652		5,783		21,833		7,611		42,471		21,870		1,382		—		—		—		—		—		79,338		35,264		1,434		1,459
Total		—		—		8,853,889		10,657,116		5,102,340		5,973,372		14,365,121		12,871,354		11,740,829		11,081,984		8,351,679		6,756,390		6,938,529		7,155,729		55,352,387		54,495,945		1,956,794		2,080,222

Other instruments or financial liabilities:

	June		December
	2026		2025
	MCh$		MCh$

Current accounts and other demand deposits		—		—
Savings accounts and other time deposits		—		—
Debt instruments issued		—		—
Others		1,334		512
Total		1,334		512

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.

Financial liabilities at amortized cost:

The detail of this line item is as follows:

	June		December
	2026		2025
	MCh$		MCh$

Current accounts and other demand deposits		14,499,452		14,498,196
Time deposits and saving accounts		15,275,002		13,971,968
Obligations by repurchase agreements		140,590		286,915
Borrowings from financial institutions		1,195,069		1,296,751
Debt financial instruments issued		11,112,851		10,800,851
Other financial obligations		366,387		367,323
Total		42,589,351		41,222,004

(a)

Current accounts and other demand deposits:

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

	June		December
	2026		2025
	MCh$		MCh$

Current accounts		11,832,677		11,775,903
Other demand obligations		1,416,352		1,507,373
Demand deposits accounts		735,397		724,359
Other demand deposits		515,026		490,561
Total		14,499,452		14,498,196

(b)

Time deposits and saving accounts:

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

	June		December
	2026		2025
	MCh$		MCh$

Time deposits		14,810,441		13,546,479
Term savings accounts		446,699		405,689
Other term balances payable		17,862		19,800
Total		15,275,002		13,971,968

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.

Financial liabilities at amortized cost, continued:

(c)

Obligations by repurchase agreements:

The Bank obtains financing by selling financial instruments and agreeing to repurchase them in the future, plus interest at a rate established previously. As of June 30, 2026 and December 31, 2025 the repurchase agreements are detailed as follows:

	June		December
	2026		2025
	MCh$		MCh$
Transaction with domestic banks		—		—
Transaction with foreign banks		—		—
Transaction with other domestic entities
Repurchase agreements		140,590		286,915
Transaction with other foreign entities		—		—

Total		140,590		286,915

The fair value of the financial instruments delivered as collateral by the Bank and its subsidiaries, in sales transactions with repurchase agreement and securities lending as of June 30, 2026 amounts to Ch$140,586 million (Ch$284,572 million in December 2025). 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 from Financial Institutions:

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

	June		December
	2026		2025
	MCh$		MCh$
Foreign banks
Foreign trade financing
Bank of America, N.A.		238,906		238,925
Caixabank S.A.		189,727		147,091
Citibank N.A.		165,679		137,114
JP Morgan Chase Bank, N.A.		127,689		168,329
The Bank of New York Mellon		106,629		85,533
HSBC Bank		92,417		208,465
Zurcher Kantonalbank		81,453		108,803
Standard Chartered Bank (Hong Kong) Limited		46,458		63,261
Standard Chartered Bank		1,741		2,086
Commerzbank AG		746		839
Wells Fargo Bank, N.A.		45		50

Borrowings and other obligations
Wells Fargo Bank, N.A.		139,223		136,255
Deutsche Bank Trust Company Americas New York		4,356		—
Subtotal foreign banks		1,195,069		1,296,751

Total		1,195,069		1,296,751

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.

Financial liabilities at amortized cost, continued:

(e)

Debt financial instruments issued:

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

	June		December
	2026		2025
	MCh$		MCh$

Mortgage finance bonds
Mortgage finance bonds for housing		441		521
Mortgage finance bonds for general purposes		—		—

Bonds
Senior Bonds		11,112,410		10,800,330
Mortgage bonds		—		—
Total		11,112,851		10,800,851

During the period ended June 30, 2026 Banco de Chile has placed bonds for Ch$746,856 million, which corresponds to Short-Term Bonds and Long-Term Bonds for amounts of Ch$501,240 and Ch$245,616 million respectively, according to the following details:

Short-term Bonds

Counterparty

Currency

Amount MCh$

Annual interest rate %

Date of
issuance

Maturity
date

Wells Fargo Bank

USD

90,487

3.91

01/02/2026

07/10/2026

Wells Fargo Bank

USD

86,531

3.95

02/05/2026

08/10/2026

Wells Fargo Bank

USD

45,276

4.01

05/05/2026

08/05/2026

Bank Of America N.A. New York

USD

4,467

4.00

05/06/2026

06/08/2026

Bank Of America N.A. New York

USD

44,759

4.04

05/27/2026

07/27/2026

Bank Of America N.A. New York

USD

26,855

4.05

05/27/2026

07/29/2026

Wells Fargo Bank

USD

89,518

4.07

05/27/2026

09/01/2026

Bank Of America N.A. New York

USD

22,380

4.07

05/27/2026

09/02/2026

Bank Of America N.A. New York

USD

44,759

4.07

05/27/2026

08/28/2026

Wells Fargo Bank

USD

46,208

4.16

06/26/2026

10/01/2026

Total

501,240

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.

Financial liabilities at amortized cost, continued:

Long-Term Bonds

Series

Currency

Amount
MCh$

Terms
Years

Annual
interest rate
%

Date of
issuance

Maturity
date

BCHIHW1223

32,293

2.93

01/08/2026

06/01/2044

BCHIHW1223

4,312

2.92

01/12/2026

06/01/2044

BCHIFU0522

19,723

2.81

01/14/2026

11/01/2032

BCHIGG1121

13,776

2.89

01/14/2026

05/01/2035

BCHIHW1223

12,953

2.91

01/14/2026

06/01/2044

BCHIFU0522

19,759

2.78

01/15/2026

11/01/2032

BCHIHH1223

16,880

2.87

01/15/2026

12/01/2036

BCHIHW1223

2,165

2.89

01/15/2026

06/01/2044

BCHIFG0522

34,396

2.59

02/10/2026

11/01/2030

BCHIFG0522

40,329

2.51

03/05/2026

11/01/2030

BCHIFG0522

12,596

2.82

06/30/2026

11/01/2030

Subtotal UF

209,182

BONO MXN

MXN

36,434

TIIE (28 days) + 0.95%

05/12/2026

05/11/2033

Subtotal other currencies

36,434

Total

245,616

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-term Bonds

Counterparty

Currency

Amount
MCh$

Annual
interest rate
%

Date of
issuance

Maturity
date

Wells Fargo Bank

USD

98,630

4.68

01/27/2025

05/02/2025

Wells Fargo Bank

USD

98,630

4.65

01/27/2025

08/01/2025

Wells Fargo Bank

USD

92,519

4.55

03/07/2025

04/07/2025

Wells Fargo Bank

USD

9,252

4.45

03/07/2025

09/05/2025

Wells Fargo Bank

USD

93,634

4.60

06/25/2025

10/01/2025

Wells Fargo Bank

USD

93,062

4.55

06/26/2025

11/03/2025

Wells Fargo Bank

USD

4,653

4.55

06/26/2025

07/31/2025

Wells Fargo Bank

USD

96,646

4.45

08/05/2025

12/08/2025

Wells Fargo Bank

USD

94,372

4.10

10/28/2025

02/06/2026

Wells Fargo Bank

USD

46,310

4.20

11/26/2025

12/29/2025

Wells Fargo Bank

USD

91,487

4.01

12/29/2025

04/02/2026

Total

819,195

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.

Financial liabilities at amortized cost, continued:

(e)

Debt financial instruments issued, continued:

Long-Term Bonds

Series	Currency	Amount MCh$		Terms Years		Annual interest rate %		Date of issuance	Maturity 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

100

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

22.

Financial liabilities at amortized cost, continued:

(e)

Debt financial instruments issued, continued:

Long-Term Bonds

Series

Currency

Amount
MCh$

Terms
Years

Annual
interest
rate %

Date of
issuance

Maturity
date

BONO CHF

CHF

115,739

1.1875

06/17/2025

07/15/2031

BONO JPY

JPY

65,260

1.635

06/18/2025

06/27/2030

BONO MXN

MXN

50,998

TIIE (28 days) + 1.05

07/09/2025

07/17/2030

BONO AUD

AUD

43,101

BBSW3M +1.28

10/22/2025

10/30/2035

BONO HKD

HKD

75,233

3.735

10/30/2025

11/12/2032

Subtotal other currencies

350,331

Total

1,923,146

As of June 30, 2026 and December 31, 2025, 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 Financial Obligations:

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

	June		December
	2026		2025
	MCh$		MCh$

Other financial obligations in Chile		366,387		367,323
Other financial obligations with the public sector		—		—
Total		366,387		367,323

23.	Regulatory capital financial instruments:

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

	June		December
	2026		2025
	MCh$		MCh$

Subordinated bonds
Subordinated bonds with transitory recognition		—		—
Subordinated bonds		1,107,184		1,087,093
Bonds with no fixed term of maturity		—		—
Preferred shares		—		—
Total		1,107,184		1,087,093

Issuances of regulatory capital financial instruments in the period:

As of June 30, 2026 and December 31, 2025, no issues of regulatory capital financial instruments have been made.

101

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

23.

Regulatory capital financial instruments, continued:

Changes in regulatory capital financial instruments:

	Subordinated bonds			Bonds with no fixed term of maturity		Preferred shares
	MCh$			MCh$		MCh$

Balance as of January 1, 2025		1,068,879			—		—
New issuances performed		—			—		—
Transaction costs		—			—		—
Amortization of transaction costs		—			—		—
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		—			—		—
Repricing		—			—		—
Expiration		—			—		—
Conversion to common shares		—			—		—
Balance as of December 31, 2025		1,087,093			—		—

Balance as of January 1, 2026		1,087,093			—		—
New issuances performed		—			—		—
Transaction costs		—			—		—
Amortization of transaction costs		—			—		—
Accrued interest		17,723			—		—
Acquisition or redemption by the issuer		—			—		—
Modification of the issuance conditions		—			—		—
Interest and UF indexation payments to the holder		(22,066	)		—		—
Principal payments to the holder		(4,950	)		—		—
Accrued UF indexation		29,384			—		—
Exchange rate differences		—			—		—
Depreciation		—			—		—
Repricing		—			—		—
Expiration		—			—		—
Conversion to common shares		—			—		—
Balance as of June 30, 2026		1,107,184			—		—

102

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

23.

Regulatory capital financial instruments, continued:

Below is the detail of the subordinated bonds owed as of June 30, 2026 and December 31, 2025:

June 2026
Series	Currency	Issuance currency amount		Interest rate %			Registration date	Maturity date	Balance owed MCh$

C1	UF		300,000		7.5		12/06/1999	01/01/2030		3,870
C1	UF		200,000		7.4		12/06/1999	01/01/2030		2,582
C1	UF		530,000		7.1		12/06/1999	01/01/2030		6,872
C1	UF		300,000		7.1		12/06/1999	01/01/2030		3,891
C1	UF		50,000		6.5		12/06/1999	01/01/2030		654
C1	UF		450,000		6.6		12/06/1999	01/01/2030		5,887
F	UF		1,000,000		5.0		11/28/2008	11/01/2033		39,885
F	UF		1,500,000		5.0		11/28/2008	11/01/2033		59,828
F	UF		759,000		4.5		11/28/2008	11/01/2033		31,196
F	UF		241,000		4.5		11/28/2008	11/01/2033		9,905
F	UF		4,130,000		4.2		11/28/2008	11/01/2033		172,336
F	UF		1,000,000		4.3		11/28/2008	11/01/2033		41,727
F	UF		70,000		4.2		11/28/2008	11/01/2033		2,928
F	UF		4,000,000		3.9		11/28/2008	11/01/2033		171,013
F	UF		2,300,000		3.8		11/28/2008	11/01/2033		98,633
G	UF		600,000		4.0		11/29/2011	11/01/2036		24,166
G	UF		50,000		4.0		11/29/2011	11/01/2036		2,014
G	UF		80,000		3.9		11/29/2011	11/01/2036		3,241
G	UF		450,000		3.9		11/29/2011	11/01/2036		18,245
G	UF		160,000		3.9		11/29/2011	11/01/2036		6,487
G	UF		1,000,000		2.7		11/29/2011	11/01/2036		44,956
G	UF		300,000		2.7		11/29/2011	11/01/2036		13,487
G	UF		1,360,000		2.6		11/29/2011	11/01/2036		61,295
I	UF		900,000		1.0		11/29/2011	11/01/2040		50,747
J	UF		1,400,000		1.0		11/29/2011	11/01/2042		80,758
J	UF		1,500,000		1.0		11/29/2011	11/01/2042		86,636
J	UF		1,100,000		1.0		11/29/2011	11/01/2042		63,945
						Total subordinated bonds owed				1,107,184

103

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

23.

Regulatory capital financial instruments, continued:

December 2025
Series	Currency	Issuance currency amount		Interest rate %		Registration date	Maturity date	Balance owed 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
I	UF		900,000		1.0	11/29/2011	11/01/2040		49,827
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
						Total subordinated bonds owed			1,087,093

24.	Provision for contingencies:

(a)

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

	June		December
	2026		2025
	MCh$		MCh$

Provisions for employee benefit obligations		113,779		140,153
Provisions for customer loyalty program and merit program obligations		32,888		37,806
Provisions for lawsuits and litigation		2,480		2,037
Provisions for operational risk		249		552
Provisions of a foreign bank branch for profit remittances to its parent company		—		—
Provisions for restructuring plans		—		—
Other provisions for other contingencies		—		—
Total		149,396		180,548

104

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.

Provision for contingencies, continued;

(b)

The following table shows the changes in provisions during the periods 2026 and 2025:

	Provisions for employee benefit obligations			Provisions of a foreign bank branch for profit remittances to its parent company		Provisions for restructuring plans		Provisions for lawsuits and litigation			Provisions for obligations of customer loyalty and merit programs			Provisions for operational risk			Other provisions for other contingencies		Total
	MCh$			MCh$		MCh$		MCh$			MCh$			MCh$			MCh$		MCh$

Balances as of January 1, 2025		151,633			—		—		1,592			40,621			907			—		194,753
Provisions established		53,555			—		—		407			—			203			—		54,165
Provisions used		(86,003	)		—		—		(62	)		—			(644	)		—		(86,709	)
Provisions released		—			—		—		(97	)		(1,691	)		(77	)		—		(1,865	)
Balances as of June 30, 2025		119,185			—		—		1,840			38,930			389			—		160,344
Provisions established		54,754			—		—		250			—			223			—		55,227
Provisions used		(33,786	)		—		—		(46	)		—			(51	)		—		(33,883	)
Provisions released		—			—		—		(7	)		(1,124	)		(9	)		—		(1,140	)
Balances as of December 31, 2025		140,153			—		—		2,037			37,806			552			—		180,548
Provisions established		53,590			—		—		715			—			—			—		54,305
Provisions used		(79,964	)		—		—		(188	)		—			(103	)		—		(80,255	)
Provisions released		—			—		—		(84	)		(4,918	)		(200	)		—		(5,202	)
Balances as of June 30, 2026		113,779			—		—		2,480			32,888			249			—		149,396

(c)

Provisions for employee benefit obligations:

	June		December
	2026		2025
	MCh$		MCh$

Provision for short-term employee benefits		106,646		131,763
Provision for benefits to employees for contract termination		7,133		8,390
Provision for benefits to post-employment employees		—		—
Provision for long-term employee benefits		—		—
Provision for 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		113,779		140,153

105

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.

Provision for contingencies, continued;

(d)

Provision for short-term employee benefits:

(i)

Compliance bonuses provision:

	June			June
	2026			2025
	MCh$			MCh$

Balances as of January 1		67,352			68,356
Net provisions established		28,147			27,721
Provisions used		(55,428	)		(55,697	)
Total		40,071			40,380

(ii)

Vacation provision:

	June			June
	2026			2025
	MCh$			MCh$

Balances as of January 1		43,238			42,824
Net provisions established		3,271			3,578
Provisions used		(2,871	)		(4,313	)
Total		43,638			42,089

(iii)

Provision of other benefits to personnel:

	June			June
	2026			2025
	MCh$			MCh$

Balances as of January 1		21,173			32,125
Net provisions established		21,977			21,589
Provisions used		(20,213	)		(25,301	)
Total		22,937			28,413

(e)

Provision for benefits to employees for contract termination:

(i)

Changes of the provision for employee benefits due to the termination of the employment contract:

	June			June
	2026			2025
	MCh$			MCh$

Present value of the obligations at the beginning of the period		8,390			8,328
Increase in provision		248			606
Benefit paid		(1,452	)		(693	)
Effect of change in actuarial factors		(53	)		62
Total		7,133			8,303

106

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

24.

Provision for contingencies, continued;

(e)

Provision for benefits to employees for contract termination, continued:

(ii)

Net benefits expenses:

	June			June
	2026			2025
	MCh$			MCh$

Increase (decrease) in provisions		(148	)		170
Interest cost of benefits obligations		396			436
Effect of change in actuarial factors		(53	)		62
Net benefits expenses		195			668

(iii)

Factors used in the calculation of the provision:

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

	June 30, 2026		December 31, 2025
	%		%

Discount rate		5.71		5.71
Salary increase rate		4.47		5.50
Probability of payment		99.99		99.99

The most recent actuarial valuation of the staff severance indemnities provision was performed during the first quarter of 2026.

(f)

Share-based compensation programs:

As of June 30, 2026 and December 31, 2025, the Bank and its subsidiaries do not have a share-based compensation plan.

107

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

25.

Provision for dividends:

(a)

The detail of this line item is as follows:

	June		December
	2026		2025
	MCh$		MCh$

Provisions for dividends		310,709		605,955
Provisions for payment of interest on bonds with no fixed maturity term		—		—
Provision for reappreciation of bonds without a fixed term of maturity		—		—
Total		310,709		605,955

(b)

Changes at the end of each period are detailed as follows:

	Provisions for dividends			Provisions for payment of interest on bonds with no fixed maturity term		Provision for reappreciation of bonds without a fixed term of maturity		Total
		MCh$			MCh$		MCh$		MCh$

Balances as of January 1, 2025		597,228			—		—		597,228
Provisions established		308,253			—		—		308,253
Provisions used		(597,228	)		—		—		(597,228	)
Provisions released		—			—		—		—
Balances as of June 30, 2025		308,253			—		—		308,253
Provisions established		297,702			—		—		297,702
Provisions used		—			—		—		—
Provisions released		—			—		—		—
Balances as of December 31, 2025		605,955			—		—		605,955
Provisions established		310,709			—		—		310,709
Provisions used		(605,955	)		—		—		(605,955	)
Provisions released		—			—		—		—
Balances as of June 30, 2026		310,709			—		—		310,709

108

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

26.	Special provisions for credit risk:

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

	June		December
	2026		2025
	MCh$		MCh$

Additional loan provisions		681,217		631,217
Provisions for credit risk for contingent loans (*)		82,733		84,513
Provisions for country risk for transactions with debtors with residence abroad		10,273		5,552
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		774,223		721,282

(*)

Changes in provisions for credit risk for contingent loans are disclosed in Note 13 letter (f).

Changes in provisions for special credit risk are detailed as follows:

	Additional loan provisions			Provisions for credit risk for contingent loans			Provisions for country risk for transactions with debtors with residence abroad			Total
	MCh$			MCh$			MCh$			MCh$

Balances as of January 1, 2025		700,252			67,537			6,395			774,184
Provisions established		—			27,967			5,327			33,294
Provisions used		—			—			—			—
Provisions released		(69,035	)		—			—			(69,035	)
Foreign exchange differences		—			(1,153	)		—			(1,153	)
Balances as of June 30, 2025		631,217			94,351			11,722			737,290
Provisions established		—			—			—			—
Provisions used		—			—			—			—
Provisions released		—			(9,109	)		(6,170	)		(15,279	)
Foreign exchange differences		—			(729	)		—			(729	)
Balances as of December 31, 2025		631,217			84,513			5,552			721,282
Provisions established		50,000			—			4,721			54,721
Provisions used		—			—			—			—
Provisions released		—			(2,224	)		—			(2,224	)
Foreign exchange differences		—			444			—			444
Balances as of June 30, 2026		681,217			82,733			10,273			774,223

109

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

27.	Other Liabilities:

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

	June		December
	2026		2025
	MCh$		MCh$

Creditors for intermediation of financial instruments		574,607		417,372
Accounts payable to third parties		495,843		435,717
Obligations for mortgage loans granted to be remitted to other banks and/or real estate companies		259,150		287,820
Cash guarantees received for derivative financial transactions		157,195		190,440
Liability for income from regular activities from contracts with customers		36,074		37,812
Agreed dividends payable		21,711		16,792
Securities to be settled		8,915		—
VAT liability		6,317		4,317
Outstanding transactions		2,401		1,858
Other cash guarantees received		575		573
Other liabilities		34,925		39,488
Total		1,597,713		1,432,189

110

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.

Equity:

(a)

Capital:

(i)

Authorized, subscribed and paid shares:

As of June 30, 2026, 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, 2025), with no par value, subscribed and fully paid.

	As of June 30, 2026
Name of the company or shareholders	Number of Shares		Ownership %

LQ Inversiones Financieras S.A.		46,815,289,329		46.344	%
Banchile Corredores de Bolsa S.A.		5,518,127,131		5.463	%
Inversiones LQ-SM Limitada		4,854,988,014		4.806	%
Banco de Chile on behalf of State Street		3,805,711,239		3.767	%
Banco Santander on behalf of foreign investors		3,136,587,162		3.105	%
Banco de Chile on behalf of non-resident third parties		2,495,764,753		2.471	%
Banco de Chile on behalf of Citibank New York		2,459,397,953		2.435	%
JP Morgan Chase Bank		2,061,540,108		2.041	%
Banco Santander Chile		1,990,169,086		1.970	%
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		1,015,250,907		1.005	%
Inversiones Avenida Borgoño Limitada		882,604,102		0.874	%
A.F.P Habitat S.A. for A Fund		806,188,451		0.798	%
Santander Corredores de Bolsa Limitada		765,890,431		0.758	%
BCI Corredores de Bolsa S.A.		702,990,052		0.696	%
A.F.P Cuprum S.A. for A Fund		654,440,043		0.648	%
Valores Security S.A. Corredores de Bolsa		600,885,259		0.595	%
BTG Pactual Chile S.A. Corredores de Bolsa		575,839,694		0.570	%
A.F.P Capital S.A Pension Fund A		572,316,582		0.566	%
Subtotal		82,768,935,060		81.936	%
Other shareholders		18,248,146,054		18.064	%
Total		101,017,081,114		100.000	%

111

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.

Equity, continued:

(a)

Capital, continued:

(i)

Authorized, subscribed and paid shares, continued:

	As of December 31, 2025
Name of the company or shareholders	Number of Shares		Ownership %

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	%

112

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.

Equity, continued:

(a)

Capital, continued:

(ii)

The following table shows the share movements from December 31, 2025 to June 30, 2026:

	Total
	Ordinary Shares

Total shares as of December 31, 2025		101,017,081,114

Total shares as of June 30, 2026		101,017,081,114

(b)

Approval and payment of dividends:

At the Bank´s Ordinary Shareholders’ Meeting held on March 26, 2026, the distribution and payment of dividend No. 214 of Ch$9.99757030464 per share of the Banco de Chile was approved, with debit to the net distributable income for the year ended December 31, 2025. Dividends paid during2026 amounted to Ch$1,009,925 million.

At the Bank´s Ordinary Shareholders’ Meeting held on March 27, 2025, the distribution and payment of dividend No. 213 of Ch$9.85357420889 per share of the Banco de Chile was approved, with debit to the net distributable income for the year ended December 31, 2024. Dividends paid during2025 amounted to Ch$995,380 million.

(c)

Provision for minimum dividends:

The Board of Directors of Banco de Chile agreed for the purposes of minimum dividends, to establish a provision of 60% of the net income resulting from reducing or adding to the net income for the 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 November of prior year. The amount to be reduced from net income for the period ended June 30, 2026 was Ch$141,346 million (Ch$182,337 million as of December 31, 2025).

As indicated, as of June 30, 2026, the amount of the net income determined in accordance with the preceding paragraph is equivalent to Ch$517,849 million (Ch$1,009,925 million as of December 31, 2025). Consequently, the Bank recorded a provision for minimum dividends under “Provision for dividends” as of June 30 of Ch$310,709 million (Ch$605,955 million in December 2025), which reflects as a counterpart an equity reduction for the same amount.

113

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.

Equity, continued:

(d)

Earnings per share:

(i)

Basic earnings per share:

Basic earnings per share are determined by dividing the net income attributable to the Bank ordinary 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 earnings per share:

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

Accordingly, the basic and diluted earnings per share as of June 30, 2026 and 2025 were determined as follows:

	June		June
	2026		2025
Basic earnings per share:
Net profits attributable to bank´s shareholders (in millions of Chilean pesos)		659,195		633,811
Weighted average number of ordinary shares		101,017,081,114		101,017,081,114
Earning per shares (in Chilean pesos)		6.53		6.27

Diluted earnings per share:
Net profits attributable to bank´s shareholders (in millions of Chilean pesos)		659,195		633,811
Weighted average number of ordinary shares		101,017,081,114		101,017,081,114
Assumed conversion of convertible debt		—		—
Adjusted number of shares		101,017,081,114		101,017,081,114
Diluted earnings per share (in Chilean pesos)		6.53		6.27

As of June 30, 2026 and 2025, the Bank does not have instruments that generate dilutive effects.

114

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

28.

Equity, continued:

(e)

Other comprehensive income:

The detail of and changes in accumulated other comprehensive income as of June 30, 2026 and 2025:

	Items that will not be reclassified to profit or loss												Items that can be reclassified to 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 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, 2025		(298	)		9,456			(1,606	)		7,552			4,478			(12,397	)		(48	)		4,192			(3,775	)		3,777
Other comprehensive income for the period		(62	)		(242	)		(431	)		(735	)		7,731			12,102			26			(4,057	)		15,802			15,067
Balances as of June 30, 2025		(360	)		9,214			(2,037	)		6,817			12,209			(295	)		(22	)		135			12,027			18,844

Opening balances as of January 1, 2026		(360	)		9,308			(2,054	)		6,894			13,284			(40,738	)		(107	)		10,908			(16,653	)		(9,759	)
Other comprehensive income for the period		53			3,103			(832	)		2,324			(15,213	)		(20,197	)		(15	)		6,516			(28,909	)		(26,585	)
Balances as of June 30, 2026		(307	)		12,411			(2,886	)		9,218			(1,929	)		(60,935	)		(122	)		17,424			(45,562	)		(36,344	)

(f)

Retained earnings from previous years:

During the year 2026, the Ordinary Shareholders Meeting of Banco de Chile agreed to deduct and withhold from the year 2025 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 2024 and November 2025, amounting to Ch$182,337 million.

115

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

29.	Contingencies and Commitments:

(a)

The Bank and its subsidiaries have exposures associated with contingent loans and other liabilities according to the following detail:

(a.1)

Contingent loans:

	June		December
	2026		2025
	MCh$		MCh$
Guarantees and sureties
Guarantees and sureties in domestic currency		—		—
Guarantees and sureties in foreign currency		313,206		288,710

Letters of credit for goods circulation operations		708,177		449,759

Debt purchase commitments in local currency abroad		—		—

Transactions related to contingent events
Transactions related to contingent events in domestic currency		2,438,474		2,563,484
Transactions related to contingent events in foreign currency		542,358		609,777

Undrawn credit lines with immediate termination
Balance of lines of credit and agreed overdraft in current account – commercial loans		1,873,076		1,764,560
Balance of lines of credit on credit card – commercial loans		386,030		370,983
Balance of lines of credit and agreed overdraft in current account – consumer loans		1,504,587		1,501,358
Balance of lines of credit on credit card – consumer loans		8,201,614		7,816,881
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		133,692		69,191

Other credit commitments		—		—

Total		16,101,214		15,434,703

(a.2)

Responsibilities assumed to meet customer needs:

	June		December
	2026		2025
	MCh$		MCh$

Transactions on behalf of third parties
Collections		105,509		138,556
Placement or sale of financial instruments		—		—
Transferred financial assets managed by the bank		—		—
Third-party resources managed by the bank		1,855,480		1,635,950
Subtotal		1,960,989		1,774,506

Securities custody
Securities safekept by a banking subsidiary		10,045,743		9,719,621
Securities safekept by the bank		4,524,660		4,438,522
Securities safekept deposited in another entity		31,187,796		29,035,809
Securities issued by the bank		—		—
Subtotal		45,758,199		43,193,952

Total		47,719,188		44,968,458

116

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

29.

Contingencies and Commitments, continued:

(b)

Lawsuits and legal proceedings:

(b.1)

Normal judicial contingencies in the industry:

At the date of issuance of these Interim Consolidated Financial Statements, there are legal actions filed against the Bank related with the ordinary course operations. As of June 30, 2026, the Bank maintain provisions for judicial contingencies amounting to Ch$2,480 million (Ch$2,037 million as of December 2025), which are part of the item “Provision for contingencies” in the Statement of Financial Position.

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

	As of June 30, 2026
	2026		2027		2028		2029		2030		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Legal contingencies		461		1,400		619		—		—		2,480

(b.2)

Contingencies for significant lawsuits:

As of June 30, 2026 and December 31, 2025, there are not significant lawsuits in court that affect or may affect these Interim Consolidated Financial Statements.

(c)

Guarantees granted by operations:

In subsidiary 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 5,601,966 maturing January 7, 2027. The subsidiary took out an insurance policy with Solunion Chile Seguros de Créditos S.A. for the Real Estate Funds for a guaranteed amount of UF 419,500.

As of June 30, 2026 and 2025, the Bank has not guaranteed mutual funds.

ii.

In subsidiary Banchile Corredores de Bolsa S.A.:

For the purposes of ensuring proper and full 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 of UF 20,000, insured by Solunion Chile Seguros de Créditos S.A., maturing on April 22, 2028, whereby the Securities Exchange of the Santiago Stock Exchange was appointed as the subsidiary’s creditor representative.

117

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

29.

Contingencies and Commitments, continued:

(c)

Guarantees granted by operations, continued:

	June		December
	2026		2025
Guarantees:	MCh$		MCh$
Shares received as collateral for simultaneous operations:
Santiago Securities Exchange, Stock Exchange		4,905		23,244
Electronic Chilean Securities Exchange, Stock Exchange		40,036		37,559

Fixed income securities delivered to guarantee CCLV system:
Santiago Securities Exchange, Stock Exchange		10,741		9,840

Fixed income securities as collateral for the Santiago Stock Exchange		2,248		2,148

Shares delivered to guarantee equity lending and short-selling:
Santiago Securities Exchange, Stock Exchange		1,406		—

Cash guarantees received for operations with derivatives		5,390		8,477
Cash guarantees for operations with derivatives		545		2

Equity securities received for operations with derivatives:
Electronic Chilean Securities Exchange, Stock Exchange		113		—
Depósito Central de Valores S.A.		2,332		1,635

Total		67,716		82,905

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$2,248 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 511,100 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 7, 2027.

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$946,998.59 for variable income operations.

118

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

29.

Contingencies and Commitments, continued:

(c)

Guarantees granted by operations, continued:

A guarantee of UF 10,000 has been constituted, to guarantee compliance with the investment portfolio management service contract. Such guarantee corresponds to a non-endorsable fixed-term readjustable bond in UF issued by Banco de Chile effective through January 27, 2028.

iii.

In subsidiary Banchile Corredores de Seguros Ltda.:

According to established in article 58, letter D of D.F.L. 251, as of June 30, 2026 the entity maintains two insurance policies effective from April 15, 2026 to April 14, 2027 which protect it against 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 responsibility policy		60,000

(d)

Exempt Resolution No. 270 dated October 30, 2014, the Superintendency of Securities and Insurance (current Commission for the Financial Market) imposed a fine of UF 50,000 to Banchile Corredores de Bolsa S.A. for violations of the second paragraph of article 53 of the Securities Market Law, said company filed a claim with the competent Civil Court requesting the annulment of the fine. On December 10, 2019, a judgement in the case was issued reducing the fine to the amount of UF 7,500, which was confirmed in the second instance by the Illustrious Court of Appeals of Santiago. The intervening parties filed cassation appeals in form and substance before the Supreme Court against the sentence in second instance. On August 13, 2024 the 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.

119

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

30.	Interest Revenue and Expenses:

(a)

At the end of the period, the summary of interest is as follows:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Interest revenue		1,376,398			1,345,991			703,951			681,015
Interest expenses		(467,399	)		(485,652	)		(239,983	)		(250,238	)
Total net interest income		908,999			860,339			463,968			430,777

(b)

The composition of interest revenue is as follows:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Financial assets at amortized cost:
Rights by resale agreements		3,250			2,634			1,702			1,260
Debt financial instruments		5,642			6,488			2,917			3,085
Loans to Banks		13,915			22,710			6,782			8,803
Commercial loans		605,002			618,741			307,917			310,534
Residential mortgage loans		240,502			222,787			121,683			113,241
Consumer Loans		417,905			410,516			212,579			206,693
Other financial instruments		18,984			23,906			9,890			13,055
Financial assets at fair value through other comprehensive income:
Debt financial instruments		87,891			54,000			46,486			30,299
Other financial instruments		—			—			—			—
Income of accounting hedges on interest rate risk		(16,693	)		(15,791	)		(6,005	)		(5,955	)
Total		1,376,398			1,345,991			703,951			681,015

(b.1)

At the end of the period, the stock of interest not recognized in income is as follows:

	June		June
	2026		2025
	MCh$		MCh$

Commercial loans		36,426		38,354
Residential mortgage loans		10,619		7,824
Consumer Loans		4,437		3,478
Total		51,482		49,656

120

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

30.

Interest Revenue and Expenses, continued:

(c)

The composition of interest expenses is as follows:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Financial liabilities at amortized cost:
Current accounts and other demand deposits		606			489			230			222
Time deposits and saving accounts		289,277			321,653			147,422			165,150
Obligations by repurchase agreements		4,049			3,905			1,825			1,559
Borrowings from financial institutions		25,551			30,549			12,309			15,079
Debt financial instruments issued		154,658			135,092			79,348			68,522
Other financial obligations		—			—			—			—
Lease liabilities		910			1,113			446			549
Regulatory capital financial instruments		17,723			17,511			9,065			8,807
Income of accounting hedges of interest rate risk		(25,375	)		(24,660	)		(10,662	)		(9,650	)
Total		467,399			485,652			239,983			250,238

(d)

As of June 30, 2026 and 2025, the Bank uses cross currency swaps to hedge the risk of variability of obligations flows with foreign banks and bonds issued in foreign currency.

	For the six-month period ended June 30,																		04.01.2026 to									04.01.2025 to
	2026									2025									06.30.2026									06.30.2025
	Income			Expense			Total			Income			Expense			Total			Income			Expense			Total			Income			Expense			Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$

Gain from fair value accounting hedges		—			—			—			—			—			—			—			—			—			—			—			—
Loss from fair value accounting hedges		—			—			—			—			—			—			—			—			—			—			—			—
Gain from cash flow accounting hedges		13,946			41,926			55,872			54,968			83,333			138,301			9,658			19,987			29,645			50,906			61,324			112,230
Loss from cash flow accounting hedges		(30,639	)		(16,551	)		(47,190	)		(70,759	)		(58,673	)		(129,432	)		(15,663	)		(9,325	)		(24,988	)		(56,861	)		(51,674	)		(108,535	)
Net gain on hedge item adjustment		—			—			—			—			—			—			—			—			—			—			—			—
Total		(16,693	)		25,375			8,682			(15,791	)		24,660			8,869			(6,005	)		10,662			4,657			(5,955	)		9,650			3,695

121

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

31.	Inflation indexation revenue and expense:

(a)

At the end of the period, the summary of inflation indexation is as follows:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Inflation indexation revenue		547,079			442,040			488,374			192,987
Inflation indexation expense		(305,034	)		(238,462	)		(272,448	)		(105,518	)
Total net inflation indexation income		242,045			203,578			215,926			87,469

(b)

The composition of Inflation indexation revenue is as follows

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Financial assets at amortized cost:
Rights by resale agreements		—			—			—			—
Debt financial instruments		4,093			10,201			3,666			2,547
Loans to Banks		—			—			—			—
Commercial loans		209,283			167,365			187,169			73,761
Residential mortgage loans		374,104			291,449			334,169			128,539
Consumer Loans		602			630			533			276
Other financial instruments		1,030			1,524			564			806
Financial assets at fair value through other comprehensive income:
Debt financial instruments		17,782			15,530			15,908			6,709
Other financial instruments		—			—			—			—
Income of accounting hedges on interest rate risk		(59,815	)		(44,659	)		(53,635	)		(19,651	)
Total		547,079			442,040			488,374			192,987

(b.1)

At the end of the period, the stock of inflation indexation not recognized in results is detailed as follows:

	June		June
	2026		2025
	MCh$		MCh$

Commercial loans		5,329		4,543
Residential mortgage loans		11,994		9,289
Consumer Loans		19		7
Total		17,342		13,839

122

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

31.

Inflation indexation revenue and expense, continued:

(c)

The composition of Inflation indexation expense is as follows:

	For the six-month period ended June 30,				04.01.2026 to		04.01.2025 to
	2026		2025		06.30.2026		06.30.2025
	MCh$		MCh$		MCh$		MCh$

Financial liabilities at amortized cost:
Current accounts and other demand deposits		11,073		11,506		9,605		4,811
Time deposits and saving accounts		38,202		37,426		34,085		16,590
Obligations by repurchase agreements		—		—		—		—
Borrowings from financial institutions		—		—		—		—
Debt financial instruments issued		226,375		166,191		202,450		73,908
Other financial obligations		—		—		—		—
Regulatory capital financial instruments		29,384		23,339		26,308		10,209
Income of accounting hedges of UF, IVP, IPC indexation risk		—		—		—		—
Total		305,034		238,462		272,448		105,518

(d)

As of June 30, 2026 and 2025, the Bank uses cross currency swaps to hedge the risk of variability of obligations flows with foreign banks and bonds issued in foreign currency.

	For the six-month period ended June 30,																04.01.2026 to								04.01.2025 to
	2026								2025								06.30.2026								06.30.2025
	Income			Expense		Total			Income			Expense		Total			Income			Expense		Total			Income			Expense		Total
	MCh$			MCh$		MCh$			MCh$			MCh$		MCh$			MCh$			MCh$		MCh$			MCh$			MCh$		MCh$

Gain from fair value accounting hedges		—			—		—			—			—		—			—			—		—			—			—		—
Loss from fair value accounting hedges		—			—		—			—			—		—			—			—		—			—			—		—
Gain from cash flow accounting hedges		1,189			—		1,189			1,691			—		1,691			—			—		—			—			—		—
Loss from cash flow accounting hedges		(61,004	)		—		(61,004	)		(46,350	)		—		(46,350	)		(53,635	)		—		(53,635	)		(19,651	)		—		(19,651	)
Net gain on hedge item adjustment		—			—		—			—			—		—			—			—		—			—			—		—
Total		(59,815	)		—		(59,815	)		(44,659	)		—		(44,659	)		(53,635	)		—		(53,635	)		(19,651	)		—		(19,651	)

123

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

32.	Fee and commission income and expense:

The fee and commission income and expense that are shown in the Interim Consolidated Statement of Income for the period are as follows:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Fee and commission income and services rendered
Commissions from debit and credit card services		144,014			126,684			73,453			62,508
Remuneration from administration of mutual funds, investment funds or others		87,679			82,297			45,202			42,501
Account management fees		39,292			36,869			19,877			19,072
Commissions from collections, recoveries and payments		34,825			36,643			17,401			17,973
Commissions from guarantees and letters of credit		21,028			21,210			10,692			10,939
Brand use agreement		17,102			15,987			8,786			8,255
Commissions from trading and securities management		15,902			11,504			7,746			5,915
Insurance not related to the granting of credits to natural persons		12,892			12,828			6,451			6,437
Commissions from credit prepayments		9,555			8,045			5,266			4,460
Use of distribution channel		9,466			10,052			4,930			5,116
Insurance related to the granting of credits to natural persons		4,805			4,189			2,376			2,200
Insurance not related to the granting of credits to legal entities		3,890			3,353			1,861			1,722
Commissions from lines of credit and overdrafts on current account		2,412			2,456			1,203			1,225
Financial advisory services		1,412			1,377			111			128
Insurance related to the granting of credits to legal entities		1,285			1,039			669			595
Commissions from factoring operations services		616			626			315			319
Loan commissions with letters of credit		3			12			1			6
Other commission earned		13,854			12,748			6,345			5,555
Total		420,032			387,919			212,685			194,926

Fee and commission expense and services received
Commissions from card transactions		(31,663	)		(33,016	)		(15,425	)		(15,656	)
Expenses due to obligations on loyalty programs and merits for cardholders		(20,681	)		(16,164	)		(10,558	)		(10,075	)
Interbank transactions		(10,825	)		(13,368	)		(5,648	)		(6,794	)
Commissions from securities transaction		(4,432	)		(2,889	)		(2,244	)		(1,428	)
Commissions from use of card brands license		(4,304	)		(5,373	)		(1,914	)		(2,802	)
Other fees for services related to the credit card system and payment cards with funds provision as a means of payment		(3,804	)		—			(2,284	)		—
Collections and payments		(1,836	)		(2,029	)		(950	)		(1,001	)
Other commissions from services received		(2,535	)		(2,556	)		(1,333	)		(1,495	)
Total		(80,080	)		(75,395	)		(40,356	)		(39,251	)

Total Net		339,952			312,524			172,329			155,675

124

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

33.	Net Financial Result:

(a)

The amount of net financial result shown in the Interim Consolidated Income Statement for the period corresponds to the following concepts:

	For the six-month period ended June 30						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			6.30.2025
	MCh$			MCh$			MCh$			MCh$
Financial result from:
Financial assets held for trading at fair value through profit or loss:
Financial derivative contracts		2,206,287			983,909			955,646			561,432
Debt Financial Instruments		62,508			69,261			25,764			34,810
Other financial instruments		10,112			11,125			4,492			5,937

Financial liabilities held for trading at fair value through profit or loss:
Financial derivative contracts		(2,199,151	)		(986,163	)		(948,906	)		(566,304	)
Other financial instruments		(888	)		(325	)		(332	)		(214	)
Subtotal		78,868			77,807			36,664			35,661

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		5			(1,702	)		—			(1,702	)
Financial assets at fair value through other comprehensive income		7,915			3,748			(85	)		2,735
Financial liabilities at amortized cost		—			—			—			—
Regulatory capital financial instruments		—			—			—			—
Subtotal		7,920			2,046			(85	)		1,033

Exchange, indexation and accounting hedging of foreign currency:
Gain (loss) from foreign currency exchange		1,657			108,378			39,273			30,385
Gain (loss) from indexation for exchange rate		2,716			(10,271	)		(1,844	)		(2,001	)
Net gain (loss) from derivatives in accounting hedges of foreign currency risk		36,137			(48,367	)		(17,989	)		3,873
Subtotal		40,510			49,740			19,440			32,257

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		127,298			129,593			56,019			68,951

125

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

33.

Net Financial Result, continued:

(b)

The detail of the income (expense) associated with the changes in allowances for credit losses on loans and contingent loans denominated in foreign currency, which is reflected in “Exchange, indexation and accounting hedging of foreign currency”.

	For the six-month period ended June 30,					04.01.2026 to		04.01.2025 to
	2026			2025		06.30.2026		06.30.2025
	MCh$			MCh$		MCh$		MCh$

Loans to Banks		(9	)		47		3		19
Commercial loans		(1,731	)		5,190		567		1,928
Residential mortgage loans		—			—		—		—
Consumer loans		(89	)		152		10		64
Contingent loans		(444	)		1,153		155		434
Total		(2,273	)		6,542		735		2,445

34.	Income from investments in other companies:

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

		June			June
	Shareholder	2026			2025
		MCh$			MCh$

Income attributable to investments in other companies:
Associates
Centro de Compensación Automatizado S.A.	Banco de Chile		1,147			935
Redbanc S.A.	Banco de Chile		701			711
Sociedad Interbancaria de Depósitos de Valores S.A.	Banco de Chile		280			245
Administrador Financiero de Transantiago S.A.	Banco de Chile		201			208
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Banco de Chile		108			116
Servicios de Infraestructura de Mercado OTC S.A.	Banco de Chile		19			84
Transbank S.A.	Banco de Chile		(2	)		2,487
Subtotal Associates			2,454			4,786

Joint Ventures
Servipag Ltda.	Banco de Chile		(292	)		621
Subtotal Joint Ventures			(292	)		621
Subtotal			2,162			5,407

Minority Investments
Holding Bursátil Regional S.A.	Banchile Corredores de Bolsa		432			315
Banco Latinoamericano de Comercio Exterior S.A. (Bladex)	Banco de Chile		73			72
Bolsa Electrónica de Chile, Bolsa de Valores	Banchile Corredores de Bolsa		29			16
CCLV Contraparte Central S.A.	Banchile Corredores de Bolsa		3			1
Subtotal Minority Investments			537			404
Total Investments in other companies			2,699			5,811

126

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

35.

Income (expense) 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 periods 2026 and 2025 is as follows:

	June			June
	2026			2025
	MCh$			MCh$

Net income from assets received in payment or awarded in judicial auction
Gain (loss) on sale of assets received in lieu of payment or awarded in judicial auction		8,278			7,628
Other income from assets received in lieu of payment or awarded in judicial auction		6			27
Provisions for adjustments to net realizable value of assets received in lieu of payment or awarded in judicial auction		(1,340	)		(1,167	)
Write-off of assets received in lieu of payment or awarded in judicial auction		(7,451	)		(8,740	)
Expenses to maintain assets received in lieu of payment or awarded in judicial auction		(995	)		(664	)
Non-current assets held for sale
Investments in other companies		—			—
Intangible assets		—			—
Property and equipment		4,863			2,508
Assets for recovery of assets transferred in financial lease operations		1,140			1,380
Other assets		—			—
Disposal groups held for sale		—			—
Total		4,501			972

36.	Other operating Income and Expenses:

During the periods 2026 and 2025, the Bank and its subsidiaries record other operating income, detailed as follows:

	June		June
	2026		2025
	MCh$		MCh$

Indexation of tax refunds from previous years		26,390		11,110
Expense recovery		13,937		13,409
Income from investment property		3,664		3,493
Indexation of monthly tax provisional payments		878		582
Other income		548		369
Total		45,417		28,963

127

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

36.	Other operating Income and Expenses, continued:

During the periods 2026 and 2025, the Bank and its subsidiaries present other operating expenses, according to the following:

	June			June
	2026			2025
	MCh$			MCh$

Write-offs for operating risks		14,808			13,997
Provisions for lawsuits, litigation and contingencies		6,443			248
Expense in insurance premiums to cover operational risk events		3,108			3,104
Card administration		1,763			2,153
Expenses for financial lease loan operations		1,360			2,681
Legal expenses and lawsuits		1,017			973
Expenses for write-off of leased assets recoveries		587			219
Write-offs for commercial decisions		281			338
Life insurance		176			152
Appraisal expense		173			167
Renegotiated loan insurance premium		85			100
(Release) expense on provisions for operational risk		(104	)		(518	)
Provision for pending operations		(134	)		458
Expense recovery from operational risk events		(6,923	)		(6,710	)
Other expenses		815			207
Total		23,455			17,569

37.	Personnel expenses:

The composition of the expense for employee benefit obligations during the periods 2026 and 2025 is as follows:

	June		June
	2026		2025
	MCh$		MCh$

Expenses for short-term employee benefits		266,938		262,342
Expenses for employee benefits due to termination of employment contract		8,643		12,076
Training expenses		2,071		1,653
Expenses for nursery and kindergarten		706		800
Other personnel expenses		3,390		3,567
Total		281,748		280,438

128

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

38.	Administrative expenses:

This item is composed as follows:

	June		June
	2026		2025
	MCh$		MCh$
General administrative expenses
Information technology and communications		86,441		78,056
Maintenance and repair of property and equipment		26,079		24,837
Surveillance and securities transport services		5,876		5,394
Office supplies		4,423		4,999
External financial information and fraud prevention service		4,321		4,550
External advisory services and professional services fees		3,939		4,942
Legal and notary expenses		3,905		3,152
Energy, heating and other utilities		3,383		3,371
Donations		2,304		1,480
Other expenses of obligations for lease contracts		2,155		1,971
External service of documentation custody		2,042		2,432
Expenses for short-term leases		2,035		2,198
Insurance premiums except to cover operational risk events		2,002		1,921
Postal box, mail, postage and home delivery services		1,945		2,006
Representation and travel expenses		1,648		1,573
Card embossing service		1,122		1,204
Fees for other technical reports		512		412
Fees for review and audit of the financial statements by the external auditor		498		458
Expenses for leases low value		217		271
Fines applied by other agencies		39		24
Title classification fees		31		17
Other general administrative expenses		10,394		10,434

Outsourced services
Technological developments expenses, certification and technology testing		10,010		10,836
Data processing		6,685		5,752
External credit evaluation service		1,691		3,017
External collection service		1,076		2,281
External human resources administration services and supply of external personnel		986		1,025
Sales service, marketing, distribution for products, quality control customer service		1,128		396
External cleaning service, cafeteria, custody of files and documents, storage of furniture and equipment		159		167
Other outsourced services		908		569

Board of Director’s expenses
Board of Directors’ remuneration		1,707		1,777
Other Board of directors’ expenses		—		24

Advertising		20,148		19,128

Taxes, contribution payments and other legal charges
Contribution to the banking regulator		7,706		7,236
Property taxes		2,961		3,783
Taxes other than income tax		1,555		1,475
Municipal patents		932		956
Other legal charges		37		46
Total		223,000		214,170

129

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

39.	Depreciation and Amortization:

The amounts corresponding to debits to profit or loss for depreciation and amortization during the periods 2026 and 2025, are detailed as follows:

	June		June
	2026		2025
	MCh$		MCh$

Amortization of intangibles assets
Other intangible assets arising from business combinations		—		—
Other independently originated intangible assets		22,130		20,143
Depreciation of property and equipment
Buildings and land		4,674		4,895
Other property and equipment		6,559		7,210
Depreciation and impairment of leased assets
Buildings and land		13,999		14,400
Other property and equipment		—		—
Depreciation for improvements in leased real estate as right-to-use lease assets		527		529
Amortization for the right-to-use other intangible assets under lease		—		—
Depreciation of other assets for investment properties		174		178
Amortization of other assets per activity income asset		—		—
Total		48,063		47,355

40.	Impairment of non-financial assets:

As of June 30, 2026 and 2025, the detail of the line item for impairment of non-financial assets is composed as follows:

	June		June
	2026		2025
	MCh$		MCh$

Impairment of intangible assets		—		—
Impairment of property and equipment		4		31
Impairment of assets from revenue from contracts with customers		329		2,409
Total		333		2,440

130

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

41.	Credit loss expense:

(a)

The composition is as follows:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$

Expense of allowances established for credit risk		262,765			254,302			127,801			104,813
Expense (release) of special provisions for credit risk		52,497			(35,741	)		54,370			6,881
Recovery of written-off loans		(33,664	)		(33,676	)		(16,158	)		(16,956	)
Impairments for credit risk of other financial assets at amortized cost and financial assets at FVTOCI		(2,340	)		1,635			(933	)		1,578
Total		279,258			186,520			165,080			96,316

(b)

Summary of the expense of allowances constituted for credit risk and expense for credit losses:

	Expense of allowances constituted in the period
	Normal Portfolio						Substandard Portfolio			Non-Performing Portfolio							Deductible guarantees
	Evaluation						Evaluation			Evaluation							Fogape
As of June 30, 2026	Individual			Group			Individual			Individual		Group		Subtotal			Covid-19			Total
	MCh$			MCh$			MCh$			MCh$		MCh$		MCh$			MCh$			MCh$
Loans to Banks
Allowances established		—			—			—			—		—		—			—			—
Allowances released		(17	)		—			—			—		—		(17	)		—			(17	)
Subtotal		(17	)		—			—			—		—		(17	)		—			(17	)
Commercial loans
Allowances established		9,340			671			—			12,094		32,712		54,817			—			54,817
Allowances released		—			—			(1,237	)		—		—		(1,237	)		(54	)		(1,291	)
Subtotal		9,340			671			(1,237	)		12,094		32,712		53,580			(54	)		53,526
Residential mortgage loans
Allowances established		—			883			—			—		7,511		8,394			—			8,394
Allowances released		—			—			—			—		—		—			—			—
Subtotal		—			883			—			—		7,511		8,394			—			8,394
Consumer loans
Allowances established		—			—			—			—		206,583		206,583			—			206,583
Allowances released		—			(5,721	)		—			—		—		(5,721	)		—			(5,721	)
Subtotal		—			(5,721	)		—			—		206,583		200,862			—			200,862
Expense (release) of provisions for credit risk		9,323			(4,167	)		(1,237	)		12,094		246,806		262,819			(54	)		262,765

Recovery of written-off loans
Loans to Banks																					—
Commercial loans																					(9,635	)
Residential mortgage loans																					(2,047	)
Consumer loans																					(21,982	)
Subtotal																					(33,664	)
Loan credit loss expenses																					229,101

131

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

41.

Credit loss expense, continued:

(b)

Summary of the expense of allowances constituted for credit risk and expense for credit losses, continued;

	Expense of allowances constituted in the period
	Normal Portfolio						Substandard Portfolio		Non-Performing Portfolio							Deductible guarantees
	Evaluation						Evaluation		Evaluation							Fogape
As of June 30, 2025	Individual			Group			Individual		Individual		Group		Subtotal			Covid-19			Total
	MCh$			MCh$			MCh$		MCh$		MCh$		MCh$			MCh$			MCh$
Loans to Banks
Allowances established		—			—			—		—		—		—			—			—
Allowances released		(268	)		—			—		—		—		(268	)		—			(268	)
Subtotal		(268	)		—			—		—		—		(268	)		—			(268	)
Commercial loans
Allowances established		7,848			2,861			2,039		6,719		29,038		48,505			—			48,505
Allowances released		—			—			—		—		—		—			(606	)		(606	)
Subtotal		7,848			2,861			2,039		6,719		29,038		48,505			(606	)		47,899
Residential mortgage loans
Allowances established		—			—			—		—		5,442		5,442			—			5,442
Allowances released		—			(232	)		—		—		—		(232	)		—			(232	)
Subtotal		—			(232	)		—		—		5,442		5,210			—			5,210
Consumer loans
Allowances established		—			46,415			—		—		155,046		201,461			—			201,461
Allowances released		—			—			—		—		—		—			—			—
Subtotal		—			46,415			—		—		155,046		201,461			—			201,461
Expense (release) of provisions for credit risk		7,580			49,044			2,039		6,719		189,526		254,908			(606	)		254,302

Recovery of written-off credits
Loans to Banks																				—
Commercial loans																				(7,173	)
Residential mortgage loans																				(4,253	)
Consumer loans																				(22,250	)
Subtotal																				(33,676	)
Loan credit loss expenses																				220,626

132

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

41.

Credit loss expense, continued:

(c)

Summary of expense for special provisions for credit risk:

	For the six-month period ended June 30,						04.01.2026 to			04.01.2025 to
	2026			2025			06.30.2026			06.30.2025
	MCh$			MCh$			MCh$			MCh$
Expenses (release) of provisions for contingent loans:
Loans to Banks		—			—			—			—
Commercial loans		(3,106	)		(782	)		(1,122	)		224
Consumer loans		882			28,749			794			511
Expenses from provisions for country risk for transactions with debtors with residence abroad		4,721			5,327			4,698			6,146
Expense of special provisions for loans abroad		—			—			—			—
Expenses of additional loan provisions:
Commercial loans		50,000			(69,035	)		50,000			—
Residential mortgage loans		—			—			—			—
Consumer loans		—			—			—			—
Expense of other special provisions established for credit risk		52,497			(35,741	)		54,370			6,881

42.	Income from discontinued operations:

As of June 30, 2026 and 2025, the Bank does not record income from discontinued operations.

43.	Related Party Disclosures:

Related parties are considered to be those persons or legal entities 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 persons or legal entities 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.

133

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.

Related Party Disclosures, continued:

(a)

Assets and liabilities with related parties:

	Related Party Type
Type of current assets and liabilities with related parties As of June 30, 2026	Parent Entity		Other Legal Entity			Key Personnel of the Consolidated Bank			Other Related Parties			Total
ASSETS	MCh$		MCh$			MCh$			MCh$			MCh$
Financial assets held for trading at fair value through profit or loss:
Derivative Financial Instruments		—		212,458			—			—			212,458
Debt financial instruments		—		—			—			—			—
Other financial instruments		—		150			—			—			150
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		—		35,562			—			—			35,562
Derivative financial instruments for hedging purposes		—		—			—			—			—
Financial assets at amortized cost:
Rights by resale agreements		—		—			—			—			—
Debt financial instruments		—		—			—			—			—
Commercial loans		—		268,395			1,723			10,443			280,561
Residential mortgage loans		—		—			16,419			62,321			78,740
Consumer Loans		—		—			1,559			9,623			11,182
Allowances established – loans		—		(1,701	)		(62	)		(425	)		(2,188	)
Other assets		18		325,925			4			8			325,955
Contingent loans		—		117,491			3,652			17,325			138,468

LIABILITIES
Financial liabilities held for trading at fair value through profit or loss:
Derivative Financial Instruments		—		205,403			—			—			205,403
Financial liabilities designated as at fair value through profit or loss		—		—			—			—			—
Derivative financial instruments for hedging purposes		—		24,766			—			—			24,766
Financial liabilities at amortized cost:
Current accounts and other demand deposits		91		100,843			4,721			6,232			111,887
Time deposits and saving accounts		65,010		296,727			2,818			17,860			382,415
Obligations by repurchase agreements		—		102			—			—			102
Borrowings from financial institutions		—		165,679			—			—			165,679
Debt financial instruments issued		—		—			—			—			—
Other financial obligations		—		—			—			—			—
Lease liabilities		—		6,544			—			—			6,544
Other liabilities		—		329,593			266			22			329,881

134

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.

Related Party Disclosures, continued:

(a)

Assets and liabilities with related parties, continued:

	Related Party Type
Type of current assets and liabilities with related parties As of December 31, 2025	Parent Entity		Other Legal Entity			Key Personnel of the Consolidated Bank			Other Related Parties			Total
ASSETS	MCh$		MCh$			MCh$			MCh$			MCh$
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
Derivative financial instruments for hedging purposes		—		—			—			—			—
Financial assets at amortized cost:
Rights by resale 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		—		—			—			—			—
Derivative financial instruments for hedging purposes		—		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 by 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

135

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.

Related Party Disclosures, continued:

(b)

Income and expenses from related party transactions (*):

As of June 30, 2026	Parent Entity		Other Legal Entity		Key personnel of the consolidated Bank			Other Related parties		Total
		MCh$		MCh$		MCh$			MCh$		MCh$
Interest revenue		—		6,409		310			1,474		8,193
Inflation indexation revenue		—		1,656		499			2,072		4,227
Fee and commission income		88		44,926		34			41		45,089
Net Financial result		—		11,145		—			—		11,145
Other income		—		—		—			—		—
Total Income		88		64,136		843			3,587		68,654

Interest expense		1,227		2,797		92			397		4,513
Inflation indexation expense		—		—		—			—		—
Fee and commission expense		—		14,673		—			—		14,673
Expenses credit losses (gains)		—		92		(6	)		66		152
Personnel expenses		—		59		25,938			50,560		76,557
Administrative expenses		—		5,506		1,753			1		7,260
Other expenses		—		2		8			17		27
Total Expenses		1,227		23,129		27,785			51,041		103,182

As of June 30, 2025	Parent Entity		Other Legal Entity			Key personnel of the consolidated Bank		Other Related parties		Total
	MCh$		MCh$			MCh$		MCh$		MCh$
Interest revenue		—		12,656			268		1,469		14,393
Inflation indexation revenue		—		1,557			367		1,498		3,422
Fee and commission income		86		46,610			30		24		46,750
Net Financial result		—		(36,744	)		—		—		(36,744	)
Other income		—		—			—		—		—
Total Income		86		24,079			665		2,991		27,821

Interest expense		3,406		2,514			84		439		6,443
Inflation indexation expense		—		—			—		—		—
Fee and commission expense		—		16,453			—		—		16,453
Expenses credit losses (gains)		—		456			30		129		615
Personnel expenses		—		52			23,495		47,986		71,533
Administrative expenses		—		4,474			1,846		28		6,348
Other expenses		—		—			—		6		6
Total Expenses		3,406		23,949			25,455		48,588		101,398

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

136

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.

Related Party Disclosures, continued:

(c)

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

As of June 30, 2026

	Nature of the	Transaction description			Transactions under equivalent conditions to those transactions			Effect on Profit or loss				Effect on the statement of Financial position
Company name	relationship with the Bank	Type of service	Term	Renewal conditions	conducted on an arm’s length basis	Amount MCh$		Income MCh$		Expenses MCh$		Accounts receivable MCh$		Accounts payable MCh$

Servipag Ltda.	Joint venture	Collection services	30 days	Contract	Yes		1,843		—		1,843		—		341
		IT project services	30 days	Contract	Yes		102		—		102		—		—
		IT support services	30 days	Contract	Yes		267		—		267		—		—
Enex S.A.	Other related parties	Rent spaces for ATM	30 days	Contract	Yes		1,255		—		1,255		—		613
Redbanc S.A.	Associates	Electronic transaction management services	30 days	Contract	Yes		9,027		—		9,027		—		1,420
		IT services	30 days	Contract	Yes		238		—		238		—		—
		Servicio proyectos TI	30 days	Contract	Yes		92		—		92		—		—
Depósito Central de Valores S.A.	Other related parties	Quality control and custodial services	30 days	Contract	Yes		554		—		554		—		27
		Custodial services	30 days	Contract	Yes		665		—		665		—		—
CCLV Contraparte Central S.A.	Minority investments	Brokerage commission	30 days	Contract	Yes		183		—		183		—		—
Manantial S.A.	Other related parties	General expenses	30 days	Contract	Yes		199		—		199		—		30
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Associates	Collection services	30 days	Contract	Yes		516		—		516		—		150
Canal 13	Other related parties	Advertising services	30 days	Contract	Yes		659		—		659		—		311
Comder Contraparte Central S.A.	Other related parties	Securities clearing services	30 days	Contract	Yes		461		—		461		—		—
Citigroup Global Markets INC	Other related parties	Brokerage commission	30 days	Contract	Yes		305		—		305		—		—
Bolsa de Comercio de Santiago, Bolsa de Valores	Minority investments	Brokerage commission	30 days	Contract	Yes		145		—		145		—		10
Bolsa Electrónica de Chile, Bolsa de Valores	Minority investments	Brokerage commission	30 days	Contract	Yes		99		—		99		—		7
Holding Bursátil Regional S.A.	Minority investments	Service of financial information	30 days	Contract	Yes		164		—		164		—		—
		IT support services	30 days	Contract	Yes		86		—		86		—		—
DCV Registros S.A.	Other related parties	IT services	30 days	Contract	Yes		200		—		200		—		—
Transbank S.A.	Associates	Card processing	30 days	Contract	Yes		305		—		305		—		56
		Exchange commission	30 days	Contract	Yes		38,678		38,678		—		—		—
Centro de Compensación Automatizado S.A.	Associates	Transfer services	30 days	Contract	Yes		1,449		—		1,449		—		263
Citibank N.A.	Other related parties	Connectivity business commissions	Quarterly	Contract	Yes		3,996		3,996		—		3,080		—
Plaza Oeste SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		70		—		70		—		545
		Common area expenses	30 days	Contract	Yes		193		—		193		—		—
Plaza del Trébol SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		90		—		90		—		251
		Common area expenses	30 days	Contract	Yes		94		—		94		—		—
Nuevos Desarrollos S.A.	Other related parties	Financial lease agreements	30 days	Contract	Yes		59		—		59		—		289
Plaza Vespucio SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		59		—		59		—		109
Plaza La Serena SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		131		—		131		—		270

137

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.

Related Party Disclosures, continued:

(c)

Transactions with related parties, continued:

As of December 31, 2025

	Nature of the	Transaction description			Transactions under equivalent conditions to those transactions			Effect on Profit or loss				Effect on the statement of Financial position
Company name	relationship with the Bank	Type of service	Term	Renewal conditions	conducted on an arm’s length basis	Amount MCh$		Income MCh$		Expenses MCh$		Accounts receivable MCh$		Accounts payable MCh$
Servipag Ltda.	Joint venture	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 de Comercio de Santiago, Bolsa de Valores	Minority investments	Brokerage commission	30 days	Contract	Yes		292		—		292		—		—
Manantial S.A.	Other related parties	General expenses	30 days	Contract	Yes		329		—		329		—		—
Universidad Del Desarrollo	Other related parties	Advertising services	30 days	Contract	Yes		336		—		336		—		336
Enex 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 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 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 Contraparte Central S.A.	Minority investments	Brokerage commission	30 days	Contract	Yes		325		—		325		—		—
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A.	Associates	Collection services	30 days	Contract	Yes		943		—		943		—		91
Inmobiliaria e Inversiones Capitolio S.A.	Other related parties	Leases	30 days	Contract	Yes		83		—		83		—		—
Fundación Teleton	Other related parties	Advertising services	30 days	Contract	Yes		577		—		577		—		268
		Donations	30 days	Contract	Yes		1,590		—		1,590		—		—
Canal 13	Other related parties	Advertising services	30 days	Contract	Yes		131		—		131		—		—
La Barra S.A.	Other related parties	Advertising services	30 days	Contract	Yes		96		—		96		—		—
Bolsa 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 N.A. Reino Unido	Other related parties	Service of financial information	30 days	Contract	Yes		106		—		106		—		—
Comder Contraparte Central S.A.	Other related parties	Securities clearing services	30 days	Contract	Yes		769		—		769		—		—
Citigroup Global Markets INC	Other related parties	Brokerage commission	30 days	Contract	Yes		369		—		369		—		50
DCV Registros S.A.	Other related parties	IT services	30 days	Contract	Yes		258		—		258		—		—
Transbank S.A.	Associates	Card processing	30 days	Contract	Yes		631		—		631		—		110
		Exchange commission	30 days	Contract	Yes		77,727		77,727		—		—		—
Centro 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 Chile S.A.	Other related parties	IT services	30 days	Contract	Yes		280		—		280		—		—
		IT support services	30 days	Contract	Yes		236		—		236		—		—
Citibank N.A.	Other related parties	Connectivity business commissions	Quarterly	Contract	Yes		7,991		7,991		—		3,362		—
Desarrollos e Inversiones Internacionales SpA	Other related parties	Common area expenses	30 days	Contract	Yes		101		—		101		—		13
Plaza 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 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 Desarrollos S.A.	Other related parties	Financial lease agreements	30 days	Contract	Yes		193		—		193		—		335
Plaza Vespucio SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		133		—		133		—		32
Plaza Tobalaba SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		133		—		133		—		—
Plaza La Serena SPA	Other related parties	Financial lease agreements	30 days	Contract	Yes		257		—		257		—		385
Inmobiliaria Mall Calama S.A.	Other related parties	Financial lease agreements	30 days	Contract	Yes		148		—		148		—		—

138

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

43.

Related Party Disclosures, continued:

(d)

Payments to the Board of Directors and to key personnel of the management of the Bank and its subsidiaries:

	June		June
	2026		2025
	MCh$		MCh$
Board of Directors:
Payment of remuneration and allowances of the Board of Directors - Bank and its subsidiaries		1,707		1,777
Other Board of Director’s expenses		—		24

Key Personnel of the Management of the Bank and its Subsidiaries:
Payment for short-term employee benefits		24,002		23,249
Payment for severance		1,936		246
Payment for post-employment benefits to employees		—		—
Payment for long-term employee benefits		—		—
Payment for 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		25,938		23,495
Total		27,645		25,296

(e)

Composition of the Board of Directors and key personnel of the Management of the Bank and its subsidiaries:

	June		June
	2026		2025
	No. Executives
Board of Directors:
Directors – Bank and its subsidiaries		15		17

Key Personnel of the Management of the Bank and its Subsidiaries:
CEO – Bank		1		1
CEOs – Subsidiaries		5		6
Division / Area Managers – Bank		74		74
Division / Area Managers – Subsidiaries		33		38
Subtotal		113		119
Total		128		136

139

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.	Fair 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 Division Manager Management, Financial Control and Productivity. 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 standard valuation.

To value financial instruments, the Bank 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 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 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.

140

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(iv)

Fair 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 Bank 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. The Bank 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 measured at amortized cost.

141

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(v)

Fair 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 the Bank 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 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 the Bank, 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 of instruments valued at Fair value:

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

Level 1:

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

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

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

142

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

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

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

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

Level 2:

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

Quoted prices for similar assets or liabilities in active markets.

Quoted prices for identical or similar assets or liabilities in markets that are not active.

Inputs data other than quoted prices that are observable for the asset or liability.

Inputs 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.

143

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

Valuation Techniques and Inputs for Level 2 Instrument:

Type of Financial

Instrument

Valuation Method

Description: Inputs and Sources

Local Bank and

Corporate Bonds

Discounted cash

flows model

Prices (internal rates of return) are provided by third party price providers that are widely used in the Chilean market.

Model is based on a Base Yield (Central Bank Bonds or the General Treasury of the Republic) and issuer spread.

The model is based on daily prices and risk/maturity similarities between

Instruments.

Offshore Bank and

Corporate Bonds

Prices are provided by third party price providers that are widely used in the Chilean market.

Model 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.

Model 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.

Model is based on a Base Yield (Central Bank Bonds or the General Treasury of the Republic) and issuer spread.

The model takes into consideration daily prices and risk/maturity 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.

Model 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.

Offshore rates and spreads are obtained from third party price providers that are widely used in the Chilean market.

Zero Coupon 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.

144

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

Level 3:

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

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

Valuation Techniques and Inputs for Level 3 Instrument:

Type of Financial Instrument

Valuation Method

Description: Inputs and Sources

Local Bank and

Corporate Bonds

Discounted 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 or the General Treasury of the Republic) 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.

145

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(b)

Level chart:

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

	Level 1				Level 2				Level 3				Total
	June		December		June		December		June		December		June		December
	2026		2025		2026		2025		2026		2025		2026		2025
	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		—		—		344,720		377,810		—		—		344,720		377,810
Swaps		—		—		1,505,479		1,488,810		—		—		1,505,479		1,488,810
Call Options		—		—		2,298		332		—		—		2,298		332
Put Options		—		—		460		2,515		—		—		460		2,515
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		1,852,957		1,869,467		—		—		1,852,957		1,869,467
Debt Financial Instruments:
From the Chilean Government and Central Bank		488,646		289,581		2,237,300		2,508,748		—		—		2,725,946		2,798,329
Other debt financial instruments issued in Chile		—		—		123,328		263,104		20,790		14,250		144,118		277,354
Financial debt instruments issued Abroad		—		—		27,703		46,019		—		—		27,703		46,019
Subtotal		488,646		289,581		2,388,331		2,817,871		20,790		14,250		2,897,767		3,121,702
Others		429,705		402,259		—		—		—		—		429,705		402,259
Subtotal		918,351		691,840		4,241,288		4,687,338		20,790		14,250		5,180,429		5,393,428

Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments: (1)
From the Chilean Government and Central Bank		678,779		604,907		1,502,299		569,399		—		—		2,181,078		1,174,306
Other debt financial instruments issued in Chile		—		—		2,190,646		2,285,253		66,124		53,673		2,256,770		2,338,926
Financial debt instruments issued Abroad		—		—		87,734		35,739		—		—		87,734		35,739
Subtotal		678,779		604,907		3,780,679		2,890,391		66,124		53,673		4,525,582		3,548,971

Financial Derivative contracts for hedging purposes
Forwards		—		—		—		—		—		—		—		—
Swaps		—		—		27,342		29,714		—		—		27,342		29,714
Call Options		—		—		—		—		—		—		—		—
Put Options		—		—		—		—		—		—		—		—
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		27,342		29,714		—		—		27,342		29,714

Total		1,597,130		1,296,747		8,049,309		7,607,443		86,914		67,923		9,733,353		8,972,113

Financial Liabilities
Financial liabilities held for trading at fair value through profit or loss:
Financial Derivative contracts:
Forwards		—		—		329,156		456,184		—		—		329,156		456,184
Swaps		—		—		1,624,646		1,621,709		—		—		1,624,646		1,621,709
Call Options		—		—		1,558		870		—		—		1,558		870
Put Options		—		—		1,434		1,459		—		—		1,434		1,459
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		1,956,794		2,080,222		—		—		1,956,794		2,080,222
Others		—		—		1,334		512		—		—		1,334		512

Financial derivative contracts for hedging purposes
Forwards		—		—		—		—		—		—		—		—
Swaps		—		—		337,539		297,817		—		—		337,539		297,817
Call Options		—		—		—		—		—		—		—		—
Put Options		—		—		—		—		—		—		—		—
Futures		—		—		—		—		—		—		—		—
Subtotal		—		—		337,539		297,817		—		—		337,539		297,817

Total		—		—		2,295,667		2,378,551		—		—		2,295,667		2,378,551

(1)	As of June 30, 2026, 100% of instruments of Level 3 have denomination “Investment Grade”. Also, 100% of total of these financial instruments correspond to domestic issuers.

146

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(c)

Level 3 reconciliation:

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

	June 2026
	Balance as of January 1, 2026		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 June 30, 2026
	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		14,250		—			—		10,376		(3,836	)		—		—		20,790
Subtotal		14,250		—			—		10,376		(3,836	)		—		—		20,790

Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile		53,673		(680	)		719		—		—			12,412		—		66,124
Subtotal		53,673		(680	)		719		—		—			12,412		—		66,124

Total		67,923		(680	)		719		10,376		(3,836	)		12,412		—		86,914

	December 2025
	Balance as of January 1, 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, 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

(1)	Recorded in income under item “Net Financial Result”.

(2)	Recorded in equity under item “Accumulated other comprehensive income”.

147

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(d)

Sensitivity of instruments classified in Level 3 to changes in key assumptions of models:

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

	As of June 30, 2026					As of December 31, 2025
	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		20,790		(59	)		14,250		(15	)
Subtotal		20,790		(59	)		14,250		(15	)

Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments:
Other debt financial instruments issued in Chile		66,124		(1,697	)		53,673		(1,652	)
Subtotal		66,124		(1,697	)		53,673		(1,652	)
Total		86,914		(1,756	)		67,923		(1,667	)

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.

148

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(e)

Other assets and liabilities:

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

	Book Value				Estimated Fair Value
	June		December		June		December
	2026		2025		2026		2025
	MCh$		MCh$		MCh$		MCh$
Assets
Cash and deposits in banks		1,458,185		2,590,986		1,458,185		2,590,986
Transactions in the course of collection		378,716		414,419		378,716		414,419
Subtotal		1,836,901		3,005,405		1,836,901		3,005,405
Financial assets at amortized cost:
Rights by resale agreements		86,263		100,643		86,263		100,643
Debt financial instruments		455,308		460,937		432,946		435,196
Loans to Banks:
Domestic banks		199,928		—		199,928		—
Central Bank of Chile		450,000		—		450,000		—
Foreign banks		348,948		399,123		350,402		397,340
Subtotal		1,540,447		960,703		1,519,539		933,179
Loans to customers, net:
Commercial loans		20,110,603		19,137,460		19,896,508		18,835,985
Residential mortgage loans		14,134,985		13,874,507		14,452,216		13,957,541
Consumer loans		5,183,718		5,343,032		5,256,185		5,436,873
Subtotal		39,429,306		38,354,999		39,604,909		38,230,399
Total		42,806,654		42,321,107		42,961,349		42,168,983

Liabilities
Transactions in the course of payment		604,702		564,172		604,702		564,172
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,499,452		14,498,196		14,499,452		14,498,196
Time deposits and saving accounts		15,275,002		13,971,968		15,265,680		13,965,200
Obligations by repurchase agreements		140,590		286,915		140,590		286,915
Borrowings from financial institutions		1,195,069		1,296,751		1,179,962		1,278,009
Debt financial instruments issued:
Mortgage finance bonds for residential purposes		441		521		488		578
Mortgage finance bonds for general purposes		—		—		—		—
Bonds		11,112,410		10,800,330		10,924,609		10,725,466
Other financial obligations		366,387		367,323		366,387		367,323
Subtotal		42,589,351		41,222,004		42,377,168		41,121,687
Regulatory capital financial instruments:
Subordinate bonds		1,107,184		1,087,093		1,046,079		1,055,062
Total		44,301,237		42,873,269		44,027,949		42,740,921

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.

149

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(f)

Levels of other assets and liabilities:

The following table shows the estimated fair value of financial assets and liabilities not measured at their fair value, as of June 30, 2026 and December 31, 2025:

	Level 1 Estimated fair value				Level 2 Estimated fair value				Level 3 Estimated fair value				Total Estimated fair value
	June		December		June		December		June		December		June		December
	2026		2025		2026		2025		2026		2025		2026		2025
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$

Assets
Cash and deposits in banks		1,458,185		2,590,986		—		—		—		—		1,458,185		2,590,986
Transactions in the course of collection		378,716		414,419		—		—		—		—		378,716		414,419
Subtotal		1,836,901		3,005,405		—		—		—		—		1,836,901		3,005,405
Financial assets at amortized cost:
Rights by resale agreements		86,263		100,643		—		—		—		—		86,263		100,643
Debt financial instruments		432,946		435,196		—		—		—		—		432,946		435,196
Loans to Banks:
Domestic banks		199,928		—		—		—		—		—		199,928		—
Central Bank of Chile		450,000		—		—		—		—		—		450,000		—
Foreign banks		—		—		—		—		350,402		397,340		350,402		397,340
Subtotal		1,169,137		535,839		—		—		350,402		397,340		1,519,539		933,179
Loans to customers, net:
Commercial loans		—		—		—		—		19,896,508		18,835,985		19,896,508		18,835,985
Residential mortgage loans		—		—		—		—		14,452,216		13,957,541		14,452,216		13,957,541
Consumer loans		—		—		—		—		5,256,185		5,436,873		5,256,185		5,436,873
Subtotal		—		—		—		—		39,604,909		38,230,399		39,604,909		38,230,399
Total		3,006,038		3,541,244		—		—		39,955,311		38,627,739		42,961,349		42,168,983

Liabilities
Transactions in the course of payment		604,702		564,172		—		—		—		—		604,702		564,172
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,499,452		14,498,196		—		—		—		—		14,499,452		14,498,196
Time deposits and saving accounts		—		—		—		—		15,265,680		13,965,200		15,265,680		13,965,200
Obligations by repurchase agreements		140,590		286,915		—		—		—		—		140,590		286,915
Borrowings from financial institutions		—		—		—		—		1,179,962		1,278,009		1,179,962		1,278,009
Debt financial instruments issued:
Mortgage finance bonds for residential purposes		—		—		488		578		—		—		488		578
Mortgage finance bonds for general purposes		—		—		—		—		—		—		—		—
Bonds		—		—		10,924,609		10,725,466		—		—		10,924,609		10,725,466
Other financial obligations		—		—		—		—		366,387		367,323		366,387		367,323
Subtotal		14,640,042		14,785,111		10,925,097		10,726,044		16,812,029		15,610,532		42,377,168		41,121,687
Regulatory capital financial instruments:
Subordinate bonds		—		—		—		—		1,046,079		1,055,062		1,046,079		1,055,062
Total		15,244,744		15,349,283		10,925,097		10,726,044		17,858,108		16,665,594		44,027,949		42,740,921

150

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

44.

Fair Value of Financial Assets and Liabilities, continued:

(f)

Levels of other assets and liabilities, continued:

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

●

Short-term assets and liabilities: For assets and liabilities with short-term maturity, it is assumed that the book values approximate to their fair value. This assumption is applied to the following assets and liabilities:

Assets:		Liabilities:
-	Cash and deposits in banks	-	Current accounts and other demand deposits
-	Transactions in the course of collection	-	Transactions in the course of payments
-	Rights by resale agreements	-	Obligations by repurchase agreements
-	Loans to domestic banks (including the Central Bank of Chile)

●

Loans to Customers and Advances to foreign banks: Fair value is determined by using the discounted cash flow model and internally generated discount rates, based on internal transfer rates derived from our internal transfer price process. Once the present value is determined, we deduct the related loan loss allowances to incorporate the credit risk associated with each contract or loan. As we use internally generated parameters for valuation purposes, we categorize these instruments in Level 3.

●

Debt financial instruments at amortized cost: The fair value is calculated with the methodology of the Stock Exchange, using the IRR observed in the market. Because the instruments that are in this category correspond to General Treasury of the Republic bonds that are Benchmark, they are classified in Level 1.

●

Mortgage finance bonds and Bonds: To determine the present value of contractual cash flows, we apply the discounted cash flow model by using market interest rates that are available in the market, either for the instruments under valuation or instruments with similar features that fit valuation needs in terms of currency, maturities and liquidity. The market interest rates are obtained from third party price providers widely used by the market. As a result of the valuation technique and the quality of inputs (observable) used for valuation, we categorize these financial liabilities in Level 2.

●

Saving Accounts, Time Deposits, Borrowings from Financial Institutions (including the Central Bank of Chile), Subordinated Bonds and Other borrowings financial: The discounted cash flow model is used to obtain the present value of committed cash flows by applying a bucket approach and average adjusted discount rates that derived from both market rates for instruments with similar features and our internal transfer price process. As we use internally generated parameters and/or apply significant judgmental analysis for valuation purposes, we categorize these financial liabilities in Level 3.

151

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

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

The table below details the main financial assets and liabilities grouped in accordance with their remaining maturity, including capitals and accrued interest as of June 30, 2026 and December 31, 2025. As these are for trading and financial instrument at fair value through other comprehensive income are included at their fair value:

	June 2026
	On demand		Up to 1 month		Over 1 month and up to 3 months		Over 3 month and up to 12 months		Subtotal up to 1 year		Over 1 year and up to 3 years		Over 3 years and up to 5 years		Over 5 years		Subtotal over 1 year		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Assets
Cash and deposits in banks		1,458,185		—		—		—		1,458,185		—		—		—		—		1,458,185
Transactions in the course of collection		—		378,716		—		—		378,716		—		—		—		—		378,716
Financial assets held for trading at fair value through profit or loss:
Derivative contracts financial		—		168,562		122,108		244,859		535,529		424,141		524,911		368,376		1,317,428		1,852,957
Debt financial instruments		—		2,897,767		—		—		2,897,767		—		—		—		—		2,897,767
Others		—		429,705		—		—		429,705		—		—		—		—		429,705
Financial assets at fair value through other comprehensive income		—		222,619		425,178		2,151,695		2,799,492		741,103		205,436		779,551		1,726,090		4,525,582
Derivative contracts financial for hedging purposes		—		—		—		449		449		7,841		—		19,052		26,893		27,342
Financial assets at amortized cost:
Rights by resale agreements		—		67,346		17,802		1,115		86,263		—		—		—		—		86,263
Debt financial instruments (*)		—		—		—		—		—		134,632		320,748		—		455,380		455,380
Loans to Banks (**)		—		828,673		8,867		161,997		999,537		—		—		—		—		999,537
Loans to customers (**)		—		5,713,827		2,583,749		6,739,041		15,036,617		7,341,013		4,817,831		13,078,760		25,237,604		40,274,221
Total financial assets		1,458,185		10,707,215		3,157,704		9,299,156		24,622,260		8,648,730		5,868,926		14,245,739		28,763,395		53,385,655

	June 2026
	On demand			Up to 1 month		Over 1 month and up to 3 months			Over 3 month and up to 12 months		Subtotal up to 1 year			Over 1 year and up to 3 years		Over 3 years and up to 5 years		Over 5 years		Subtotal over 1 year		Total
	MCh$			MCh$		MCh$			MCh$		MCh$			MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities
Transactions in the course of payment		—			604,702		—			—		604,702			—		—		—		—		604,702
Financial liabilities held for trading at fair value through profit or loss:
Derivative contracts financial		—			167,951		108,796			296,389		573,136			494,126		525,746		363,786		1,383,658		1,956,794
Others		—			1,013		321			—		1,334			—		—		—		—		1,334
Derivative contracts financial for hedging purposes		—			—		—			2,490		2,490			4,173		58,694		272,182		335,049		337,539
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,499,452			—		—			—		14,499,452			—		—		—		—		14,499,452
Time deposits and saving accounts (***)		—			8,948,934		3,189,162			2,641,219		14,779,315			47,274		965		749		48,988		14,828,303
Obligations by repurchase agreements		—			140,526		64			—		140,590			—		—		—		—		140,590
Borrowings from financial institutions		—			15,294		195,275			826,734		1,037,303			157,766		—		—		157,766		1,195,069
Debt financial instruments issued:		—
Mortgage finance bonds		—			9		25			29		63			81		70		227		378		441
Bonds		—			456,838		544,427			1,115,437		2,116,702			2,433,121		1,440,373		5,122,214		8,995,708		11,112,410
Other financial obligations		—			366,387		—			—		366,387			—		—		—		—		366,387
Lease liabilities		—			2,318		4,637			19,494		26,449			33,626		9,893		5,612		49,131		75,580
Regulatory capital financial instruments		—			2,359		—			101,278		103,637			11,706		6,430		985,411		1,003,547		1,107,184
Total financial liabilities		14,499,452			10,706,331		4,042,707			5,003,070		34,251,560			3,181,873		2,042,171		6,750,181		11,974,225		46,225,785

Mismatch		(13,041,267	)		884		(885,003	)		4,296,086		(9,629,300	)		5,466,857		3,826,755		7,495,558		16,789,170		7,159,870

(*)	These balances are presented without deduction of impairment, which amount to Ch$72 million.

(**)	These balances are presented without deduction of their respective related allowances, which amount to Ch$844,915 million for loans to customers and Ch$661 million for borrowings from financial institutions.

(***)

Excludes term saving accounts, which amount to Ch$446,699 million.

152

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

45.

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

	December 2025
	On demand		Up to 1 month		Over 1 month and up to 3 months		Over 3 month and up to 12 months		Subtotal up to 1 year		Over 1 year and up to 3 years		Over 3 years and up to 5 years		Over 5 years		Subtotal over 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 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 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 for hedging purposes		—		—		—		—		—		9,670		—		20,044		29,714		29,714
Financial assets at amortized cost:
Rights by resale 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 (**)		—		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 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 2025
	On demand			Up to 1 month			Over 1 month and up to 3 months			Over 3 month and up to 12 months		Subtotal up to 1 year			Over 1 year and up to 3 years		Over 3 years and up to 5 years		Over 5 years		Subtotal over 1 year		Total
	MCh$			MCh$			MCh$			MCh$		MCh$			MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities
Transactions in the course of payment		—			564,172			—			—		564,172			—		—		—		—		564,172
Financial liabilities held 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 for hedging purposes		—			—			—			—		—			4,363		53,287		240,167		297,817		297,817
Financial liabilities at 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 by 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 capital financial instruments		—			2,153			—			105,722		107,875			11,039		9,241		958,938		979,218		1,087,093
Total 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 balances are presented without deduction of impairment, which amount to Ch$19 million.

(**)	These balances are presented without deduction of their respective related allowances, which amount to Ch$836,971 million for loans to customers and Ch$669 million for borrowings from financial institutions.

(***)

Excludes term saving accounts, which amount to Ch$405,689 million.

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NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

46.	Financial and Non-Financial Assets and Liabilities by Currency:

As of June 30, 2026	CLP			CLF		FX Indexation		USD			COP		GBP		EUR			CHF			JPY			CNY		Others			TOTAL
	MCh$			MCh$		MCh$		MCh$			MCh$		MCh$		MCh$			MCh$			MCh$			MCh$		MCh$			MCh$
Assets
Financial assets	24,625,758			23,191,566		196,026		4,318,482			—		22,310		112,460			5,772			22,290			19,969		25,374			52,540,007
Non-Financial assets		2,126,239			16,713		10,570		542,388			—		—		749			—			—			—		16			2,696,675
Total Assets		26,751,997			23,208,279		206,596		4,860,870			—		22,310		113,209			5,772			22,290			19,969		25,390			55,236,682

Liabilities
Financial liabilities		27,786,367			11,136,078		249		6,143,280			—		2,330		113,364			263,447			227,159			432		999,778			46,672,484
Non-Financial liabilities		2,283,886			279,634		1,755		278,621			—		8		2,667			30			13			3		114			2,846,731
Total Liabilities		30,070,253			11,415,712		2,004		6,421,901			—		2,338		116,031			263,477			227,172			435		999,892			49,519,215

Mismatch of Financial Assets and Liabilities (*)		(3,160,609	)		12,055,488		195,777		(1,824,798	)		—		19,980		(904	)		(257,675	)		(204,869	)		19,537		(974,404	)		5,867,523

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

As of December 31, 2025	CLP			CLF		FX Indexation		USD			COP		GBP		EUR		CHF			JPY			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

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

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47.	Risk 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. The Overalll risk management takes into consideration the different business segments to whichthe 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 perform 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 such risks, including the Bank and its subsidiaries.

(a)

Risk Management Structure

Credit, Market and Operational Risk Management are at all levels within the Organization, with a Corporate Governance structure that recognizes the significance 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, policy for complex products and services, operational risk policy, business continuation policy, outsourcing policy, investments in debt instruments policy, market risk policy and liquidity risk policy. Likewise, it approves the internal provision and credit risk stress testing models. Additional allowances Policy and pronounces annually on the adequacy of allowances. Additionally, it approves the capital management policy for the monitoring, control, administration and the management of the bank´s capital. Also, it confirms 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 within the organization. Accordingly, it has approved the risk management policy of the model together with the development framework, validates and follows up on 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. Management is responsible both for the establishment of standards and associated procedures as well as for the control and compliance with that agreedby 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 at 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.

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47.

Risk Management and Report, continued:

In addition to the Board Committees, the Bank’s Management relies on various specialized committees, among which the Technical Committee for the Supervision and Development of Internal Models, the Model Risk Management Committee, and the Operational Risk Committee stand out. These committees address specific matters within the scope of risk management.

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

Risk management is carried out jointly by the Credit Risk Division and the Operational Risk and Global Control Division, which together form the risk corporate governance structure. These divisions are supported by highly experienced and specialized teams, as well as a robust regulatory framework, enabling optimal and effective management of matters within their respective areas of responsibility.

These divisions contribute to the effective governance of the Corporation’s principal risks, with the objective of optimizing the risk–return relationship, safeguarding business continuity, and strengthening a robust risk culture. This approach is implemented through the identification, assessment, and management of potential losses arising from counterparties’ failure to meet their obligations, exposure to changes in market risk factors, or the inadequacy or failure of processes, personnel, and/or internal systems, as well as from external events, thereby contributing comprehensively to sound capital management.

Likewise, these divisions continually manage 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 unified and cross-functional risk culture across the Corporation through training and permanent education.

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

Market Risk: Is responsible for developing the function of measuring, limiting, controlling and reporting market risk, along with defining valuation standards and managing the Bank’s assets and liabilities. Moreover, this management is responsible for taking care of the compliance of market risk management policies, liquidity management, investment in debt instruments approved by the board and to communicate promptly the status of market risks in detail accordingly.

Wholesale Credit Risk Admission: is responsible for managing, resolving and controlling the approval process of businesses related to the Wholesale segment portfolio, including specific sectors and products for this portfolio, ensuring coherence, compliance and consistency of policies. of credit risk both in the bank and in its subsidiaries.

Retail Admission, Regulations and Risk Transformation: Responsible for defining the credit risk management framework, both for reactive and proactive retail origination, within the defined regulatory scope and risk appetite established by the Bank. Also, the maintenance and implementation 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 Asset Management: is responsible for the collection of credits from all of the Bank’s 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.

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47.

Risk Management 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. In addition, it monitors model performance and reports the results to the appropriate governance bodies.

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 Credit 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.

The Operational Risk and Global Control Division is responsible for the areas of Operational Risk, Business Continuity, Model Risk, Internal Control, and Technology Risk. It is charged with managing and overseeing the implementation of policies, standards, and procedures related to each of these areas across the Bank and its Subsidiaries. To fulfill these responsibilities, the Division maintains a specialized organizational structure composed of various units dedicated to the different risk areas under its oversight. Within this framework, the Operational Risk Management Department is responsible for ensuring the effective identification and management of operational risks, fostering a risk-aware culture focused on preventing financial losses, continuously improving process quality, and strengthening the Bank’s enterprise-wide risk management framework. These efforts are aligned with Basel III regulatory requirements and the Bank’s strategic business objectives.

Likewise, 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.

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47.

Risk Management and Report, continued:

Also within its structure is the Model Risk and Internal Control, which is responsible for managing risks associated with models and processes. To carry out these responsibilities, it relies on model validation, model risk management, and internal control functions. In this capacity, it performs independent reviews of models, assessing data quality, modeling techniques, compliance with regulatory requirements, their integration within the organization, and the adequacy of supporting documentation. In addition, it monitors each stage of the model lifecycle within its scope, with the ultimate objective of establishing mechanisms that enable the measurement and management of the level of model risk to which the Bank is exposed.

Furthermore, it is responsible for conducting an independent assessment of the internal control environment. To this end, it employs procedures based on the COSO 2013 Framework (Committee of Sponsoring Organizations of the Treadway Commission), which comprises five components: control environment, risk assessment, control activities, information and communication, and monitoring activities. These efforts support compliance with both local and international regulatory requirements, including the updated compilation of regulations issued by the Financial Market Commission (CMF) and Section 404 of the Sarbanes-Oxley Act, respectively.

With respect to Technology Risk, the Operational Risk and Global Control Division is responsible for managing technology risk, information security risk, and cybersecurity risk, taking into consideration the threats, vulnerabilities, and scenarios that could compromise the Bank’s services and processes. This responsibility is carried out through the identification, assessment, monitoring, and reporting of risk exposures, including the estimation of the likelihood and potential impact of risk events. These activities strengthen the internal control framework, promote the implementation of risk treatment measures, and contribute to operational resilience, regulatory compliance, and the protection of information with respect to its confidentiality, integrity, and availability across the various areas of work.

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 Threat and Cybersecurity 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 the associated results, and the 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 Bank, and that these are reflected in its own policies and procedures.

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47.

Risk Management and Report, continued:

(ii) Credit Committees

The credit approval process is performed mainly through several credit committees, which are composed of qualified professionals and with the sufficient powers to make the decisions required.

Each committee defines the terms and conditions under which the Bank accepts counterparty risks, and the Credit Risk Division participates independently and autonomously of the commercial areas. They are constituted according to the commercial segments and the amounts be approved and have different meeting periodicities.

Within the Bank´s risk management structure, the maximum approval instance is the Director´s Credit Committee. 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 of Directors to Management.

(iii) Portfolio Risk Committee

Among other duties, 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 allowances 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 confirms the approvals of management models and methodologies Also, this committee is responsible for reviewing and ratifying the approvals of management models and methodologies previously conducted 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.

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47.

Risk Management 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 perform 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 confirmation; for regulatory models, this Committee is limited to its 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.

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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 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 Management and reports its findings and recommendations to the Board of Directors through the Audit Committee.

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47.

Risk Management and Report, continued:

(c)

Measurement Methodology

Regarding Credit Risk, loan loss provision and write offs are the fundamental metrics of the credit quality of our portfolio.

Banco de Chile permanently evaluates its loan portfolio, timely recognizing its risks The Bank has a set of 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.

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.

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47.

Risk Management 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.

During May 2026, the Bank established additional loan loss allowances, taking into consideration various forward-looking analyses, economic cycle expectations, and local macroeconomic projections, as the key factors.

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 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.

163

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47.

Risk Management and Report, continued:

(2)

Credit Risk:

Credit risk considers the likelihood that the counterparty in the credit operation will not be able to fulfill its contractual obligation due to 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. It 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.

The Bank has the development of climate change risk heat maps, addressing both Physical Risks at the level of the country’s geographic zones and Transition Risks at the level of economic sectors. Likewise, within the framework of the regulatory provisions set forth in General rule NCG 519, the Bank is making progress across various areas in preparation for its forthcoming entry into force.

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47.

Risk Management and Report, continued:

Credit policies and processes materialize in the following management principles, which are addressed with a specialized approach according to the characteristics of the different markets and segments to which services are provided, recognizing the singularities of each one of them:

Apply a rigorous evaluation in the admission process, based on established credit policies, standards and procedures, together with the availability of sufficient and accurate information. Accordingly, the Bank needs to analyze the generation of flows and solvency of the customer to meet its payment commitments and, when the characteristics of the operation merit it, must constitute adequate guarantees must be constituted that allow mitigating the risk assumed with the customer.

Have permanent and robust portfolio tracking processes, through procedures and systems that alert both the potential indications of impairment of clients, with respect to the conditions of origin, and also the possible business opportunities with those that present a better payments quality and behavior.

Develop credit risk modeling guidelines, in regulatory aspects and management, for efficient decision-making at different stages of the credit process.

Have a collection structure with timely, agile and effective processes that allow management to be performed in accordance with the different types of customers and the types of breaches that arise, always in strict adherence to the regulatory framework and the Bank’s reputational definitions.

Maintain an efficient administration in the organization of teams, tools and availability of information that allow the Bank to have optimal credit risk management.

Based on these management principles, the Credit Risk Division contributes to the business and anticipates threats that may affect the solvency and quality of the portfolio, delivering timely responses to customers, maintaining the solid foundations 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 performed mainly through a risk evaluation that uses scoring tools and credit attribution to approve each transaction. 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 customers. These consist of mass evaluation of customers through statistical models of eligibility and payment capacity, generating credit offers aligned with the strategies defined. This results in having preapproved loan offers available through multiple channels taking into consideration the business plan and the relation between risk and return.

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47.

Risk Management and Report, continued:

Also, for the Wholesale segments, the management of admission is conducted through an individual analysis of the customers, 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 position with an emphasis 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 aforementioned evaluation is supported by a rating model allows higher uniformity in the analysis of the customer and its 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 transactions having certain tools designed to meet the needs of the specific characteristics of the businesses and their related risks.

(b)

Follow Up:

From granting a loan until its full extinction, it is necessary to have a follow up of the behavior and financial position of the debtor with an emphasis on its payment capacity, as the situation of the customer and associated risk change over time. Portfolio monitoring allows the bank to act proactively if indications of overall impairment are noted or if the debtor’s ability to meet its obligations is affected.

In the follow up function, methodologies and tools for the different segments in which the bank operates, have been developed, which allow 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 significant information for the decision making process in different instances defined. In addition, special follow ups are generated according to the significant events in the environment.

In the wholesale segments, a permanent follow up is performed through management tools at individual level taking into consideration the business segments, and economic sectors. Through this process the alarms are generated that guarantee the proper and timely recognition of the risk in the individual portfolio. The specific and the special conditions established in the admission stage are monitored, including financial covenants, coverage of certain guarantees and conditions imposed at the time of the approval.

Additionally, in the Admission area, simultaneous follow up tasks are perform that allow the Bank to monitor the evolution of the transactions from the beginning until recovery, with the purpose of making sure that the portfolio´s risks are properly and timely, and proactively managing the cases posing higher risks.

(c)

Recovery or 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, customers with temporary cash flow problems are favored, debt normalization plans are proposed for viable customers, 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 conducted, 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 customers with payment intentions, maintaining an adequate risk-return ratio, along with the incorporation of robust tools for differentiated collection management.

In the wholesale segments, when detecting customers that show indications of impairment or default of any type or condition, the commercial area to which the client belongs, together with the Credit Risk Division, establish action plans for their regularization. For cases of higher 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.

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47.

Risk Management and Report, continued:

(d)

Portfolio Concentration:

The maximum exposure to credit risk, by customer or counterparty, without taking into account guarantees or other credit enhancements as of June 30, 2026 and December 31, 2025, does not exceed 10% of the Bank’s effective equity.

The following tables show credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector as of June 30, 2026:

	Chile		United States		England		Brazil		Others		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Financial Assets

Cash and deposits in banks		985,549		375,096		21,304		9		76,227		1,458,185

Financial assets held for trading at fair value through profit or loss:

Derivative contracts financial
Forwards (*)		209,632		—		94,648		—		40,440		344,720
Swaps (**)		672,419		46,095		671,263		—		115,702		1,505,479
Call Options		2,298		—		—		—		—		2,298
Put Options		460		—		—		—		—		460
Futures		—		—		—		—		—		—
Subtotal		884,809		46,095		765,911		—		156,142		1,852,957

Debt Financial Instruments
From the Chilean Government and Central Bank		2,725,946		—		—		—		—		2,725,946
Other debt financial instruments issued in Chile		144,118		—		—		—		—		144,118
Financial debt instruments issued Abroad		—		27,703		—		—		—		27,703
Subtotal		2,870,064		27,703		—		—		—		2,897,767

Other Financial Instruments
Investments in mutual funds		425,352		—		—		—		—		425,352
Equity instruments		2,573		—		—		—		—		2,573
Others		991		789		—		—		—		1,780
Subtotal		428,916		789		—		—		—		429,705

Financial Assets at fair value through other comprehensive income:

Debt Financial Instruments
From the Chilean Government and Central Bank		2,181,078		—		—		—		—		2,181,078
Other debt financial instruments issued in Chile		2,256,770		—		—		—		—		2,256,770
Financial debt instruments issued Abroad		—		87,734		—		—		—		87,734
Subtotal		4,437,848		87,734		—		—		—		4,525,582

Derivative financial instruments for hedging purposes
Forwards		—		—		—		—		—		—
Swaps		—		6,906		19,985		—		451		27,342
Call Options		—		—		—		—		—		—
Put Options		—		—		—		—		—		—
Futures		—		—		—		—		—		—
Subtotal		—		6,906		19,985		—		451		27,342

Financial assets at amortized cost:
Rights by resale agreements		86,263		—		—		—		—		86,263

Debt Financial Instruments
From the Chilean Government and Central Bank		455,380		—		—		—		—		455,380
Subtotal		455,380		—		—		—		—		455,380

Loans to Banks
Central Bank of Chile		450,000		—		—		—		—		450,000
Domestic banks		200,000		—		—		—		—		200,000
Foreign Banks (***)		—		—		—		161,997		187,540		349,537
Subtotal		650,000		—		—		161,997		187,540		999,537

Loans to Customers
Commercial loans		20,486,866		—		—		—		2,584		20,489,450
Residential mortgage loans		14,179,918		—		—		—		—		14,179,918
Consumer loans		5,604,853		—		—		—		—		5,604,853
Subtotal		40,271,637		—		—		—		2,584		40,274,221

(*)	Others includes: France of Ch$28,239 million, Switzerland of Ch$2,848 million, Spain of Ch$9,176 million and Belgium of Ch$177 million.
(**)	Others includes: France of Ch$47,753 million, Spain of Ch$18,725 million and Canada of Ch$49,224 million.
(***)	Others includes: China of Ch$46,858 million, South Korea of Ch$56,279 million, Switzerland of Ch$35,279, Singapore of Ch$13,109 million, India of Ch$35,846 million and Hong Kong of Ch$169 million.

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47.

Risk Management and Report, continued:

	Central Bank of Chile		Government		Retail (Individuals)		Financial Services		Trade		Manufacturing		Mining		Electricity, Gas and Water		Agriculture 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 and deposits in banks		144,271		—		—		1,313,914		—		—		—		—		—		—		—		—		—		—		1,458,185

Financial Assets held for trading at fair value through profit or loss:
Derivative contracts Financial
Forwards		—		—		—		321,165		3,129		2,556		322		45		1,216		—		2,142		334		13,811		—		344,720
Swaps		—		—		—		1,430,834		1,046		2,807		—		15,521		2,100		—		31,116		2,271		19,784		—		1,505,479
Call Options		—		—		—		375		399		763		—		—		405		—		114		—		242		—		2,298
Put Options		—		—		—		27		389		15		—		—		—		—		—		—		29		—		460
Futures		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Subtotal		—		—		—		1,752,401		4,963		6,141		322		15,566		3,721		—		33,372		2,605		33,866		—		1,852,957

Debt Financial Instruments
From the Chilean Government and Central Bank		2,051,763		674,183		—		—		—		—		—		—		—		—		—		—		—		—		2,725,946
Other debt financial instruments issued in Chile		—		—		—		144,118		—		—		—		—		—		—		—		—		—		—		144,118
Financial debt instruments issued Abroad		—		27,703		—		—		—		—		—		—		—		—		—		—		—		—		27,703
Subtotal		2,051,763		701,886		—		144,118		—		—		—		—		—		—		—		—		—		—		2,897,767

Other Financial Instruments
Investments in mutual funds		—		—		—		425,352		—		—		—		—		—		—		—		—		—		—		425,352
Equity instruments		—		—		—		2,573		—		—		—		—		—		—		—		—		—		—		2,573
Others		—		—		—		1,780		—		—		—		—		—		—		—		—		—		—		1,780
Subtotal		—		—		—		429,705		—		—		—		—		—		—		—		—		—		—		429,705

Financial Assets at fair value through Other Comprehensive Income
Debt Financial Instruments
From the Chilean Government and Central Bank		—		2,181,078		—		—		—		—		—		—		—		—		—		—		—		—		2,181,078
Other debt financial instruments issued in Chile		—		—		—		2,165,367		—		—		—		12,061		—		—		—		—		79,342		—		2,256,770
Financial debt instruments issued Abroad		—		—		—		87,734		—		—		—		—		—		—		—		—		—		—		87,734
Subtotal		—		2,181,078		—		2,253,101		—		—		—		12,061		—		—		—		—		79,342		—		4,525,582

Derivative financial instruments for hedging purposes
Forwards		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Swaps		—		—		—		27,342		—		—		—		—		—		—		—		—		—		—		27,342
Call Options		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Put Options		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Futures		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Subtotal		—		—		—		27,342		—		—		—		—		—		—		—		—		—		—		27,342

Financial assets at amortized cost (*)
Rights by resale agreements		—		—		—		82,608		—		—		—		—		—		—		—		—		3,655		—		86,263

Debt financial instruments
From the Chilean Government and Central Bank		—		455,380		—		—		—		—		—		—		—		—		—		—		—		—		455,380
Subtotal		—		455,380		—		—		—		—		—		—		—		—		—		—		—		—		455,380

Loans to Banks
Central Bank of Chile		450,000		—		—		—		—		—		—		—		—		—		—		—		—		—		450,000
Domestic banks		—		—		—		200,000		—		—		—		—		—		—		—		—		—		—		200,000
Foreign banks		—		—		—		349,537		—		—		—		—		—		—		—		—		—		—		349,537
Subtotal		450,000		—		—		549,537		—		—		—		—		—		—		—		—		—		—		999,537

(*)	Economic activity of Loans to customers disclosed in Note 13 letter (g).

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47.

Risk Management and Report, continued:

The following tables show credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector as of December 31, 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

Derivative financial instruments for hedging purposes
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 by resale 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
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 includes: France of Ch$70,734 million, Switzerland of Ch$4,917million.

(**)	Others includes: France of Ch$38,116 million, Spain of Ch$26,711 million and Canada of Ch$46,840 million.

(***)

Others includes: China of Ch$122,586 million, South Korea of Ch$6,794, Peru of Ch$473 million, Netherlands of Ch$36,303 million, Singapore of Ch$21,658 million and India of Ch$2,557 million.

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NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

	Central Bank of Chile		Government		Retail (Individuals)		Financial Services		Trade		Manufacturing		Mining		Electricity, Gas and Water		Agriculture 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 and deposits in banks		1,347,525		—		—		1,243,461		—		—		—		—		—		—		—		—		—		—		2,590,986

Financial Assets held for trading at fair value through profit or loss:
Derivative 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 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 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 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

Derivative financial instruments for hedging purposes
Forwards		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Swaps		—		—		—		29,714		—		—		—		—		—		—		—		—		—		—		29,714
Call Options		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Put Options		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Futures		—		—		—		—		—		—		—		—		—		—		—		—		—		—		—
Subtotal		—		—		—		29,714		—		—		—		—		—		—		—		—		—		—		29,714

Financial assets at amortized cost (*)
Rights by resale agreements		—		—		—		98,266		—		—		—		—		—		—		—		—		2,377		—		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		—		—		—		399,792		—		—		—		—		—		—		—		—		—		—		399,792
Subtotal		—		—		—		399,792		—		—		—		—		—		—		—		—		—		—		399,792

(*)	Economic activity of Loans to customers disclosed in Note 13 letter (g).

170

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(e)

Collateral and Other Credit Enhancements:

The amount and type of collateral required depends on the counterparty’s credit risk assessment.

The Bank has guidelines regarding the acceptability of types of collateral and valuation parameters.

The main types of collateral obtained are:

●

For commercial loans: Residential and non-residential real estate, liens and inventory.

●

For consumer loans and residential mortgage loans for housing: 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 in accordance with to both external standards and internal policies guidelines and parameters. The Bank has approximately 256,538 collateral constituted as of June 30, 2026 (255,927 in December 2025), the majority of which consist of real estate. The following table contains guarantees value:

			Guarantee
June 2026	Loans		Mortgages		Pledges		Securities		Warrants		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Corporate Lending		15,593,371		4,037,890		131,132		470,008		4,139		4,643,169
Small Business Lending		4,896,079		3,542,472		13,374		11,980		—		3,567,826
Consumer Lending		5,604,853		381,628		439		2,183		—		384,250
Mortgage Lending		14,179,918		13,071,470		112		—		—		13,071,582
Total		40,274,221		21,033,460		145,057		484,171		4,139		21,666,827

			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

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

●

Accelerating transactions and net payment using market values at the date of default of one of the parties.

●

Option for both parties to terminate early any transactions with a counterparty at a given date, using market values as of the respective date.

Margins established with time deposits by customers who have FX forwards with the subsidiary Banchile Corredores de Bolsa S.A.

171

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(e)

Collateral and Other Credit Enhancements, continued:

The value of the guarantees that the Bank holds related to the loans individually classified as impaired as of June 30, 2026 and December 31, 2025 amounted Ch$219,797 million and Ch$190,093 million, respectively.

The value guarantees related to past due loans but no impaired as of June 30, 2026 and December 31, 2025 amounted Ch$537,932 million and Ch$545,626 million respectively.

(f)

Credit Quality by Asset Class:

The Bank determines the credit quality of financial assets using internal credit ratings. The rating process is linked to the Bank’s approval and monitoring processes and is performedin accordance with risk categories established by current standards. Credit quality is continuously updated based on any favorable or unfavorable developments for customers or their environments, considering aspects such as commercial and payment behavior as well as financial information.

The Bank also conducts reviews focused on companies that are involved 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 possible non-recoverability of the loans 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$

June 2026		945,417		247,904		89,011		—
December 2025		875,016		233,505		75,726		—

(*)	These amounts include the overdue portion and the remaining balance of loans in default.

(g)

Assets Received in Lieu of Payment:

The Bank has received assets in lieu of payment totaling Ch$28,057 million and Ch$24,625 million as of June 30, 2026 and December 31, 2025, respectively, the majority of which are properties. All these assets are managed for sale.

172

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(h)

Renegotiated Assets:

The loans are presented as renegotiated in the statement of financial position correspond to those in which the related financial commitments have been restructured and the Bank assesses the probability of recovery as sufficiently high.

The table below provides the detail of the carrying amounts of loans with renegotiated terms by financial asset class:

	June		December
Financial Assets	2026		2025
	MCh$		MCh$
Loans to Banks
Central Bank of Chile		—		—
Domestic banks		—		—
Foreign banks		—		—
Subtotal		—		—

Loans to customers, net
Commercial loans		482,331		504,756
Residential mortgage loans		338,335		322,610
Consumer loans		379,040		365,996
Subtotal		1,199,706		1,193,362
Total renegotiated financial assets		1,199,706		1,193,362

(i)

Compliance with credit limits granted to related debtors:

Below are detailed the figures for compliance with the credit limit granted to debtors related to the ownership or management of the Bank and subsidiaries, in accordance with the Article 84 No. 2 of the General Banking Law, which establishes that in no case the total of these credits may exceed the amount of its Total or Regulatory Capital:

	June			December
	2026			2025
	MCh$			MCh$

Total related debt		599,209			571,097
Consolidated Total or Regulatory Capital		7,038,136			7,115,175
Limit used %		8.51	%		8.03	%

173

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk:

Market Risk refers to the loss that the Bank could face due to a liquidity shortage to make 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 proper management, the guidelines of the Liquidity Risk Management Policy and the Market Risk Management Policy are considered, both are subject to review, by the Market Risk Manager and approval by the Bank’s Board of Directors, at least annually.

Liquidity Risk:

Liquidity Risk Measurement and Limits

The Bank manages the Liquidity Risk in accordance with the established on the Liquidity Risk Management Policy, managing separately for each sub-category thereof; this is for Trading Liquidity Risk and Funding Liquidity Risk.

Trading Liquidity Risk is the inability to close, at current market prices, the financial positions opened mainly from the Trading Book (which is daily valued at market prices and the value differences instantly reflected in the Statement of Income). This risk is controlled by establishing limits on the positions amounts of the Trading Book in accordance with that is estimated to be closed in a short time period. Additionally, the Bank incorporates a negative impact on the Statement of Income whenever it believes 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 significant currencies in the balance sheet, to face a cash need as a result of the transaction under business as usual conditions.

174

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(a)

Liquidity Risk, continued:

The use of June within 2026 is shown below (LCCY = local currency; FCCY = foreign currency):

	MAR LCCY + FCCY BCh$				MAR FCCY MUS$
	1 - 30 days		1 - 90 days			1 - 30 days

Maximum		2,738		4,810	Maximum		1,881
Minimum		684		3,026	Minimum		273
Average		1,659		3,951	Average		1,131

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 year 2026 is illustrated below:

	Cross Currency Funding
	MUS$

Maximum		4,384
Minimum		2,573
Average		3,368

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 2026 are shown below:

	Funding Financial Counterparties/ Assets			Deposits/ Loans

Maximum		39	%		65	%
Minimum		37	%		61	%
Average		38	%		63	%

175

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(a)

Liquidity Risk, continued:

Additionally, certain market index, prices and monetary decisions made 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 requires the regular performance of 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 Bank´s liquidity risk appetite.

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 2026 are shown illustrated below:

	Adjusted C46 CCY and FCCY as part of Basic Capital						Adjusted C46 FCCY as part of Basic Capital
	1 - 30 days			1 - 90 days			1 - 30 days

Maximum		0.14			0.07			0.41
Minimum		(0.22	)		(0.11	)		0.16
Average		(0.02	)		(0.05	)		0.29
Regulatory Limit		N/A			N/A			1.0

176

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(a)

Liquidity Risk, continued:

The individual and consolidated term liquidity gap are presented below:

QUARTERLY STATEMENT OF INDIVIDUAL LIQUIDITY SITUATION

AS OF JUNE 30, 2026 CONTRACTUAL BASIS

Amounts 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		8,119,970		12,203,644		13,647,427		16,888,286
Cash flow payable (liabilities) and expenses		20,516,088		22,802,747		26,133,093		30,312,443
Liquidity Gap		12,396,118		10,599,103		12,485,666		13,424,157

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		788,713		998,635		967,513		1,060,328
Cash flow payable (liabilities) and expenses		2,478,553		2,848,921		3,396,954		4,343,482
Liquidity Gap		1,689,840		1,850,286		2,429,441		3,283,154

Limits:
One time capital						5,536,077
AVAILABLE MARGIN (*)						3,106,636

*	In the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$3,106,636,844,051.

QUARTERLY STATEMENT OF INDIVIDUAL LIQUIDITY SITUATION

AS OF JUNE 30, 2026 ADJUSTED BASIS

Amounts 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		7,695,990		11,391,535			12,208,376		14,355,418
Cash flow payable (liabilities) and expenses		9,955,284		10,843,786			12,220,644		14,948,078
Liquidity Gap		2,259,294		(547,749	)		12,268		592,660

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		648,974		784,970		546,689		329,253
Cash flow payable (liabilities) and expenses		1,544,036		1,838,209		2,257,906		3,114,656
Liquidity Gap		895,062		1,053,239		1,711,217		2,785,403

Limits:
One time capital						5,536,077
AVAILABLE MARGIN (*)						3,824,860

*	In the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$3,824,859,987,942.

177

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(a)

Liquidity Risk, continued:

QUARTERLY STATEMENT OF CONSOLIDATED LIQUIDITY SITUATION

AS OF JUNE 30, 2026 CONTRACTUAL BASIS

Amounts 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		9,278,442		13,368,795		14,818,481		18,077,876
Cash flow payable (liabilities) and expenses		21,482,965		23,771,571		27,110,443		31,289,857
Liquidity Gap		12,204,523		10,402,776		12,291,962		13,211,981

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		765,268		789,704		999,626		1,108,429
Cash flow payable (liabilities) and expenses		2,349,865		2,479,480		2,849,848		3,925,293
Liquidity Gap		1,584,597		1,689,776		1,850,222		2,816,864

Limits:
One time capital						5,536,077
AVAILABLE MARGIN (*)						3,685,855

*	In the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$3,685,854,879,792.

QUARTERLY STATEMENT OF CONSOLIDATED LIQUIDITY SITUATION

AS OF JUNE 30, 2026 ADJUSTED BASIS

Amounts 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		8,854,462		12,556,686			13,379,429			15,545,007
Cash flow payable (liabilities) and expenses		10,922,162		11,812,610			13,197,994			15,925,492
Liquidity Gap		2,067,700		(744,076	)		(181,435	)		380,485

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		649,965		785,961		547,680		330,244
Cash flow payable (liabilities) and expenses		1,544,964		1,839,137		2,258,834		3,115,647
Liquidity Gap		894,999		1,053,176		1,711,154		2,785,403

Limits:
One time capital						5,536,077
AVAILABLE MARGIN (*)						3,824,923

*	In the limit up to 30 days, in foreign currency, the Bank has an available margin of Ch$3,824,923,217,763.

178

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(a)

Liquidity Risk, continued:

Liquid Assets Consolidated Balance Statement as of June 30, 2026, values in BCh$

Source: Financial Statements Banco de Chile as of June 30, 2026

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 both LCR and NSFR indicators, the minimum level required is 1 time (100%), evolution of the LCR and NSFR metrics during the year 2026 are shown below:

	LCR		NSFR

Maximum		2.85		1.20
Minimum		1.65		1.18
Average		2.07		1.19
Regulatory Limit		1.00		1.00

179

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(a)

Liquidity Risk, continued:

The contractual maturity profile of the financial liabilities of Banco de Chile and its subsidiaries (consolidated basis), as of June 2026 and December 2025, is as follows:

	Up to 1 month		1 to 3 months		3 to 12 months		1 to 3 years		3 to 5 years		Over 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of June 30, 2026
Transactions in the course of payment		604,702		—		—		—		—		—		604,702
Full delivery derivative transactions		607,071		635,909		816,555		1,187,369		1,434,470		1,033,019		5,714,393
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,499,452		—		—		—		—		—		14,499,452
Time deposits and saving accounts		9,375,554		3,226,105		2,728,326		49,724		964		764		15,381,437
Obligations by repurchase agreements		140,577		—		—		—		—		—		140,577
Borrowings from financial institutions		15,294		196,104		837,056		160,116		—		—		1,208,570
Debt financial instruments issued (all currencies)		310,483		551,022		1,317,978		2,895,721		1,848,093		5,920,085		12,843,382
Other financial obligations		366,387		—		—		—		—		—		366,387
Regulatory capital financial instruments (subordinated bonds)		3,336		—		44,183		95,039		88,366		1,160,925		1,391,849
Total (excluding non-delivery derivative transactions)		25,922,856		4,609,140		5,744,098		4,387,969		3,371,893		8,114,793		52,150,749

Non-delivery derivative transactions		481,231		318,327		1,204,851		1,357,367		1,053,836		2,257,707		6,673,319

	Up to 1 month		1 to 3 months		3 to 12 months		1 to 3 years		3 to 5 years		Over 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of December 31, 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 by 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

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47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(b)

Price Risk:

The Price Risk measurement and management processes are carried out in accordance with the established on the Market Risk Management Policy, by using internal metrics developed by the Bank, both for the Trading Book and for the Banking Book (the Banking Book includes all balance sheet items, including those in the Trading Book but in such case these are reported at an interest rate adjustment term of one day, thus not generating accrual interest rate risk). In addition, the portfolio recorded under the Fair Value Through Other Comprehensive Income (hereinafter 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 of Directors 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 2026 is shown below:

	Value-at-Risk 99% one-day confidence level
	MCh$

Maximum		2,189
Minimum		761
Average		1,359

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 adjustment dates. Exposures are measured according to the Interest Rate Exposure or IRE metric and their related 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, fully or partially, their debt before maturity. For such purposes, 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.

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47.

Risk Management and Report, continued:

(3)

Market Risk, continued:

(b)

Price Risk, continued:

The use of EaR within the year 2026 is shown below:

	12- months Earnings-at-Risk 99% confidence level 3 months closing period
	MCh$

Maximum		175,754
Minimum		146,344
Average		161,556

The regulatory risk measurement for the Trading Book (Market Risk Weighted Assets report or MRWA) is prepared using guidelines provided by the Central Bank of Chile (hereinafter, “BCCh”) and the CMF. The aforementioned 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 per its Spanish acronym), 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 required the performance ofdaily 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.

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Market Risk, continued:

(b)

Price Risk, continued:

	Up to 1 month		1 to 3 months		3 to 12 months		1 to 3 years		3 to 5 years		Over 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Assets as of June 30, 2026
Cash and deposits in banks		1,433,091		—		—		—		—		—		1,433,091
Transactions in the course of collection		360,593		—		—		—		—		—		360,593
Financial assets at fair value through other comprehensive income:
Debt financial instruments		303,546		710,360		2,220,317		753,699		269,203		268,408		4,525,533
Derivative financial instruments for hedging purposes		3,986		14,014		222,760		387,677		294,767		1,060,212		1,983,416
Financial assets at amortized cost:
Rights by resale agreements		—		—		—		—		—		—		—
Debt financial instruments		—		5,484		7,889		162,365		319,052		—		494,790
Loans to Banks		828,718		8,896		169,110		—		—		—		1,006,724
Loans to customers, net		5,773,751		2,835,636		7,827,467		9,309,905		6,052,252		16,308,302		48,107,313
Total Assets		8,703,685		3,574,390		10,447,543		10,613,646		6,935,274		17,636,922		57,911,460

	Up to 1 month		1 to 3 months		3 to 12 months		1 to 3 years		3 to 5 years		Over 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Assets as of December 31, 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
Derivative financial instruments for hedging purposes		1,530		7,885		40,255		564,015		298,745		1,057,656		1,970,086
Financial assets at amortized cost:
Rights by resale 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

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Risk Management and Report, continued:

(3)

Market Risk, continued:

(b)

Price Risk, continued:

	Up to 1 month		1 to 3 months		3 to 12 months		1 to 3 years		3 to 5 years		Over 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of June 30, 2026
Transactions in the course of payment		583,705		—		—		—		—		—		583,705
Derivative financial instruments for hedging purposes		5,914		7,278		210,402		357,349		352,535		1,530,461		2,463,939
Financial liabilities at amortized cost:
Current accounts and other demand deposits		14,517,705		—		—		—		—		—		14,517,705
Time deposits and saving accounts		9,375,554		3,226,105		2,728,326		49,724		964		764		15,381,437
Obligations by repurchase agreements		14,689		—		—		—		—		—		14,689
Borrowings from financial institutions		15,294		196,104		837,056		160,116		—		—		1,208,570
Debt financial instruments issued (*)		310,483		551,022		1,317,978		2,895,721		1,848,093		5,920,085		12,843,382
Other financial obligation		362,236		—		—		—		—		—		362,236
Regulatory capital financial instruments (subordinated bonds)		3,336		—		44,183		95,039		88,366		1,160,925		1,391,849
Total liabilities		25,188,916		3,980,509		5,137,945		3,557,949		2,289,958		8,612,235		48,767,512

	Up to 1 month		1 to 3 months		3 to 12 months		1 to 3 years		3 to 5 years		Over 5 years		Total
	MCh$		MCh$		MCh$		MCh$		MCh$		MCh$		MCh$
Liabilities as of December 31, 2025
Transactions in the course of payment		571,023		—		—		—		—		—		571,023
Derivative financial instruments for hedging purposes		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 by 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

(*)	Amounts shown here are different from those reported in the liabilities report, which is part of the liquidity analysis, due to differences in the treatment of mortgage bonds issued by the Bank in both reports.

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(3)

Market Risk, continued:

(b)

Price Risk, continued:

Price Risk Sensitivity Analysis

The Bank uses stress tests as the main sensitivity analysis tool for Price Risk. The analysis is implemented for the Trading Book, Banking Book and the 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 financial crisis shows market factors fluctuations that are materially larger than those used in the VaR with 99% of confidence level or EaR with 99% of confidence level.

(ii)

The financial crisis also shows that correlations between these fluctuations are materially different from those used in the VaR calculation, since a crisis precisely indicates severe disconnections between the behaviors of market factors fluctuations with respect to the patterns observed under normal conditions.

(iii)

Trading liquidity dramatically diminishes during financial distress and especially in emerging markets. Therefore, the overnight VaR number might not be representative of the loss for trading portfolios in such environment since closing exposures period may exceed one business day. This may also happen when calculating EaR, even considering three months as the closing period.

The impacts are determined through 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.

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(3)

Market Risk, continued:

(b)

Price 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. Because 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 sensitivity 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. Because of 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 related to those that generate the most adverse impact in the aggregate level.

Average Fluctuations of Market Factors for Maximum Stress Scenario Trading Book
	CLP Derivatives (bps)			CLP Bonds (bps)		CLF Derivatives (bps)			CLF Bonds (bps)		USD Offshore SOFR Derivatives (bps)		Spread USD On/Off Derivatives (bps)
Lower than 1 year		7			50		128			25		13		(136	)
Higher than 1 year		(10	)		128		(20	)		114		6		(53	)

bps = basis points.

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(b)

Price Risk, continued:

The worst impact on the Bank’s Trading Book as of June 30, 2026, as a result of the simulation process described above, is as follows:

Most Adverse Stress Scenario P&L Impact
Trading Book
(MCh$)
CLP Interest Rate	(14,350	)
Derivatives	(90	)
Debt instruments	(14,260	)
CLF Interest Rate	(13,924	)
Derivatives	(990	)
Debt instruments	(12,934	)
Interest rate US SOFR	(488	)
SOFR/CAM interest rate spread	(6,692	)

Total Interest rates	(35,454	)
Banking spread	—
Total FX and FX Options	507
Total	(34,947	)

The modeled scenario would generate losses in the Trading Book of Ch$34,947 million. Such fluctuations would not result in material losses compared to Basic Capital or to the P&L estimate for the next 12-months.

The impact on the Banking Book as of June 30, 2026, 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 Accrual Book (MCh$)
Impact by Base Interest Rate shocks	(234,033	)
Impact due to Spreads Shocks	(11,104	)
Higher / (Lower) Net revenues	(245,137	)

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Market Risk, continued:

(b)

Price Risk, continued:

The impact on the FVTOCI portfolio is detailed in the tables below. First there are the main fluctuation in the market factors, due to the scenarios provided for the stress test meltdown (more adverse), for this portfolio.

The signs of the variations below, correspond to the ones that generate the most adverse impact.

Average Fluctuations of Market Factors for Maximum Stress Scenario FVTOCI Portfolio
	CLP Bonds (bps)		CLF Bonds (bps)		USD Offshore SOFR Derivatives (bps)		Spread USD SOFR/CAM Derivatives (bps)
Lower than 1 year		176		192		14		1
Higher than 1 year		179		222		26		(6	)

bps = basis points

The worst impact on the Bank’s FVTOCI portfolio as of June 30, 2026, as a result of the simulation process described above, is as follows:

Most Adverse Stress Scenario P&L Impact
FVTOCI portfolio
(MCh$)
CLP Debt Instrument	(78,592	)
CLF Debt Instrument	(71,019	)
Interest rate US SOFR	(1,278	)
Banking spread	(4,564	)
Corporative spread	(103	)
Total	(155,556	)

The modeled for the FVTOCI Portfolio would generate potential impacts on equity accounts for Ch$155,556 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. the lowest potential earnings over the next 12 months in the banking book would occur under a scenario characterized by a sharp decline in inflation rates and a moderate decrease in nominal interest rates.

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(4)

Other Information 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
	June		December		June			December			June			December			June			December			June		December
	2026		2025		2026			2025			2026			2025			2026			2025			2026		2025
	MCh$		MCh$		MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$		MCh$

Derivative financial assets		1,880,299		1,899,181		(701,552	)		(715,643	)		(861,511	)		(839,686	)		(153,999	)		(172,966	)		163,237		170,886

Derivative financial liabilities		2,294,333		2,378,039		(701,552	)		(715,643	)		(861,511	)		(839,686	)		(415,948	)		(456,594	)		315,322		366,116

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(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 Operational Risk and Global Control Division administer the management of this risk, through the establishment of an Operational Risk Management. Likewise, the “Superior Committee for Operational Risk” and the “Committee for Operational Risk” supervise it.

The Operational Risk Policy defines a comprehensive management model based on four main processes that ensure an adequate control environment in the organization.

These processes are implemented in the different areas of Operational Risk action, using various management and control tools.

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(5)

Operational risk, continued:

The aforementioned processes correspond to:

1. Identification and Evaluation: At Banco de Chile, this process considers internal and external factors, which allows us to better understand operational risk, and thus allocate resources and define strategies efficiently and effectively.

The Bank promotes the use of methodologies and procedures with the objective of guaranteeing an adequate identification and evaluation of these risks, both inherent and residual. These are executed with a frequency that allows knowing the operational risks in a timely manner.

2. Control and Mitigation: Determination of acceptable risk levels and mitigation actions to be applied in case of deviation from these levels. This process aims to maintain risk at adequate levels.

Banco de Chile will execute a set of control and mitigation tools in the different areas of management, which will make it possible to alert deviations in exposure to operational risk, where mitigation measures will be evaluated to solve them.

3. Monitoring and Reporting: This process aims to guarantee the monitoring of the main risks and inform the different interested parties.

At Banco de Chile, monitoring and reporting will consider information related to the different areas of management. If necessary, the results of the monitoring activities will be included in the relevant government instances.

4. Operational Risk Culture: The Operational Risk Management plans operational risk culture programs, aimed at raising awareness and training Bank employees in risk identification, control effectiveness, and event detection in their normal operating activities, so that each collaborator contributes to reduce the occurrence of risk events and mitigate their impact on the business.

Additionally, the comprehensive management of Operational Risk considers the following areas:

	−	Fraud Management
	−	Process Assessment
	−	Testing of Controls
	−	Event Management
	−	Loss Base Management
	−	Profile and Risk Appetite Framework
	−	Execution of Stress Test Models for Operational Risk
	−	Supplier Management
	−	Management Self-Assessment Matrix
	−	Operational Risk Assessment for Projects
	−	Subsidiary Control

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(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 June 30, 2026 and 2025:

	June 2026							June 2025
Category	Lost gross		Recoveries			Lost net		Lost gross		Recoveries			Lost net
	MCh$		MCh$			MCh$		MCh$		MCh$			MCh$
Internal fraud		1		—			1		85		—			85
External fraud		14,451		(6,902	)		7,549		13,395		(6,787	)		6,608
Work practices and safety in the business position		653		(4	)		649		804		—			804
Customers, products and business practices		84		—			84		144		—			144
Damage to physical assets		117		(79	)		38		377		(14	)		363
Business interruption and system failures		163		—			163		293		(4	)		289
Execution, delivery and process management		1,582		(21	)		1,561		948		(57	)		891
Total		17,051		(7,006	)		10,045		16,046		(6,862	)		9,184

Technology Risk

The Bank’s objective is to manage technology risk, information security risk, and cybersecurity risk in order to safeguard the confidentiality, integrity, and availability of information. This is achieved through the identification, assessment, monitoring, and reporting of risk exposures, taking into account the likelihood of occurrence and the potential impact of events that could affect the achievement of business objectives. The key areas of risk management include:

Assessment of Information and Technology Assets within Processes, Regulatory Compliance, and Emerging Risks

Security Testing Assessments

Compliance with the SWIFT Customer Security Controls Framework (CSCF)

Assessment of Technology Projects and Changes

Assessment of Cyber Risk Exposure Related to Third-Party Providers

Risk Profile and Risk Appetite Framework

Subsidiary Alignment and Compliance Controls

Control of Technology Infrastructure Vulnerabilities

In addition, Technology Risk management enables the Bank to proactively address threats, vulnerabilities, and exposure scenarios that could affect its operations. To this end, the Bank applies a continuous assessment methodology to the technological components supporting its business, operational support, and strategic processes. This approach facilitates the identification of improvement opportunities, the implementation of mitigation measures, and the strengthening of the organization’s operational resilience.

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(5)

Operational risk, continued:

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.

The Cybersecurity Threat Management Department is responsible for identifying, analyzing, and anticipating threats that may affect the Corporation through its Cyber Intelligence, Cybersecurity Architecture, and Application Security capabilities. Its role is to generate actionable intelligence to support decision-making, define and implement security architectures and controls, and integrate security considerations throughout the design and development of solutions. In addition, the Department leads threat assessment, detection, and validation activities, as well as vulnerability identification efforts, proactively contributing to the strengthening of the Corporation’s resilience and the protection of its critical assets.

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.

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.

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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:

−

Document Management: It consists of carrying out methodological processes of updating the documentation that supports Business Continuity in operational and technological areas, with the aim of keeping the strategy implemented in the Bank up to date and in accordance with the guidelines of Business Continuity Management (BCM).

−

Business Continuity Tests: It refers to annually scheduled contingency simulations that address the five risk scenarios defined for the Bank (Failure in Technology Infrastructure, Failure in Physical Infrastructure, Massive Absence of Personnel, Failure in Critical Supplier Service and Cybersecurity). These test, allow to maintain constant training and integration of critical personnel operating the payment chain, under the defined contingency procedures that support the Bank’s critical products and services.

−

Crisis Management: Internal process of the Bank that maintains and trains the key executive roles associated with the Crisis Groups in conjunction with the main recovery strategies and structures defined in the BCM model. In this way, it constantly strengthens the different areas necessary for preparation, execution and monitoring, that will allow facing crisis events in the Bank.

−

Critical Supplier Management: This involves the management, control and testing of Business Continuity Plans implemented by the suppliers involved in the processing of critical products and services for the Bank, associated with the risk scenarios established in direct relation to the contracted service.

−

Alternative Site Management: It involves the ongoing management and monitoring of secondary physical locations for the Bank’s critical 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 and maintain the operational and technological capabilities of the alternate sites, reducing recovery times and ensuring effective activation whenever required.

−

Relations with subsidiaries and External Entities: It consists of the permanent control, management and leveling on the compliance of Subsidiaries under the methodology and strategic lines established by the Bank in crisis environments and Business Continuity Management. It also includes the global management with the requirements of internal and external regulators.

−

Continuous Improvement: considers the application of processes, automation and the adaptation of resources used in the internal processes of the Business Continuity Model, with the objective of improving response in the delivery and analysis of information in contingencies, strengthening the managed processes of the BCM.

−

Training: It includes the development and implementation of processes and training activities under different learning methodologies to strengthen and empower employees on the areas of the Business Continuity Model.

−

Cybersecurity Control: Design and implement independent controls by monitoring the tasks carried out by the organizational units responsible for 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.

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NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

48.	Information on Regulatory Capital and Capital Adequacy Ratios:

Requirements and Capital Management:

The main objectives of the Bank’s capital management are to ensure the adequacy and quality of its capital, at a consolidated level, based on the adequate management of the risks it faces in its operations, establishing sufficient capital levels, through the definition of internal objectives, that supports both the business strategy in both normal and stress scenarios in the short and medium term, thus ensuring compliance with regulatory requirements, coverage of its material risks, a sound credit classification and the generation of adequate capital headroom. During 2026, the Bank has met the required capital requirements and its internal adequacy objectives.

As part of its Capital Management Policy, the Bank has established capital adequacy 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 2026, none of the internal alerts defined by the Bank were activated as part of the Capital Risk Appetite Framework. In this sense, the Bank manages capital based on its strategic objectives, its risk profile and its ability to generate cash flows, as well as the economic and business context in which it operates. If it requires strengthening its capital structure, the Bank may, among other options, propose to its shareholders meeting modifications to the dividend payment ratio, as well as issue basic capital, additional tier 1 capital or tier 2 capital instruments.

Capital Requirements

In accordance with the General Banking Law, the effective equity of a bank may not be less than 8% of its risk-weighted assets (RWA), net of required provisions. Additionally, it establishes that the Basic Capital may not be less than 4.5% of its RWA 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, the requirements establishthat 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 17, 2025 the CMF communicated that, as a result of the supervisory process, it decided to maintain the additional capital requirement for Pillar 2 effectiveon that date for the equivalent to 0.13% of the RWA, 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 March 27, 2026, 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 RWA 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.

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48.

Information on Regulatory Capital and Capital Adequacy Ratios, continued:

Information on regulatory capital and capital adequacy indicators is presented below:

Item No.	Total assets, risk-weighted assets and components of the effective equity according to Basel III Item description	Note	Local and Overall consolidated June 30, 2026		Local and Overall consolidated December 31, 2025
			MCh$		MCh$

1	Total assets as per to the statement of financial position			55,236,682		54,100,903
2	Non-consolidated investment in subsidiaries	a		—		—
3	Assets discounted from regulatory capital, other than item 2	b		2,085,608		2,069,627
4	Derivative credit equivalents	c		1,221,583		1,070,598
5	Contingent loans	d		3,203,554		3,110,749
6	Assets generated by the intermediation of financial instruments	e		—		—
7	= (1-2-3+4+5-6) Total assets for regulatory purposes			57,576,211		56,212,623
8.a	Credit risk weighted assets, estimated according to the standard methodology (CRWA)	f		33,868,511		33,093,851
8.b	Credit risk weighted assets, estimated according to internal methodologies (CRWA)	f		—		—
9	Market risk weighted assets (MRWA)	h		1,822,915		1,712,039
10	Operational risk weighted assets (ORWA)	g		4,214,782		4,112,856
11.a	= (8.a/8.b+9+10) Risk-weighted assets (RWA)			39,906,208		38,918,746
11.b	= (8.a/8.b+9+10) Risk-weighted assets, after application of the output floor (RWA)			39,906,208		38,918,746
12	Owner’s equity			5,717,465		5,799,534
13	Non-controlling interest	i		2		1
14	Goodwill	j		—		—
15	Excess minority investments	k		—		—
16	= (12+13-14-15) Core Tier 1 Capital (CET1)			5,717,467		5,799,535
17	Additional deductions to core tier 1 capital, other than item 2	l		181,390		155,410
18	= (16-17-2) Core Tier 1 Capital (CET1)			5,536,077		5,644,125
19	Voluntary (additional) provisions 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 on AT1	l		—		—
24	= (19+20+21+22-23) Additional Tier 1 Capital (AT1)			—		—
25	= (18+24) Tier 1 Capital			5,536,077		5,644,125
26	Voluntary provisions (additional) imputed as Tier 2 capital (T2)	n		423,356		413,673
27	Subordinated bonds imputed as Tier 2 capital (T2)	n		1,078,703		1,057,377
28	= (26+27) Equivalent tier 2 capital (T2)			1,502,059		1,471,050
29	Discounts applied to T2	l		—		—
30	= (28-29) Tier 2 capital (T2)			1,502,059		1,471,050
31	= (25+30) Effective equity			7,038,136		7,115,175
32	Additional basic capital required for the constitution of the conservation buffer	o		997,655		972,969
33	Additional basic capital required to set up the countercyclical buffer	p		199,531		194,594
34	Additional basic capital required for banks qualified as systemic	q		498,828		486,484
35	Additional capital required for the evaluation of the adequacy of effective equity (Pillar 2)	r		—		37,946

a)	Relates to the value of the investment in subsidiaries that are not consolidated. Applies only in the local consolidation when the bank has foreign subsidiaries, subtracting totally its value in assets and CET1.

b)	Relates to the value of the asset items that are subtracted from the regulatory capital, in accordance with the paragraph(a) of title N°3 of chapter 21-30 of the RAN.

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48.

Information on Regulatory Capital and Capital Adequacy Ratios, continued:

c)	Relates to 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)	Relates to the contingent exposure according to the paragraph c) of the title N°3 of chapter 21-30 of the RAN.

e)	Relates to the intermediation of financial instrument assets in the name of the bank on behalf of third parties that are consolidated as established in the paragraph d) of the title N°3 of chapter 21-30 of the RAN.

f)	Relates to the estimated credit risk weighted assets according to the chapter 21-6 of RAN. If the bank does not have the authorization to apply internal methodologies, needs to inform the field 8.b as zero.

g)	Relates to the estimated market risk weighted assets according to the chapter 21-7 of the RAN.

h)	Relates to the estimated operational risk weighted assets according to the chapter 21-8 of the RAN.

i)	Relates to to the non-controlling interest, depending on the level of consolidation, up to 20% of the owners’ assets.

j)	Assets that correspond to goodwill.

k)	Relates to to the balances of investment assets in non-business support companies that do not participate in the consolidation, above 5% of the owners’ equity.

For CET1 and T2, banks must estimate the equivalent value for each tier of capital, as well as that obtained by fully applying Chapter 21-1 of the RAN. Then, the difference between the equivalent value and the fully applied value must be weighted by the discount factor in force on the reporting date according to the transitional provisions of Chapter 21-1 of the RAN and reported in this row. For of the AT1, discounts are applied directly if any

m)	Provisions and subordinated bonds allocated to additional tier 1 capital (AT1), as established in Chapter 21-2 of the RAN.

n)	Provisions and subordinated bonds allocated to the equivalent definition of tier 2 capital (T2), as established in Chapter 21-1 of the RAN.

o)	Relates to the additional basic capital (CET1) for the constitution of the conservation buffer, as established in Chapter 21-12 of the RAN.

p)	Relates to the additional basic capital (CET1) for the constitution of the countercyclical buffer, as established in Chapter 21-12 of the RAN.

q)	Relates to the additional basic capital (CET1) for banks qualified as systemic banks, as established in Chapter 21-11 of the RAN.

r)	Relates to the additional capital for the evaluation of the sufficiency of the effective equity (Pillar 2) of the bank, as established in Chapter 21-13 of the RAN.

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48.

Information on Regulatory Capital and Capital Adequacy Ratios, continued:

	Capital Adequacy Ratios and Regulatory Compliance according to Basel III		Local and Overall consolidated June 30, 2026			Local and Overall consolidated December 31, 2025
Item No.	Item description (*)	Note	%			%
1	Leverage Ratio (T1 I18/T1 I7)			9.62	%		10.04	%
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)			13.87	%		14.50	%
2.a	CET 1 Capital Ratio that the bank must meet, considering the minimum requirements	a		5.75	%		5.82	%
2.b	Capital buffer shortfall	b		—			—
3	Tier 1 Capital Ratio (T1 I25/T1 I11.b)			13.87	%		14.50	%
3.a	Tier 1 Capital Ratio that the bank must meet, considering the minimum requirements	a		7.25	%		7.35	%
4	Regulatory Capital Ratio (T1 I31/T1 I11.b)			17.64	%		18.28	%
4.a	Regulatory Capital Ratio that the bank must meet, considering the minimum requirements	a		9.25	%		9.38	%
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		12.25	%		12.38	%
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		18.87	%		18.23	%
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 Ix: corresponds to item x of the previous table.

a)	In the case of the leverage indicator, the requirement is 3% without prejudice to the additional requirements for systemic banks that could 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 requirements for Banco de Chile are equivalent to 1.25%. No charge for Pillar 2 as of June 30, 2026 (0.13% as of December 31, 2025 which is covered by 56.3% with basic capital).

b)	The capital buffer deficit must be estimated according to the provisions of Chapter 21-12 of the RAN. This value defines the restriction 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 corresponds to the effective equity requirement in force by article 35 bis of the General Banking Law.

d)	It corresponds to the solvency classification as established in article 61 of the general banking law.

e)	Limit is equivalent to 1.25% when using standard methodology for determining CRWAs.

f)	Limit 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 Tier 1 capital cannot exceed 1/3 of core capital.

h)	Additional 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, 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 INTERIM CONSOLIDATED FINANCIAL STATEMENTS, continued

49.	Subsequent Events:

(a)

Date

Registration number in the Securities Registry

Series

Amount

Currency

Maturity date

Average rate

July 1, 2026

11/2022

400,000

11/01/2030

2.82

July 2, 2026

11/2022

250,000

05/01/2034

3.03

July 6, 2026

11/2022

880,000

11/01/2030

2.81

July 7, 2026

11/2022

300,000

11/01/2030

2.80

July 8, 2026

11/2022

250,000

11/01/2030

2.74

July 20, 2026

11/2022

425,000

05/01/2034

2.95

July 22, 2026

11/2022

125,000

05/01/2034

2.95

(b)

During the period 2026 Banco de Chile has reported as an essential fact the following placements in the foreign market, issued under its Medium Term Notes Program (“MTN”):

Date	Amount	Currency	Maturity date	Average rate

July 21, 2026	10,000,000,000	JPY	07/30/2029	2.32	%

The Interim Consolidated Financial Statements of Banco de Chile for the period ended June 30, 2026 were approved by the Directors on July 30, 2026.

In Management’s opinion, there are no other significant subsequent events that affect or could affect the Interim Consolidated Financial Statements of Banco de Chile and its subsidiaries between June 30, 2026 and the date of issuance of these Interim Consolidated Financial Statements.

/s/ Héctor Hernández G.

/s/ Eduardo Ebensperger O.

Héctor Hernández G.

General Accounting Manager

Eduardo Ebensperger O.

Chief Executive Officer

199