Beccar Varela advises on Banco Galicia’s CLASS XIII Notes Issuance.

February, 2024 - Buenos Aires, Argentina

Buenos Aires, February 15th, 2024. On January 17th, Banco de Galicia y Buenos Aires S.A.U. issued Class XIII Notes — simple, not convertible into shares, not guaranteed, denominated, integrable and payable in Pesos—, for a total nominal amount of AR$24,727,777,777. The issuance was made under CNV’s special Regular Issuer Regime, following the Prospectus for the Issuance of Negotiable Obligations in tranches for a maximum issue amount of up to US$500,000,000 (or its equivalent in other currencies).

Class XIII Notes, maturing on July 17th, 2024, will accrue interest at a floating rate equivalent to Badlar private rate plus a cut-off margin of 2% n.a. and will amortize its principal in one payment on the maturing date.

On January 15th, 2024, FIX SCR S.A. locally rated Class XIII Notes “A1+(arg)”; they were authorized for trading at Mercado Abierto Electrónico S.A. and Bolsas y Mercados Argentinos S.A.

In this notes issuance, Banco de Galicia y Buenos Aires S.A.U. acted as issuer and placement agent while Galicia Securities S.A. and Inviu S.A.U. acted as placement agents.

All the parties involved in the issuance turned toBeccar Varela’steam,led by Luciana Denegri, who was assisted by María Victoria Pavani, Julián Ojeda, and Ezequiel Cubilla Mascolo.