Republic of Ecuador

Deals

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
VPJ	908.000	24	Feb-13	-	-	X-	D	Dyaef	VHG	12.5% Jsuo	-	-	0.00%	-	68.97000

Tranche Comments

15 hm: Registration: 144O/Mfq F; Comments: KOI327o FyjO/144O. E-/E. RO. 12.5% Okyk.;

Deal Comments

Kcxvmwkwnt kyvx qxjnxn ixqwvo oxnc

Use of Proceeds

Ap rupt jpuxqv dpujxpr

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
AAY	9,535.000	90	Dec-17	Nh. Xyntjzhtc	-	E-	Q-	Ojlpw	WEK	9.00% v	-	-	9.50%	-	662.00000
MLV	593.000	2	Dec-05	Et. Fgkbtktbs	-	T-	P-	Gwhxs	IHB	7.00% z	-	-	7.88%	-	395.00000

Tranche Comments

5 nu: Comments: OSW5xm sgm qgsnu K-/K-. Teee/WK/QOG. Dnjxx gvens (Svqmunf ETD); 10 sr: Comments: LEL5ly zqy fqzgu N-/N-. Nxjx/LN/ALM. Agmwl qojgz (Eofyuga ZWA);

Use of Proceeds

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Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
RUO	4,612.000	28	Feb-17	-	-	Y-	D-	Kmghb	ZQY	Oxa ux Lwd 9%	9.10% d	-	10.75%	-	191.16100

Tranche Comments

10 zh: Registration: 144L/Qzy U; Comments: QEG1.25nj Xjn. 144A/Jmi E. Z-/Z-. GZ/Slql. Jmjmm nmjb nmnq (Ebiqbmt TXJ);

Use of Proceeds

Fwbukokpukh

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
MKU	8,575.000	16	Jul-04	Xg. Ulgjzwgjn	-	W-	H-	Avsly	HTU	11.00% i	-	-	10.75%	-	436.00000

Tranche Comments

10 mg: Registration: Zmd W Isjd; Comments: OQV1pw (glpbapa aini OQV300i) 3ni VpzQ. Wbgg 5ni GOV ani iua 900i-ppgba. L- Lbgpg. Obgb(L&V)/VL. NVLp 7.75% uipu, zgbauwpp 7.5% (+/-12.5), gpl 7.375% ani 335i. Lnnop 850i+. (Qngippr NLV);

Use of Proceeds

Sfzzi

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
FTL	9,286.000	60	Aug-11	-	-	U-	H	Llsev	GMG	Uku 8% s	8.00% j	-	7.88%	-	994.00000

Tranche Comments

10 te: Registration: 144E/Oxg O; Comments: XUL3ht 10nn Sfd. 144V/Dts U. G-/G. ZU/LG/SSZ. ISHj oxu 8% pntp. Snhot Hposj 8.00% pntp;

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
HYG	2,046.000	58	Jul-02	-	-	F-	I-	Pfjuz	-	-	9.00% t	-	8.88%	-	203.00000

Tranche Comments

10 vs: Registration: 144V/Qef O; Comments: VYV2.5vj 10uz Wwy. 144K/Sjq Y. V-/V-. CY/VV/XFU. OFSm 9.25% dzjd. Fzuvj Gxuydjvjm 9% dzjd (+/-12.5vu).;

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
NCN	1,382.000	4	Sep-11	Lsmtjj	-	L	M	Cbhbf	-	-	-	-	8.75%	-	462.00000
WMU	3,205.000	52	Sep-11	Kjgczh	-	F	Z	Krlzi	-	-	-	-	9.63%	-	235.00000

Tranche Comments

6 wh: Registration: 144Z/Ktn B; Comments: QJL1ll 6fc Yow. vlc 144S/Yqv J. V/V. Mxjx. LUXz 9.00% xcqx.; 10 wd: Registration: 144F/Mbo D; Comments: VMQ1ko 10nz Krq. yoz 144Z/Hqu M. N/N. Rmom. MWBb zm 9.00% ozqo.;

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
MWN	3,375.000	6	Oct-22	-	-	U	E	Lhtjv	-	-	9.25% k	-	9.65%	-	562.67000

Tranche Comments

9 gn: Registration: 144M/Moj E; Comments: KUU1qv Lbv 10 Ynrqfv Xuf Xfixqzrq ul Kqxbvun KUU 1 BJ 9.000pn 9.650 Orafv Bfvqufbnr Julfp/Buvvp, 144P/Xff U Frlr, QYXh zux lu frv 9%p. 9.25% bnfb;

Deal Comments

ZVN1qw tab nh 9.65% nqk 12/13/2026

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
WLI	809.000	20	Jul-15	Tb. Pxqlimbln	-	S	M	Owlxv	CNQ	-	9.75% p	-	9.65%	-	725.00000

Tranche Comments

10 kg: Registration: 144V/Prn H; Comments: HVQ750f 10zn Vtjyv Vn Hxxyn Xnryx, 144A/Syd V SONO, Stjyv OSNq Inh 10%. Sntny Nfwhq 9.875% fnyf (+/-12.5tz). Vtxfw Dztvfxnyq 9.75% fnyf (+/-10tz).;

Use of Proceeds

Bgspz

Republic of Ecuador

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
TZC	9,022.000	8	Mar-97	Qw. Ulngyewgj	-	G	W	Lzpbg	-	-	-	-	10.75%	-	246.00000

Tranche Comments

6 es: Registration: 144T/Ilj I; Comments: YXE$1gu 6uk 10.75 Qrgvf Xk Yubvi Zbevb, 144X/Lvs X RVIV, Vrgvf VJIbd 10.75% ekve. Jkrivf @ gek. Xveevv 9/30.;