We advised Banco Macro on the international reopening of its US$130,000,000 notes issuance

New Deal - 13 de August, 2025

On August 4, 2025, Banco Macro S.A. (“Banco Macro”), one of Argentina’s leading financial institutions, issued, in the local and international markets, the Additional Class G Notes, simple, non-convertible into shares, denominated, subscribed, and payable in U.S. Dollars abroad (the “Additional Notes”). The Additional Notes were issued for a nominal value of US$130,000,000 (one hundred thirty million U.S. Dollars), under Banco Macro’s global medium-term note program for a nominal value of US$1,500,000,000 (one billion five hundred million U.S. Dollars) (or its equivalent in other currencies and/or monetary, measurement, or value units).

The Additional Notes are additional to the Class G Notes originally issued by Banco Macro on June 23, 2025, in an aggregate principal amount of US$400,000,000 (the “Existing Notes” and together with the Additional Notes, the “Class G Notes”). The total aggregate principal amount outstanding of the Class G Notes is US$530,000,000.

The Additional Notes will mature on June 23, 2029 (the “Maturity Date”) and bear interest at a fixed nominal annual rate of 8.000%. Interest will be payable semi-annually in arrears, commencing on December 23, 2025, until the Maturity Date.

The principal amount of the Additional Notes will be repaid in full at 100.000% of their nominal value, plus accrued and unpaid interest, on the Maturity Date.

The transaction was carried out in accordance with Rule 144A and Regulation S of the U.S. Securities Act of 1933.

The Additional Notes have been admitted for listing on the Bolsas y Mercados Argentinos S.A., and admitted for trading on the A3 Mercados S.A.

Bank of America Securities, J.P. Morgan Securities and Latin Securities acted as initial purchasers (the “Initial Purchasers”), while Macro Securities S.A.U. and Latin Securities S.A. acted as local placement agents (the “Local Placement Agents”) for the Notes. The Bank of New York Mellon acted as Trustee, Co-Registrar, Principal Paying Agent, and Transfer Agent under the Indenture entered into with Banco Macro S.A., with Banco Santander Argentina S.A. acting as Argentine Representative of the Trustee, Argentine Registrar, Argentine Paying Agent, and Transfer Agent.

Counsel Banco Macro

Bruchou & Funes de Rioja: acted as local legal counsel through its team led by partners Hugo Nicolás Bruzone and José María Bazán, and associates Ramón Augusto Poliche, Sofía Maselli, Lucía De Luca and Francisco Mendióroz.

Linklaters LLP: acted as New York legal counsel through its team led by partners Matthew Poulter and Emilio Minvielle, and associates Madelein Blehaut, Thomas Tiphaine Koffman, Thomas Lemouche and Juan Ignacio Itzaina.

In-House Counsel to Banco Macro:

Banco Macro was internally advised by Rodrigo Covello, Ernesto López and Valeria López Marti as in-house counsels.

Counsel to the Initial Purchasers and the Local Placement Agents

Salaverri, Burgio & Wetzler Malbrán: acted as local legal counsel through its team led by partners Roberto Lizondo and Josefina Ryberg, and associates Santiago Linares Luque, Rodrigo Durán Libaak, José María Martín and Carolina Naguelquin.

Simpson Thatcher & Bartlett LLP: acted as New York legal counsel through its team led by partners Juan Naveira and Jonathan Cantor, and associates Begoña Rodriguez, Jiha Min and Kirsten Davis.

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