 Credicorp Ltd. announced in February 2020 a series of initiatives to bolster corporate governance to drive long-term stakeholder value and demonstrate leadership in corporate governance within itsoperating region. Last week, Credicorp s Board of Directors and the Annual General Shareholders Meeting, approved some of the elements of the plan announced in February. On June 5th 2020 the Annual General Shareholders Meeting took place and offered strong support for each of Credicorps proposals by ratifying two key elements: an increase in theindependence and diversification of the board through the election of new Board members and an amendment to Credicorps bye-laws to increase the size of the board. 