We advised YPF S.A. on the issuance of Notes for US$138,000,000

New Deal - July 3, 2023

Bruchou & Funes de Rioja advised YPF S.A. and TCA Tanoira Cassagne advised Macro Securities S.A.U., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A, and Nación Bursátil S.A. as placement agents, in YPF S.A.’s issuance of Series XXV Additional Notes for an aggregate value of US$138,000,000 subscribed under YPF´s Frequent Issuer Notes Program (the “Notes”).

The Notes are additional to the class XXV Notes previously issued by YPF on June 13th, 2023, having identical terms and conditions in all aspects, except for the issuance date and the issuance price (which resulted of 100,2055% of the Notes’ face value). Thus, they are fungible with each other and constitute a single class of debt securities, for a total face value of US$ 263,000,000.

The Series XXV Additional Notes were listed on MAE and BYMA.

YPF S.A. is a company dedicated to the exploitation of hydrocarbon products and their derivatives in Argentina. The company’s stocks are publicly traded both in Argentinian local markets as well as in the NYSE (New York Stock Exchange).

Legal counsel to YPF S.A.

Bruchou & Funes de Rioja: Partner José María Bazán and associates Leandro Exequiel Belusci, Branko Serventich and Teo Panich.

Internal Legal counsel to YPF S.A.

Paola Garbi, Fernando Gomez Zanou, Valeria Moglia, Francisco Gaspari and Marina Quinteiro

Legal counsel to the Placement Agents:

TCA Tanoira Cassagne: Partners Alexia Rosenthal, Jaime Uranga and associates Ignacio Criado Díaz, Carolina Mercero, Juan Manuel Simó and Federico Grieben.