We advised YPF on the successful issuance of Notes for US$230,000,000 and $12,488,623,000

New Deal - January 13, 2023

Bruchou & Funes de Rioja advised YPF S.A. and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Macro Securities S.A., Allaria Ledesma & Cía S.A., Balanz Capital Valores S.A.U, as placement agents, in YPF S.A.’s issuance of Series XXI Notes for an aggregate value of US$230,000,000; and Series XXII Notes for an aggregate value of AR$12,488,623,000; subscribed under YPF´s Frequent Issuer Notes Program.

The Series XXI Notes are denominated in dollars, with a fixed rate of 1,00%, maturing on January 10, 2026, with a price of 100%. The Series XXI Notes were partially subscribed in-kind with Series XIV Notes and partially in cash.

The Series XXII Notes are denominated in pesos, maturing on July 10, 2024, with a variable annual nominal interest rate equivalent to the BADLAR rate plus a margin of 3,00%.

The Series XXI and XXII 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 and Branko Serventich.

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, Juan Manuel Simó, Carolina Mercero and Federico Grieben.

In-house legal counsel to the Placement Agents:

Banco de Galicia y Buenos Aires S.A.U.: Fernán Pereyra De Olazabal and Enrique Cullen.

Banco Santander Argentina S.A.: Ignacio García Deibe, Paula Balbi, and Guerrero Ezequiel.

Macro Securities S.A.: Rodrigo Covello and Valeria Lopez Marti.

Allaria Ledesma & Cía S.A: Ezequiel Politi.

Balanz Capital Valores S.A.U: Ana Paula Dandlen and Luciano Taraciuk.