As of December 31, 2025 and 2024, the composition of intangible assets is as follows:


			As of December 31, 2025
	Average remaining useful life	Net opening balance as of January 1, 2025	Gross balance	Accumulated amortisation	Net balance
		MCh$	MCh$	MCh$	MCh$
Software development	2	88,669	475,790	(384,315)	91,475
Total		88,669	475,790	(384,315)	91,475


			As of December 31, 2024
	Average remaining useful life	Net opening balance as of January 1, 2024	Gross balance	Accumulated amortisation	Net balance
		MCh$	MCh$	MCh$	MCh$
Software development	2	97,551	430,867	(342,198)	88,669
Total		97,551	430,867	(342,198)	88,669

The changes in the value of intangible assets during the periods ended December 31, 2025 and December 31, 2024 is as follows:


Gross balances			Software development
			MCh$
Balances as of January 1, 2025			430,867
Acquisitions			52,868
Disposals and impairment			—
Impairments (*)			(7,963)
Other			18
Balances as of December 31, 2025			475,790

Balances as of January 1, 2024			378,800
Acquisitions			44,559
Disposals and impairment			—
Impairments			—
Other			7,508
Balances as of December 31, 2024			430,867

(*) Corresponds to the book value of intangible assets with obsolescence that were impaired during the period 2025.


Accumulated amortisation			Software development
			MCh$
Balances as of January 1, 2025			(342,198)
Year’s amortisation			(47,855)
Disposals			—
Impairment (*)			5,738
Other changes			—
Balances as of December 31, 2025			(384,315)

Balances as of January 1, 2024			(281,249)
Year’s amortization			(52,982)
Disposal			—
Impairment			—
Other changes			(7,967)
Balances as of December 31, 2024			(342,198)

(*) Corresponds to the amortization of intangible assets with obsolescence that were impaired during the period 2025.

The Bank has no restriction on intangible assets as of December 31, 2025 and 2024. Additionally, intangible assets have not been pledged as guarantee for fulfillment of financial liabilities, and the Bank has no debt related to Intangible assets as of those dates.